Wealth Advisors With Southfield’s Advance Capital Management Recognized by Forbes

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Advance Capital Management
From left: Michael Hohf, Jeffrey Lido // Photos courtesy of Advance Capital Management

Michael Hohf and Jeffrey Lido of Advance Capital Management, a Southfield-based financial planning firm, have been named to the 2019 Forbes Best-In-State Wealth Advisors list.

The list names more than 3,000 top advisors across the U.S., and Hohf and Lido were ranked for the state of Michigan at 37 and 71, respectively.

“It’s very rewarding to be named a top advisor in my home state,” says Hohf, who also a certified financial planner. “But the greatest reward has been to help clients everywhere achieve their financial goals.”

The Best-In-State Wealth Advisor list is produced independently by Forbes magazine in collaboration with SHOOK Research, a financial services rating firm. Each state’s list is based on qualitative and quantitative criteria including in-person interviews, industry experience, compliance records, client retention data, and revenue produced.

“Recognition as a top advisor is the direct result of the tremendous support from our clients and our firm,” says Lido, who is also a financial advisor and certified financial planner. “Our clients work very hard for their financial futures, and it’s a privilege to work just as hard for them.”

Hohf and Lido each manage more than $200 million in assets, serving households with account sizes ranging from low-six figures to more than $1 million. They specialize in helping people transition from working to retirement.

Advance Capital Management has $2.6 billion in assets under management and more than 5,000 investment advisory clients.

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