{
  "path": "/advisors/mi/detroit/fee-only",
  "url": "https://advisorcensus.com/advisors/mi/detroit/fee-only",
  "page_type": "metro_fee",
  "title": "Fee-only financial advisors in Detroit, MI",
  "filters": {},
  "scope_total": 97,
  "faq": [
    {
      "q": "How many financial advisory firms are there in Detroit, MI?",
      "a": "AdvisorCensus lists 332 investment advisory firms with a principal office in the Detroit metro area, from Form ADV filings as of October 2026: 168 SEC-registered, 140 state-registered, and 24 exempt reporting advisers. Firms may request removal, so the count can differ slightly from the number of firms that file Form ADV."
    },
    {
      "q": "How many fee-only financial advisors are in Detroit, MI?",
      "a": "97 of the 332 firms meet AdvisorCensus's fee-only test: paid only by a percentage of assets, hourly charges, fixed fees, or subscription fees on Form ADV Item 5.E (no commissions, performance-based fees, or other compensation), with no sales-related compensation ties in the same filing: no employee registered with a broker-dealer or licensed as an insurance agent (Item 5.B), no brokerage, insurance, real estate, or other product sales business (Item 6.A), no related broker-dealer, insurance company, real estate broker, or futures commission merchant (Item 7.A), and no referral fees from others or other sales interest (Item 8). Form ADV has no fee-only box, so this is derived from the filing; it is not a fee-only certification, and a firm's own page lists its compensation arrangements as filed."
    },
    {
      "q": "How many financial advisors in Detroit, MI offer financial planning?",
      "a": "202 of the 308 firms in Detroit, MI that answer Form ADV Item 5.G, which asks what advisory services a firm provides, report financial planning services, as of October 2026. Exempt reporting advisers do not answer Item 5.G. Each firm page lists every advisory service the firm reports."
    },
    {
      "q": "Are the financial advisors in Detroit, MI fiduciaries?",
      "a": "Every firm on this page is an investment adviser that files Form ADV, and an investment adviser owes its clients a fiduciary duty under federal law, made up of a duty of care and a duty of loyalty: it must act in the client's best interest and not put its own interests ahead of the client's, and must eliminate its conflicts of interest or disclose them fully and fairly. Form ADV has no fiduciary box because the duty comes with being an investment adviser. The duty covers the firm's advice; a firm or its people may also sell securities through a broker-dealer or insurance as licensed agents, roles held to other standards. The 97 firms that meet AdvisorCensus's fee-only test report none of those sales ties."
    },
    {
      "q": "How do I check whether a financial advisor has disciplinary disclosures?",
      "a": "Each firm page shows how many Form ADV Item 11 disciplinary questions the firm answered yes and links to the firm's record on the SEC's Investment Adviser Public Disclosure site (adviserinfo.sec.gov), where the detail of each disclosure is public. Individual advisers' records are on the same site and on FINRA BrokerCheck."
    },
    {
      "q": "Does AdvisorCensus rate, verify, or recommend these firms?",
      "a": "No. The directory shows what each firm filed, in alphabetical order unless you choose another sort, and no firm's position depends on payment. Firms that claim their page can add a description and links, marked as provided by the firm; the filed facts are never changed by that content."
    },
    {
      "q": "What does regulatory assets under management mean?",
      "a": "Regulatory assets under management (RAUM) is the figure a firm reports on Form ADV Item 5.F: the securities portfolios it provides continuous and regular supervisory or management services for, at market value, including assets managed without discretion. It measures scale, not performance or quality."
