Advance Capital Management Earns Three Names on Forbes Best-in-State Next-Gen Advisors List

Southfield, MI, September 12, 2019 --(PR.com)-- Advance Capital Management is pleased to announce that three of its financial advisors, Daniel McHugh, Michael Hohf and Terra Hohf, have been named to Forbes magazine’s 2019 Best-in-State Next-Gen Wealth Advisors list.

The list recognizes the top young wealth advisors in each state. This year’s list features more than 1,485 advisors from across the country that collectively manage assets amounting to more than $1 trillion.

Daniel, Michael and Terra all rank in the top 20 for the state of Michigan. Further, they are the only three advisors listed from an independent firm (i.e., not a part of a national corporation such as Merrill Lynch or UBS).

“We are extremely honored to be named as top young wealth advisors for the state of Michigan,” said McHugh, financial advisor and CERTIFIED FINANCIAL PLANNER™ (CFP®).

“Yet I think we all agree that we’re most grateful for the opportunity to help clients everywhere achieve their financial goals,” added Michael Hohf, who also serves as a financial advisor and CFP®.

The Forbes Best-in-State Next-Gen Wealth Advisors list is produced independently by Forbes magazine in collaboration with SHOOK Research, a financial services rating firm. Each advisor is chosen based on an algorithm of qualitative and quantitative criteria, including in-person interviews, industry experience, compliance records, revenue produced and assets under management. There are no fees or other considerations required for nomination.

“Recognition as a top advisor is the direct result of the tremendous support from our clients and our firm,” said Terra Hohf, financial advisor and CFP®. “It’s our belief that helping people reach their financial goals is about building relationships, not just crunching numbers.”

The Advance Capital Management team of advisors manages more than $2.7 billion in assets, serving households with account sizes ranging from low six figures to more than $1 million. They specialize in helping people transition from their working years to retirement.

About Advance Capital Management: For more than 30 years, Advance Capital Management has helped thousands of people with personalized financial planning and investment management services. Advance Capital Management has $2.7 billion in assets under management and over 5,000 investment advisory clients. Headquartered in Southfield, MI, it also has offices located in Grand Rapids, MI, Independence, OH, and Lisle, IL. The Financial Times named the firm a Top 300 Financial Adviser in the country. InvestmentNews magazine recognized it as a Top Fee-Only RIA and one of the Best Places to Work for Financial Advisers. The firm has also been recognized as one of the largest money managers in metro Detroit by Crain's Detroit Business, largest RIAs by Crain’s Cleveland Business, and top area wealth management firms by Grand Rapids Business Journal.