Advance Capital Management INC
Assets Under Management
$4.5B
Number of Clients
6,882
Number of Advisors
29
Average Client AUM
$655K
AUM per Advisor
$155.3M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Advance Capital Management offers investment advisory and consulting services to individuals, retirement plans, and institutions. Services include financial planning, investment policy review, asset allocation, manager research, portfolio construction, and sub-advisory services. They may utilize independent managers and provide retirement plan consulting.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.00% |
| $500K - $1.0M | 0.80% |
| $1M+ | 0.65% |
Households under $200,000 are subject to an additional service fee. Fees may be negotiable.
Fee Estimator
For individual clients, fees are based on assets under management: 1.0% of the first $500,000, 0.8% of the next $500,000, and 0.65% for amounts over $1,000,000. Households under $200,000 are subject to an additional service fee. Institutional clients pay between 0.25% and 0.40%. Retirement plans have a minimum annual fee of $1,500. Fees may be negotiable.
Areas of Practice
Location
One Towne Square, Suite 444, Southfield, MI, 48076