Wealth management in Michigan involves firms that provide financial guidance, investment strategies, and personalized planning for individuals and families. Companies in this sector range from large, established banks to smaller, boutique advisory firms,each tailoring their services to clients' unique financial goals. As technology integrates into this space, many firms are enhancing their digital platforms, offering greater flexibility and access to financial tools. The growing emphasis on personal relationships and holistic, tailored services highlights a shift towards more client-focused approaches in wealth management.

This list features a mix of families and private firms across Michigan, from localities like Bloomfield Hills to Grand Rapids. Spanning over seven decades in establishment years, the companies vary in size, managing anywhere from several million to billions in assets. These firms, which specialize in sectors such as investment management and estate planning, showcase the rich tapestry of wealth management capabilities available in Michigan. They exemplify the industry's blend of traditional values and modern financial strategies.

Read on to discover the top wealth management companies in Michigan.

Top 19 Wealth Management Companies in Michigan

1. Allianz Bank Financial Advisors

• Website: allianzbank.it
• Ownership type: Private
• Headquarters: Milan, Michigan, United States (USA)
• Employee distribution: Italy 100%
• Founded year: 1970
• Headcount: 501-1000
• LinkedIn: allianzbank

Allianz Bank Financial Advisors, based in Milan, Italy, is a private financial advisory firm founded in 1970. With a workforce of over 1,600 employees, the company specializes in investment management, wealth protection, and personal financial planning. They cater primarily to individual clients, helping them secure their financial futures through customized investment strategies. The firm is part of the Allianz Group, a global leader in insurance and financial services, which enhances its credibility and resource access. Allianz Bank Financial Advisors emphasizes the importance of financial education, offering various programs and initiatives to empower both clients and financial advisors. Their focus on wealth management is evident in their comprehensive service offerings, which include capital protection, retirement planning, and tailored investment solutions.

2. Schechter

• Website: schechterwealth.com
• Ownership type: Family Owned
• Headquarters: Birmingham, Michigan, United States (USA)
• Employee distribution: United States (USA) 96%, United Kingdom (UK) 4%
• Founded year: 1939
• Headcount: 51-200
• LinkedIn: schechter-wealth

Schechter is a wealth management firm based in Birmingham, Michigan, with a rich history dating back to 1939. As a family-owned business, they have cultivated a strong reputation for providing comprehensive financial services tailored to high-net-worth individuals and families. Their offerings include investment portfolio management, estate planning, tax strategies, and philanthropic planning. Schechter prides itself on its independence, which allows them to create customized financial plans without the constraints of financial institutions. With a team of experts that includes JDs, CPAs, and CFA charterholders, they are well-equipped to navigate complex financial landscapes. As of mid-2024, Schechter manages approximately $3.6 billion in assets, serving clients across 48 states and countries. Their commitment to client service and innovative solutions has earned them accolades, including recognition as one of the top RIA firms by USA Today and Worth.

3. Greenleaf Trust

• Website: greenleaftrust.com
• Ownership type: Private
• Headquarters: Kalamazoo, Michigan, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Crowdfunding, December 2011
• Founded year: 1998
• Headcount: 51-200
• LinkedIn: greenleaf-trust

Greenleaf Trust is a wealth management firm based in Kalamazoo, Michigan, founded in 1998. The company specializes in providing a broad spectrum of financial services, including trust administration, retirement planning, and family office services. With a dedicated team of approximately 200 professionals, Greenleaf Trust serves individuals, families, and organizations, helping them navigate their financial journeys with a focus on personalized service and fiduciary responsibility. The firm prides itself on its independence, which allows it to operate without conflicts of interest, ensuring that client well-being is at the forefront of every decision. Greenleaf Trust has built a reputation for high client satisfaction, boasting a 99% retention rate. Their commitment to community involvement and continuous improvement further underscores their role as a trusted partner in wealth management.

