City Center Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars. Financial planning was provided to 251–500 clients last fiscal year.
City Center Advisors reports 439 clients. They include 379 individual clients, 59 high-net-worth individuals and 1 corporate or other business client. Of its assets, 100.0% ($187M across 1,276 accounts) are managed with discretion. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 86% | 62% |
| High-net-worth individuals | 13% | 38% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 379 | $116M | 62.2% | $307K |
| High-net-worth individuals | 59 | $70.6M | 37.8% | $1.2M |
| Corporations and other businesses | Fewer than 5 | $100 | 0.0% | $100 |
| Total | 439 | $187M | 100% | — |
- Clients
- 379
- Regulatory AUM
- $116M
- AUM share
- 62.2%
- Avg. per client
- $307K
- Clients
- 59
- Regulatory AUM
- $70.6M
- AUM share
- 37.8%
- Avg. per client
- $1.2M
- Clients
- Fewer than 5
- Regulatory AUM
- $100
- AUM share
- 0.0%
- Avg. per client
- $100
Total
- Clients
- 439
- Regulatory AUM
- $187M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
City Center Advisors charges up to 2.00% a year for its Asset management fee. The fee is billed in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- ERISA plan services
- ERISA plan fees are based on Included Assets and will not exceed 2%, or may be a flat fee; the fee is negotiable.
- Limited scope financial planning
- Limited scope financial planning is available at $500 per hour; plan fees are non-negotiable and billed 50% in advance, the balance on delivery.
David Hardin owns 25% to 50% of City Center Advisors. David Hardin is CEO. It has 7 employees.
Staff
- 7 employees
- 7 in advisory functions
- 7 state-registered reps
- 7 insurance agents
- Owns 25% to 50% of City Center Advisors, LLC
David Hardin
Control person · since December 2018
- Owns 5% to 10% of City Center Advisors, LLC
Frank Endris
Control person · since April 2015
City Center Advisors’ regulatory assets grew 1.6× from $118M (July 2022) to $187M (September 2026); clients fell from 903 to 439 and employees from 9 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $187M | 439 | 7 | 3 |
| Jul 2025July 2025 | $132M | 379 | 6 | 3 |
| Jul 2024July 2024 | $128M | 374 | 7 | 3 |
| Jun 2023June 2023 | $109M | 530 | 6 | 4 |
| Jul 2022July 2022 | $118M | 903 | 9 | 4 |
Besides its headquarters, City Center Advisors has 2 offices (1 private residence, listed without an address), with 2 listed addresses across 2 states.
Colorado · 1 listed address
- 5446 N. Academy, Colorado Springs
Michigan · 1 listed address
- 140 West Maple Road, TroyHQ
Contact and registration details
- Legal name
- City Center Advisors, LLC
- Headquarters
- 140 West Maple Road, Troy, MI 48084
- Website
- citycenterfinancial.com
- Phone
- 888-267-1321
- @city-center-financial-llc
- SEC file
- 801-123152
- Structure
- Colorado LLC
- Fiscal year end
- December
City Center Advisors’ named custodian for separately managed accounts is Charles Schwab ($187M). City Center Advisors does not have custody of client assets.
The filed custodian amounts total more than regulatory assets under management. Each amount is shown as filed.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $187M100%
At year end, City Center Advisors’ separately managed accounts were mostly in funds (53%) and stocks (33%). Its reported 13F holdings for the quarter ended 30 June 2026 total $123M across 170 positions; the largest are SPDR Series Trust (7.1%), SPDR Series Trust (6.4%) and Pimco ETF TR (3.9%).
What the accounts hold
- Stocks33%
- Exchange-traded equities32%
- Non-exchange-traded equities1%
- Funds53%
- Bonds8%
- Investment grade corporate bonds5%
- U.S. government and agency bonds1%
- State and local bonds1%
- High-yield corporate bonds1%
- Cash5%
- Other1%
- Derivatives1%
How many clients does City Center Advisors have?
City Center Advisors has 439 clients and manages $187 million for them, as of September 2026. They include 379 individual clients, 59 high-net-worth individuals and 1 corporate or other business client.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 September 2026
What services does City Center Advisors offer?
City Center Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does City Center Advisors charge?
City Center Advisors charges up to 2.00% a year for its Asset management fee. The fee is billed in arrears and is negotiable.
Which custodians does City Center Advisors use?
City Center Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $187M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 September 2026
How many financial advisors does City Center Advisors have?
City Center Advisors has 7 investment adviser representatives registered with state securities authorities, out of 7 employees, and 7 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 7 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does City Center Advisors invest in?
At the end of its last fiscal year, City Center Advisors’ separately managed accounts held 53% registered funds (mutual funds, ETFs, BDCs), 32% exchange-traded equities, 5% investment grade corporate bonds, 5% cash and equivalents, 1% non-exchange-traded equities, 1% U.S. government and agency bonds, 1% state and local bonds, 1% high-yield corporate bonds and 1% derivatives.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns City Center Advisors?
City Center Advisors’ direct owners are Frank Endris and David Hardin, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 23 September 2026
How does City Center Advisors get paid?
City Center Advisors is paid through a percentage of assets under management, hourly charges and other compensation. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact City Center Advisors?
City Center Advisors’ main office is at 140 West Maple Road, Troy, MI 48084. Its phone number is 888-267-1321. Its website is citycenterfinancial.com.
