Advance Capital Management, a financial planning and investment management firm headquartered in Southfield, announced four of its advisors — Ryan Sheffer, Michael Hohf, Daniel McHugh, and Terra Hohf — have been named to Forbes magazine’s 2021 Top Next-Gen Wealth Advisors list.
The list recognizes the country’s top next-gen financial advisors who represent the future of the wealth management industry. It includes 500 rising advisors who help manage over $1 trillion in client assets.
“Recognition as a top advisor is the direct result of the tremendous support from our clients and our firm,” says McHugh.
The list is produced independently of Forbes magazine in collaboration with SHOOK Research, a financial services rating firm in Boca Raton, Fla. Each advisor is chosen based on an algorithm of qualitative and quantitative criteria, including in-person interview, industry experience, compliance records, revenue produced, and assets under management.
The four named to the list are the only independent financial advisors (not representing a national corporation) listed for the state of Michigan.
“It’s our belief that helping people reach their financial goals is about building relationships, not just crunching numbers,” says Terra Hohf.