CWS Financial Advisors, LLC

KALAMAZOO, MI · CIK 1802459 · 13F filing filed 2023-05-09

SEC-registered investment adviser since 2018 · limited liability company

Assets managed$1.3bn
Staff12 · 5 in investment roles
Main clients (by assets)High net worth individuals 86%, Individuals 13%, Charities 1%
Form ADV · 2026-07-24SEC adviser record

Kindwealth
Others nearbyKalamazoo, MI, Alamo, CA

As an employer

Offices in1 country

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
Kalamazoo, MI (main office)United States	United States	about 3
Alamo, CAUnited States	United States	2

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$251.4m reported value +8.4% vs Q4 2022

142positions

61.7%in top 10

22 new 55 added 61 reduced 21 sold out vs Q4 2022

Also in the report of:

Advisor OS, LLC – $1.7m of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q1 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	STRYKER CORPORATION COM SYK	SYK	286,698	$81.8m32.56%	32.56%	Reduced -8.3k	-8,306 -2.8%
2	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	33,750	$12.7m5.05%	5.05%	Added +6.7k	+6,730 24.9%
3	VANGUARD INDEX FDS EXTEND MKT ETF VXF	VXF	83,799	$11.7m4.67%	4.67%	Reduced -128.8k	-128,830 -60.6%
4	ISHARES TR CORE S&P SCP ETF IJR	IJR	112,720	$10.9m4.34%	4.34%	Added +102.7k	+102,681 1022.8%
5	APPLE INC COM AAPL	AAPL	61,658	$10.2m4.05%	4.05%	Reduced -79	-79 -0.1%
6	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	143,582	$7.9m3.15%	3.15%	Added +21.0k	+20,976 17.1%
7	MICROSOFT CORP COM MSFT	MSFT	21,761	$6.3m2.50%	2.50%	Reduced -1.6k	-1,625 -7.0%
8	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	33,290	$5.1m2.04%	2.04%	Added +23.9k	+23,942 256.1%
9	VANGUARD INDEX FDS VALUE ETF VTV	VTV	33,219	$4.6m1.83%	1.83%	Added +24.1k	+24,103 264.4%
10	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	15,127	$3.8m1.50%	1.50%	Added +7.8k	+7,848 107.8%
11	PEPSICO INC COM PEP	PEP	19,106	$3.5m1.39%	1.39%	Added +191	+191 1.0%
12	VANGUARD BD INDEX FDS VANGUARD ULTRA VUSB	VUSB	62,291	$3.1m1.22%	1.22%	New
13	EXXON MOBIL CORP COM XOM	XOM	24,612	$2.7m1.07%	1.07%	Reduced -6.0k	-5,982 -19.6%
14	HOME DEPOT INC COM HD	HD	7,934	$2.3m0.93%	0.93%	Added +2.8k	+2,835 55.6%
15	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	11,363	$2.3m0.92%	0.92%	Reduced -69	-69 -0.6%
16	MCDONALDS CORP COM MCD	MCD	8,135	$2.3m0.90%	0.90%	Reduced -3.5k	-3,479 -30.0%
17	ISHARES TR CORE S&P500 ETF IVV	IVV	5,298	$2.2m0.87%	0.87%	Added +2.4k	+2,440 85.4%
18	ISHARES TR CORE MSCI EAFE IEFA	IEFA	32,205	$2.2m0.86%	0.86%	Added +3.8k	+3,789 13.3%
19	PROCTER AND GAMBLE CO COM PG	PG	14,251	$2.1m0.84%	0.84%	Reduced -702	-702 -4.7%
20	CHEVRON CORP NEW COM CVX	CVX	12,720	$2.1m0.83%	0.83%	Reduced -4.6k	-4,555 -26.4%
21	VANGUARD INDEX FDS SMALL CP ETF VB	VB	10,388	$2.0m0.78%	0.78%	Added +6.3k	+6,281 152.9%
22	SOUTHERN CO COM SO	SO	22,335	$1.6m0.62%	0.62%	Reduced -477	-477 -2.1%
23	LOCKHEED MARTIN CORP COM LMT	LMT	3,186	$1.5m0.60%	0.60%	Reduced -141	-141 -4.2%
24	PFIZER INC COM PFE	PFE	35,683	$1.5m0.58%	0.58%	Reduced -9.7k	-9,673 -21.3%
25	CAPITAL GROUP GROWTH ETF SHS CREATION UNI CGGR	CGGR	63,984	$1.4m0.57%	0.57%	New
