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Powers Advisory Group
Powers Advisory Group was founded in 2014 by Matt Powers in Highland, Illinois, an inland small-city base from which the firm serves clients across the United...
Powers Advisory Group
Powers Advisory Group was founded in 2014 by Matt Powers in Highland, Illinois, an inland small-city base from which the firm serves clients across the United States. The firm operates as an independent Registered Investment Advisor, meaning it is legally and ethically bound to a fiduciary standard — recommendations must be in the client's best interest, not influenced by commissions or product fees. This structural choice differentiates it from broker-dealer models that can create conflicts of interest in fee generation. The firm's core services span investment management, financial planning, and retirement planning for businesses and individuals. Powers Advisory Group emphasizes personalized portfolio construction and ongoing strategy maintenance rather than transactional product placement. The firm's national reach, combined with a single-office footprint in Illinois, points to a digital-service delivery model for clients outside its immediate geography. Matt Powers was named to the Forbes Best-In-State Wealth Advisors list for Illinois in 2026, a SHOOK Research ranking that evaluates advisors on qualitative and quantitative criteria including client retention and asset growth. The firm's website cites over 100 years of combined professional experience among its team, though specific headcount and total assets under management are not publicly disclosed. Powers Advisory Group's fiduciary-only structure is its most pronounced differentiator. As an independent RIA, the firm is not tethered to a parent bank, insurance company, or broker-dealer network, which allows it to avoid the product-pushing incentives that can arise in those environments.
General information
Firm type
Bank / Wealth / Trust
Year founded
2014
Location
Region
North America
Country
United States
City
Highland
Corporate office
2603 Plaza Drive, Highland, IL 62249, United States
Principals
Matt Powers
Wealth Advisor
Frequently asked questions
Is Powers Advisory Group a fiduciary, and what does that mean for a client?
Yes, the firm is a Registered Investment Advisor, which legally obligates it to act as a fiduciary. This means every recommendation must be in the client's best interest, free from the commission-driven conflicts that can arise at broker-dealers. The firm highlights this as central to its identity.
Who makes the investment decisions at Powers Advisory Group?
The firm publicly names Matt Powers as its lead advisor. He was recognized on the Forbes Best-In-State Wealth Advisors list for Illinois in 2026, a ranking that evaluates professionals based on criteria including client outcomes and practice growth. The firm does not list additional named investment-committee members publicly.
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