Advance Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers. Financial planning was provided to 14,000 clients last fiscal year.
Advance Capital Management reports 7,365 clients. They include 5,756 individual clients, 1,531 high-net-worth individuals, and 47 pension and profit-sharing plans. Of its assets, 98.5% ($4.9B across 14,162 accounts) are managed with discretion; $76.2M across 673 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 78% | 39% |
| High-net-worth individuals | 21% | 60% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | <1% | <1% |
| Other client typesOther | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 5,756 | $1.93B | 38.7% | $335K |
| High-net-worth individuals | 1,531 | $2.98B | 59.8% | $1.95M |
| Pension and profit-sharing plans | 47 | $39.9M | 0.8% | $850K |
| Charitable organizations | 16 | $24.5M | 0.5% | $1.53M |
| Corporations and other businesses | 13 | $10.2M | 0.2% | $788K |
| Other | 2 | $30.9K | 0.0% | $15.5K |
| Total | 7,365 | $4.98B | 100% | $676K |
- Clients
- 5,756
- Regulatory AUM
- $1.93B
- AUM share
- 38.7%
- Avg. per client
- $335K
- Clients
- 1,531
- Regulatory AUM
- $2.98B
- AUM share
- 59.8%
- Avg. per client
- $1.95M
- Clients
- 47
- Regulatory AUM
- $39.9M
- AUM share
- 0.8%
- Avg. per client
- $850K
- Clients
- 16
- Regulatory AUM
- $24.5M
- AUM share
- 0.5%
- Avg. per client
- $1.53M
- Clients
- 13
- Regulatory AUM
- $10.2M
- AUM share
- 0.2%
- Avg. per client
- $788K
- Clients
- 2
- Regulatory AUM
- $30.9K
- AUM share
- 0.0%
- Avg. per client
- $15.5K
Total
- Clients
- 7,365
- Regulatory AUM
- $4.98B
- AUM share
- 100%
- Avg. per client
- $676K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 14000
Advance Capital Management charges 0.65%–1.00% a year for its Individuals. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.00% |
| $500K–$1M | 0.80% |
| $1M and above | 0.65% |
Fee details and sources
Advance Capital Group, Inc. owns 50% to 75% of Advance Capital Management and is in turn owned by Advance Capital Group Inc., Employee Stock Ownership Plan (75% or more). The leadership team of Advance Capital Management includes President Christopher Kostiz and Chief Financial Officer Julie Katynski. It has 62 employees, 29 of them in advisory roles.
Leadership
- Christopher KostizPresident
- Joseph TheisenVice President
- Julie KatynskiChief Financial Officer
- Elizabeth GardnerChief
- Robert KleberTrustee
- Stephanie LawrenceChief Operations Officer
- Gerald MaloneTrustee
- Raymond RathkaTrustee
Investment adviser representatives
31 representatives listed in the SEC register as of 9 October 2026.
- Emily Patricia Cely
- Luis Alejandro Cely
- Patrick Coleman Cummins
- Megan Kaylyn Grace de Jong
- Connor Nelson Faix
- David R Forshew
- Benjamin Beck Hall
- William Reed Hickerson
- Michael Steven Hohf
- Terra Rose Hohf
- Robert Lawrence Kleber
- Christopher Michael Kostiz
- Jeffrey Nicholas Lido
- Gregory Orlo Mackenzie
- Gerald Walker Malone II
- Lara Beth Mazek
- Sean Kenneth McDonnell
- Daniel David McHugh
- Kurt William Mears
- Cullen Patrick Prena
- Carly Kaitlin Purcell
- Ryan B Sheffer
- Ian Robert Hulen Smith
- Chad Thomas Theisen
- Joseph Robert Theisen
- Ryan Joseph Theisen
- Derek A Van Solkema
- Jared David Vandenberg
- Vincent Albert-Frank Vitale
- Mark Gerard Wayton
- Samantha Ann Williams
Staff
- 62 employees
- 29 in advisory functions
- 29 state-registered reps
- 1 soliciting firm
- Owns 50% to 75% of Advance Capital Management Inc
Advance Capital Group, Inc.
Control person · since August 1986
- Owns 75% or more of Advance Capital Group, Inc.