    }
  ],
  "period": "2026-10-01",
  "answer_paragraph": "AdvisorCensus lists 97 investment advisory firms with a principal office in the Detroit metro area that meet AdvisorCensus's fee-only test: paid only by client fees on Form ADV Item 5.E, with no employee registered with a broker-dealer or licensed as an insurance agent, no brokerage, insurance, or real estate sales business or related company, and no referral fees from others, drawn from Form ADV filings as of October 2026. Firms are listed alphabetically; sort by years registered or assets band using the controls below, and read the methodology block for how this page is derived.",
  "about_market": "Detroit has 332 investment advisory firms with a principal office in the metro area as of October 2026: 168 SEC-registered, 140 state-registered, and 24 exempt reporting advisers. 97 of them meet AdvisorCensus's fee-only test (paid only by client fees, with no sales-related compensation ties such as an employee registered with a broker-dealer or licensed as an insurance agent), and 115 report under $100 million in regulatory assets under management. The metro area has 1,768,816 households, 205,115 of them with income of $200,000 or more, or 618 such households for each firm (Census Bureau, American Community Survey 2020–2024 5-year estimates).",
  "citation": "AdvisorCensus. Fee-only financial advisors in Detroit, MI: 97 firms from Form ADV filings as of October 2026.",
  "total_firms": 97,
  "page": 1,
  "total_pages": 2,
  "sort": "name",
  "registration_types": {
    "sec": 53,
    "state": 44,
    "exempt": 0
  },
  "fee_model_mix": [
    {
      "code": "fee-only",
      "count": 97
    },
    {
      "code": "percentage_of_aum",
      "count": 84
    },
    {
      "code": "hourly",
      "count": 32
    },
    {
      "code": "subscription",
      "count": 1
    },
    {
      "code": "fixed",
      "count": 51
    },
    {
      "code": "commissions",
      "count": 0
    },
    {
      "code": "performance_based",
      "count": 0
    },
    {
      "code": "other",
      "count": 0
    },
    {
      "code": "not_reported",
      "count": 0
    }
  ],
  "years_registered_distribution": [
    {
      "code": "under_5",
      "count": 26
    },
    {
      "code": "5_to_9",
      "count": 24
    },
    {
      "code": "10_to_19",
      "count": 19
    },
    {
      "code": "20_plus",
      "count": 28
    },
    {
      "code": "not_reported",
      "count": 0
    }
  ],
  "raum_band_distribution": [
    {
      "code": "under_25m",
      "count": 18
    },
    {
      "code": "25m_100m",
      "count": 21
    },
    {
      "code": "100m_500m",
      "count": 26
    },
    {
      "code": "500m_1b",
      "count": 12
    },
    {
      "code": "1b_5b",
      "count": 11
    },
    {
      "code": "over_5b",
      "count": 1
    },
    {
      "code": "not_reported",
      "count": 8
    }
  ],
  "firms": [
    {
      "crd_number": 175145,
      "name": "Abaris Investment Management",
      "name_as_filed": "ABARIS INVESTMENT MANAGEMENT",
      "url": "https://advisorcensus.com/firm/abaris-investment-management-bloomfield-hills-mi-175145",
      "city": "Bloomfield Hills",
      "state": "MI",
      "years_registered": 11,
      "raum_band": "not_reported",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 134034,
      "name": "Affinity Financial Advisory",
      "name_as_filed": "AFFINITY FINANCIAL ADVISORY",
      "url": "https://advisorcensus.com/firm/affinity-financial-advisory-allen-park-mi-134034",
      "city": "Allen Park",
      "state": "MI",
      "years_registered": 21,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 121529,
      "name": "Altrius Capital Management, Inc.",
      "name_as_filed": "ALTRIUS CAPITAL MANAGEMENT, INC.",
      "url": "https://advisorcensus.com/firm/altrius-capital-management-inc-novi-mi-121529",
      "city": "Novi",
      "state": "MI",
      "years_registered": 22,
      "raum_band": "500m_1b",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 286452,
      "name": "Antonelli Financial Advisors, LLC",
      "name_as_filed": "ANTONELLI FINANCIAL ADVISORS, LLC",
      "url": "https://advisorcensus.com/firm/antonelli-financial-advisors-llc-grosse-pointe-mi-286452",
      "city": "Grosse Pointe",
      "state": "MI",
      "years_registered": 2,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 169570,
      "name": "Arbor Wealth Advisors LLC",
      "name_as_filed": "ARBOR WEALTH ADVISORS LLC",
      "url": "https://advisorcensus.com/firm/arbor-wealth-advisors-llc-troy-mi-169570",
      "city": "Troy",
      "state": "MI",
      "years_registered": 12,
      "raum_band": "500m_1b",
      "compensation_types": [
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 317979,
      "name": "Armada ETFS",
      "name_as_filed": "ARMADA ETFS",
      "url": "https://advisorcensus.com/firm/armada-etfs-novi-mi-317979",
      "city": "Novi",
      "state": "MI",
      "years_registered": 4,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 290151,
      "name": "Autumn Financial Advisors, LLC",
      "name_as_filed": "AUTUMN FINANCIAL ADVISORS, LLC",
