Fairhaven Financial Advisory Corporation

Fairhaven Financial Advisory Corporation, based in East Lansing, Michigan, was established in 1999 and is registered as an investment adviser with the U.S. Securities and Exchange Commission. The firm specializes in managing clients' portfolios, offering both discretionary and non-discretionary services. As of December 31, 2024, Fairhaven Financial managed over $300 million on a discretionary basis and over $16 million on a non-discretionary basis. The firm's President, Joseph R. Brooks, is a Charter Member of Ed Slott’s Master Elite IRA Advisor Group and has extensive experience advising on retirement assets. Fairhaven Financial provides Gold Medal Services, Limited Investment Advisory Services, Retirement Plan Services, General Consultation Services, and Financial Planning Services. Investment strategies offered by the firm range from conservative to aggressive based on account size and risk tolerance. Fairhaven Financial charges fees based on the service performed and the market value of assets under advisement, with fees payable quarterly. The firm does not participate in wrap fee programs and is not compensated based on capital gains. Clients have the option to choose their custodian, with Schwab recommended by Fairhaven Financial. The firm does not vote client securities and does not accept custody of client funds. Fairhaven Financial does not receive soft dollar benefits and does not receive compensation for recommending other investment advisers. The firm's team includes Joseph R. Brooks, Rachel C. Anderson, Jonathan R. Brooks, and Joshua S. Roberds, all of whom are licensed and experienced professionals in the financial industry.