Portage-based Zhang Financial has a new 2,514-square-foot office at 460 Ada Drive, Suite 200, in Ada. Courtesy Gary Yonkers Photography, Augusta, Michigan
A wealth management practice in the region opened a new office in downtown Ada.
Portage-based Zhang Financial, a fee-only financial advisory firm, on Jan. 7 held a grand opening for its new 2,514-square-foot office at 460 Ada Drive, Suite 200, in Ada.
The rented space is part of a building owned by Grand Rapids-based CDV5 and River Street Partners LLC with leasing managed by Grand Rapids-based DAR Development.
Zhang Financial said the new office will aid its team in "meeting an increasing market demand” for National Association of Personal Financial Advisors (NAPFA)-registered financial advisers in West Michigan.
“We are so thankful for our clients who have supported us in developing this new office,” said Charles Zhang, co-founder and CEO of Zhang Financial and asset manager for all of the firm’s clients.
“Our goal has always been to put our clients’ best interests first, whether it be through competitive fee-only pricing, unbiased investment advice or comprehensive financial planning. We are excited to bring these business principles with us to our new Ada location and expand our services to the community.”
The new office features a brick exterior with a “clean and modern interior design.”
Amenities include a reception room, kitchen with stainless steel appliances, two large conference rooms, three private offices, six open space workstations and a second-floor outdoor balcony overlooking Ada Drive.
Walter Hansen, president of Portage-based Hansen Building and Design, was the project’s contractor.
Zhang Financial COO Lynn Chen-Zhang collaborated with Corrie Kirshman, of Kalamazoo-based Kirshman Kitchen Design Studio, on the interior design.
Barbara Robbins, associate vice president, financial planning and private client services, oversees the office.
Zhang Financial hired two new employees to work in Ada, for a total of six full-time staff members on-site, as well as two additional chartered financial analyst (CFA)- and certified public accountant (CPA)-credentialed financial advisers from the Portage headquarters who come to Ada to meet with clients regularly for investment strategies and tax planning.
With roots dating to 1991, Zhang Financial is a fiduciary firm founded by Charles Zhang and Lynn Chen-Zhang that offers customized financial guidance and an “open-architecture investment platform.”
For the past five years, Charles Zhang, CFP, has been ranked among the top 10 on Barron’s list of “America’s Top 100 Independent Wealth Advisors” and was ranked at No. 2 as of September 2019.
He also ranked No. 6 on Forbes’ 2019 list of “America’s Top Wealth Advisors.”
Zhang Financial has more than $3 billion in assets under management.