Midland Wealth Advisors, Llc
- Regulatory AUM
- $3.2B
- Discretionary
- $3.2B
- Clients
- 138
- Avg AUM / client
- $22.9M
- Accounts
- 4,521
- Employees
- 32
AUM over time
Annual snapshots from Form ADV filings · as of Apr 29, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 119 | $27.6M | 0.87% |
| High net worth individuals | 19 | $29.9M | 0.95% |
| Banking or thrift institutions | Fewer than 5 clients | $3.1B | 98.2% |
| Corporations and other businesses | Fewer than 5 clients | $536K | 0.02% |
People (24)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Heath William Sorenson | Vp, Chief Operating Officer, And Treasurer | CFP | Feb 2023 (4y) | Less than 5% |
| Ryan Lee Lange | Chief Investment Officer | CFA | Aug 2023 (3y) | Less than 5% |
| Stevenson, Danny, Leon | President And Chief Executive Officer | Aug 2023 (3y) | Less than 5% | |
| De Vries, Jennifer, Lynn | Chief Compliance Officer | Jul 2024 (2y) | Less than 5% | |
| Daniel Harlan Zeigler | Registered representative | CFP | Aug 2023 (3y) | |
| Frank Christopher Schultz | Registered representative | CFP | Aug 2023 (3y) | |
| Christopher Allen Zabel | Registered representative | Dec 2023 (3y) | ||
| Kaleb William Gottfred | Registered representative | Dec 2023 (3y) | ||
| Rachel Nicole Brimm | Registered representative | Jan 2024 (3y) | ||
| Christopher Charles Schroeder | Registered representative | Chartered Financial Consultant | Jan 2024 (3y) | |
| Stephanie Ann Jacobs | Registered representative | Jun 2024 (2y) | ||
| Michelle Boisvert | Registered representative | Jun 2024 (2y) | ||
| Tyson James Giger | Registered representative | Jul 2024 (2y) | ||
| Jay Bryan Mix | Registered representative | Aug 2024 (2y) | ||
| Jacob Stapleton | Registered representative | Nov 2024 (2y) | ||
| Denise Kay Melton | Registered representative | Nov 2024 (2y) | ||
| Emil Imad Suqi | Registered representative | CFA | Dec 2024 (2y) | |
| Peter Hexter Riskind | Registered representative | Feb 2025 (1y) | ||
| Nicholas Adam Gibson | Registered representative | Apr 2025 (1y) | ||
| Stephen Thomas Kelly | Registered representative | May 2025 (1y) | ||
| Karen Theresa Johnson | Registered representative | Jul 2025 (1y) | ||
| Joshua Gw Mc Cammon | Registered representative | Jul 2025 (1y) | ||
| Deshawn Kerwin Peterson | Registered representative | CFP | Mar 2026 (0y) | |
| Matthew Michael Raye | Registered representative | Jul 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Midland States Bancorp, Inc. | Managing Member (Parent Company) | Feb 2023 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/29/2026 | 1.05 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Pension consulting services
- • Selection of other advisers
Custody
Reported custodians
- Fidelity Brokerage Services $3.2B (100% of AUM) Apr 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Apr 29, 2026.
View current Form ADV (SEC/IAPD) ↗