26	LINDE PLC SHS LIN	LIN	3,629	$1.3m0.51%	0.51%	New
27	SCHWAB STRATEGIC TR US TIPS ETF SCHP	SCHP	23,088	$1.2m0.49%	0.49%	New
28	PROGRESSIVE CORP COM PGR	PGR	8,382	$1.2m0.48%	0.48%	Reduced -827	-827 -9.0%
29	PAYCHEX INC COM PAYX	PAYX	9,859	$1.1m0.45%	0.45%	Reduced -2.0k	-2,040 -17.1%
30	ANALOG DEVICES INC COM ADI	ADI	5,614	$1.1m0.44%	0.44%	Reduced -251	-251 -4.3%
31	JOHNSON & JOHNSON COM JNJ	JNJ	7,017	$1.1m0.43%	0.43%	Reduced -406	-406 -5.5%
32	CISCO SYS INC COM CSCO	CSCO	20,785	$1.1m0.43%	0.43%	Added +348	+348 1.7%
33	FASTENAL CO COM FAST	FAST	19,757	$1.1m0.42%	0.42%	Reduced -1.9k	-1,892 -8.7%
34	ISHARES TR CORE S&P MCP ETF IJH	IJH	4,235	$1.1m0.42%	0.42%	Added +1.2k	+1,188 39.0%
35	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	7,805	$1.0m0.41%	0.41%	Reduced -1.2k	-1,227 -13.6%
36	PHILIP MORRIS INTL INC COM PM	PM	10,131	$985.3k0.39%	0.39%	Reduced -735	-735 -6.8%
37	SNAP ON INC COM SNA	SNA	3,962	$978.2k0.39%	0.39%	Reduced -568	-568 -12.5%
38	MASTERCARD INCORPORATED CL A MA	MA	2,587	$940.1k0.37%	0.37%	Added +227	+227 9.6%
39	ABBVIE INC COM ABBV	ABBV	5,877	$936.6k0.37%	0.37%	Added +420	+420 7.7%
40	VANGUARD WHITEHALL FDS INTL DVD ETF VIGI	VIGI	12,416	$914.8k0.36%	0.36%	New
41	POLARIS INC COM PII	PII	8,025	$887.8k0.35%	0.35%	Reduced -492	-492 -5.8%
42	STARBUCKS CORP COM SBUX	SBUX	8,445	$879.3k0.35%	0.35%	Reduced -447	-447 -5.0%
43	GRACO INC COM GGG	GGG	11,892	$868.2k0.35%	0.35%	Reduced -2.0k	-2,008 -14.4%
44	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	2,797	$863.6k0.34%	0.34%	Added +5	+5 0.2%
45	COLGATE PALMOLIVE CO COM CL	CL	11,289	$848.4k0.34%	0.34%	Reduced -353	-353 -3.0%
46	JPMORGAN CHASE & CO COM JPM	JPM	6,472	$843.3k0.34%	0.34%	Added +341	+341 5.6%
47	CHUBB LIMITED COM CB	CB	4,281	$831.3k0.33%	0.33%	Reduced -468	-468 -9.8%
48	DIAGEO PLC SPON ADR NEW DEO	DEO	4,584	$830.5k0.33%	0.33%	Reduced -605	-605 -11.7%
49	AMAZON COM INC COM AMZN	AMZN	8,024	$828.8k0.33%	0.33%	Added +7.7k	+7,724 2574.7%
50	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	11,282	$825.4k0.33%	0.33%	New
51	ILLINOIS TOOL WKS INC COM ITW	ITW	3,313	$806.5k0.32%	0.32%	Reduced -1	-1 -0.0%
52	BROADRIDGE FINL SOLUTIONS IN COM BR	BR	5,378	$788.3k0.31%	0.31%	Reduced -481	-481 -8.2%
53	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	11,346	$786.4k0.31%	0.31%	Added +794	+794 7.5%
54	CONOCOPHILLIPS COM COP	COP	7,895	$783.2k0.31%	0.31%	Reduced -367	-367 -4.4%
55	NEXTERA ENERGY INC COM NEE	NEE	9,962	$767.8k0.31%	0.31%	Reduced -2.4k	-2,355 -19.1%
56	ALTRIA GROUP INC COM MO	MO	17,033	$760.0k0.30%	0.30%	Reduced -2.0k	-2,005 -10.5%
57	DOW INC COM DOW	DOW	13,382	$733.6k0.29%	0.29%	Added +2.0k	+1,951 17.1%
58	ELI LILLY & CO COM LLY	LLY	2,076	$712.9k0.28%	0.28%	Added +388	+388 23.0%
59	PRICE T ROWE GROUP INC COM TROW	TROW	6,166	$696.1k0.28%	0.28%	Added +4.6k	+4,556 283.0%
60	COCA COLA CO COM KO	KO	11,067	$686.5k0.27%	0.27%	Added +641	+641 6.2%
61	ZOETIS INC CL A ZTS	ZTS	4,102	$682.7k0.27%	0.27%	Reduced -4	-4 -0.1%
62	ABBOTT LABS COM ABT	ABT	6,707	$679.2k0.27%	0.27%	Reduced -674	-674 -9.1%
