CIG Asset Management provides financial planning, portfolio management for individuals and small businesses, and portfolio management for pooled vehicles. Financial planning was provided to 51–100 clients last fiscal year. The firm advises 1 private fund.
CIG Asset Management reports 158 clients. They include 56 pension and profit-sharing plans, 45 high-net-worth individuals, and 33 individual clients. Of its assets, 97.5% ($188M across 445 accounts) are managed with discretion; $4.8M across 25 accounts are not. A wrap fee program the firm both sponsors and manages holds $563M. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 21% | 7% |
| High-net-worth individuals | 28% | 74% |
| Pooled investment vehicles | 15% | 2% |
| Pension and profit-sharing plans | 35% | 16% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 33 | $13M | 6.8% | $395K |
| High-net-worth individuals | 45 | $143M | 74.3% | $3.18M |
| Pooled investment vehicles | 24 | $4.8M | 2.5% | $200K |
| Pension and profit-sharing plans | 56 | $31.6M | 16.4% | $563K |
| Total | 158 | $192M | 100% | $1.22M |
- Clients
- 33
- Regulatory AUM
- $13M
- AUM share
- 6.8%
- Avg. per client
- $395K
- Clients
- 45
- Regulatory AUM
- $143M
- AUM share
- 74.3%
- Avg. per client
- $3.18M
- Clients
- 24
- Regulatory AUM
- $4.8M
- AUM share
- 2.5%
- Avg. per client
- $200K
- Clients
- 56
- Regulatory AUM
- $31.6M
- AUM share
- 16.4%
- Avg. per client
- $563K
Total
- Clients
- 158
- Regulatory AUM
- $192M
- AUM share
- 100%
- Avg. per client
- $1.22M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 1
- Financial planning clients last fiscal year
- 51–100
CIG Asset Management charges 0.80%–2.50% a year for its Fee Based Program. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$250K | 2.50% |
| $250K–$500K | 2.00% |
| $500K–$750K | 1.80% |
| $750K–$1M | 1.50% |
| $1M–$1.5M | 1.00% |
| $1.5M and above | 0.80% |
Fee details and sources
Other fees
- Comprehensive Financial Plan
- A flat fee of $2,500 to $10,000, negotiated beforehand and based on expected hours at up to $500 an hour; further analysis is billed at up to $500 an hour.
Cig Capital Advisors (Formerly Cig Corp.) owns 75% or more of CIG Asset Management and is in turn owned by Osman Minkara (75% or more). Osman Minkara is CEO; the leadership team includes Chief Compliance Officer Kenneth Chaput. It has 8 employees, 5 of them in advisory roles.
Leadership
Osman MinkaraChief Executive Officer/President- Kenneth ChaputChief Compliance Officer
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
Staff
- 8 employees
- 5 in advisory functions
- 5 state-registered reps
- 4 broker-dealer reps
- 2 insurance agents
- Owns 75% or more of Cig Asset Management, Inc.
Cig Capital Advisors (Formerly Cig Corp.)
Control person · since October 2007
- Owns 75% or more of Cig Capital Advisors (Formerly Cig Corp.)
Osman Minkara
Control person · since October 2007
CIG Asset Management’s regulatory assets went from $189M (May 2021) to $192M (March 2026); clients fell from 230 to 158 and employees were 8 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $192M | 158 | 8 | 1 |
| April 2025 | $137M | 196 | 5 | 1 |
| March 2024 | $135M | 210 | 5 | 1 |
| April 2023 | $180M | 244 | 6 | 1 |
| July 2022 | $209M | 255 | 9 | 1 |
| May 2021 | $189M | 230 | 8 | 1 |
Besides its headquarters, CIG Asset Management has 0 offices, with 1 listed address in Michigan.
Michigan · 1 listed address
- One Towne Square, Suite 1850, SouthfieldHQ
Contact and registration details
- Legal name
- Cig Asset Management, Inc.
- Headquarters
- One Towne Square, Suite 1850, Southfield, MI 48076
- Website
- cigcapitaladvisors.com
- Phone
- 248-827-1010
- SEC file
- 801-66667
- Structure
- Michigan corporation
- Fiscal year end
- December
CIG Asset Management has custody of $3.58M in client assets for 11 clients.
At year end, CIG Asset Management’s separately managed accounts were mostly in stocks (65%) and funds (34%).
What the accounts hold
- Stocks65%
- Funds34%
- Registered funds32%
- Pooled vehicles2%
- Cash1%
How many clients does CIG Asset Management have?
CIG Asset Management has 158 clients and manages $192 million for them, as of March 2026. They include 56 pension and profit-sharing plans, 45 high-net-worth individuals, and 33 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does CIG Asset Management offer?
CIG Asset Management provides financial planning, portfolio management for individuals and small businesses, and portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does CIG Asset Management charge?
CIG Asset Management charges 0.80%–2.50% a year for its Fee Based Program. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Source: CIG ASSET MANAGEMENT - PART 2A APPENDIX OF FORM ADV, filed 26 March 2026
How many financial advisors does CIG Asset Management have?
CIG Asset Management has 5 investment adviser representatives registered with state securities authorities, out of 8 employees, and 5 perform investment advisory functions. 4 employees are registered representatives of a broker-dealer and 2 employees are 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 CIG Asset Management invest in?
At the end of its last fiscal year, CIG Asset Management’s separately managed accounts held 65% exchange-traded equities, 32% registered funds (mutual funds, ETFs, BDCs), 2% pooled vehicles (private funds and similar) and 1% cash and equivalents. It advises 1 private fund.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns CIG Asset Management?
CIG Asset Management is owned through a holding company by Osman Minkara. Its direct owner is Cig Capital Advisors (Formerly Cig Corp.) (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does CIG Asset Management get paid?
CIG Asset Management is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is CIG Asset Management registered with the SEC?
Yes, CIG Asset Management has been registered with the SEC as an investment adviser since 2 May 2006. Its CRD number is 123609 and its SEC file number is 801-66667.
Source: Form ADV Part 1A, Item 1, filed 26 March 2026; IAPD firm record
How do I contact CIG Asset Management?
CIG Asset Management’s main office is at One Towne Square, Suite 1850, Southfield, MI 48076. Its phone number is 248-827-1010. Its website is cigcapitaladvisors.com.