Stokes & Stocking Inc (Grand Rapids)


Stokes & Stocking Inc is a large advisory firm based in Grand Rapids. It manages $185.07 million of regulatory assets for 920 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Michigan.

Stokes & Stocking provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and security ratings or pricing services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Stokes & Stocking: assets under management

The assets under management (AUM) of Stokes & Stocking Inc is $185.07 million. The firm's AUM has grown by 53% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $178.84 million in discretionary accounts and $6.23 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $203.92 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $144.87 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Stokes & Stocking Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Stokes & Stocking Inc

Robert Russell Stark has been acting as President since 1 Jan 2000. David Cline Stocking joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
James Leslie Stokes Chief executive officer 1 Mar 1998 Other 4351014
George Dirk Racette Chief financial officer 1 Mar 1998 Other 1156380
David Cline Stocking Chief operating officer 1 Jan 2000 75% - 100% 1146821
Robert Russell Stark President 1 Jan 2000 Other 1219254

Based in Grand Rapids

The principal office where Stokes & Stocking Inc performs its advisory services is located at 96 Monroe Center Nw, Grand Rapids, MI 49503, 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 616-235-2442 or by fax 616-235-2460. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at stokesstocking.com.