Powers Advisory Group

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. While the firm does not publicly disclose sector concentrates, website commentary on market concentration risks and long-term volatility suggests an allocation-aware, diversified approach centered on public equities and fixed-income markets. 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. This lack of public scale metrics constrains peer benchmarking, but the advisory's national scope and multi-year Forbes recognition signal a book of business large enough to clear industry thresholds for the ranking. 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. The absence of disclosed alternative investment platforms, proprietary funds, or institutional consulting arms further suggests the firm remains focused on direct-relationship wealth management rather than scaling through institutional asset aggregation.