4. Cassa Lombarda

• Website: cassalombarda.it
• Ownership type: Private
• Headquarters: Milan, Michigan, United States (USA)
• Employee distribution: Italy 100%
• Founded year: 1923
• Headcount: 51-200
• LinkedIn: cassa-lombarda

Cassa Lombarda, established in 1923, is a private bank based in Milan, Italy. The bank specializes in wealth management and private banking services, catering primarily to high-net-worth individuals and businesses. Their offerings include portfolio management, advisory services, insurance solutions, and comprehensive banking products. Cassa Lombarda prides itself on delivering personalized service, ensuring that each client receives tailored financial solutions that align with their specific goals. The bank is part of an international group that includes PKB Private Bank SA, enhancing its capabilities in asset management and fiduciary services. Recently, Cassa Lombarda was awarded at the Private Banking Awards 2023, highlighting its innovative business model and commitment to excellence in wealth management.

5. OLV Investment Group

• Website: olvinvest.com
• Ownership type: Family Owned
• Headquarters: Flint, Michigan, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2012
• Headcount: 11-50
• LinkedIn: olvinvest

OLV Investment Group, based in Flint, Michigan, is a financial advisory firm that has been operating since 2012. The company specializes in wealth management, investment advisory, and financial planning, catering to the needs of individuals and families. With a team of dedicated professionals, OLV Investment Group focuses on creating tailored strategies that help clients navigate their investment decisions and achieve their financial objectives. The firm operates multiple branches across Michigan and Texas, enhancing its accessibility to clients. OLV Investment Group prides itself on its client-centric approach, which involves understanding each client's personal values and financial goals. This commitment to personalized service has fostered long-lasting relationships and a strong reputation within the industry. The firm is a registered investment adviser and offers a range of services, including alternative investments and strategic financial planning, to support clients in building their financial futures.

6. NPF Investment Advisors

• Website: npfinvest.com
• Ownership type: Private
• Headquarters: Grand Rapids, Michigan, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1933
• Headcount: 11-50
• LinkedIn: norris-perne-%26-french-llp

NPF Investment Advisors, based in Grand Rapids, Michigan, is a private investment advisory firm that has been serving clients since 1933. With a dedicated team of experienced financial planners and investment advisors, the firm specializes in providing tailored financial planning and wealth management services. They assist a wide range of clients, including individuals, families, and businesses, in navigating the complexities of financial life. Their services cover essential areas such as retirement income planning, tax optimization, estate planning, and charitable giving strategies. NPF Investment Advisors prides itself on its personalized approach, ensuring that each client receives a comprehensive and customized financial blueprint. The firm has built a reputation for its commitment to client success, managing approximately $2.0 billion in assets across 30 states. Their focus on philanthropy and community involvement further highlights their dedication to enriching the lives of their clients and the broader community.

7. Schwartz & Co.

• Website: gjsco.com
• Ownership type: Family Owned
• Headquarters: Bloomfield Hills, Michigan, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1976
• Headcount: 11-50
• LinkedIn: schwartzandco

Schwartz & Co., founded in 1976 by Gregory J. Schwartz, Sr., is a financial advisory firm based in Bloomfield Hills, Michigan. The firm specializes in investment banking, wealth management, and retirement planning services. With a team of 43 professionals, including Gregory's five sons, Schwartz & Co. combines family values with professional expertise to serve a variety of clients, including individuals, families, and institutions. Their approach is characterized by customized strategies aimed at helping clients navigate financial challenges and achieve their investment goals. The firm has a strong commitment to client service, as evidenced by positive feedback from clients who appreciate the personalized attention and insightful guidance they receive. Schwartz & Co. has also expanded its footprint by opening a second location in Naples, Florida, reflecting its growth strategy and dedication to serving clients across the United States.

