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 operating since the mid-1980s (SEC-registered in 1986). The firm serves a mix of individual and family clients alongside institutional accounts and acts as a capital allocator, running both discretionary portfolios and fee-based engagements. Core services named on filings include financial planning, portfolio management for individuals/small businesses and for institutional clients, pension consulting and selection of other advisers. The firm does not identify as an active ESG investor on its filings. Advance Capital has attracted industry recognition from multiple outlets over the past several years, including placements on lists compiled by the Financial Times and FA Magazine in 2020, repeated Top 100/Top RIA mentions from Barron’s (2021–2024), Forbes (2023–2024) and a CNBC Top 100 advisory firms listing in 2025.