Business Details
34 Years
experience
Your Trusted Partner for Financial Advisory Services in Grand Rapids, MI
Advosion is a fee-only fiduciary financial advisory firm founded in 1992, dedicated to providing personalized financial planning and investment management services. Our approach prioritizes clients' best interests through Life-Centric Planning and Real-Life Investing strategies. We specialize in aligning financial resources with personal values, offering transparent, commission-free guidance tailored to high-net-worth individuals and leaders in business, education, and healthcare. With decades of experience, we combine strategic thinking with specialized expertise to help clients navigate complex financial decisions. Our services emphasize tax efficiency, global diversification, and behavioral coaching to optimize long-term outcomes.We maintain a limited client base to ensure personalized attention and proactive service. Our team collaborates with external experts, including tax attorneys and CPAs, to deliver comprehensive solutions. Advosion's compensation structure is transparent and aligned with client success, focusing on monthly or quarterly retainers rather than asset-based fees. We serve clients virtually while maintaining a physical presence in Grand Rapids, Michigan. Our philosophy centers on evolving collaboration rather than static financial plans, adapting to life's uncertainties and changing priorities.
Services
Financial Planning
Investment Management
Tax Strategies
Portfolio Management
Retirement Planning
Risk Management
Charitable Giving
Estate Planning
Behavioral Coaching
Global Diversification
Details
- Year established: 1992
Highlights and features
- We operate as legally required fiduciaries with no commissions or hidden incentives
- Our limited client base ensures personalized attention and proactive service
- We combine 30+ years of experience with specialized expertise from complementary professionals
- Our transparent retainer-based compensation aligns with client success, not asset growth
- We focus on evolving collaboration rather than static financial plans
Associations and certifications
- ChFC
- CLU
Services
Life-Centric Planning
Our Life-Centric Planning service focuses on aligning financial strategies with personal values and life priorities. We help clients navigate complex decisions through evolving life circumstances, emphasizing flexibility and intentional actions. This approach combines behavioral coaching with strategic planning to optimize financial outcomes while maintaining tax efficiency and global diversification.
Real-Life Investing
Real-Life Investing provides evidence-based portfolio management tailored to individual risk tolerance and financial goals. We implement globally diversified strategies that emphasize tax placement, rebalancing, and cost-effective implementation. Our approach prioritizes mathematical probability over market speculation, aiming to deliver consistent returns through disciplined investment management and behavioral guidance.
Fiduciary Advisory
As fee-only fiduciaries, we offer unbiased financial advice legally required to prioritize client interests. Our advisory services cover comprehensive financial planning, investment oversight, and coordinated wealth management. We maintain transparency through retainer-based compensation with no product sales or commission-driven incentives, ensuring objective recommendations aligned with client objectives.
Tax Strategies
Our tax strategy services focus on optimizing after-tax returns through strategic asset location and loss harvesting techniques. We integrate tax considerations into investment planning to minimize liabilities while maintaining portfolio integrity. This approach combines with our broader financial planning to enhance overall tax efficiency across clients' financial ecosystems.
Portfolio Management
Portfolio Management services include strategic asset allocation, rebalancing, and consolidated reporting for diversified investment holdings. We utilize institutional-grade custodians and multiple world-class investment firms to implement customized solutions. Our approach emphasizes risk management, tax efficiency, and behavioral discipline to achieve long-term capital preservation and growth objectives.
People
Scott Pruski
Founder & Financial Advisor
Scott Pruski is a fiduciary financial advisor with 30+ years of experience, holding ChFC and CLU designations. He specializes in Life-Centric Planning for high-net-worth clients, combining strategic thinking with behavioral coaching to optimize financial outcomes.
Questions
What services does Advosion offer?
We provide Life-Centric Planning and Real-Life Investing services, focusing on fiduciary financial planning, portfolio management, tax strategies, and behavioral coaching tailored to high-net-worth individuals.
How is Advosion compensated for services?
Our services are compensated through transparent monthly or quarterly retainers ranging from $500-$5,000/month for planning and 0.075-0.25%/quarter for investment management, with no commissions or hidden fees.
Are you a fiduciary financial advisor?
Yes, we operate as legally required fiduciaries with a duty to prioritize client interests above all else, maintaining fee-only compensation with no product sales or commission incentives.
Do you work with local clients only?
While based in Grand Rapids, MI, we serve clients virtually nationwide through our remote advisory platform while maintaining personalized service standards.
What investment approach do you use?
Our evidence-based approach emphasizes global diversification, tax efficiency, and behavioral discipline, utilizing institutional-grade investments from multiple world-class providers.
How many clients do you serve?
We maintain a limited practice of approximately 30 clients to ensure personalized attention, proactive service, and meaningful collaboration with each relationship.
