Powers Investment Advisory Corporation

Powers Investment Advisory Corporation is a small, co‑owned advisory firm serving individual and high‑net‑worth clients with discretionary asset management and ongoing portfolio monitoring. The firm manages approximately $127 million across a limited client base and documents client goals to create tailored investment programs while allowing client‑imposed restrictions.

PIAC’s investment process relies on fundamental analysis and multiple third‑party research sources to construct portfolios that commonly include mutual funds, ETFs, individual equities, fixed income, REITs and brokered CDs, with an emphasis on income generation consistent with client demographics. Advisors operate with discretionary trading authority, use written client profiles and investment policy documentation, and conduct account reviews on a tiered schedule tied to account size to monitor suitability and tax‑loss harvesting opportunities.

Notable operational features include principals’ outside business activities — one principal operates as a registered representative of a broker‑dealer and an insurance agent and receives external compensation and transition assistance, while the other provides tax‑preparation services — all disclosed as potential conflicts of interest and managed through policies and disclosures. The firm also assesses a modest administrative fee that is waived for larger accounts, is deemed to have limited custody due to fee debiting and third‑party standing letters of authorization, and generally leaves proxy voting to clients rather than voting on their behalf.