      "url": "https://advisorcensus.com/firm/autumn-financial-advisors-llc-plymouth-mi-290151",
      "city": "Plymouth",
      "state": "MI",
      "years_registered": 8,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 161803,
      "name": "Beringea, LLC",
      "name_as_filed": "BERINGEA, LLC",
      "url": "https://advisorcensus.com/firm/beringea-llc-farmington-hills-mi-161803",
      "city": "Farmington Hills",
      "state": "MI",
      "years_registered": 14,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 106152,
      "name": "Bloom Advisors",
      "name_as_filed": "BLOOM ADVISORS",
      "url": "https://advisorcensus.com/firm/bloom-advisors-farmington-hills-mi-106152",
      "city": "Farmington Hills",
      "state": "MI",
      "years_registered": 31,
      "raum_band": "1b_5b",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 124524,
      "name": "Calvert Planning Corporation",
      "name_as_filed": "CALVERT PLANNING CORPORATION",
      "url": "https://advisorcensus.com/firm/calvert-planning-corporation-troy-mi-124524",
      "city": "Troy",
      "state": "MI",
      "years_registered": 28,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 110180,
      "name": "CND Financial",
      "name_as_filed": "CND FINANCIAL",
      "url": "https://advisorcensus.com/firm/cnd-financial-livonia-mi-110180",
      "city": "Livonia",
      "state": "MI",
      "years_registered": 5,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly"
      ],
      "enhanced": false
    },
    {
      "crd_number": 291197,
      "name": "Conway Asset Management, Inc.",
      "name_as_filed": "CONWAY ASSET MANAGEMENT, INC.",
      "url": "https://advisorcensus.com/firm/conway-asset-management-inc-grosse-pointe-farms-mi-291197",
      "city": "Grosse Pointe Farms",
      "state": "MI",
      "years_registered": 8,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 149293,
      "name": "Core Financial Planning",
      "name_as_filed": "CORE FINANCIAL PLANNING",
      "url": "https://advisorcensus.com/firm/core-financial-planning-bloomfield-hills-mi-149293",
      "city": "Bloomfield Hills",
      "state": "MI",
      "years_registered": 17,
      "raum_band": "not_reported",
      "compensation_types": [
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 132058,
      "name": "Cranbrook Wealth Management, LLC",
      "name_as_filed": "CRANBROOK WEALTH MANAGEMENT, LLC",
      "url": "https://advisorcensus.com/firm/cranbrook-wealth-management-llc-bloomfield-hills-mi-132058",
      "city": "Bloomfield Hills",
      "state": "MI",
      "years_registered": 20,
      "raum_band": "500m_1b",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 124444,
      "name": "Daniel Investments, Inc.",
      "name_as_filed": "DANIEL INVESTMENTS, INC.",
      "url": "https://advisorcensus.com/firm/daniel-investments-inc-troy-mi-124444",
      "city": "Troy",
      "state": "MI",
      "years_registered": 17,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 121560,
      "name": "Deroy & Devereaux Private Investment Counsel, Inc.",
      "name_as_filed": "DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL, INC.",
      "url": "https://advisorcensus.com/firm/deroy-and-devereaux-private-investment-counsel-inc-bloomfield-hills-mi-121560",
      "city": "Bloomfield Hills",
      "state": "MI",
      "years_registered": 24,
      "raum_band": "1b_5b",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 108942,
      "name": "Diversified Portfolios, Inc.",
      "name_as_filed": "DIVERSIFIED PORTFOLIOS, INC.",
      "url": "https://advisorcensus.com/firm/diversified-portfolios-inc-bloomfield-hills-mi-108942",
      "city": "Bloomfield Hills",
      "state": "MI",
      "years_registered": 27,
      "raum_band": "1b_5b",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 121841,
      "name": "DWP",
      "name_as_filed": "DWP",
      "url": "https://advisorcensus.com/firm/dwp-grosse-pointe-farms-mi-121841",
      "city": "Grosse Pointe Farms",
      "state": "MI",
      "years_registered": 21,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 105624,
      "name": "Fairlane Investment Advisors Inc",
      "name_as_filed": "FAIRLANE INVESTMENT ADVISORS INC",
      "url": "https://advisorcensus.com/firm/fairlane-investment-advisors-inc-northville-mi-105624",
      "city": "Northville",
      "state": "MI",
      "years_registered": 12,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 284829,
      "name": "Fintentional LLC",
      "name_as_filed": "FINTENTIONAL LLC",
      "url": "https://advisorcensus.com/firm/fintentional-llc-birmingham-mi-284829",
      "city": "Birmingham",
      "state": "MI",
      "years_registered": 10,
      "raum_band": "under_25m",
      "compensation_types": [
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 289483,
      "name": "Firstmetric",
      "name_as_filed": "FIRSTMETRIC",
      "url": "https://advisorcensus.com/firm/firstmetric-troy-mi-289483",
      "city": "Troy",
      "state": "MI",
      "years_registered": 7,
      "raum_band": "100m_500m",
      "compensation_types": [
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 330572,
      "name": "Full Bloom Financial",
      "name_as_filed": "FULL BLOOM FINANCIAL",
