Sigma Investment Counselors, Inc. (Northville)


Sigma Investment Counselors, Inc. is a large advisory firm based in Northville. It manages $960.69 million of regulatory assets for 628 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of California, Florida, Illinois, and 5 other states.

Sigma Investment Counselors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 499 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sigma Investment Counselors: assets under management

The assets under management (AUM) of Sigma Investment Counselors, Inc. is $960.69 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 226% since the beginning of its operation, and $4.25 million of the total AUM is attributable to clients outside of the United States.

The firm manages $960.69 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.53 million each.
Sigma Investment Counselors has custody of $33.3 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 9% of the firm’s portfolio. Investments in non-exchange traded securities form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sigma Investment Counselors, Inc. for their services and products based on a percentage of assets under management 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.

What kind of clients Sigma Investment Counselors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Sigma Investment Counselors is high net worth individuals with 284 clients and $780.98 million of assets under management. Among the 9 most similar advisory firms, Sigma Investment Counselors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $960.69 million for 628 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Sigma Investment Counselors doesn't advise any private funds.

Careers at Sigma Investment Counselors, Inc.

The company employs 15 people that are either part- or full-time employees. 53 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Roger Neil Steed has served as the Chief Investment Officer since 1 Feb 2002. Shari Ann Bilkie joined the executive team most recently as the Chief Compliance Officer And President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Robert Michael Bilkie Chief executive officer, president and shareholder 1 Dec 1986 75% - 100% 4329932
Shari Ann Bilkie Chief compliance officer, secretary and treasurer 1 Dec 1986 Other 4329942
Robert Worst Hague Secretary/treasurer 1 Sep 1990 Other 4329919
David Bruce Bergman Portfolio manager 1 Feb 1991 Other 1221892
Ann Jacobwitz Conrad Portfolio manager 1 Feb 2002 Other 2681210
Roger Neil Steed Chief investment officer 1 Feb 2002 Other 1046542
Christopher John Kress Executive vice president and shareholder 1 Sep 2003 Other 4517923
Cheryl Ann Kotlarz Chief compliance officer 1 Sep 2003 Other 2166687
Kenneth Mark Bernard Chief technology officer 1 Sep 2003 Other 4713729
Denise Margolis Farkas Chief investment officer and shareholder 1 Feb 2007 Other 4346075
Christopher William Frayne Portfolio manager 1 Apr 2015 Other 5731116
Shari Ann Bilkie Chief compliance officer and president 1 Jul 2017 Other 4329942
Christopher William Frayne Director of wealth planning 1 Jul 2017 Other 5731116

Based in Northville

The principal office where Sigma Investment Counselors, Inc. performs its advisory services is located at 186 E Main Street, Northville, MI 48167, which is also the mailing address of the firm. An additional office of the firm is in Pepper Pike, OH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 248-223-0122 or by fax 248-223-0144. The normal business hours are 8:00 a.m.- 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at sigmainvestments.com.