8. Zhang Financial

• Website: zhangfinancial.com
• Ownership type: Family Owned
• Headquarters: Portage, Michigan, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1991
• Headcount: 51-200
• LinkedIn: zhang-financial

Zhang Financial, based in Portage, Michigan, is a family-owned financial advisory firm that specializes in wealth management and investment advisory services. Founded in 1991, the firm has built a reputation for providing personalized financial planning and investment management to high-net-worth individuals and families. Operating under a fee-only model, Zhang Financial ensures that its clients receive unbiased advice, free from conflicts of interest that can arise from commission-based structures. The firm has garnered significant industry recognition, with Charles Zhang being ranked #1 on Barron's list of America's Top Independent Financial Advisors for 2024 and Lynn Chen-Zhang being named one of the top 100 most influential financial advisors by Investopedia in 2023. With over $6 billion in assets under management, Zhang Financial is committed to ethical practices and has made substantial contributions to charitable organizations, reflecting its dedication to community engagement. The firm is a proud member of the National Association of Personal Financial Advisors (NAPFA), further underscoring its commitment to high standards in financial advising.

9. VantagePointe Financial Group

• Website: vpfgroup.com
• Ownership type: Private
• Headquarters: Grand Rapids, Michigan, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1992
• Headcount: 51-200
• LinkedIn: vantagepointe

VantagePointe Financial Group, based in Grand Rapids, Michigan, is a financial services firm that specializes in comprehensive financial planning, wealth management, and investment services. Founded in 1992, the company serves a wide array of clients, including individuals, families, business owners, and corporations. Their mission is to provide quality financial guidance and build relationships of trust, helping clients achieve their financial goals while managing risks effectively. The firm prides itself on its team of professionals, many of whom hold respected financial designations such as Certified Financial Planner™ (CFP®) and Chartered Life Underwriter (CLU). VantagePointe offers a full range of services, including retirement planning, estate analysis, and risk management, ensuring that they address the unique needs of each client. Their commitment to community support further underscores their dedication to making a positive impact beyond financial services.

10. Fratarcangeli Wealth Management

• Website: fratarcangeliwealth.com
• Ownership type: Private
• Headquarters: Bloomfield Hills, Michigan, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2014
• Headcount: 11-50
• LinkedIn: fratarcangeli-wealth-management

Fratarcangeli Wealth Management, based in Bloomfield Hills, Michigan, is a private wealth management firm that specializes in investment advisory services tailored for high net worth individuals, families, and institutional clients. Established in 2014, the firm has quickly built a reputation for its personalized approach to financial planning. They focus on creating customized strategies that help clients achieve their investment goals while effectively managing their wealth. With a team of dedicated professionals, Fratarcangeli Wealth Management emphasizes the importance of long-term relationships over transactional interactions. Their services include a wide array of financial products, from estate planning to investment management, and they have been recognized by notable publications such as Forbes and Barron’s for their excellence in the industry. The firm operates across multiple states, including Michigan, Florida, Indiana, and New York, showcasing their commitment to serving a broad client base. Their founder, Jeffrey Fratarcangeli, brings decades of experience to the firm, further enhancing its credibility and expertise in wealth management.

11. Credem Euromobiliare Private Banking

• Website: credemeuromobiliarepb.it
• Ownership type: Private
• Headquarters: Milan, Michigan, United States (USA)
• Employee distribution: Italy 100%
• Founded year: 1973
• Headcount: 201-500
• LinkedIn: banca-euromobiliare

Credem Euromobiliare Private Banking, established in 1973, is a financial advisory firm based in Milan, Michigan, USA. The company operates under private ownership and employs between 201 to 500 professionals, all located in Italy. They provide a range of services tailored to high-net-worth individuals and businesses, including corporate finance advisory, asset management, estate planning, and banking services. Their approach emphasizes personalized wealth management solutions, ensuring that clients receive tailored advice to effectively manage their investments and financial strategies. The firm is part of the Credem Group, which enhances its credibility and resource access. Credem Euromobiliare has also been recognized for its innovative practices, such as launching a flagship store in the Metaverse, showcasing their forward-thinking approach in the financial sector.

