Michigan-based financial advisory Advance Capital Management is named one of the 2017 top financial advisers in the U.S. by the Financial Times. The firm is one of only nine from Michigan on the list.
FOR IMMEDIATE RELEASE
June 22, 2017 – Advance Capital Management, headquartered in Southfield, MI, is pleased to announce it has been named to the 2017 edition of the Financial Times 300 Top Registered Investment Advisers. The list recognizes top independent RIA firms from across the U.S.
“We are honored to be named a top RIA firm in the U.S.,” said Joe Theisen, chief executive officer of Advance Capital Management. “Even more rewarding, we are one of only nine Michigan-based firms to make the list.”
This is the fourth annual FT 300 list, produced independently by the Financial Times in collaboration with Ignites Research, a subsidiary of the FT that provides business intelligence on the investment management industry.
“Recognition as a top financial adviser is the direct result of the tremendous support from our clients and the hard work of our team over the past 30 years,” Theisen said.
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 final FT 300 represents an impressive cohort of elite RIA firms, as the “average” practice in this year’s list has been in existence for 24 years and manages $2.7 billion in assets. The FT 300 Top RIAs hail from 37 states and Washington, D.C.
The FT 300 is one in series of rankings of top advisers by the Financial Times, including the FT 401 (DC retirement plan advisers) and the FT 400 (broker-dealer advisers).
About Advance Capital Management: For more than 30 years, Advance Capital Management has helped thousands of people realize their hopes and dreams by providing personalized financial planning and investment management services. Advance Capital Management has $2.4 billion in assets under management and over 5,000 investment advisory clients. The firm is one of the top 10 largest money managers in Michigan, as reported by Crain’s Detroit Business.