CWS Financial Advisors, LLC

KALAMAZOO, MI · CIK 1802459 · 13F filing filed 2025-02-04

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

$308.9m reported value +9.4% vs Q3 2024

126positions

67.1%in top 10

12 new 74 added 18 reduced 7 sold out vs Q3 2024

Also in the report of:

Advisor OS, LLC – $2.3m of shares are in both reports

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

Holdings, Q4 2024

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	256,581	$92.4m29.91%	29.91%	Reduced -713	-713 -0.3%
2	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	42,605	$23.0m7.43%	7.43%	Added +509	+509 1.2%
3	ISHARES TR CORE S&P SCP ETF IJR	IJR	167,130	$19.3m6.23%	6.23%	Added +2.7k	+2,670 1.6%
4	APPLE INC COM AAPL	AAPL	65,436	$16.4m5.31%	5.31%	Added +221	+221 0.3%
5	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	174,318	$10.3m3.33%	3.33%	Added +2.3k	+2,288 1.3%
6	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	19,023	$9.7m3.15%	3.15%	Added +15.2k	+15,215 399.6%
7	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	48,167	$9.4m3.05%	3.05%	Added +2.7k	+2,743 6.0%
8	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	22,654	$9.3m3.01%	3.01%	Added +1.5k	+1,498 7.1%
9	VANGUARD INDEX FDS VALUE ETF VTV	VTV	52,673	$8.9m2.89%	2.89%	Added +4.2k	+4,221 8.7%
10	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	30,143	$8.7m2.83%	2.83%	Added +14.2k	+14,211 89.2%
11	MICROSOFT CORP COM MSFT	MSFT	17,527	$7.4m2.39%	2.39%	Added +516	+516 3.0%
12	VANGUARD INDEX FDS EXTEND MKT ETF VXF	VXF	21,558	$4.1m1.33%	1.33%	Reduced -3.4k	-3,440 -13.8%
13	VANGUARD INDEX FDS SMALL CP ETF VB	VB	15,171	$3.6m1.18%	1.18%	Added +1.3k	+1,343 9.7%
14	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	5,861	$3.4m1.11%	1.11%	New
15	ISHARES TR CORE S&P500 ETF IVV	IVV	5,382	$3.2m1.03%	1.03%	Reduced -27	-27 -0.5%
16	CAPITAL GROUP GROWTH ETF SHS CREATION UNI CGGR	CGGR	82,179	$3.1m0.99%	0.99%	Added +12.8k	+12,793 18.4%
17	VANGUARD INDEX FDS MID CAP ETF VO	VO	10,362	$2.7m0.89%	0.89%	Added +9.0k	+9,008 665.3%
18	ISHARES TR CORE MSCI EAFE IEFA	IEFA	34,203	$2.4m0.78%	0.78%	Added +506	+506 1.5%
19	PROCTER AND GAMBLE CO COM PG	PG	13,667	$2.3m0.74%	0.74%	Reduced -772	-772 -5.3%
20	VANGUARD SCOTTSDALE FDS SHORT TERM TREAS VGSH	VGSH	39,373	$2.3m0.74%	0.74%	Added +6.6k	+6,581 20.1%
21	VANGUARD BD INDEX FDS VANGUARD ULTRA VUSB	VUSB	46,008	$2.3m0.74%	0.74%	Added +3.0k	+2,954 6.9%
22	MCDONALDS CORP COM MCD	MCD	7,733	$2.2m0.73%	0.73%	Added +2	+2 0.0%
23	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	80,121	$2.2m0.71%	0.71%	Added +11.4k	+11,430 16.6%
24	WALMART INC COM WMT	WMT	23,324	$2.1m0.68%	0.68%	Reduced -66	-66 -0.3%
25	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	3,319	$1.9m0.61%	0.61%	New
26	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	7,724	$1.7m0.55%	0.55%	Unchanged
27	PEPSICO INC COM PEP	PEP	11,140	$1.7m0.55%	0.55%	Added +631	+631 6.0%
28	AMAZON COM INC COM AMZN	AMZN	7,150	$1.6m0.51%	0.51%	Reduced -5	-5 -0.1%
29	CAPITAL GROUP CORE BALANCED SHS CGBL	CGBL	43,903	$1.4m0.44%	0.44%	Added +14.9k	+14,886 51.3%
