{
  "crd_number": 123609,
  "slug": "cig-asset-management-inc-southfield-mi-123609",
  "primary_business_name": "CIG ASSET MANAGEMENT, INC.",
  "legal_name": "CIG ASSET MANAGEMENT, INC.",
  "dbas": [],
  "city": "Southfield",
  "state": "MI",
  "country": "United States",
  "cbsa_code": "19820",
  "metro": {
    "cbsa_code": "19820",
    "common_name": "Detroit",
    "msa_name": "Detroit-Warren-Dearborn, MI",
    "path": "/advisors/mi/detroit"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2006-05-02",
  "years_registered": 20,
  "period": "2026-10-01",
  "filing_date": "2026-03-26",
  "carried_forward": false,
  "raum_total": 192479928.0,
  "raum_discretionary": 187678039.0,
  "raum_non_discretionary": 4801889.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 8,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 13043775.0,
      "count": 33
    },
    "pension_profit_sharing": {
      "raum": 31553752.0,
      "count": 56
    },
    "high_net_worth_individuals": {
      "raum": 143080512.0,
      "count": 45
    },
    "pooled_investment_vehicles": {
      "raum": 4801889.0,
      "count": 24
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CT",
    "IL",
    "MI",
    "TX"
  ],
  "websites": [
    "https://cigcapitaladvisors.com",
    "https://facebook.com/CIGCAPITALADVISORS",
    "https://linkedin.com/COMPANY/CIG-CORP-"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/123609",
  "city_as_filed": "SOUTHFIELD",
  "url": "https://advisorcensus.com/firm/cig-asset-management-inc-southfield-mi-123609",
  "display_name": "CIG Asset Management, Inc.",
  "summary": "CIG Asset Management, Inc. is an SEC-registered investment advisory firm in Southfield, MI, registered since 2006, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 26, 2026.",
  "citation": "AdvisorCensus. CIG Asset Management, Inc. (CRD 123609): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is CIG Asset Management, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), CIG Asset Management, Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is CIG Asset Management, Inc. located?",
      "a": "CIG Asset Management, Inc.'s principal office is in Southfield, MI, according to its Form ADV."
    },
    {
      "q": "Is CIG Asset Management, Inc. registered with the SEC or a state?",
      "a": "CIG Asset Management, Inc. is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 123609."
    },
    {
      "q": "How much does CIG Asset Management, Inc. manage?",
      "a": "CIG Asset Management, Inc. reports $192,479,928 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (98% discretionary)."
    },
    {
      "q": "How have CIG Asset Management, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for CIG Asset Management, Inc.: Regulatory assets under management: $188,928,861 in the October 2021 data and $192,479,928 in the October 2026 data, up 2%. Total employees: 8 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does CIG Asset Management, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (56); high net worth individuals (45); individuals (other than high net worth individuals) (33)."
    },
    {
      "q": "Does CIG Asset Management, Inc. report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/123609"
    },
    {
      "q": "What changed in CIG Asset Management, Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 4 to 5. Regulatory assets under management went from $137,085,705 to $192,479,928 (+40%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 188928861.0,
      "total_employees": 8,
      "filing_date": "2021-05-05"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 209435781.0,
      "total_employees": 9,
      "filing_date": "2022-07-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 180105033.0,
      "total_employees": 6,
      "filing_date": "2023-04-03"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 135208823.0,
      "total_employees": 5,
      "filing_date": "2024-03-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 137085705.0,
      "total_employees": 5,
      "filing_date": "2025-04-01"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 192479928.0,
      "total_employees": 8,
      "filing_date": "2026-03-26"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 4 to 5.",
        "Regulatory assets under management went from $137,085,705 to $192,479,928 (+40%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/cig-asset-management-inc-southfield-mi-123609.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 33,
      "fewer_than_5": false,
      "raum": 13043775.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 45,
      "fewer_than_5": false,
      "raum": 143080512.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 24,
      "fewer_than_5": false,
      "raum": 4801889.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 56,
      "fewer_than_5": false,
      "raum": 31553752.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/123609",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}