Planning Alternatives Ltd is a large advisory firm based in Bloomfield Hills. It manages $1.02 billion of regulatory assets for 2,091 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Colorado, Florida, and 8 other states.
Planning Alternatives provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Planning Alternatives Ltd is $1.02 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 362% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Planning Alternatives Ltd for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Edwin Baker Shaw is high net worth individuals with 271 clients and $746.41 million of assets under management. Among the 9 most similar advisory firms, Planning Alternatives has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.02 billion for 816 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Planning Alternatives doesn't advise any private funds.
The company employs 24 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 16 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Edwin Baker Shaw has been acting as President since 1 Nov 1982. Florence Anne Affatato joined the executive team most recently as the Secretary.
The principal office where Planning Alternatives Ltd performs its advisory services is located at 36800 Woodward Ave., Bloomfield Hills, MI 48304 0936, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 248-645-1520 or by fax 248-645-2661. The normal business hours are 8:30am to 5:00pm on Monday - Friday. You can find more information about the New York firm at planningalt.com.