This is the fourth year in a row that Advance Capital Management has been listed.
“We are again honored to be named a top financial adviser in the U.S. and especially proud to have done it for four consecutive years,” said Joe Theisen, chief executive officer of Advance Capital Management.
This is the seventh annual FT 300 list, produced independently by Ignites Research, a division of Money-Media, Inc., on behalf of the Financial Times. Ignites Research provides business intelligence on investment management.
RIA firms applied for consideration, having met a minimum set of criteria. Applicants were then graded on six factors: assets under management (AUM); AUM growth rate; years in existence; advanced industry credentials of the firm’s advisers; online accessibility; and compliance records. There are no fees or other considerations required of RIAs that apply for the FT 300.
“The achievement is the direct result of putting our clients’ best interest first,” Theisen said. “We can’t thank our clients enough for their support.”
The final FT 300 represents an impressive cohort of elite RIA firms, as the median AUM of this year’s group is $1.9 billion. The FT 300 Top RIAs represent 39 different states and Washington, D.C.
For more than 30 years, Advance Capital Management has helped thousands of people with personalized financial planning and investment management solutions. Advance Capital Management has $3 billion in assets under management and over 5,000 investment advisory clients. Although one of only a handful of Michigan-based firms on the list, it also has offices in Ohio, Illinois and Texas.
InvestmentNews magazine named Advance Capital Management a Top Fee-Only RIA. The firm has also been recognized as a Top Financial Advisor Firm in Michigan, Ohio and Illinois by Investor.com. It was named one of the largest money managers in metro Detroit by Crain's Detroit Business, one of the largest RIAs by Crain’s Cleveland Business, and a top area wealth management firm by Grand Rapids Business Journal.