30	ISHARES TR CORE S&P MCP ETF IJH	IJH	22,025	$1.4m0.44%	0.44%	Added +63	+63 0.3%
31	VANGUARD WHITEHALL FDS INTL DVD ETF VIGI	VIGI	16,262	$1.3m0.42%	0.42%	Added +259	+259 1.6%
32	EXXON MOBIL CORP COM XOM	XOM	12,053	$1.3m0.42%	0.42%	Added +79	+79 0.7%
33	CAPITAL GROUP CORE EQUITY ET SHS CREATION UNI CGUS	CGUS	36,202	$1.3m0.41%	0.41%	Added +6.3k	+6,334 21.2%
34	JPMORGAN CHASE & CO COM JPM	JPM	4,546	$1.1m0.35%	0.35%	Added +1	+1 0.0%
35	CAPITAL GROUP INTL FOCUS EQT SHS CREATION UNI CGXU	CGXU	43,534	$1.1m0.35%	0.35%	Added +13.0k	+13,017 42.6%
36	ALPHABET INC CAP STK CL A GOOGL	GOOGL	5,508	$1.0m0.34%	0.34%	Added +1	+1 0.0%
37	PHILIP MORRIS INTL INC COM PM	PM	8,614	$1.0m0.34%	0.34%	Added +11	+11 0.1%
38	HOME DEPOT INC COM HD	HD	2,590	$1.0m0.33%	0.33%	Added +306	+306 13.4%
39	ABBVIE INC COM ABBV	ABBV	5,560	$988.1k0.32%	0.32%	Added +739	+739 15.3%
40	SOUTHERN CO COM SO	SO	11,927	$981.9k0.32%	0.32%	Added +61	+61 0.5%
41	CHEVRON CORP NEW COM CVX	CVX	6,164	$892.8k0.29%	0.29%	Added +1.1k	+1,093 21.6%
42	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	1,931	$875.3k0.28%	0.28%	Added +112	+112 6.2%
43	CAPITAL GROUP DIVIDEND VALUE SHS CREATION UNI CGDV	CGDV	23,630	$833.2k0.27%	0.27%	Added +41	+41 0.2%
44	ALTRIA GROUP INC COM MO	MO	15,170	$793.2k0.26%	0.26%	Added +86	+86 0.6%
45	PROGRESSIVE CORP COM PGR	PGR	3,254	$779.7k0.25%	0.25%	Added +752	+752 30.1%
46	VANGUARD ADMIRAL FDS INC 500 GRTH IDX F VOOG	VOOG	2,121	$776.4k0.25%	0.25%	Unchanged
47	ABBOTT LABS COM ABT	ABT	6,698	$757.6k0.25%	0.25%	Added +66	+66 1.0%
48	CISCO SYS INC COM CSCO	CSCO	12,227	$723.8k0.23%	0.23%	Added +1.6k	+1,587 14.9%
49	LOCKHEED MARTIN CORP COM LMT	LMT	1,452	$705.5k0.23%	0.23%	Added +198	+198 15.8%
50	MASTERCARD INCORPORATED CL A MA	MA	1,297	$683.2k0.22%	0.22%	Added +107	+107 9.0%
51	PFIZER INC COM PFE	PFE	25,632	$680.0k0.22%	0.22%	Reduced -1.9k	-1,869 -6.8%
52	ISHARES INC CORE MSCI EMKT IEMG	IEMG	12,655	$660.9k0.21%	0.21%	Added +306	+306 2.5%
53	DIMENSIONAL ETF TRUST US SMALL CAP ETF DFAS	DFAS	9,681	$630.0k0.20%	0.20%	Added +2.0k	+2,000 26.0%
54	PARKER-HANNIFIN CORP COM PH	PH	955	$607.6k0.20%	0.20%	Unchanged
55	SPDR GOLD TR GOLD SHS GLD	GLD	2,420	$586.0k0.19%	0.19%	Added +100	+100 4.3%
56	VERIZON COMMUNICATIONS INC COM VZ	VZ	14,616	$584.5k0.19%	0.19%	Added +524	+524 3.7%
57	ISHARES TR S&P 500 GRWT ETF IVW	IVW	5,716	$580.3k0.19%	0.19%	Added +3	+3 0.1%
58	NEXTERA ENERGY INC COM NEE	NEE	7,996	$573.2k0.19%	0.19%	Added +4	+4 0.1%
59	ELI LILLY & CO COM LLY	LLY	717	$553.7k0.18%	0.18%	Reduced -483	-483 -40.2%
60	JOHNSON & JOHNSON COM JNJ	JNJ	3,825	$553.2k0.18%	0.18%	Reduced -4	-4 -0.1%
61	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	7,575	$544.7k0.18%	0.18%	Added +2.2k	+2,207 41.1%
62	META PLATFORMS INC CL A META	META	930	$544.5k0.18%	0.18%	Unchanged
63	ISHARES TR MSCI USA ESG SLC SUSA	SUSA	4,396	$534.5k0.17%	0.17%	Reduced -536	-536 -10.9%
64	CAPITAL GRP FIXED INCM ETF T CORE PLUS INCM CGCP	CGCP	24,000	$532.8k0.17%	0.17%	Added +974	+974 4.2%
65	EATON CORP PLC SHS ETN	ETN	1,580	$524.4k0.17%	0.17%	Unchanged
66	FASTENAL CO COM FAST	FAST	7,283	$523.7k0.17%	0.17%	Added +1.7k	+1,664 29.6%