63	VERIZON COMMUNICATIONS INC COM VZ	VZ	17,193	$668.6k0.27%	0.27%	Added +277	+277 1.6%
64	NORTHERN TR CORP COM NTRS	NTRS	7,341	$647.0k0.26%	0.26%	Reduced -626	-626 -7.9%
65	GILEAD SCIENCES INC COM GILD	GILD	7,673	$636.7k0.25%	0.25%	Added +197	+197 2.6%
66	RTX CORPORATION COM RTX	RTX	6,338	$620.7k0.25%	0.25%	Added +307	+307 5.1%
67	WEYERHAEUSER CO MTN BE COM NEW WY	WY	20,441	$615.9k0.25%	0.25%	Reduced -1.4k	-1,437 -6.6%
68	BROOKFIELD INFRASTRUCTURE CO COM SB VTG SHS A COM SB VTG SHS A		12,955	$596.7k0.24%	0.24%	Added +7.8k	+7,824 152.5%
69	AT&T INC COM T	T	30,691	$590.8k0.24%	0.24%	Added +1.7k	+1,685 5.8%
70	MARATHON PETE CORP COM MPC	MPC	4,346	$586.0k0.23%	0.23%	Reduced -124	-124 -2.8%
71	ORACLE CORP COM ORCL	ORCL	6,251	$580.9k0.23%	0.23%	Added +568	+568 10.0%
72	ENTERGY CORP NEW COM ETR	ETR	5,371	$578.7k0.23%	0.23%	Reduced -439	-439 -7.6%
73	ISHARES INC CORE MSCI EMKT IEMG	IEMG	11,325	$552.5k0.22%	0.22%	Reduced -2.3k	-2,262 -16.6%
74	COSTCO WHSL CORP NEW COM COST	COST	1,075	$533.9k0.21%	0.21%	Added +216	+216 25.1%
75	BOEING CO COM BA	BA	2,513	$533.8k0.21%	0.21%	Added +552	+552 28.1%
76	EDWARDS LIFESCIENCES CORP COM EW	EW	6,414	$530.6k0.21%	0.21%	Added +84	+84 1.3%
77	GENERAL DYNAMICS CORP COM GD	GD	2,308	$526.7k0.21%	0.21%	Added +42	+42 1.9%
78	RAYONIER INC COM RYN	RYN	15,778	$524.8k0.21%	0.21%	Reduced -1.4k	-1,399 -8.1%
79	BECTON DICKINSON & CO COM BDX	BDX	2,041	$505.3k0.20%	0.20%	Added +140	+140 7.4%
80	DUKE ENERGY CORP NEW COM NEW DUK	DUK	5,232	$504.7k0.20%	0.20%	Added +528	+528 11.2%
81	MERCK & CO INC COM MRK	MRK	4,646	$494.3k0.20%	0.20%	New
82	TJX COS INC NEW COM TJX	TJX	6,239	$488.9k0.19%	0.19%	Reduced -26	-26 -0.4%
83	KINDER MORGAN INC DEL COM KMI	KMI	27,501	$481.5k0.19%	0.19%	Added +918	+918 3.5%
84	VANGUARD ADMIRAL FDS INC 500 GRTH IDX F VOOG	VOOG	2,081	$479.6k0.19%	0.19%	New
85	ALPHABET INC CAP STK CL C GOOG	GOOG	4,603	$478.7k0.19%	0.19%	Added +4.4k	+4,446 2831.8%
86	S&P GLOBAL INC COM SPGI	SPGI	1,354	$466.8k0.19%	0.19%	New
87	DIGITAL RLTY TR INC COM DLR	DLR	4,612	$453.4k0.18%	0.18%	Reduced -505	-505 -9.9%
88	CIVISTA BANCSHARES INC COM NO PAR CIVB	CIVB	26,716	$451.0k0.18%	0.18%	Unchanged
89	VANGUARD SCOTTSDALE FDS SHORT TERM TREAS VGSH	VGSH	7,694	$450.4k0.18%	0.18%	New
90	FIDELITY NATIONAL FINANCIAL FNF GROUP COM FNF	FNF	12,868	$449.5k0.18%	0.18%	Reduced -1.4k	-1,370 -9.6%
91	DISNEY WALT CO COM DIS	DIS	4,486	$449.2k0.18%	0.18%	Reduced -873	-873 -16.3%
92	ISHARES TR S&P 500 GRWT ETF IVW	IVW	7,017	$448.3k0.18%	0.18%	Added +845	+845 13.7%
93	ALPHABET INC CAP STK CL A GOOGL	GOOGL	4,317	$447.8k0.18%	0.18%	Added +4.1k	+4,057 1560.4%
94	ISHARES TR MSCI USA ESG SLC SUSA	SUSA	5,056	$443.8k0.18%	0.18%	Added +163	+163 3.3%
95	NXP SEMICONDUCTORS N V COM NXPI	NXPI	2,350	$438.2k0.17%	0.17%	Reduced -188	-188 -7.4%
96	AIR PRODS & CHEMS INC COM APD	APD	1,475	$423.6k0.17%	0.17%	Reduced -66	-66 -4.3%
97	MASCO CORP COM MAS	MAS	8,122	$403.8k0.16%	0.16%	New
98	HERSHEY CO COM HSY	HSY	1,584	$403.0k0.16%	0.16%	New
99	ARES CAPITAL CORP COM ARCC	ARCC	21,980	$401.7k0.16%	0.16%	Reduced -2.1k	-2,140 -8.9%
100	WALMART INC COM WMT	WMT	2,700	$398.2k0.16%	0.16%	Reduced -7.0k	-7,013 -72.2%

