The Abbit Management provides portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
The Abbit Management reports 386 clients. They include 367 individual clients, 13 high-net-worth individuals, and 6 corporations and other businesses. Of its assets, 100.0% ($282M across 516 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 95% | 14% |
| High-net-worth individuals | 3% | 8% |
| Corporations and other businesses | 2% | 78% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 367 | $38.9M | 13.8% | $106K |
| High-net-worth individuals | 13 | $23.1M | 8.2% | $1.78M |
| Corporations and other businesses | 6 | $220M | 78.0% | $36.7M |
| Total | 386 | $282M | 100% | $732K |
- Clients
- 367
- Regulatory AUM
- $38.9M
- AUM share
- 13.8%
- Avg. per client
- $106K
- Clients
- 13
- Regulatory AUM
- $23.1M
- AUM share
- 8.2%
- Avg. per client
- $1.78M
- Clients
- 6
- Regulatory AUM
- $220M
- AUM share
- 78.0%
- Avg. per client
- $36.7M
Total
- Clients
- 386
- Regulatory AUM
- $282M
- AUM share
- 100%
- Avg. per client
- $732K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
The Abbit Management is paid through a percentage of assets under management; its fees and minimums are set out in its brochures on the SEC website.
Joseph Risselade owns 75% or more of The Abbit Management. The leadership team of The Abbit Management includes President Joseph Risselade. It has 7 employees, 3 of them in advisory roles.
Staff
- 7 employees
- 3 in advisory functions
- 3 state-registered reps
- 1 insurance agent
- Owns 75% or more of The Abbit Management Corp
Joseph Risselade
Control person · since December 2010
The Abbit Management’s regulatory assets grew 1.5× from $188M (March 2021) to $282M (September 2026); clients rose from 272 to 386 and employees from 6 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $282M | 386 | 7 | 1 |
| Aug 2025August 2025 | $252M | 338 | 7 | 1 |
| Aug 2024August 2024 | $233M | 321 | 7 | 1 |
| Aug 2023August 2023 | $214M | 329 | 6 | 1 |
| Aug 2021August 2021 | $215M | 293 | 7 | 1 |
| Mar 2021March 2021 | $188M | 272 | 6 | 1 |
Besides its headquarters, The Abbit Management has 0 offices, with 1 listed address in 1 state.
Michigan · 1 listed address
- 16986 Robbins RD, Suite 100, Grand HavenHQ
Contact and registration details
- Legal name
- The Abbit Management Corp
- Headquarters
- 16986 Robbins RD, Suite 100, Grand Haven, MI 49417
- Website
- abbitmanagement.com
- Phone
- 616-842-0280
- SEC file
- 801-15995
- Structure
- Michigan corporation
- Fiscal year end
- June
The Abbit Management’s named custodians for separately managed accounts are SEI Investments Distribution ($269M, 100%) and Altruist ($61.7K, 0%). The Abbit Management does not have custody of client assets.
- SEI Investments DistributionSEI Investments Distribution Co. · Oaks, PA · $269M100%
- AltruistAltruist Financial LLC · Culver, CA · $61.7K0%
At year end, The Abbit Management’s separately managed accounts were mostly in funds (71%) and stocks (22%).
What the accounts hold
- Stocks22%
- Funds71%
- Bonds3%
- Cash4%
How many clients does The Abbit Management have?
The Abbit Management has 386 clients and manages $282 million for them, as of September 2026. They include 367 individual clients, 13 high-net-worth individuals, and 6 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 September 2026
What services does The Abbit Management offer?
The Abbit Management provides 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
Which custodians does The Abbit Management use?
The Abbit Management’s separately managed account assets are held at SEI Investments Distribution Co. (Oaks, PA), with $269M and Altruist Financial LLC (Culver, CA), with $61.7K. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 September 2026
How many financial advisors does The Abbit Management have?
The Abbit Management has 3 investment adviser representatives registered with state securities authorities, out of 7 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does The Abbit Management invest in?
At the end of its last fiscal year, The Abbit Management’s separately managed accounts held 71% registered funds (mutual funds, ETFs, BDCs), 22% exchange-traded equities, 4% cash and equivalents and 3% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns The Abbit Management?
The Abbit Management’s direct owner is Joseph Risselade (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 1 September 2026
How does The Abbit Management get paid?
The Abbit Management is paid through a percentage of assets under management. 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
How do I contact The Abbit Management?
The Abbit Management’s main office is at 16986 Robbins RD, Suite 100, Grand Haven, MI 49417. Its phone number is 616-842-0280. Its website is abbitmanagement.com.