Plante Moran financial advisors

Plante Moran Financial Advisors, LLC is an SEC‑registered investment adviser with roughly $25.1 billion in assets under management and a team of about 134 advisors that provides portfolio advisory, financial planning, and estate and tax‑related consulting to individuals, high‑net‑worth clients, and a range of institutional and business clients. The firm’s client base explicitly includes banks and thrift institutions and it offers both ongoing portfolio management and one‑time consulting engagements.

PMFA offers both discretionary and non‑discretionary portfolio advisory services, develops written investment policy statements and strategic asset allocations for clients, and may recommend separate account managers, hedge funds, ETFs, and other alternative investments as part of implementation. Notably, a majority of the firm’s reported AUM is managed on a non‑discretionary basis (about $15.0 billion non‑discretionary versus $10.1 billion discretionary), and the firm uses a proprietary equity market valuation model as part of its analysis.

The firm is affiliated with several related entities that expand its service set, including Plante Moran Realpoint Investment Advisors (a real estate securities adviser that also provides non‑RIA real estate consulting services), Plante Moran Trust, a corporate finance broker‑dealer affiliate, and an insurance agency, and it discloses related‑party arrangements and potential conflicts of interest associated with referrals and compensation within the enterprise. These affiliations, together with offering non‑discretionary real estate securities advice through an affiliate and serving institutional clients such as banks, distinguish PMFA’s operating model from many peer enterprise advisers.