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Zhang Financial LLC

CIK:0001776290
Investment Adviser
$7B AUM
291 holdings
Portage, MI, US
Founded:1991
44 employees
Latest filing:Jun 30, 2025

Zhang Financial LLC is a nationally recognized SEC-registered investment advisor headquartered in Portage, Michigan. Founded over three decades ago by Charles Zhang CFP®, the firm manages over $7 billion in assets and employs approximately 40–48 professionals. Widely acknowledged for its client-centered, fee-only approach, it provides comprehensive financial planning and investment advisory services, especially for high-net-worth individuals, using an evidence-based investment philosophy. Zhang Financial has received multiple national accolades for ethics and expertise, and serves a diverse range of individual, family, and institutional clients.

Investment Strategy

Zhang Financial employs a fee-only, fiduciary approach, focusing on comprehensive, academically driven, and evidence-based investment strategies. The firm avoids proprietary products and questionable business practices, favoring an open-architecture investment platform and customized, unbiased financial advice. Portfolio management emphasizes client-specific solutions, asset allocation, risk management, and long-term value creation. Investments are held in custody with independent custodians such as LPL Financial and Charles Schwab, ensuring transparency and independence. Zhang Financial primarily serves high-net-worth individuals and families, with significant assets managed for other entities, aiming to maximize client returns and provide exceptional service.

Top Buys
V
VTIVANGUARD INDEX FDS
+$31.7M
I
ITOTISHARES CORE
+$28.5M
V
VOOVANGUARD S&P
+$18.3M
V
VTVANGUARD INTL EQUITY INDEX F
+$17.6M
V
VXUSVANGUARD STAR FDS
+$16.6M
Top Sells
A
AAPLAPPLE INC
-$2.9M
M
MUBISHARES NATIONAL
-$2.9M
Z
ZTSZOETIS INC
-$2.8M
H
HFFGHF FOODS
-$2.1M
K
KAIKADANT INC
-$1.7M

Top Holdings

V
VOOVANGUARD S&P
+7.7%$166.8M
V
VTIVANGUARD INDEX FDS
+7.7%$166.0M
D
DFUSDIMENSIONAL US
+7.4%$160.6M
I
ITOTISHARES CORE
+5.5%$118.6M
D
DFACDIMENSIONAL US
+5.3%$115.0M

Equity Positions (291)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
V
VOO
VANGUARD S&P7.70%$166.8M293,637$406.19$568.03+$18.3M
V
VTI
VANGUARD INDEX FDS7.66%$166.0M546,016$153.06$303.93+$31.7M
D
DFUS
DIMENSIONAL US7.41%$160.6M2,396,803$52.29$67.02+$9.0M
I
ITOT
ISHARES CORE5.47%$118.6M878,592$92.33$135.04+$28.5M
D
DFAC
DIMENSIONAL US5.31%$115.0M3,208,908$29.26$35.84+$11.1M

Industry Allocation

COMMODITY CONTRACTS BROKERS & DEALERS
+2.6%
SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
+2.1%
ELECTRONIC COMPUTERS
+1.9%
SERVICES-PREPACKAGED SOFTWARE
+1.8%
SEMICONDUCTORS & RELATED DEVICES
+1.7%