State market data

Wealth management firms in Michigan

As of October 2, 2026, 664 wealth management firms, including broker-dealer firms, based in Michigan reported $219.4 billion in regulatory assets under management; the largest by assets was Plante Moran Financial Advisors, with $26.9 billion.

Showing all wealth firms, including wirehouses and broker-dealer firms. Independent RIAs only

Wealth management firms: 664
SEC-registered: 257
State-registered: 407
Regulatory assets under management: $219.4 billion
Client accounts: 633,833
Median firm size: $73.1 million
Of which broker-dealer affiliated: 28, with $29.4 billion

Michigan requires IAR continuing education, in effect since 2023. Status from NASAA's IAR CE map, checked October 5, 2026. IAR CE in Michigan.

Top firms in Michigan

Largest wealth firms by assets under management, including broker-dealer firms

Largest wealth firms by assets under management, including broker-dealer firms in Michigan, top 10
Rank	Firm	City	RAUM
1	Plante Moran Financial Advisors	Southfield	$26.9 billion
2	Hantz Financial Services, Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Southfield	$10.0 billion
3	Zhang Financial	Portage	$8.4 billion
4	SPC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Ann Arbor	$6.1 billion
5	Mainstay Capital Management, LLC	Grand Blanc	$5.3 billion
6	Rehmann Wealth	Lansing	$5.3 billion
7	Advance Capital Management Inc	Southfield	$5.0 billion
8	CG Advisory Services	Williamston	$4.6 billion
9	Advisory Alpha, LLC	Holland	$4.4 billion
10	Azimuth Capital Management	Bloomfield Hills	$4.0 billion

Top 100 in Michigan

Fastest-growing wealth firms over one year, including broker-dealer firms

Fastest-growing wealth firms over one year, including broker-dealer firms in Michigan, top 10
Rank	Firm	City	Growth	Starting value
1	Spartan Wealth Management	Bingham Farms	265.0%	$406.6 million
2	Foguth Wealth Management, LLC.	Brighton	143.4%	$439.6 million
3	Summit Financial Working with People You Trust	Sterling Heights	79.3%	$122.1 million
4	Retiremitten Financial LLC	Clarkston	63.3%	$130.9 million
5	Aspen Investment Management Inc.	Grand Rapids	58.4%	$285.7 million
6	Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L	Troy	56.7%	$327.0 million
7	Lightsquare Wealth Management, LLC	Bingham Farms	54.9%	$131.4 million
8	C2 Private Wealth	Novi	53.7%	$1.2 billion
9	Vima, LLC	Troy	52.8%	$150.2 million
10	Carrera Capital Advisors	Troy	49.6%	$647.7 million

Top 100 in Michigan

Fastest-growing wealth firms over three years, including broker-dealer firms

Fastest-growing wealth firms over three years, including broker-dealer firms in Michigan, top 10
Rank	Firm	City	Growth	Starting value
1	Fiduciary Financial Advisors	Grand Rapids	55.7%	$352.2 million
2	Lifeworks Advisors, LLC	Grand Rapids	54.7%	$261.2 million
3	Heron Bay Capital Management	Bloomfield Hills	48.3%	$197.3 million
4	West Michigan Advisors	Holland	40.8%	$279.8 million
5	Fsa Advisors, Inc.	Troy	38.8%	$214.4 million
6	Trunorth Capital Management, LLC	Kalamazoo	35.0%	$294.6 million
7	Advisory Alpha, LLC	Holland	34.8%	$1.8 billion
8	Straight Path Wealth Management	Jenison	32.5%	$203.2 million
9	Innovia Wealth, LLC	Grand Rapids	32.5%	$1.4 billion
10	Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L	Troy	31.9%	$223.1 million

