Financial services firm ranks among ‘FT 300’


Financial Advisory Corporation, founded in 1988, is located in southeast Grand Rapids. Photo via

A local financial advisory firm has been named one of the top 300 investment advisors in the country by an industry publication.

Grand Rapids-based Financial Advisory Corporation is in the 2017 "FT 300" by the Financial Times. Southfield-based Advance Capital Management, which operates a Grand Rapids office, is also among the firms recognized.

More than 2,000 registered investment advisors, or RIAs, were invited to participate by the Financial Times and about 725 applied for consideration. Nine Michigan firms made the ranking.

Applicants were selected based on a formula that considers six criteria: advisor assets under management; asset growth; company age; industry certifications of key employees; compliance record; and online accessibility. Assets under management comprised about 65 to 70 percent of the overall score, and asset growth accounted for about 10 to 15 percent.

Financial Advisory Corporation

Established in 1988, FAC serves clients in the retail, high net worth ($1 million to $10 million), ultra high net worth ($10 million or more) and institutional markets.

Its services include investment management, financial planning, estate planning, risk management, retirement planning and tax planning.

Along with President and Founder Paul Anthes, FAC employs five wealth advisors, two client service specialists and Anthes’ executive assistant.

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