SourcingSourcing

MIDLAND WEALTH ADVISORS, LLC

C37
CRD 324997·SEC 801-127578·EFFINGHAM, IL
AUM
$3.16B
$1B+
Est. Revenue
$31.6M
@ 1% on AUM
Est. EBITDA
$9.5M
@ 30% margin
Est. Deal Value
$75.8M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
MIDLAND WEALTH ADVISORS, LLC
CRD
324997
SEC file #
801-127578
EIN
922663624
DBA names
Midland Wealth Management

Economics

AUM
$3.16B
AUM band
$1B+
AUM trajectory
'25'26
$2.93B → $3.16B▲ +8%
Client mix
Individuals Other119
Individuals High Net Worth19

Operations

Employees (total)
32
Advisory staff (per ADV)
19
Advisory staff (5-yr trend)
'25'26
19 advisors → 19 advisors▬ 0%
Primary office
EFFINGHAM IL
Branches
—

Custodian & Brokerage

Primary custodian
Fidelitylow confidence
Services offered
Financial planningPortfolio mgmt — individualsPension consultingSelection of other advisers
Fee basis
% of AUMHourly chargesFixed fees

Filings

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
MIDLAND STATES BANCORP, INC.
Top Owner Pct
87.5
Top Owner Entity Kind
DE
Owner Count
4
Control Persons
MIDLAND STATES BANCORP, INC.
BREAULT, LEO
Solo Advisor Indicator
No
Succession Risk Solo Owner
No
Is Parent Owned Subsidiary
Yes

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
fallback_guess:midland.com

Retirement-plan book (Form 5500) ★

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

Retirement Plan Book
No

SEC EDGAR

Edgar Cik
0001990058
Edgar Registered
Yes
Edgar Filing Count
12
Edgar First Filing Date
2024-02-14
Edgar Last Filing Date
2026-05-07
Edgar 13f Count
10
Edgar 13f Latest AUM Estimate
Filing Date2026-05-07
Accession0001951757-26-000794
Edgar Former Names
MIDLAND WEALTH ADVISORS LLC

Local market & wealth

Rank targets by how wealthy the local market is

Soi High Wealth Score
0.2497
Soi Zip Pct 200k Plus
0.0697
Soi Zip Returns 200k Plus
670
Soi Zip Total AGI
909,015
Fdic Zip Total Deposits
31,987,509,000
Fdic Zip Branch Count
422
Fdic Zip Top Banks
Midland States Bank
Washington Savings Bank

Compliance & brand

Firm Registration Status
active

All other collected signals (21)

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
20
Bc Firm IAR Count
20
Custodian Candidates
Full
Fidelity4
E*trade4
State Street1
Edgar Addresses
Mailing
1201 NETWORK CENTRE DRIVEEFFINGHAM, IL 62401
Business
1201 NETWORK CENTRE DRIVEEFFINGHAM, IL 62401
Edgar EIN
922663624
Edgar Recent Filings
13F-HR2026-05-07 · 0001951757-26-000794
13F-HR2026-01-26 · 0001951757-26-000299
Fdic Zip Branches Raw
Effingham State BankEffingham, IL
Effingham State BankEffingham, IL
Fdic Zip HHI
1769.57
Fdic Zip Top Bank Share Pct
33.64
Fdic Zip Year
2025
Firm Has Custody
Yes
Mailing Office Differs
No
Soi Year
2022
Soi Zip Distribution
Stub 1
AGI31,092
Returns2,610
Stub 2
AGI82,928
Returns2,240
Stub 3
AGI85,933
Returns1,400
Soi Zip Total Business Income
24,585
Soi Zip Total Cap Gains
63,457
Soi Zip Total Dividends
32,873
Soi Zip Total Returns
9,610
Trust Company Affiliate
No

People (22)

22
LANGE, RYAN, LEE
IAR · Executive Officer · 2.5%
7778331
LEO BREAULT
Executive Officer · 2.5%
4144770
STEVENSON, DANNY, LEON
Executive Officer · 2.5%
2385276
STEPHANIE ANN JACOBS
IAR
2458828
CHRISTOPHER ALLEN ZABEL
IAR
7831794
DENISE KAY MELTON
IAR
7839141
Rachel Nicole Brimm
IAR
7833612
KALEB WILLIAM GOTTFRED
IAR
7832173
Jacob Stapleton
IAR
6749256
Nicholas Adam Gibson
IAR
5024983
Frank Christopher Schultz
IAR
6906157
KAREN THERESA JOHNSON
IAR
5915940
Michelle Boisvert
IAR
7240592
Jay Bryan Mix
IAR
5727559
Joshua GW McCammon
IAR
7228099
Christopher Charles Schroeder
IAR
4063034
TYSON James GIGER
IAR
4805908
PETER HEXTER RISKIND
IAR
4023699
Deshawn Kerwin Peterson
IAR
7382444
EMIL IMAD SUQI
IAR
5715433
STEPHEN THOMAS KELLY
IAR
6483418
DANIEL HARLAN ZEIGLER
IAR
7796068