Advance Capital Management Inc

RIASEC RegisteredEst. 1986

Total AUM

$5B

Discretionary

$4.9B

98% of AUM

Avg account

$336K

Accounts

14,835

Employees

Advisory reps

Firm details

Headquarters: Southfield, Michigan
CRD number: 110767
Registered since: October 9, 1986
Website: www.acadviser.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Fixed Fees
Client types: HNWI59.79%
Individuals38.71%
Pension & Profit Sharing Plans0.8%
Charitable Organizations0.49%
Corporations / Businesses0.21%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Advance Capital Management Inc is an independent registered investment adviser that has been SEC-registered since 1986. The firm serves both individual and family clients as well as institutional clients, offering financial planning and portfolio management across individual, small-business and institutional segments. Its advisory services include pension consulting and the selection of outside managers; the firm describes itself as a capital allocator, meaning it places client capital with third-party managers in addition to managing portfolios directly. Advance Capital uses a mix of percentage-of-AUM and fixed-fee billing and does not identify as an active ESG investor. Advance Capital has been cited on several industry lists over recent years, including repeated appearances in Barron’s Top 100 RIA Firms (2021–2024), placements on Forbes’ America’s Top RIA Firms (2023, 2024), and recognition by CNBC among Top 100 Financial Advisory Firms in 2025. Those listings reflect scale and visibility rather than a specific investment mandate.