Awards or inclusion on ranking lists are not indicative of Plante Moran Financial Advisors’ future performance or representative of any one client’s experience.
Accounting Today’s 2023 Top Firms by AUM. Accounting Today’s annual ranking of CPA firms by assets under management, received submissions from more than 200 firms. Such a large number of firms means, among other things, wide diversity in practice structure and in the information submitted. In most cases — but not all — firm names are those of the financial planning subsidiary, not the affiliated CPA firm. Firms have reported either their overall chief executive or the leader of the planning practice. For simplicity’s sake, Accounting Today has listed both under “chief executive,” though many bear different titles. In cases where a leader wasn’t identified, Accounting Today identified the leader of the planning practice from public sources (usually the firm’s website), where available. Many firms gave a date for the AUM figure they submitted; these varied widely, from the date of submission to a recent quarter-end, but in no case was it earlier than year-end. In cases where a planning firm is a subsidiary of a larger CPA firm, reporting practice varies: Some report staff figures for just the subsidiary, some just for the overall CPA firm, and some for both. In cases where Accounting Today had a choice, they published figures from just the planning subsidiary. In addition, while most of the chief executives listed lead the planning practice, in some cases firms reported the managing partner of the larger CPA firm. Plante Moran Financial Advisors paid no applicable fees to participate in the ranking process.
Barron’s 2023 Top 100 RIA Firms. Barron’s annual ranking of independent advisory companies is based on assets managed by the firms, technology spending, staff diversity, succession planning, and other metrics. Advisors who wish to be ranked fill out a 102-question survey about their practice. Barron’s verifies that data with the advisors’ firms and with regulatory databases and then applies their rankings formula to the data to generate a ranking. The formula features three major categories of calculations: 1) assets, 2) revenue, and 3) quality of practice. In each of those categories, Barron’s does multiple subcalculations. Plante Moran Financial Advisors paid no applicable fees to participate in the ranking process.
Crain's Detroit Business 2023 Largest Money Managers. Crain’s Detroit Business’ annual list is a compilation of the largest money managers based on assets under management as of Dec. 31, 2022. To quality, firms generally must be headquartered within Wayne, Oakland, Macomb, Washtenaw, and Livingston counties in Michigan. Plante Moran Financial Advisors paid no applicable fees to participate in the ranking process.
Crain’s 2022 Notable Money Managers. The leaders featured in this Notable Money Managers report were nominated by their peers. A team of Crain’s Detroit Business editors then selected honorees based on their career accomplishments, track record of success in their field, contributions to their community and mentorship, as outlined in the detailed nomination and candidate forms. Plante Moran Financial Advisors paid no applicable fees to participate in the ranking process.
Crain’s 2020 Notable Women in Finance. The women featured in this Notable Women in Finance report were selected by a team of Crain’s Detroit Business editors based on their career accomplishments, track record of success in the field, contributions to their community and mentorship of others, as outlined in a detailed nomination form. Plante Moran Financial Advisors paid no applicable fees to participate in the ranking process.
Financial Advisor Magazine’s 2023 RIA Survey and Ranking. Financial Advisor Magazine’s RIA Survey & Ranking report is an annual survey that ranks firms based on their total discretionary and nondiscretionary assets reported on their Form ADV and the percentage growth in assets. Financial Advisor Magazine is a significant publication targeted to financial professionals that aims to deliver essential market information and strategies to help advisors better serve their clients and grow their firms. The report is a prominent industry ranking of independent RIA growth. Firm size doesn’t imply a certain level of skill. Plante Moran Financial Advisors paid no applicable fees to participate in the ranking process.
Forbes 2023 America’s Top RIA Firms. Developed by SHOOK Research, Forbes America’s Top 100 RIA Firms is based on an algorithm of qualitative criteria, mostly gained through telephone, virtual, and in-person due diligence interviews and quantitative data. The algorithm weighs factors like revenue trends, assets under management, compliance records, industry experience, and those that encompass best practices and approach to working with clients. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK receive a fee in exchange for rankings.
Forbes 2024 Best-In-State Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Neither Forbes or SHOOK receive a fee in exchange for rankings.