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Michigan Advisors, Inc (Southfield)


Michigan Advisors, Inc is an adviser based in Southfield. It manages $68.27 million of regulatory assets for 350 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Louisiana, Michigan, and New Hampshire.




Michigan Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Michigan Advisors: assets under management

The assets under management (AUM) of Michigan Advisors, Inc is $68.27 million. The firm's AUM has grown by 62% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $25.32 million in discretionary accounts and $42.95 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $149.8 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $237.31 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Michigan Advisors, Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in Southfield

The principal office where Michigan Advisors, Inc performs its advisory services is located at 21415 Civic Center Drive, Southfield, MI 48076, which is also the mailing address of the firm. An additional office of the firm is in Kalamazoo, MI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 248-358-4393 or by fax 248-358-4374. The normal business hours are 8:30am - 4:30pm on Monday - Friday.


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