ADVANCE CAPITAL MANAGEMENT INC
Adviser information for ADVANCE CAPITAL MANAGEMENT INC last updated from Form ADV on March 13th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Michigan, United States |
Employees
| Total Number of Employees | 54 |
|---|---|
| Investment Advisory/Research | 29 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 29 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 13,328 | $3.9B |
| Non-Discretionary | 710 | $123.4M |
| Total | 14,038 | $4.0B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 6,007 | $2.0B |
| HNW Individuals | 938 | $1.9B |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 45 | $91.0M |
| Charitable organizations | 14 | $18.9M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 11 | $4.4M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 13328 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting services |
|---|---|
| Compensation | % of AUMFixed fees |
Identifiers
| SEC RIA File Number | 801-28092 |
|---|---|
| SEC ERA File Number | 801-28092 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 110767 |
| Legal Entity Identifier | None |
Principal Office
ONE TOWNE SQUARESUITE 444
SOUTHFIELD
MI
United States
Monday - Friday, 8AM - 5PM
Tel: 248-350-8543, Fax: 248-350-0115
Chief Compliance Officer
KATHY HARKLEROAD
ONE TOWNE SQUARE
SUITE 444
SOUTHFIELD
MI
United States
Tel:
248-350-8543
Fax:
248-350-0115
K**********@************M
(Full email address available in API data)
Regulatory Contact
CHRISTOPHER M KOSTIZ
PRESIDENT
ONE TOWNE SQUARE
SUITE 444
SOUTHFIELD
MI
United States
Tel:
248-350-8543
Fax:
248-350-0115
C******@************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| RATHKA, RAYMOND, AUGUST | Individual | – | TRUSTEE | 08/1986 | 10-25% |
| ADVANCE CAPITAL GROUP, INC. | Domestic Entity | – | HOLDING CO. OWNER | 08/1986 | 50-75% |
| RATHKA, RAYMOND, AUGUST | Individual | ADVANCE CAPITAL GROUP INC., EMPLOYEE STOCK OWNERSHIP PLAN | SHAREHOLDER | 08/1986 | |
| KOSTIZ, CHRISTOPHER, MICHAEL | Individual | – | PRESIDENT | 10/2004 | < 5% |
| KATYNSKI, JULIE, ANN | Individual | – | CHIEF FINANCIAL OFFICER | 10/2004 | < 5% |
| HARKLEROAD, KATHY, JO | Individual | – | CHIEF OPERATIONS OFFICER & CHIEF COMPLIANCE OFFICER | 10/2004 | < 5% |
| ADVANCE CAPITAL GROUP INC., EMPLOYEE STOCK OWNERSHIP PLAN | Domestic Entity | ADVANCE CAPITAL GROUP, INC. | ESOP | 03/2007 | 50-75% |
| THEISEN, JOSEPH, ROBERT | Individual | – | VICE PRESIDENT | 10/2010 | < 5% |
| MALONE, GERALD, WALKER | Individual | – | TRUSTEE | 10/2020 | < 5% |
| KLEBER, ROBERT, LAWRENCE | Individual | – | TRUSTEE | 10/2020 | < 5% |
| SHOEMAKER, JOHN, CALVIN | Individual | – | TRUSTEE | 04/2006 | < 5% |
| CAPPELLI, ROBERT, JOSEPH | Individual | – | TRUSTEE | 04/2006 | < 5% |