Delta Financial, Inc.

Delta Financial primarily serves retirement plan sponsors and institutional clients, including ERISA and non‑ERISA retirement plans, Michigan governmental defined‑benefit plans (e.g., PA 314 and Act 345), municipal operating funds (e.g., PA 20 surplus funds), endowments, foundations, and institutional trusts. The firm provides discretionary asset management of plan assets, ERISA fiduciary management under a 3(38) framework, retirement plan consulting (investment selection, due diligence, benchmarking and participant education), and can implement model portfolios; it is newly registered, operates with a single investment adviser representative, and currently reports no assets under management.

The firm describes a value‑oriented investment approach—primarily long‑only with an emphasis on fundamental analysis—supplemented by tactical and strategic asset allocation, technical analysis, and occasional option strategies or short‑term trades when appropriate. Delta Financial actively monitors accounts with continuous oversight and quarterly formal reviews, offers both discretionary management and non‑discretionary consulting, and recommends a specific qualified custodian for trade execution and custody.

Delta Financial’s profile is notable for combining small‑firm scale with pension consulting and institutional fiduciary services targeted to public‑sector and municipal clients, a capability the brochure highlights as uncommon among peers. The firm also discloses that its sole adviser currently holds a municipal government management role and will transition to full‑time advisory duties, a factor the firm says it is managing through limited new client intake during the transition.