SourcingSourcing

MID-AMERICAN WEALTH ADVISORY GROUP INC.

B54
CRD 301621·SEC 801-121111·KANSAS CITY, MO
AUM
$335.6M
$100M-$500M
Est. Revenue
$3.4M
@ 1% on AUM
Est. EBITDA
$1.0M
@ 30% margin
Est. Deal Value
$8.1M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
MID-AMERICAN WEALTH ADVISORY GROUP INC.
CRD
301621
SEC file #
801-121111
EIN
431850268
DBA names
Mid-american Wealth Advisory Group

Economics

AUM
$335.6M
AUM band
$100M-$500M
AUM trajectory
'22'26
$191.0M → $335.6M▲ +76%
Client mix
Individuals Other902
Individuals High Net Worth46
Pension Profit Sharing Plans10

Operations

Employees (total)
21
Advisory staff (per ADV)
6
Advisory staff (5-yr trend)
'20'26
7 advisors → 6 advisors▼ -14%
Primary office
KANSAS CITY MO
Branches
—

Custodian & Brokerage

Primary custodian
Charles Schwablow confidence
Services offered
Portfolio mgmt — individualsPortfolio mgmt — businessesSelection of other advisers
Fee basis
% of AUM

Filings

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
FALTER, MARK, STEPHEN
Top Owner Pct
62.5
Top Owner Entity Kind
I
Owner Count
2
Control Persons
FALTER, MARK, STEPHEN
FALTER, AMY, ELIZABETH
Solo Advisor Indicator
No
Succession Risk Solo Owner
No
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
fallback_guess:midamerican.com

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No

SEC EDGAR

Edgar Cik
0001911264
Edgar Registered
Yes
Edgar Filing Count
16
Edgar First Filing Date
2022-02-16
Edgar Last Filing Date
2026-04-23
Edgar 13f Count
15
Edgar 13f Latest AUM Estimate
Filing Date2026-04-23
Accession0001911264-26-000002

Local market & wealth

Rank targets by how wealthy the local market is

Soi High Wealth Score
0.2776
Soi Zip Pct 200k Plus
0.0662
Soi Zip Returns 200k Plus
210
Soi Zip Total AGI
268,230
Fdic Zip Total Deposits
2,514,842,000
Fdic Zip Branch Count
106
Fdic Zip Top Banks
Citizens Bank and Trust Company
North American Savings Bank, F.S.B.

Compliance & brand

Firm Registration Status
active

All other collected signals (22)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
6
Bc Firm IAR Count
6
Custodian Candidates
Full
Charles Schwab6
E*trade4
Edgar Addresses
Mailing
7505 NW TIFFANY SPRINTS PARKWAY4TH FLOORKANSAS CITY, MO 64153
Business
7505 NW TIFFANY SPRINTS PARKWAY4TH FLOORKANSAS CITY, MO 64153
Edgar EIN
431850268
Edgar Recent Filings
13F-HR2026-04-23 · 0001911264-26-000002
13F-HR2026-01-23 · 0001911264-26-000001
Fdic Zip Branches Raw
Bank 10Kansas City, MO
Bank of WestonKansas City, MO
Fdic Zip HHI
2736.63
Fdic Zip Top Bank Share Pct
38.79
Fdic Zip Year
2025
Firm Has Custody
Yes
Mailing Office Differs
No
Soi Year
2022
Soi Zip Distribution
Stub 1
AGI8,834
Returns680
Stub 2
AGI26,301
Returns710
Stub 3
AGI32,854
Returns540
Soi Zip Total Business Income
4,825
Soi Zip Total Cap Gains
6,346
Soi Zip Total Dividends
2,755
Soi Zip Total Returns
3,170
Top Owner CRD
1387482
Trust Company Affiliate
No

People (7)

7
FALTER, MARK, STEPHEN
IAR · Direct Owner · 62.5%
1387482
FALTER, AMY, ELIZABETH
Direct Owner · 37.5%
5396992
Richard Caleb Falter
IAR
6912317
KOLTON HUNTER HURST
IAR
7892624
Joshua Stephen Falter
IAR
7027916
Patrick Donald Guilfoy
IAR
6911433
Charles Martin Bourquin
IAR
8000852