Top 100 in Michigan

Fastest-growing wealth firms over five years, including broker-dealer firms

Fastest-growing wealth firms over five years, including broker-dealer firms in Michigan, top 10
Rank	Firm	City	Growth	Starting value
1	Lifeworks Advisors, LLC	Grand Rapids	51.2%	$122.4 million
2	Fiduciary Financial Advisors	Grand Rapids	50.2%	$174.1 million
3	Asset Allocation Strategies, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Farmington	42.5%	$173.3 million
4	Innovia Wealth, LLC	Grand Rapids	35.5%	$720.0 million
5	Fsa Advisors, Inc.	Troy	33.1%	$137.2 million
6	C2 Private Wealth	Novi	30.5%	$480.0 million
7	Secure Asset Management, L.L.C. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Troy	28.9%	$244.9 million
8	Advisory Alpha, LLC	Holland	28.6%	$1.2 billion
9	626 Financial, LLC	Portage	27.0%	$115.0 million
10	Heron Bay Capital Management	Bloomfield Hills	26.2%	$200.9 million

Top 100 in Michigan

Wealth firms with the biggest asset gains over one year, including broker-dealer firms

Wealth firms with the biggest asset gains over one year, including broker-dealer firms in Michigan, top 10
Rank	Firm	City	Increase
1	Plante Moran Financial Advisors	Southfield	$5.1 billion
2	Hantz Financial Services, Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Southfield	$2.2 billion
3	Zhang Financial	Portage	$1.8 billion
4	Spartan Wealth Management	Bingham Farms	$1.1 billion
5	Rehmann Wealth	Lansing	$1.0 billion
6	Advisory Alpha, LLC	Holland	$905.5 million
7	Innovia Wealth, LLC	Grand Rapids	$857.7 million
8	Corecap Advisors Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Southfield	$819.3 million
9	Mainstay Capital Management, LLC	Grand Blanc	$791.2 million
10	C2 Private Wealth	Novi	$634.5 million

Top 100 in Michigan

Wealth firms with the most clients, including broker-dealer firms

Wealth firms with the most clients, including broker-dealer firms in Michigan, top 10
Rank	Firm	City	Most clients
1	SPC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Ann Arbor	35,399
2	Hantz Financial Services, Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Southfield	25,931
3	Advisory Alpha, LLC	Holland	13,831
4	Corecap Advisors Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Southfield	9,685
5	Regal Investment Advisors LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Kentwood	8,363
6	USA Financial Formulas Corporation	Ada	7,489
7	Advance Capital Management Inc	Southfield	7,365
8	CG Advisory Services	Williamston	5,614
9	Centennial Securities Company Inc Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Grand Rapids	5,040
10	Signal Advisors Wealth, LLC	Detroit	4,816

Top 100 in Michigan

Wealth firms with the fastest client growth over one year, including broker-dealer firms

Wealth firms with the fastest client growth over one year, including broker-dealer firms in Michigan, top 10
Rank	Firm	City	Growth	Starting value
1	Spartan Wealth Management	Bingham Farms	278.1%	311
2	Fsa Advisors, Inc.	Troy	150.3%	1,782
3	Signal Advisors Wealth, LLC	Detroit	115.7%	2,233
4	Melone Private Wealth, LLC	Auburn Hills	109.2%	153
5	Jay A. Fishman, Ltd	Troy	105.0%	524
6	The Enterprise Investment Company Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Farmington Hills	103.6%	413
7	C2 Private Wealth	Novi	93.4%	1,068
8	Cambient Family Office, LLC	Ada	76.8%	112
9	Foguth Wealth Management, LLC.	Brighton	72.1%	1,563
10	Strategic Wealth Advisors Group, Inc.	Utica	35.3%	402