67	COSTCO WHSL CORP NEW COM COST	COST	560	$512.9k0.17%	0.17%	Unchanged
68	GENERAL DYNAMICS CORP COM GD	GD	1,938	$510.6k0.17%	0.17%	Added +399	+399 25.9%
69	LINDE PLC SHS LIN	LIN	1,212	$507.4k0.16%	0.16%	Added +286	+286 30.9%
70	ISHARES TR S&P 500 VAL ETF IVE	IVE	2,654	$506.6k0.16%	0.16%	Added +3	+3 0.1%
71	CAPITAL GROUP DIVIDEND GROWE SHS ETF CGDG	CGDG	16,694	$494.8k0.16%	0.16%	Added +5.1k	+5,119 44.2%
72	ALPHABET INC CAP STK CL C GOOG	GOOG	2,545	$484.7k0.16%	0.16%	Added +229	+229 9.9%
73	COCA COLA CO COM KO	KO	7,739	$481.9k0.16%	0.16%	Added +45	+45 0.6%
74	CIVISTA BANCSHARES INC COM NO PAR CIVB	CIVB	22,877	$481.3k0.16%	0.16%	Unchanged
75	ZOETIS INC CL A ZTS	ZTS	2,949	$480.4k0.16%	0.16%	Added +7	+7 0.2%
76	AT&T INC COM T	T	21,039	$479.1k0.16%	0.16%	Reduced -69	-69 -0.3%
77	ILLINOIS TOOL WKS INC COM ITW	ITW	1,872	$474.7k0.15%	0.15%	Added +239	+239 14.6%
78	EDWARDS LIFESCIENCES CORP COM EW	EW	6,312	$467.3k0.15%	0.15%	Unchanged
79	DISNEY WALT CO COM DIS	DIS	4,178	$465.2k0.15%	0.15%	Reduced -400	-400 -8.7%
80	VANECK ETF TRUST SEMICONDUCTR ETF SMH	SMH	1,920	$465.0k0.15%	0.15%	Unchanged
81	PAYCHEX INC COM PAYX	PAYX	3,274	$459.1k0.15%	0.15%	Added +783	+783 31.4%
82	STARBUCKS CORP COM SBUX	SBUX	5,022	$458.2k0.15%	0.15%	Added +367	+367 7.9%
83	GRACO INC COM GGG	GGG	5,417	$456.6k0.15%	0.15%	Unchanged
84	CAPITAL GRP FIXED INCM ETF T CORE BOND ETF CGCB	CGCB	17,109	$441.2k0.14%	0.14%	Added +6.4k	+6,363 59.2%
85	BROADRIDGE FINL SOLUTIONS IN COM BR	BR	1,911	$432.1k0.14%	0.14%	Added +675	+675 54.6%
86	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	8,664	$414.3k0.13%	0.13%	Added +429	+429 5.2%
87	MARTIN MARIETTA MATLS INC COM MLM	MLM	790	$408.0k0.13%	0.13%	Added +71	+71 9.9%
88	CAPITAL GROUP CONSERVATIVE E SHS CGCV	CGCV	14,985	$397.7k0.13%	0.13%	New
89	CONOCOPHILLIPS COM COP	COP	4,008	$397.5k0.13%	0.13%	Added +154	+154 4.0%
90	AMGEN INC COM AMGN	AMGN	1,506	$392.6k0.13%	0.13%	Unchanged
91	COLGATE PALMOLIVE CO COM CL	CL	4,189	$380.8k0.12%	0.12%	Added +994	+994 31.1%
92	CATERPILLAR INC COM CAT	CAT	1,004	$364.2k0.12%	0.12%	Unchanged
93	DUKE ENERGY CORP NEW COM NEW DUK	DUK	3,308	$356.4k0.12%	0.12%	Reduced -650	-650 -16.4%
94	UNITEDHEALTH GROUP INC COM UNH	UNH	684	$346.0k0.11%	0.11%	Unchanged
95	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	1,920	$341.9k0.11%	0.11%	Unchanged
96	ISHARES TR RUS 1000 VAL ETF IWD	IWD	1,778	$329.2k0.11%	0.11%	Added +76	+76 4.5%
97	NETFLIX INC COM NFLX	NFLX	350	$312.0k0.10%	0.10%	Unchanged
98	WEC ENERGY GROUP INC COM WEC	WEC	3,293	$309.6k0.10%	0.10%	Added +1.2k	+1,212 58.2%
99	ENTERGY CORP NEW COM ETR	ETR	3,999	$303.2k0.10%	0.10%	New
100	ANALOG DEVICES INC COM ADI	ADI	1,419	$301.5k0.10%	0.10%	Added +543	+543 62.0%

Sold out since Q3 2024

Security	Ticker	Shares held before	Value then
SCHWAB STRATEGIC TR SCHP	SCHP	10,560	$283.2k10.6k shares
GE AEROSPACE GE	GE	1,258	$237.3k1.3k shares
QUALCOMM INC QCOM	QCOM	1,369	$232.7k1.4k shares
L3HARRIS TECHNOLOGIES INC LHX	LHX	899	$213.8k899 shares
ISHARES TR IJK	IJK	2,265	$208.2k2.3k shares
PHILLIPS 66 PSX	PSX	1,583	$208.1k1.6k shares
ISHARES TR ESGD	ESGD	2,383	$200.6k2.4k shares