Plante Moran Financial Advisors: Where No Two Solutions Are the Same
At Plante Moran Financial Advisors (PMFA), the sun rises and sets with our clients. We exist to serve them proactively — to anticipate their needs and respond with highly customized solutions. After all, no two clients’ wealth management goals are the same. As such, no two PMFA solutions are the same.
Since our inception in 1977, PMFA has focused on providing comprehensive financial planning services to high net worth families and individuals. Why? Because our clients asked for them. Over the past 30+ years, client demand has resulted in the addition of estate planning, investment consulting, business succession, charitable giving, and tax planning services. Most recently, it’s resulted in the formation of Plante Moran Trust and Plante Moran Insurance Agency.
Today, more than 120 PMFA staff members serve more than 1,500 high net worth individuals and families with more than $7 billion in assets. We strive to be their personal chief financial officer; we want to be their first call whenever there’s a financial decision to be made. This ability to be “on the same side of the table” requires a level of sophistication beyond mutual funds and investment consulting. Effective wealth management requires a holistic approach and resources comparable to the largest wirehouses in the country. PMFA can provide that level of sophistication.
For example, clients may come to us to determine if they’ll have enough money to retire at a particular age. This leads to a variety of other questions: how should assets be invested to achieve one’s goals? What should they be doing to ensure the transfer of wealth as quickly as possible? What kind of help do they need from an insurance standpoint? You can’t be an effective advisor if you’re not looking at the big picture.
Oftentimes, looking at the big picture means encouraging our clients to remain calm regarding short-term market fluctuations. These are turbulent economic times; it’s easy to react emotionally and make knee-jerk decisions. For example, many investors flock to a particular asset class that may be performing well. Rather than adhering to the “buy low, sell high” mantra, many people do exactly the opposite by “buying high” — buying whatever has recently performed best. Balance is key to an investment portfolio; thus, we constantly impress upon our clients the importance of adhering to a long-term plan.
Just as you wouldn’t run a business without a strategic plan or live your life without a roadmap of how you plan to meet long- and short-term objectives, it’s important for our clients to develop a wealth management strategy to assure they meet their short- and long-term financial objectives. And the great thing about the customized nature of what we do is that it can be as sophisticated as any particular client needs it to be. Every family has different values and different needs. We strive to understand those needs and customize a plan to align with them. Anything else is missing the boat entirely.
Since our inception in 1977, PMFA has focused on providing comprehensive financial planning services to high net worth families and individuals. Why? Because our clients asked for them. Over the past 30+ years, client demand has resulted in the addition of estate planning, investment consulting, business succession, charitable giving, and tax planning services. Most recently, it’s resulted in the formation of Plante Moran Trust and Plante Moran Insurance Agency.
Today, more than 120 PMFA staff members serve more than 1,500 high net worth individuals and families with more than $7 billion in assets. We strive to be their personal chief financial officer; we want to be their first call whenever there’s a financial decision to be made. This ability to be “on the same side of the table” requires a level of sophistication beyond mutual funds and investment consulting. Effective wealth management requires a holistic approach and resources comparable to the largest wirehouses in the country. PMFA can provide that level of sophistication.
For example, clients may come to us to determine if they’ll have enough money to retire at a particular age. This leads to a variety of other questions: how should assets be invested to achieve one’s goals? What should they be doing to ensure the transfer of wealth as quickly as possible? What kind of help do they need from an insurance standpoint? You can’t be an effective advisor if you’re not looking at the big picture.
Oftentimes, looking at the big picture means encouraging our clients to remain calm regarding short-term market fluctuations. These are turbulent economic times; it’s easy to react emotionally and make knee-jerk decisions. For example, many investors flock to a particular asset class that may be performing well. Rather than adhering to the “buy low, sell high” mantra, many people do exactly the opposite by “buying high” — buying whatever has recently performed best. Balance is key to an investment portfolio; thus, we constantly impress upon our clients the importance of adhering to a long-term plan.
Just as you wouldn’t run a business without a strategic plan or live your life without a roadmap of how you plan to meet long- and short-term objectives, it’s important for our clients to develop a wealth management strategy to assure they meet their short- and long-term financial objectives. And the great thing about the customized nature of what we do is that it can be as sophisticated as any particular client needs it to be. Every family has different values and different needs. We strive to understand those needs and customize a plan to align with them. Anything else is missing the boat entirely.