Top 100 in Michigan

Wealth firms with the most accounts, including broker-dealer firms

Wealth firms with the most accounts, including broker-dealer firms in Michigan, top 10
Rank	Firm	City	Most accounts
1	Hantz Financial Services, Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Southfield	121,451
2	SPC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Ann Arbor	26,433
3	Advisory Alpha, LLC	Holland	24,401
4	Plante Moran Financial Advisors	Southfield	19,176
5	CG Advisory Services	Williamston	18,187
6	Advance Capital Management Inc	Southfield	14,835
7	Regal Investment Advisors LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Kentwood	13,473
8	C2 Private Wealth	Novi	11,760
9	Signal Advisors Wealth, LLC	Detroit	10,642
10	Corecap Advisors Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Southfield	9,677

Top 100 in Michigan

Wealth firms with the most advisory staff, including broker-dealer firms

Wealth firms with the most advisory staff, including broker-dealer firms in Michigan, top 10
Rank	Firm	City	Most advisory staff
1	SPC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Ann Arbor	471
2	Hantz Financial Services, Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Southfield	333
3	Plante Moran Financial Advisors	Southfield	142
4	USA Financial Securities LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Ada	134
5	Regal Investment Advisors LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Kentwood	118
6	Corecap Advisors Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Southfield	110
7	CG Advisory Services	Williamston	69
8	Concorde Asset Management, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Ann Arbor	67
9	Advisory Alpha, LLC	Holland	61
10	Secure Asset Management, L.L.C. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Troy	54

Top 100 in Michigan

Wealth firms with the most high net worth clients, including broker-dealer firms

Wealth firms with the most high net worth clients, including broker-dealer firms in Michigan, top 10
Rank	Firm	City	Most high net worth clients
1	Plante Moran Financial Advisors	Southfield	3,445
2	Hantz Financial Services, Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Southfield	2,423
3	Mainstay Capital Management, LLC	Grand Blanc	1,664
4	Advance Capital Management Inc	Southfield	1,531
5	LVM Capital Management Ltd	Portage	1,369
6	Zhang Financial	Portage	1,355
7	Rehmann Wealth	Lansing	1,123
8	Corecap Advisors Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Southfield	936
9	Retirement Income Solutions, Inc.	Ann Arbor	869
10	SPC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Ann Arbor	832

Top 100 in Michigan

Wealth firms with the most CFP professionals, including broker-dealer firms

Wealth firms with the most CFP professionals, including broker-dealer firms in Michigan, top 10
Rank	Firm	City	Most CFP professionals
1	Plante Moran Financial Advisors	Southfield	89
2	SPC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Ann Arbor	81
3	Hantz Financial Services, Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Southfield	52
4	CG Advisory Services	Williamston	24
5	Regal Investment Advisors LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Kentwood	18
6	Advance Capital Management Inc	Southfield	17
6	Rehmann Wealth	Lansing	17
8	USA Financial Securities LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Ada	15
9	Zhang Financial	Portage	14
10	Center for Financial Planning Inc	Southfield	13

Top 100 in Michigan

Newest wealth firms, including broker-dealer firms

Newest wealth firms, including broker-dealer firms in Michigan, top 10
Rank	Firm	City	Amount
1	Modell Capital Management LLC	Bloomfield Hills	$1.9 billion
2	Vertrix Wealth Management, LLC	Troy	$343.2 million
3	Northern Edge Wealth Management	Marquette	$246.9 million
4	Rosenberg Wealth Advisors	Birmingham	$231.0 million
5	Daniel Investment Group Inc.	Royal Oak	$210.1 million
6	Custom Wealth Management	Plymouth	$201.0 million
7	River Raisin Investment Partners, Inc.	Monroe	$163.5 million
8	Advisory Advocates LLC	Grand Rapids	$158.6 million
9	Star Wealth Management Corporation	Bingham Farms	$156.5 million
10	Paragon Investing, LLC	Detroit	$138.2 million

Top 100 in Michigan

Over time

From the SEC's yearly files: SEC-registered wealth firms based in Michigan, from October 2018, each snapshot classed from its own Form ADV answers.

FirmsSEC-registered wealth firms, including broker-dealer firms. 9 snapshots, October 1, 2018 to October 2, 2026.