Advance Capital Group Inc., Employee Stock Ownership Plan
Control person · since March 2007
- Owns 10% to 25% of Advance Capital Management Inc
Raymond Rathka
Control person · since August 1986
Advance Capital Management’s regulatory assets grew from $3.45B (March 2021) to $4.98B (March 2026); clients rose from 6,103 to 7,365 and employees from 50 to 62.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $4.98B | 7,365 | 62 | 8 |
| June 2025 | $4.5B | 6,882 | 55 | 8 |
| June 2024 | $4.02B | 7,015 | 53 | 8 |
| June 2023 | $3.57B | 6,815 | 54 | 8 |
| March 2022 | $4.07B | 6,638 | 54 | 5 |
| March 2021 | $3.45B | 6,103 | 50 | 5 |
Besides its headquarters, Advance Capital Management has 7 offices, with 8 listed addresses across 4 states.
Michigan · 5 listed addresses
- One Towne Square, Suite 444, SouthfieldHQ
- 455 E. Eisenhower Pkwy, Ann Arbor
- 4800 Fashion Square BLVD., Saginaw
- 800 South Garfield Ave, Traverse City
- 625 Kenmoor Avenue Se, Grand Rapids
Illinois · 1 listed address
- 4225 Naperville RD., Lisle
Ohio · 1 listed address
- 5005 Rockside Road, Independence
Texas · 1 listed address
- Regus - Downtown Republic Center, Dallas
Contact and registration details
- Legal name
- Advance Capital Management Inc
- Headquarters
- One Towne Square, Suite 444, Southfield, MI 48076
- Website
- acadviser.com
- Phone
- 248-350-8543
- @advance-capital_2
- SEC file
- 801-28092
- Structure
- Michigan corporation
- Fiscal year end
- December
Advance Capital Management uses Charles Schwab ($4.99B) as custodian for its separately managed accounts. Advance Capital Management has custody of client assets.
The filed custodian amounts total more than regulatory assets under management. Each amount is shown as filed.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $4.99B100%
At year end, Advance Capital Management’s separately managed accounts were mostly in funds (96%). Its reported 13F holdings for the quarter ended 30 June 2026 total $3.09B across 197 positions; the largest are Capital Group Dividend Value (17.0%), Capital Group Core Balanced (14.8%) and SPDR Series Trust (14.7%).
What the accounts hold
- Stocks2%
- Funds96%
- Cash2%
Reported 13F holdings
- $3.09B
- Reported 13F value
- 197
- Positions
- 83.3%
- In the 10 largest
- +17.2%
- Value vs. prior quarter
- Capital Group Dividend Value · Shs Creat Unit17.0%
- Capital Group Core Balanced14.8%
- SPDR Series Trust · ST Str P500etf14.7%
- Vanguard Malvern Fds · Core BD ETF9.6%
- Pimco ETF TR · Multisector BD6.5%
- American Centy ETF TR · Intl EQT ETF5.3%
- Capital Group Growth ETF · Shs Creat Unit4.3%
- Fidelity Covington Trust · Enh Mid Cor ETF4.3%
- iShares TR · US Sml Cap EQT4.3%
- Janus Detroit Str TR · Henderson Mtg2.6%
Together, the ten largest are 83.3% of reported value.
How many clients does Advance Capital Management have?
Advance Capital Management has 7,365 clients and manages $4.98 billion for them, as of March 2026. They include 5,756 individual clients, 1,531 high-net-worth individuals, and 47 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does Advance Capital Management offer?
Advance Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Advance Capital Management charge?
Advance Capital Management charges 0.65%–1.00% a year for its Individuals. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
Which custodians does Advance Capital Management use?
Advance Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $4.99B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026
How many financial advisors does Advance Capital Management have?
Advance Capital Management has 29 investment adviser representatives registered with state securities authorities, out of 62 employees, and 29 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Advance Capital Management invest in?
At the end of its last fiscal year, Advance Capital Management’s separately managed accounts held 96% registered funds (mutual funds, ETFs, BDCs), 2% exchange-traded equities and 2% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Advance Capital Management?
Advance Capital Management is owned through a holding company by Advance Capital Group Inc., Employee Stock Ownership Plan. Its direct owners are Raymond Rathka (10% to 25%) and Advance Capital Group, Inc. (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does Advance Capital Management get paid?
Advance Capital Management is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Advance Capital Management registered with the SEC?
Yes, Advance Capital Management has been registered with the SEC as an investment adviser since 9 October 1986. Its CRD number is 110767 and its SEC file number is 801-28092.
Source: Form ADV Part 1A, Item 1, filed 26 March 2026; IAPD firm record
How do I contact Advance Capital Management?
Advance Capital Management’s main office is at One Towne Square, Suite 444, Southfield, MI 48076. Its phone number is 248-350-8543. Its website is acadviser.com.