Vantage Financial Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting. Financial planning was provided to 1–10 clients last fiscal year.
Vantage Financial Group reports 2,521 clients. They include 1,664 individual clients, 818 high-net-worth individuals, and 20 corporations and other businesses. Of its assets, 82.3% ($713M across 2,090 accounts) are managed with discretion; $153M across 431 accounts are not. It advised 110 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 66% | 36% |
| High-net-worth individuals | 32% | 59% |
| Pension and profit-sharing plans | <1% | 1% |
| Charitable organizations | <1% | 2% |
| Corporations and other businesses | <1% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,664 | $311M | 35.9% | $187K |
| High-net-worth individuals | 818 | $508M | 58.6% | $621K |
| Pension and profit-sharing plans | Fewer than 5 | $9.6M | 1.1% | $2.4M |
| Charitable organizations | 15 | $16.4M | 1.9% | $1.09M |
| Corporations and other businesses | 20 | $22M | 2.5% | $1.1M |
| Total | 2,521 | $867M | 100% | — |
- Clients
- 1,664
- Regulatory AUM
- $311M
- AUM share
- 35.9%
- Avg. per client
- $187K
- Clients
- 818
- Regulatory AUM
- $508M
- AUM share
- 58.6%
- Avg. per client
- $621K
- Clients
- Fewer than 5
- Regulatory AUM
- $9.6M
- AUM share
- 1.1%
- Avg. per client
- $2.4M
- Clients
- 15
- Regulatory AUM
- $16.4M
- AUM share
- 1.9%
- Avg. per client
- $1.09M
- Clients
- 20
- Regulatory AUM
- $22M
- AUM share
- 2.5%
- Avg. per client
- $1.1M
Total
- Clients
- 2,521
- Regulatory AUM
- $867M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 110
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Vantage Financial Group charges 1.00%–2.25% for its Portfolio management services. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is billed in advance or in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
| Asset band | Rate (period not stated) |
|---|---|
| $0–$100K | 2.25% |
| $100K–$250K | 2.00% |
| $250K–$500K | 1.50% |
| $500K–$1M | 1.00% |
| $1M and above | 1.00% |
Fee details and sources
Other fees
- Financial consulting
- Scheduled fixed-basis consulting is up to $10,000 per quarter; hourly work is $500 an hour.
- Financial planning
- Comprehensive financial plans are up to $10,000 and modular plans up to $5,000; hourly work is $500 an hour.
William McCormick owns 50% to 75% of Vantage Financial Group. William McCormick is CEO; the leadership team includes President Michael Bearducci, Chief Operating Officer Joseph Kean and Chief Compliance Officer Jennifer Soltis. It has 60 employees, 22 of them in advisory roles.
Leadership
William McCormickPresident/Chief Executive Officer
Michael BearducciExecutive Vice President/Secretary- Joseph KeanChief Operating Officer
- Jennifer SoltisChief Compliance Officer
- Suzanne AerniOwner
- Michelle BearducciOwner
Michael ClearyOwner
George SmithOwner
Investment adviser representatives
22 representatives listed in the SEC register as of 9 October 2026.
Staff
- 60 employees
- 22 in advisory functions
- 22 state-registered reps
- 34 broker-dealer reps
- 39 insurance agents
- 1 soliciting firm
- Owns 50% to 75% of Vantage Financial Group, Inc.
William McCormick
Control person · since January 1987
- Owns 5% to 10% of Vantage Financial Group, Inc.
Suzanne Aerni
since January 2007
- Owns 5% to 10% of Vantage Financial Group, Inc.
Michelle Bearducci
since January 1994
- Owns 5% to 10% of Vantage Financial Group, Inc.
Michael Bearducci
Control person · since December 2011
- Owns 5% to 10% of Vantage Financial Group, Inc.
Michael Cleary
since June 2016
- Owns 5% to 10% of Vantage Financial Group, Inc.
George Smith
since June 2016
Vantage Financial Group’s regulatory assets grew from $646M (March 2021) to $867M (March 2026); clients rose from 2,354 to 2,521 and employees fell from 65 to 60.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $867M | 2,521 | 60 | 7 |
| March 2025 | $794M | 2,546 | 61 | 6 |
| July 2024 | $720M | 2,461 | 63 | 6 |
| May 2023 | $630M | 2,408 | 59 | 6 |
| April 2022 | $773M | 2,642 | 57 | 9 |
| March 2021 | $646M | 2,354 | 65 | 10 |
Besides its headquarters, Vantage Financial Group has 6 offices, with 7 listed addresses in Connecticut, Ohio and Pennsylvania.
Ohio · 4 listed addresses
- 6200 Rockside Road, ClevelandHQ
- 5800 Monroe St Building A, Sylvania
- 115 W Aurora Road, Northfield
- 6200 Som Center RD, Solon
Pennsylvania · 2 listed addresses
- 681 Andersen Drive, Pittsburgh
- 210 E Broad Street, Bethlehem
Connecticut · 1 listed address
- 1266 East Main Street, Stamford
Contact and registration details
- Legal name
- Vantage Financial Group, Inc.
- Headquarters
- 6200 Rockside Road, Cleveland, OH 44131
- Website
- Not reported
- Phone
- 216-642-7878
- @126635
- SEC file
- 801-33485
- Structure
- Ohio corporation
- Fiscal year end
- December
Vantage Financial Group uses Pershing ($867M) as custodian for its separately managed accounts. Vantage Financial Group does not have custody of client assets.
- PershingPershing LLC · Jersey City, NJ · $867M100%
At year end, Vantage Financial Group’s separately managed accounts were mostly in funds (83%) and stocks (10%).
What the accounts hold
- Stocks10%
- Funds83%
- Bonds4%
- Investment grade corporate bonds3%
- U.S. government and agency bonds1%
- Cash3%
How many clients does Vantage Financial Group have?
Vantage Financial Group has 2,521 clients and manages $867 million for them, as of March 2026. They include 1,664 individual clients, 818 high-net-worth individuals, and 20 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Vantage Financial Group offer?
Vantage Financial Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Vantage Financial Group charge?
Vantage Financial Group charges 1.00%–2.25% for its Portfolio management services. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is billed in advance or in arrears and is negotiable.
Source: VANTAGE FINANCIAL GROUP, INC. ADV BROCHURE, filed 30 March 2026
Which custodians does Vantage Financial Group use?
Vantage Financial Group’s separately managed account assets are held at Pershing LLC (Jersey City, NJ), with $867M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Vantage Financial Group have?
Vantage Financial Group has 22 investment adviser representatives registered with state securities authorities, out of 60 employees, and 22 perform investment advisory functions. 34 employees are registered representatives of a broker-dealer and 39 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 Vantage Financial Group invest in?
At the end of its last fiscal year, Vantage Financial Group’s separately managed accounts held 83% registered funds (mutual funds, ETFs, BDCs), 10% exchange-traded equities, 3% investment grade corporate bonds, 3% cash and equivalents and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Vantage Financial Group?
Vantage Financial Group’s direct owners are William McCormick (50% to 75%), Suzanne Aerni (5% to 10%), Michelle Bearducci (5% to 10%), Michael Bearducci (5% to 10%), Michael Cleary (5% to 10%) and George Smith (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Vantage Financial Group get paid?
Vantage Financial Group is paid through a percentage of assets under management, hourly charges, fixed fees and commissions. Its Form ADV lists no 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 Vantage Financial Group?
Vantage Financial Group’s main office is at 6200 Rockside Road, Cleveland, OH 44131. Its phone number is 216-642-7878.