M1 Capital Management is a large advisory firm based in Bloomfield Hills. It manages $237.28 million of regulatory assets for 508 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Arizona, California, Florida, and 9 other states.
M1 Capital Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of M1 Capital Management is $237.28 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 28% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay M1 Capital Management for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. 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 M1 Capital Management is high net worth individuals with 83 clients and $164.36 million of assets under management. Among the 11 most similar advisory firms, M1 Capital Management has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $237.28 million for 351 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.
M1 Capital Management doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where M1 Capital Management performs its advisory services is located at 36800 Woodward Avenue Suite 101, Bloomfield Hills, MI 48304 0917, which is also the mailing address of the firm. An additional office of the firm is in Skokie, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 248-647-1780 or by fax 248-647-1781. The normal business hours are 9:00-5:00 on Monday - Friday. You can find more information about the New York firm at m1capitalmanagement.com.