Adam Schwallier

Adam Schwallier

Financial Advisor

Adam Schwallier was drinking a can of Coke when his manager broke the news. About 1,000 Morgan Stanley advisors were let go nationwide in a single day–and unfortunately, Adam’s name was on that list.

At first, he thought it was a joke. He was just outside of the three-year trainee period and his performance exceeded the metrics set out for him. He had built strong, trusting relationships with his clients. He had successfully earned the incentives and bonuses set out for his investment advisory business.  But the regretful look on his manager’s face told Adam everything he needed to know–it wasn’t about performance and creating advisory relationships. It was about a corporate culture stuck on pushing commission-based products.

So it was onward to another big-name broker-dealer and a new role…which, frankly, was not a great fit. The commission-based mindset felt mechanical and impersonal, focused on hitting revenue goals rather than providing the right investment advice for clients. The practice of recommending certain preferred securities (with conveniently high commissions) to meet an end-of-the-month quota disgusted Adam. His “a-ha” moment came quickly: he knew he could do better for his clients and stay true to his own values by creating his own independent RIA. 

Today, Adam has been at the helm of Schwallier Wealth Management for more than 15 years. As a fee-only advisor, he is a true partner for our clients, without the myriad of conflicts of interest that come from representing a brokerage firm or insurance company. Adam is proud to be a member of the National Association of Personal Financial Advisors (NAPFA) and lives faithfully by its three core values:

  • To be the beacon for independent, objective financial advice for individuals and families.
  • To be the champion of financial services delivered in the public interest.
  • To be the standard bearer for the emerging profession of financial planning.

“The investment world is complex,” Adam says. “Unfortunately, many financial advisors wear two hats at the same time–one for their client and one for the firm that employs them. This type of advisor earns commissions on the products they sell, which may not always be the right investment for their client.”

“I want people to be better off for having met me. I believe everyone deserves to work with an advisor without divided loyalties who is devoted to their best interests. And I believe that by listening to clients, building relationships, and working on a straightforward fee-only basis, it’s a win-win for the client and the advisor.”

More about Adam

  • Bachelor of Science degree in Math of Finance from the University of Michigan
  • CERTIFIED FINANCIAL PLANNER™  professional*
  • Father of three children, husband to one wife
  • Resides in Tallmadge Township
  • Respects wood (if you know, you know)