Plante Moran Ranks Fifth on Forbes Top 100 RIA Firms

Plante Moran’s culture is built on strong values and upholding key principles in order to better serve their clients. According to John Lesser, President of Plante Moran Financial Advisors, client satisfaction and a holistic investing approach are the main driving factors behind his firm’s success.

Established in 1924, Plante Moran is one of the nation’s largest registered investment advisory firms currently managing $11.5 billion in assets and over 2,500 accounts. Dedicated to serving all clients from individual investors to large corporations, Plante Moran offers a client-first mentality to support various investment objectives. Their holistic investment practices provide individuals, families, foundations, endowments, and corporate benefit plan sponsors a client-first approach based on the collaboration of experienced Plante Moran team members.

In order to adapt to the marketplace, Lesser explains that Plante Moranhas developed strategic business units to serve various types of investors. Tax policy, interest rates, and the future of the economy have also become dominant trends that are raising questions for investors. These concerns ultimately lead to investors thinking about long-term financial situations such as estate planning and wealth transfer.

Plante Moran offers comprehensive wealth management services, and strives to serve as personal CFO’s for clients and guide them towards investment success on a holistic basis. Historically, Plante Moran utilizes both active and passive investment strategies, and is currently 80/20 passive/active.

Forbes and RIA Channel’s 2016 Top 100 RIA Firms ranking recognizes wealth management firms by growth in assets over the past 10 years. In order to be considered for the ranking, each firm must be a registered investment advisor with the SEC, provide wealth management services, and primarily serve individual clients. As the RIA market continues to develop, RIA Database, sister company to RIA Channel, continues to adapt its ranking criteria to reflect the market environment. This year, Plante Moran ranked fifth on for the Top 100 RIA firms with $7.5 billion in asset growth over the last 10 years. In 2015, Plante Moran was ranked eighth with just under $11 billion in total assets under management.