Advance Capital Management has been a leading provider of financial and retirement planning strategies for over 35 years.
Advance Capital has provided strong investment services and helped thousands of customers make their hopes and dreams come true.
They always provide their financial services with the needs of the clients in mind and have created a slightly different background than other financial advisors. That way, you can get the services of experienced financial professionals.
Realizing that many of the founders of this company do not understand the retirement plans, they have decided to resort to financial advice. They are among the top financial advisors on our list of reviews.
The company has been providing services to various customers since the 1980s. You can transact reliably and follow the highest legal and ethical standards for managing your money.
You can refer to them for attractive investment management services with comprehensive financial plans. They will help you reach your most important financial goals.
They can be described as a company that is committed to your success by providing a customer-centric service.
Table of Contents
Advance Capital Management Background
Advance Capital owns more than $ 3.5 billion in assets under management. They also have more than 5,400 clients. According to Crain’s Detroit Business, the company has become one of the top money managers in Metro Detroit.
It offers you both comprehensive financial planning and investment management services. It also focuses on one client separately.
The company’s staff consists of government accountants, investment analysts, financial planners, chartered financial analysts, and other scholars.
Advance Capital has been with thousands of customers for over 35 years, with strong investment services and financial and retirement planning strategies prioritizing customer needs.
This review aims to inform you about the services provided by Advance Capital, its importance as well as its shortcomings and weaknesses.
Advance Capital Management Client Types
Every finance company does not suit our financial needs, and we need to find a suitable institution. You must meet the following requirements to work with Advance Capital.
- Advance capital management is high net worth.
- Being above and below the pensions and pension plans, trusts, estates, charities, and corporations.
(Note – There are no minimum requirements for individual investment accounts.)
Advance Capital Management Cost and Account Size
This allows advanced capital management to adopt a lower-cost model and see different fee structures in the industry. The company charges an annual asset-based fee for investment management services.
The fees thus charged will be billed separately at the end of each month based on the fair market value of the assets in your account.
The fee management charges 1% per annum for the first $ 500,000 on assets, 0.8% annually on the next $ 500,000 and 0.65% annually on assets exceeding $ 1,000,000.
You can change the fees if you wish by discussing the fees for the services provided by Advance Capital Management.
Keep in mind that those changes do not apply to any other expenses that may be incurred on your accounts, such as brokerage fees, custodial expenses, and funding fees.
The amount you pay as management fees is determined based on how much money you have in the organization. Accounts less than a certain amount must comply with a fixed minimum fee.
Other Information about Advance Capital
Confidence is often the biggest influence when deciding to work with a financial advisor and finding the best financial partner.
You need to make sure that the person you choose is always working for your good. The best thing you can do for this is to find a registered investment advisory firm.
Advance Capital is one of such registered trust advisory firms. They say they trade the recommended securities, but there may be some inherent conflicts when trading the recommended securities.
If you would like to select Advance Capital Management as your Financial Advisor, you can contact them by visiting their website.
Recommended Reading – Why Wealth Advice is Important to Get Rich?