Calder Financial Group
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$177,400,000
Clients
511
Advisors
5
across 2 offices
About
Calder Financial Group provides discretionary investment supervisory services and comprehensive financial planning to a mix of individual clients (including high‑net‑worth households) and institutional sponsors such as 401(k), 403(b), and defined‑benefit plans. As of December 31, 2025 the firm reported approximately $297 million in discretionary assets under management across roughly 511 client relationships and also offers consulting on private placements and periodic sub‑advisory arrangements.
The firm’s investment approach centers on establishing target asset allocations, periodically and tactically rebalancing those allocations, and using active manager selections within five model portfolios that range from conservative to equity growth; an investment committee meets regularly to review holdings and performance. Calder operates as a 3(38) fiduciary for clients and provides implementation and ongoing portfolio management on a discretionary basis, emphasizing allocation, risk control, and tax efficiency.
What distinguishes Calder from many peers is its affiliated consulting business that provides employee‑benefit consulting and third‑party administration (TPA) services for retirement plans, a relationship that generates separate fees and that the firm discloses and seeks to mitigate for conflicts of interest. The firm’s leadership also brings accounting and actuarial credentials (including CPA/EA/FSA designations) and discloses partner involvement as general partners in external real‑estate investments that may include client participation, with policies in place to address those conflicts.
Client services
Expertise
Occupation focus
Fee options
Flat fee for consulting services on private placement investments, charged case-by-case
$0 - $1,000,000: 1.00% annually $1,000,000 - $2,000,000: 0.60% annually $2,000,000+: 0.40% annually
$250/hour for financial planning and specific advice
Minimum fee: Minimum quarterly fee of $50, negotiable Fee-only: Financial planning and specific advice billed at $250/hour
Main office
See office7504 Thornapple River Dr. SE
Ada MI 49301
Advisors at this office
4
Offices (2)
Most active in
Florida · Illinois · Michigan · Minnesota · Wisconsin
Also doing business as
Calder Consulting Group · Calder Financial Group · Calder Investment Advisors · Tuinstra Tax Planning
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
Advisors at this firm
Timothy T
Series 66
Winona, MN
Calder Financial Group
Timothy Tuinstra is a financial advisor at Calder Financial Group with five years of industry experience. He holds a Series 66 designation and previously worked at Securities America Advisors and Securities America, Inc. Outside of advising, he provides tax planning and tax return preparation as an IRS Enrolled Agent and also assists his son with a residential and small commercial painting business. Calder Financial Group advises individual and institutional clients, including retirement plans, foundations, and endowments, offering discretionary investment management and comprehensive financial planning. The firm uses a model portfolio approach with tactical rebalancing and provides pension consulting and third-party administration services.
Kelly E
Series 65
Ada, MI
Calder Financial Group
Kelly Eggleston is a financial advisor at Calder Financial Group with five years of industry experience. She holds a Series 65 designation and has been with Calder Investment Advisors since 2016. Prior to that, she worked at Grand Management Group from 2005 to 2016. Calder Financial Group advises individual and institutional clients, including retirement plans, foundations, and endowments, providing discretionary investment management and comprehensive financial planning. The firm employs a structured investment approach using managed model portfolios and offers pension consulting and third-party administration services through affiliated businesses.
George R
Series 63, Series 65
Ada, MI
Calder Financial Group
George Racette is a financial advisor with Calder Financial Group in Ada, MI, holding Series 63 and Series 65 licenses and 15 years of industry experience. He has been with Calder Investment Advisors since 2007. Calder Financial Group advises individual and institutional clients, including retirement plans, foundations, and endowments, providing discretionary investment management and comprehensive financial planning. The firm employs managed model portfolios with tactical rebalancing and offers pension consulting and third-party administration services through an affiliated business.
Daren S
CFA®, Series 66
Ada, MI
Calder Financial Group
Daren Shavell is a CFA® charterholder with a Series 66 license and 19 years of experience in the financial industry. He previously worked at Centennial Securities Company from 2014 to 2019 and The Enterprise Investment Company from 2010 to 2014. Shavell is based in Ada, MI, and is part of the five-advisor team at Calder Financial Group. Calder Financial Group provides discretionary investment supervisory services and comprehensive financial planning to individual clients, including high-net-worth households, as well as institutional sponsors such as 401(k), 403(b), and defined-benefit plans. The firm’s approach emphasizes target asset allocations with periodic tactical rebalancing and active manager selections across five model portfolios, operating as a 3(38) fiduciary and offering additional employee-benefit consulting and third-party administration services.
Patrick N
CFP®, Series 63, Series 65
Ada, MI
Calder Financial Group
Patrick Newcombe is a CFP® with 19 years of experience in the financial industry. He is part of the Calder Financial Group team based in Ada, MI, which includes five advisors. Calder Financial Group advises individual and institutional clients, including retirement plans, foundations, and endowments, providing discretionary investment management and comprehensive financial planning. The firm offers fiduciary services as a 3(38) investment manager and utilizes model portfolios with tactical rebalancing, supported by regular investment committee oversight and detailed account monitoring.
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