Sold out since Q4 2022

Security	Ticker	Shares held before	Value then
LINDE PLC 99952EUR	99952EUR	4,783	$1.3m4.8k shares
3M CO MMM	MMM	4,856	$936.0k4.9k shares
ACCENTURE PLC IRELAND ACN	ACN	2,283	$631.0k2.3k shares
SL GREEN RLTY CORP		6,431	$450.0k6.4k shares
COGNEX CORP CGNX	CGNX	5,019	$417.0k5.0k shares
PAYPAL HLDGS INC PYPL	PYPL	1,381	$335.0k1.4k shares
CHARLES RIV LABS INTL INC CRL	CRL	1,045	$303.0k1.0k shares
PNC FINL SVCS GROUP INC PNC	PNC	1,658	$291.0k1.7k shares
MEDTRONIC PLC MDT	MDT	2,440	$288.0k2.4k shares
NORFOLK SOUTHN CORP NSC	NSC	1,071	$288.0k1.1k shares
ULTA BEAUTY INC ULTA	ULTA	870	$269.0k870 shares
SCHWAB CHARLES CORP SCHW	SCHW	3,982	$260.0k4.0k shares
FIDELITY NATL INFORMATION SV FIS	FIS	1,775	$250.0k1.8k shares
COMMERCE BANCSHARES INC CBSH	CBSH	3,069	$235.0k3.1k shares
PPG INDS INC PPG	PPG	1,522	$229.0k1.5k shares
CULLEN FROST BANKERS INC CFR	CFR	1,981	$215.0k2.0k shares
PRUDENTIAL FINL INC PRU	PRU	2,332	$212.0k2.3k shares
SCOTTS MIRACLE-GRO CO SMG	SMG	856	$210.0k856 shares
GENTEX CORP GNTX	GNTX	5,769	$206.0k5.8k shares
BROOKFIELD ASSET MGMT INC		4,536	$202.0k4.5k shares
COMPUGEN LTD CGEN	CGEN	10,000	$86.0k10.0k shares