      "url": "https://advisorcensus.com/firm/full-bloom-financial-northville-mi-330572",
      "city": "Northville",
      "state": "MI",
      "years_registered": 2,
      "raum_band": "under_25m",
      "compensation_types": [
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 124332,
      "name": "Gem Asset Management, LLC",
      "name_as_filed": "GEM ASSET MANAGEMENT, LLC",
      "url": "https://advisorcensus.com/firm/gem-asset-management-llc-plymouth-mi-124332",
      "city": "Plymouth",
      "state": "MI",
      "years_registered": 19,
      "raum_band": "500m_1b",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 121985,
      "name": "George Papadopoulos, CPA/PFS,CFP",
      "name_as_filed": "GEORGE PAPADOPOULOS, CPA/PFS,CFP",
      "url": "https://advisorcensus.com/firm/george-papadopoulos-cpa-pfs-cfp-novi-mi-121985",
      "city": "Novi",
      "state": "MI",
      "years_registered": 28,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 107645,
      "name": "GPM Growth Investors, Inc.",
      "name_as_filed": "GPM GROWTH INVESTORS, INC.",
      "url": "https://advisorcensus.com/firm/gpm-growth-investors-inc-bloomfield-hills-mi-107645",
      "city": "Bloomfield Hills",
      "state": "MI",
      "years_registered": 33,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 333499,
      "name": "Grad Wealth Management PLLC",
      "name_as_filed": "GRAD WEALTH MANAGEMENT PLLC",
      "url": "https://advisorcensus.com/firm/grad-wealth-management-pllc-livonia-mi-333499",
      "city": "Livonia",
      "state": "MI",
      "years_registered": 1,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 306595,
      "name": "Greystone Financial Group, LLC",
      "name_as_filed": "GREYSTONE FINANCIAL GROUP, LLC",
      "url": "https://advisorcensus.com/firm/greystone-financial-group-llc-bloomfield-hills-mi-306595",
      "city": "Bloomfield Hills",
      "state": "MI",
      "years_registered": 6,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 287863,
      "name": "Griffon Investment Advisors Incorporated",
      "name_as_filed": "GRIFFON INVESTMENT ADVISORS INCORPORATED",
      "url": "https://advisorcensus.com/firm/griffon-investment-advisors-incorporated-troy-mi-287863",
      "city": "Troy",
      "state": "MI",
      "years_registered": 9,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 120861,
      "name": "Heath Capital Management, Inc.",
      "name_as_filed": "HEATH CAPITAL MANAGEMENT, INC.",
      "url": "https://advisorcensus.com/firm/heath-capital-management-inc-bloomfield-hills-mi-120861",
      "city": "Bloomfield Hills",
      "state": "MI",
      "years_registered": 29,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 305537,
      "name": "Heron Bay Capital Management",
      "name_as_filed": "HERON BAY CAPITAL MANAGEMENT",
      "url": "https://advisorcensus.com/firm/heron-bay-capital-management-bloomfield-hills-mi-305537",
      "city": "Bloomfield Hills",
      "state": "MI",
      "years_registered": 6,
      "raum_band": "500m_1b",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 104724,
      "name": "Investors Management Services Inc",
      "name_as_filed": "INVESTORS MANAGEMENT SERVICES INC",
      "url": "https://advisorcensus.com/firm/investors-management-services-inc-harrison-township-mi-104724",
      "city": "Harrison Township",
      "state": "MI",
      "years_registered": 8,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 124337,
      "name": "Ipex, Inc.",
      "name_as_filed": "IPEX, INC.",
      "url": "https://advisorcensus.com/firm/ipex-inc-plymouth-mi-124337",
      "city": "Plymouth",
      "state": "MI",
      "years_registered": 16,
      "raum_band": "1b_5b",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 105609,
      "name": "JAY A. Fishman, Ltd",
      "name_as_filed": "JAY A. FISHMAN, LTD",
      "url": "https://advisorcensus.com/firm/jay-a-fishman-ltd-troy-mi-105609",
      "city": "Troy",
      "state": "MI",
      "years_registered": 56,
      "raum_band": "1b_5b",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 104655,
      "name": "JLB & Associates Inc",
      "name_as_filed": "JLB & ASSOCIATES INC",
      "url": "https://advisorcensus.com/firm/jlb-and-associates-inc-plymouth-mi-104655",
      "city": "Plymouth",
      "state": "MI",
      "years_registered": 43,
      "raum_band": "500m_1b",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 304447,
      "name": "KB Wealth Management, LLC",
      "name_as_filed": "KB WEALTH MANAGEMENT, LLC",
      "url": "https://advisorcensus.com/firm/kb-wealth-management-llc-bloomfield-hills-mi-304447",
      "city": "Bloomfield Hills",
      "state": "MI",
      "years_registered": 7,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 323502,
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  "states": [],
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      "path": "/advisors/mi",
      "label": "Financial advisors in Michigan"
    },
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    "city_pages": [
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  },
  "csv": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}
