Usa Financial Formulas, LLC. (Ada)


Usa Financial Formulas, LLC. is a pension cosultant based in Ada. It manages $19.11 million of regulatory assets for 304 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Usa Financial Formulas provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Usa Financial Formulas: assets under management

The assets under management (AUM) of Usa Financial Formulas, LLC. is $19.11 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $19.11 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $62.85 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Usa Financial Formulas, LLC. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Usa Financial Formulas, LLC.

Brent David Enders has been acting as President since 1 Feb 2006. William Clayton Bachert joined the executive team most recently as the Chief Financial Officer / Manager.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Michael D. Walters Trust Trust/direct owner 1 Jan 2006 25% - 50% 38-5866878
Brent D. Enders Trust Trust/direct owner 1 Jan 2006 25% - 50% 37-0680668
Gary G. Walters Trust Trust/direct owner 1 Jan 2006 25% - 50% 37-0386142
Brent David Enders President 1 Feb 2006 25% - 50% 2858719
Andrea Denise Stewart Chief compliance officer 1 Dec 2006 Other 4896632
Andrea Denise Stewart Mcgrew Chief compliance officer/manager 1 Dec 2006 Other 4896632
William Clayton Bachert Chief financial officer / manager 1 Apr 2007 Other 4576698

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Michael David Walters Trustee 1 Jan 2006 25% - 50% 2580592
Brent David Enders Trustee 1 Jan 2006 25% - 50% 2858719
Gary Glen Walters Trustee 1 Jan 2006 25% - 50% 4135245

Based in Ada

The principal office where Usa Financial Formulas, LLC. performs its advisory services is located at 6020 East Fulton Street, Ada, MI 49301, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (800)869-5994 or by fax (888)869-9411. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at www.portformulas.com.