Plante & Moran Financial Advisors Ltd Partnership (Southfield)


Plante & Moran Financial Advisors Ltd Partnership is a large advisory firm based in Southfield. It manages $5.34 billion of regulatory assets for 1,929 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Hawaii, and 9 other states.

Plante & Moran Financial Advisors Ltd Partnership provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for approximately 2,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Plante & Moran Financial Advisors Ltd Partnership: assets under management

The assets under management (AUM) of Plante & Moran Financial Advisors Ltd Partnership is $5.34 billion. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.68 billion in discretionary accounts and $2.67 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.29 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.39 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Plante & Moran Financial Advisors Ltd Partnership for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Plante & Moran Financial Advisors Ltd Partnership

Robert Murray Palmer has been acting as President since 1 Jul 1997. Llp P&M Holding Group joined the executive team most recently as the Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
William Louis Matthews Shareholder of general partnership 1 May 1993 Other 4386504
Joseph William Wentrack Shareholder of general partnership 1 May 1993 Other 4386507
Roland Peter Prokop Director of general partnership 1 May 1993 Other 4386509
Pmfa Inc General partner 1 May 1993 Other 38-3123123
A Michigan Co Partnership Plante & Moran Llp Limited partner 1 May 1993 75% - 100% 38-1357951
Llp P&M Holding Group Limited partner 1 May 1993 75% - 100% 38-1357951
James H Keller Director of general partnership 1 Sep 1996 Other 4386508
Robert Murray Palmer President 1 Jul 1997 Other 2661154
William Michael Hermann Director of general partnership 1 Sep 1997 Other 4386513
Leslie Murphy Shareholder of general partner 1 Dec 2001 Other 4574269
William Michael Hermann Shareholder of general partner 1 Dec 2001 Other 4386513
William Louis Matthew Director of general partnership 1 Aug 2002 Other 4386504
William Louis Matthews Director of general partner 1 Aug 2002 Other 4386504
Leslie Ann Murphy Director of general partner 1 Jun 2003 Other 4574269
Robert Murray Palmer Compliance officer 1 Jul 2004 Other 2661154
Dana Richardson Dawe Chief compliance officer 1 Mar 2005 Other 712708
James Proppe Director of general partner 1 Mar 2005 Other 5030014
Robert Murray Palmer Chief compliance officer 1 Oct 2006 Other 2661154
Patrick James Swarz Chief compliance officer 1 Dec 2006 Other 2554578
Llp P&M Holding Group Member 1 Jul 2008 75% - 100% 38-1357951
Robert Murray Palmer President, director 1 Jul 2008 Other 2661154
James Proppe Chairman of executive board 1 Jul 2008 Other 5030014
Gordon Krater Director 1 Jul 2008 Other 5612076

Based in Southfield

The principal office where Plante & Moran Financial Advisors Ltd Partnership performs its advisory services is located at 27400 Northwestern Hwy, Southfield, MI 48034, which is also the mailing address of the firm. An additional office of the firm is in Ann Arbor, MI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 248-223-3400 or by fax 248-352-0018. The normal business hours are 8:30 a.m. to 5:30 p.m. on Monday - Friday.