{"url":"https://nivawealth.com/firms/members-capital-advisors-105960","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/105960","regulatoryAum":39459580809,"crd":"105960","secFileNumber":"801-18140","legalName":"Members Capital Advisors, Inc.","displayName":"Members Capital Advisors","website":null,"founded":null,"organization":"Iowa corporation","fiscalYearEnd":"December","headquarters":{"street":"5910 Mineral Point RD","city":"Madison","state":"WI","stateName":"Wisconsin","country":"United States","postalCode":"53705"},"tradeNames":["Trustage Investment Management"],"registration":{"secApproved":"4 January 1983","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":62,"advisory":41,"brokerDealerReps":1,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":36554531626,"discretionaryAccounts":243,"nonDiscretionary":2905049183,"nonDiscretionaryAccounts":106,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":106},"clientTypes":[{"label":"Pension and profit-sharing plans","clients":331,"regulatoryAum":6476322860},{"label":"Insurance companies","clients":8,"regulatoryAum":29894425874},{"label":"Corporations and other businesses","clients":10,"regulatoryAum":3088832075}],"fees":[],"feeNotes":[],"custodians":[{"name":"State Street Bank and Trust Company","shortName":"State Street Bank and Trust","location":"Kansas City, MO","smaAssets":26260973641}],"custodyNote":"Members Capital Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Eric M Boyd","title":"Vice President, Officer and Managing Director - Investments","crd":""},{"name":"Amy Cameron","title":"President, Executive Vice President and Chief Investment Officer","crd":"6043529"},{"name":"Allen Cantrell","title":"Vice President, Officer, Managing Director - Investments","crd":"4353516"},{"name":"Kevin Coombe","title":"Vice President, Officer and Managing Director - Investments","crd":"7445747"},{"name":"Anne Finucane","title":"Senior Vice President, Deputy Chief Investment Officer - Investments","crd":"1920758"},{"name":"Thomas Jensen","title":"Vice President, Officer, Managing Director - Investments","crd":"6043542"},{"name":"Jason Micks","title":"Vice President, Officer and Managing Director - Investment Research","crd":"4149711"},{"name":"Barth Thomas","title":"Secretary, Vice President, Director and Officer","crd":"2849100"},{"name":"Stan J Van Aartsen","title":"Vice President, Officer and Managing Director - Investments","crd":""},{"name":"Benjamin Wydick","title":"Senior Vice President, Director, Officer and Chief Risk Executive","crd":"6770237"},{"name":"Melissa Haberstich","title":"Chief Compliance Officer","crd":"4190838"},{"name":"Brian Borakove","title":"Treasurer and Officer","crd":"6147438"}],"ownership":[{"label":"Cuna Mutual Investment Corporation","detail":"100% owner in the 75% or more ownership band and a control person, since June 2008."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"officesByState":[{"state":"Wisconsin","offices":2,"addresses":[{"street":"5910 Mineral Point RD","city":"Madison","headquarters":true},{"street":"5910 Mineral Point Road","city":"Madison"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"608-238-5851","stateRegisteredReps":1,"otherAdviserReps":1,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Other"],"activities":["Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"0","assetMix":[{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":2},{"label":"Investment grade corporate bonds","percent":40},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":23},{"label":"Other","percent":32,"detail":"Structured Securities, Commercial Mortgage Loans, and Real Estate."}],"privateFunds":6},"sources":{"adv1FilingDate":"9 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/105960/PDF/105960.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Members Capital Advisors have?","answer":"Members Capital Advisors has 349 clients and manages $39.5 billion for them, as of September 2026. They include 331 pension and profit-sharing plans, 10 corporations and other businesses and 8 insurance companies.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 9 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Members Capital Advisors offer?","answer":"Members Capital Advisors provides portfolio management for institutions, pension consulting and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Members Capital Advisors use?","answer":"Members Capital Advisors’ separately managed account assets are held at State Street Bank and Trust Company (Kansas City, MO), with $26,260,973,641. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 9 September 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Members Capital Advisors have?","answer":"Members Capital Advisors has 1 investment adviser representatives registered with state securities authorities, out of 62 employees, and 41 perform investment advisory functions. 1 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Members Capital Advisors invest in?","answer":"At the end of its last fiscal year, Members Capital Advisors’ separately managed accounts held 40% investment grade corporate bonds, 32% structured securities, commercial mortgage loans, and real estate., 23% pooled vehicles (private funds and similar), 2% state and local bonds, 1% U.S. government and agency bonds and 1% high-yield corporate bonds. It advises 6 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Members Capital Advisors?","answer":"Members Capital Advisors’ direct owner is Cuna Mutual Investment Corporation (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 9 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Members Capital Advisors get paid?","answer":"Members Capital Advisors is paid through a percentage of assets under management, fixed fees and other arrangements. 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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/members-capital-advisors-105960/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-04","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1025421/000175392626001311/0001753926-26-001311-index.html","totalValue":116420478,"positionCount":7,"top10Share":1,"top10":[{"issuer":"JPMORGAN ULTRA SHORT INCOME","titleOfClass":"JPST","cusip":"46641Q837","value":45513000,"shares":900000,"shareType":"SH"},{"issuer":"ISHARES 1 5Y INV GRADE CORP","titleOfClass":"IGSB","cusip":"464288646","value":26205000,"shares":500000,"shareType":"SH"},{"issuer":"JANUS HENDERSON AAA CLO ETF","titleOfClass":"JAAA","cusip":"47103U845","value":25155936,"shares":498236,"shareType":"SH"},{"issuer":"ISHARES ESG AWARE MSCI USA","titleOfClass":"ESGU","cusip":"46435G425","value":7260074,"shares":44358,"shareType":"SH"},{"issuer":"ISHARES CORE HIGH DIVIDEND E","titleOfClass":"HDV","cusip":"46429B663","value":6816182,"shares":248675,"shareType":"SH"},{"issuer":"ISHR IBX USD HIYLD CB ETF UI","titleOfClass":"HYG","cusip":"464288513","value":4158440,"shares":52000,"shareType":"SH"},{"issuer":"ISHARES CORE MSCI EAFE ETF","titleOfClass":"IEFA","cusip":"46432F842","value":1311846,"shares":13583,"shareType":"SH"}],"positionsListed":7,"positions":[{"issuer":"JPMORGAN ULTRA SHORT INCOME","titleOfClass":"JPST","cusip":"46641Q837","value":45513000,"shares":900000,"shareType":"SH"},{"issuer":"ISHARES 1 5Y INV GRADE CORP","titleOfClass":"IGSB","cusip":"464288646","value":26205000,"shares":500000,"shareType":"SH"},{"issuer":"JANUS HENDERSON AAA CLO ETF","titleOfClass":"JAAA","cusip":"47103U845","value":25155936,"shares":498236,"shareType":"SH"},{"issuer":"ISHARES ESG AWARE MSCI USA","titleOfClass":"ESGU","cusip":"46435G425","value":7260074,"shares":44358,"shareType":"SH"},{"issuer":"ISHARES CORE HIGH DIVIDEND E","titleOfClass":"HDV","cusip":"46429B663","value":6816182,"shares":248675,"shareType":"SH"},{"issuer":"ISHR IBX USD HIYLD CB ETF UI","titleOfClass":"HYG","cusip":"464288513","value":4158440,"shares":52000,"shareType":"SH"},{"issuer":"ISHARES CORE MSCI EAFE ETF","titleOfClass":"IEFA","cusip":"46432F842","value":1311846,"shares":13583,"shareType":"SH"}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}