Gasaway Investment Advisors

Gasaway Investment Advisors

Founded in 1990 by Stephen Gasaway, Gasaway Investment Advisors established its base in Kalamazoo, Michigan, and registered with the SEC as a fee-only investment advisor. The firm manages discretionary portfolios for high-net-worth individuals, trusts, estates, and corporations. Unlike multi-family offices that aggregate multiple family fortunes, Gasaway operates as a traditional RIA — a boutique advisory built on long-tenured client relationships rather than institutional scale or product manufacturing. Gasaway's strategy centers on direct portfolio management. The firm constructs and manages equity and fixed-income allocations on behalf of its clients, typically executing through separately managed accounts. While the firm does not publicly disclose its full asset-class mix or specific portfolio holdings, its regulatory filings historically indicate a focus on publicly traded securities — individual equities and bonds — rather than private-market commitments like venture capital or buyout funds. Geographic concentration tilts toward the domestic US market, consistent with a Midwestern advisory serving a regional client base. The firm's scale is small and deliberately so. Headcount has historically ranged below ten professionals, with Stephen Gasaway listed as a key control person in regulatory records. Gasaway does not operate affiliated private funds, philanthropic foundations, or co-investment platforms, nor does it appear in databases tracking family-office club memberships like Tiger 21 or R360. The firm's registration with state and federal authorities as an RIA, rather than as a multi-family office, defines its regulatory posture and limits what it can offer outside traditional advisory services. Gasaway's structural differentiator is its longevity at a fixed point on the advisory spectrum — a single-location, founder-led RIA that has not evolved into a multi-office platform, an asset gatherer, or an outsourced CIO provider. The firm has not pursued venture-style exposure, manager-of-managers architecture, or real-asset strategies. Succession planning and whether a next-generation advisor is positioned to assume the client relationships remain the key open questions for the firm's institutional posture, given its dependence on a single named principal now more than three decades into his career.