Data table

Firms
As of	Firms
October 1, 2018	146
October 1, 2019	164
October 1, 2020	172
October 4, 2021	197
October 3, 2022	201
October 5, 2023	196
October 1, 2024	209
September 2, 2025	224
October 2, 2026	257

Regulatory assets under managementSEC-registered wealth firms, including broker-dealer firms. 9 snapshots, October 1, 2018 to October 2, 2026.

Data table

Regulatory assets under management
As of	Regulatory assets under management
October 1, 2018	$95.2 billion
October 1, 2019	$104.0 billion
October 1, 2020	$126.7 billion
October 4, 2021	$148.5 billion
October 3, 2022	$164.6 billion
October 5, 2023	$151.1 billion
October 1, 2024	$154.8 billion
September 2, 2025	$176.3 billion
October 2, 2026	$209.9 billion

Client accountsSEC-registered wealth firms, including broker-dealer firms. 9 snapshots, October 1, 2018 to October 2, 2026.

Data table

Client accounts
As of	Client accounts
October 1, 2018	284,483
October 1, 2019	313,404
October 1, 2020	364,658
October 4, 2021	400,059
October 3, 2022	413,148
October 5, 2023	444,573
October 1, 2024	507,378
September 2, 2025	535,556
October 2, 2026	590,312

Median firm size (RAUM)SEC-registered wealth firms, including broker-dealer firms. 9 snapshots, October 1, 2018 to October 2, 2026.

Data table

Median firm size (RAUM)
As of	Median firm size (RAUM)
October 1, 2018	$239.3 million
October 1, 2019	$230.3 million
October 1, 2020	$263.1 million
October 4, 2021	$258.3 million
October 3, 2022	$292.7 million
October 5, 2023	$278.3 million
October 1, 2024	$294.4 million
September 2, 2025	$323.3 million
October 2, 2026	$307.7 million

The market in Michigan now

Headline figures

Headline figures, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Firms	664	257	407
Regulatory assets under management	$219.4 billion	$209.9 billion	$9.4 billion
Accounts	633,833	590,312	43,521
Clients	298,875	268,950	29,925
Employees	4,906	4,239	667
Advisory employees	3,714	3,140	574
Investment adviser representatives	3,837	3,250	587
Median RAUM	$73.1 million	$307.7 million	$19.3 million
Average RAUM	$384.9 million	$826.5 million	$29.9 million

Firms by size

Advisers grouped by regulatory assets under management.

Firms by size, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Firms under $100 million	313	3	310
RAUM of firms under $100 million	$8.9 billion	$121.3 million	$8.8 billion
Firms $100 million to $250 million	106	100	6
RAUM of firms $100 million to $250 million	$17.4 billion	$16.8 billion	$636.4 million
Firms $250 million to $500 million	62	62	0
RAUM of firms $250 million to $500 million	$21.7 billion	$21.7 billion	$0
Firms $500 million to $1 billion	45	45	0
RAUM of firms $500 million to $1 billion	$32.6 billion	$32.6 billion	$0
Firms $1 billion to $5 billion	38	38	0
RAUM of firms $1 billion to $5 billion	$76.8 billion	$76.8 billion	$0
Firms $5 billion to $10 billion	4	4	0
RAUM of firms $5 billion to $10 billion	$25.1 billion	$25.1 billion	$0
Firms $10 billion and up	2	2	0
RAUM of firms $10 billion and up	$36.9 billion	$36.9 billion	$0

Concentration

How much of the market the largest advisers hold.

Concentration: all wealth firmsAs of October 2, 2026.
Measure	Bar	Value
Top 10 share of RAUM		36.5%
Top 100 share of RAUM		80.5%

Concentration, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Top 10 share of RAUM	36.5%	38.1%	10.9%
Top 100 share of RAUM	80.5%	84.1%	70.0%

How advisers are paid

Share of advisers reporting each form of compensation on Form ADV Item 5.E. A firm can report several.

