The Advisory Group Of Michigan, Inc. (Bay City)

The Advisory Group Of Michigan, Inc. is an adviser based in Bay City. It manages $39.39 million of regulatory assets for 802 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Michigan.

The Advisory Group Of Michigan provides financial planning services, portfolio management for individuals and small businesses, and investment consulting. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

The Advisory Group Of Michigan: assets under management

The assets under management (AUM) of The Advisory Group Of Michigan, Inc. is $39.39 million. The firm's AUM has grown by 45% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $39.03 million in discretionary accounts and $351.38 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $56.65 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.11 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Advisory Group Of Michigan, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at The Advisory Group Of Michigan, Inc.

The Advisory Group Of Michigan, Inc. is owned by Teresa A Beiser. Edward Armond Beiser joined the executive team most recently as the President And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Edward Armond Beiser	President and chief compliance officer	1 Dec 1994	Other	824008
Teresa A Beiser	Owner	1 Dec 1994	75% - 100%	4845508

Based in Bay City

The principal office where The Advisory Group Of Michigan, Inc. performs its advisory services is located at 2500 Midland Road, Bay City, MI 48706, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.