Macro Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 26–50 clients last fiscal year.
Macro Advisors reports 683 clients. They include 603 individual clients, 66 high-net-worth individuals, and 6 corporations and other businesses. Of its assets, 97.2% ($361M across 1,600 accounts) are managed with discretion; $10.2M across 49 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 88% | 41% |
| High-net-worth individuals | 10% | 55% |
| Pension and profit-sharing plans | <1% | 3% |
| Charitable organizations | <1% | <1% |
| 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) | 603 | $152M | 40.9% | $251K |
| High-net-worth individuals | 66 | $206M | 55.4% | $3.12M |
| Pension and profit-sharing plans | 5 | $10.8M | 2.9% | $2.15M |
| Charitable organizations | Fewer than 5 | $1.88M | 0.5% | $625K |
| Corporations and other businesses | 6 | $1.06M | 0.3% | $176K |
| Total | 683 | $371M | 100% | — |
- Clients
- 603
- Regulatory AUM
- $152M
- AUM share
- 40.9%
- Avg. per client
- $251K
- Clients
- 66
- Regulatory AUM
- $206M
- AUM share
- 55.4%
- Avg. per client
- $3.12M
- Clients
- 5
- Regulatory AUM
- $10.8M
- AUM share
- 2.9%
- Avg. per client
- $2.15M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.88M
- AUM share
- 0.5%
- Avg. per client
- $625K
- Clients
- 6
- Regulatory AUM
- $1.06M
- AUM share
- 0.3%
- Avg. per client
- $176K
Total
- Clients
- 683
- Regulatory AUM
- $371M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
Macro Advisors charges 1.00%–1.50% a year for its Portfolio Management Services. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Services
- Billed at $150 an hour, negotiable depending on the scope and complexity of the plan; due on completion of services.
Jay Desai owns 25% to 50% of Macro Advisors. Mahir Desai is CEO; the leadership team includes President Mikesh Desai, Chief Financial Officer Dipal Patel and Chief Compliance Officer Jay Desai. It has 9 employees, 8 of them in advisory roles.
Leadership
- Mahir DesaiChief Executive Officer
- Mikesh DesaiPresident, Chief Operating Officer
- Dipal PatelChief Financial Officer
- Jay DesaiChairman/Chief Compliance Officer
- Darshana DesaiCorporate Secretary
Investment adviser representatives
9 representatives listed in the SEC register as of 9 October 2026.
- Wade Cornett
- Darshana Jay Desai
- Jay Matilal Desai
- Mahir Jay Desai
- Mikesh Jay Desai
- Herman Alfred Dodson JR
- Kara Maia Miller
- Dipal Hamir Patel
- Shannon Renee Shupp
Staff
- 9 employees
- 8 in advisory functions
- 9 state-registered reps
- 8 insurance agents
- Owns 25% to 50% of Macro Advisors, Inc.
Jay Desai
Control person · since February 2003
- Owns 10% to 25% of Macro Advisors, Inc.
Mahir Desai
since January 2023
- Owns 10% to 25% of Macro Advisors, Inc.
Mikesh Desai
since January 2023
- Owns 10% to 25% of Macro Advisors, Inc.
Dipal Patel
since January 2023
Macro Advisors’ regulatory assets grew 2.3× from $159M (June 2021) to $371M (May 2026); clients rose from 505 to 683 and employees from 7 to 9.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| May 2026 | $371M | 683 | 9 | 2 |
| May 2025 | $253M | 638 | 9 | 3 |
| April 2024 | $209M | 561 | 7 | 3 |
| May 2023 | $169M | 548 | 7 | 3 |
| February 2022 | $191M | 528 | 7 | 3 |
| June 2021 | $159M | 505 | 7 | 3 |
Besides its headquarters, Macro Advisors has 1 office (1 private residence, listed without an address), with 1 listed address in Pennsylvania.
Pennsylvania · 1 listed address
- 526 Greenbriar Road, YorkHQ
Contact and registration details
- Legal name
- Macro Advisors, Inc.
- Headquarters
- 526 Greenbriar Road, York, PA 17404
- Website
- macroadv.com
- Phone
- 717-764-4566
- SEC file
- 801-117443
- Structure
- Pennsylvania corporation
- Fiscal year end
- December
Macro Advisors uses Charles Schwab ($346M) as custodian for its separately managed accounts. Macro Advisors has custody of $210M in client assets for 745 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $346M100%
At year end, Macro Advisors’ separately managed accounts were mostly in funds (61%) and bonds (29%). Its reported 13F holdings for the quarter ended 30 June 2026 total $314M across 45 positions; the largest are First TR Exchng Traded FD VI (20.6%), iShares TR (15.0%) and Blackrock ETF Trust (13.5%).
What the accounts hold
- Stocks6%
- Funds61%
- Bonds29%
- Cash3%
- Other1%
- Uit1%
Reported 13F holdings
- $314M
- Reported 13F value
- 45
- Positions
- 82.2%
- In the 10 largest
- +29.5%
- Value vs. prior quarter
- First TR Exchng Traded FD VI · FT Ladd Buff ETF20.6%
- iShares TR · Ultra Short Dur15.0%
- Blackrock ETF Trust · iShares US Equit13.5%
- First TR Exchange-traded FD · Vest Laddered7.1%
- iShares TR · U.S. Tech ETF6.3%
- Blackrock ETF Trust II · iShares Aaa Clo5.0%
- Vanguard Index Fds · Value ETF4.5%
- iShares TR · Core S&P US Gwt4.5%
- Select Sector SPDR TR · ST Str Indl ETF3.1%
- First TR Exchng Traded FD VI · FT Vest Nasd ETF2.7%
Together, the ten largest are 82.2% of reported value.
How many clients does Macro Advisors have?
Macro Advisors has 683 clients and manages $371 million for them, as of May 2026. They include 603 individual clients, 66 high-net-worth individuals, and 6 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 May 2026
What services does Macro Advisors offer?
Macro Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Macro Advisors charge?
Macro Advisors charges 1.00%–1.50% a year for its Portfolio Management Services. The fee is billed in arrears and is negotiable.
Source: MACRO ADVISORS, INC. ADV BROCHURE, filed 27 March 2026
Which custodians does Macro Advisors use?
Macro Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $346M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 May 2026
How many financial advisors does Macro Advisors have?
Macro Advisors has 9 investment adviser representatives registered with state securities authorities, out of 9 employees, and 8 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 8 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 Macro Advisors invest in?
At the end of its last fiscal year, Macro Advisors’ separately managed accounts held 61% registered funds (mutual funds, ETFs, BDCs), 29% U.S. government and agency bonds, 6% exchange-traded equities, 3% cash and equivalents and 1% other. The 1% other category is described as: Uit.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Macro Advisors?
Macro Advisors’ direct owners are Jay Desai, Mahir Desai, Mikesh Desai and Dipal Patel, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 27 May 2026
How does Macro Advisors get paid?
Macro Advisors is paid through a percentage of assets under management and hourly charges. 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 Macro Advisors?
Macro Advisors’ main office is at 526 Greenbriar Road, York, PA 17404. Its phone number is 717-764-4566. Its website is macroadv.com.