12. Cornerstone Financial Services, LLC

• Website: cornerstone-mi.com
• Ownership type: Private
• Headquarters: Southfield, Michigan, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2011
• Headcount: 11-50
• LinkedIn: cornerstone-mi-financial-services-llc

Cornerstone Financial Services, LLC, based in Southfield, Michigan, is a financial services firm established in 2011. With a team of 15 professionals, the company focuses on private wealth management, estate planning, and corporate strategies. They serve a select clientele, including high-income earners, late-stage retirement savers, and successful business owners. Cornerstone emphasizes a personalized approach to financial planning, utilizing their proprietary Cornerstone ROADMAP 360 method to create detailed financial roadmaps for clients. Their services extend beyond traditional wealth management to include comprehensive strategies for retirement, investment, insurance, and tax planning. The firm operates under a fee-only model, ensuring that their interests align with those of their clients. This independent structure allows them to provide unbiased advice, free from external influences. Cornerstone's commitment to high fiduciary standards and a holistic view of financial management positions them as a relevant player in the wealth management industry.

13. Telemus

• Website: telemus.com
• Ownership type: Private
• Headquarters: Southfield, Michigan, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2005
• Headcount: 11-50
• LinkedIn: telemus-capital-partners

Founded in 2005 and based in Southfield, Michigan, Telemus is a private financial advisory firm that specializes in financial life management. The firm offers a range of services, including investment management, risk protection, and comprehensive financial counseling. Telemus serves a variety of clients, from new investors to wealthy families and institutional investors, helping them navigate their financial journeys. The firm prides itself on its personalized approach, ensuring that each client receives tailored advice that aligns with their unique financial goals. Telemus also provides a Virtual Family CFO service, which integrates various financial management tasks into a cohesive strategy. This service is particularly beneficial for clients with complex financial situations, as it allows for better oversight and management of their financial affairs. Telemus has built a reputation for its commitment to client peace of mind and long-term financial success, making it a notable player in the wealth management industry.

14. LVM Capital Management

• Website: lvmcapital.com
• Ownership type: Private
• Headquarters: Portage, Michigan, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1988
• Headcount: 11-50
• LinkedIn: lvm-capital-management

LVM Capital Management, based in Portage, Michigan, is a private wealth management firm that has been operational since 1988. The company specializes in personalized financial planning and investment management services, catering to a wide range of clients, including individuals, families, foundations, and institutions. LVM operates under a fee-only model, which means they do not sell financial products, allowing them to prioritize their clients' interests without conflicts of interest. The firm has expanded its services over the years, integrating financial planning with investment management to provide a holistic approach to wealth management. Their team consists of highly credentialed professionals who work closely with clients to develop customized investment strategies and financial plans. LVM Capital Management serves clients across more than 20 states, showcasing their reach and commitment to client service. They also engage in community support and offer educational resources, such as a podcast and newsletters, to keep clients informed about market trends and financial strategies.

15. Legacy Wealth Management

• Website: legacy-wm.net
• Ownership type: Private
• Headquarters: Grosse Pointe, Michigan, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1998
• Headcount: 1-10
• LinkedIn: legacywealthmanagement

Legacy Wealth Management, founded in 1998, is a private wealth management firm based in Grosse Pointe, Michigan. The company specializes in providing comprehensive financial services tailored to the unique needs of affluent families, entrepreneurs, and business executives. Their offerings include investment management, estate planning, and financial counsel, all aimed at preserving and growing wealth for future generations. With a team of experienced professionals, Legacy Wealth Management operates as a family office, coordinating with legal, insurance, estate, business, and tax specialists to ensure a seamless experience for clients. The firm has received accolades such as the Forbes Best-In-State Wealth Management Teams recognition for 2023 and 2024, highlighting their commitment to client success and satisfaction. They manage over $2 billion in assets, which allows them to provide institutional-quality investment opportunities. Legacy Wealth Management also emphasizes community involvement, engaging in philanthropic initiatives to support local charities and promote financial literacy.