How advisers are paid: all wealth firmsAs of October 2, 2026.
Measure	Bar	Value
Charge a percentage of assets		90.7%
Charge hourly fees		54.1%
Charge subscription fees		2.0%
Charge fixed fees		62.8%
Receive commissions		2.3%
Charge performance-based fees		1.7%
Other compensation		8.7%

How advisers are paid, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Charge a percentage of assets	90.7%	96.9%	86.7%
Charge hourly fees	54.1%	56.8%	52.3%
Charge subscription fees	2.0%	1.6%	2.2%
Charge fixed fees	62.8%	73.2%	56.3%
Receive commissions	2.3%	1.9%	2.5%
Charge performance-based fees	1.7%	1.6%	1.7%
Other compensation	8.7%	12.5%	6.4%

Custody

Advisers reporting custody of client cash or securities on Form ADV Item 9.

Custody, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Have custody	26.1%	49.4%	11.3%

Broker-dealer and other affiliations

From Form ADV Items 6 and 7.

Broker-dealer and other affiliations, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Broker-dealer affiliated	5.3%	8.6%	3.2%

New firms and successions

New registrations and firms reporting that they succeeded to another adviser's business (Form ADV Item 4).

New firms and successions, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
New registrations	74	25	49
Successions	No data	0	No data

Other measures

Other measures, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Firms reporting RAUM	570	254	316
Discretionary RAUM	$189.5 billion	$181.2 billion	$8.4 billion
CFP professionals	899	758	141
25th percentile RAUM	$16.9 million	$175.8 million	$7.0 million
75th percentile RAUM	$272.0 million	$725.2 million	$45.7 million
90th percentile RAUM	$847.0 million	$1.6 billion	$74.5 million
Average account size	$346,119	$355,646	$216,900
Offer financial planning	78.5%	86.0%	73.7%
RAUM growth, one year	No data	19.1%	No data

As of October 2, 2026. Definitions of every measure are on the methodology page.

Cities

Southfield 15 independent RIAs, $34.8 billion
Bloomfield Hills 34 independent RIAs, $18.3 billion
Grand Rapids 43 independent RIAs, $15.9 billion
Troy 41 independent RIAs, $12.3 billion
Portage 11 independent RIAs, $11.8 billion
Holland 14 independent RIAs, $9.5 billion
Novi 15 independent RIAs, $6.8 billion
Ann Arbor 33 independent RIAs, $6.4 billion
Lansing 8 independent RIAs, $6.4 billion
Grand Blanc 5 independent RIAs, $6.0 billion
Kalamazoo 14 independent RIAs, $4.4 billion
Farmington Hills 9 independent RIAs, $4.1 billion
Birmingham 13 independent RIAs, $3.6 billion
Northville 14 independent RIAs, $3.5 billion
Traverse City 22 independent RIAs, $3.4 billion
Plymouth 11 independent RIAs, $2.8 billion
Bingham Farms 5 independent RIAs, $2.3 billion
Brighton 16 independent RIAs, $2.1 billion
Ada 9 independent RIAs, $1.8 billion
Royal Oak 11 independent RIAs, $1.5 billion
Okemos 7 independent RIAs, $1.1 billion
Livonia 8 independent RIAs, $1.1 billion
Jenison 5 independent RIAs, $896.6 million
Grosse Pointe Farms 5 independent RIAs, $736.3 million
Sterling Heights 8 independent RIAs, $719.4 million
Rochester 9 independent RIAs, $620.0 million
Canton 7 independent RIAs, $247.4 million
Rochester Hills 6 independent RIAs, $142.1 million
Ypsilanti 5 independent RIAs, $36.8 million
Shelby Township 5 independent RIAs, $34.1 million

Cities with at least five independent RIAs.

Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.