16. Arcadia Capital

• Website: investarcadia.com
• Ownership type: Family Owned
• Headquarters: Saline, Michigan, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1986
• Headcount: 11-50
• LinkedIn: baughman-capital-management

Arcadia Capital, based in Saline, Michigan, is a family-owned wealth management firm founded in 1986. The firm specializes in providing a range of financial services tailored to individuals and families. Their offerings include investment management, financial planning, tax strategy, and estate planning. Arcadia Capital prides itself on a personalized approach, ensuring that each client receives strategies that align with their specific financial goals. The firm operates under a fiduciary standard, placing client interests at the forefront of their services. With a team boasting over 100 years of combined experience, Arcadia Capital has established a reputation for integrity and proactive communication. They have also been recognized in notable industry rankings, including Forbes and Barron’s, which highlights their credibility and relevance in the wealth management field.

17. Tri-Star Trust

• Website: tristartrust.com
• Ownership type: Private
• Headquarters: Saginaw, Michigan, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2000
• Headcount: 51-200
• LinkedIn: tri-star-trust

Tri-Star Trust, based in Saginaw, Michigan, is a private wealth management firm that has been operational since 2000. With a team of approximately 67 employees, the company specializes in financial planning and investment management services tailored to individuals, businesses, and non-profit organizations. Tri-Star Trust emphasizes a personalized approach, aiming to understand each client's unique vision for their financial future. They provide a range of services, including wealth management, financial planning, 401(k) solutions, and trust administration. The firm is also dedicated to philanthropy, actively engaging in community support through their Tri-Star Charitable Foundation. This commitment to giving back is woven into their corporate culture, enhancing their reputation and fostering strong client relationships. Tri-Star Trust's focus on navigating significant life changes for clients positions them as a thoughtful and relevant player in the wealth management industry.

18. Blue Chip Partners

• Website: bluechippartners.com
• Ownership type: Corporate
• Headquarters: Farmington Hills, Michigan, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: March 2016
• Founded year: 2004
• Headcount: 11-50
• LinkedIn: blue-chip-partners-inc.

Blue Chip Partners, based in Farmington Hills, Michigan, is a financial advisory firm founded in 2004. The company specializes in wealth management and personalized financial planning, focusing on individuals and families with significant assets. Their services include investment management, retirement planning, tax planning, and estate planning, all tailored to meet the unique needs of their clients. With a team of highly credentialed professionals, Blue Chip Partners emphasizes a concierge-level service that aims to create a personalized client experience. They have been recognized for their excellence, being ranked the #1 financial firm in Michigan and 82nd nationally by USA TODAY in 2024. The firm manages over $1.5 billion in client assets, showcasing their capability in the wealth management sector. Their approach combines technical expertise with a commitment to client education and proactive communication, ensuring that clients are well-informed and engaged in their financial journeys.

19. Arbor Trust Wealth Advisors

• Website: arbortrust.com
• Ownership type: Private
• Headquarters: Ann Arbor, Michigan, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2014
• Headcount: 11-50
• LinkedIn: arbor-trust-wealth-advisors

Arbor Trust Wealth Advisors, based in Ann Arbor, Michigan, is a private wealth management firm that specializes in comprehensive financial planning, investment strategies, and trust and estate planning services. Established in 2014, the firm has built a reputation for providing personalized advice tailored to the unique needs of its clients, which include private individuals, professionals, and business owners. Arbor Trust operates with a fiduciary standard, ensuring that their recommendations are always in the best interest of their clients. The firm prides itself on its deep experience, with a team of partners who bring decades of industry knowledge to the table. They focus on creating holistic wealth management strategies that integrate various aspects of financial life, including risk management, tax strategies, and philanthropic endeavors. Arbor Trust has not reported any funding, indicating that it operates independently and is self-sustaining. Their commitment to community and client relationships is evident in their approach, which emphasizes open communication and a deep understanding of clients' financial goals.

Wealth Management Insights: Key Companies in Michigan

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