Top 10 fastest-growing RIAs in Michigan (2026)

Sort by asset growthHow they grew

#	Firm	Assets, end of 2023 → 2025	Growth	Advisory staff	Net advisors, 12 mo	How they grew	Main custodian	Score
1	Signal Advisors DETROIT	$465.3M → $1.69B	3.63× 2.7× typical	5 → 37	+16	Organic or recruited	Fidelity	98.9
2	Foguth Wealth Management, LLC. BRIGHTON	$237M → $1.07B	4.52× 3.4× typical	10 → 32	+3	Organic or recruited	Schwab	97.8
3	Fiduciary Financial Advisors GRAND RAPIDS	$555.4M → $1.33B	2.39× 1.8× typical	22 → 50	+3	Organic	Schwab	96.6
4	Lifeworks Advisors, LLC GRAND RAPIDS	$421.8M → $966.7M	2.29× 1.7× typical	25 → 40	+5	Organic or recruited	Schwab	94.9
5	Lightsquare Wealth Management, LLC BINGHAM FARMS	$112.7M → $203.5M	1.81× 1.4× typical	1 → 2	+1	Organic or recruited	Raymond James	89.4
6	Fsa Advisors, Inc. TROY	$292.1M → $573.4M	1.96× 1.5× typical	22 → 31	+1	Organic	Schwab	88.3
7	Retiremitten Financial LLC CLARKSTON	$108.7M → $213.8M	1.97× 1.5× typical	3 → 4	+1	Organic	Schwab	86.7
8	Aspen Investment Management Inc. GRAND RAPIDS	$257.1M → $452.5M	1.76× 1.3× typical	4 → 5	+1	Organic or recruited	Schwab	83.4
9	Dahring \| Cusmano and Associates NOVI	$535.1M → $781.4M	1.46× 1.1× typical	3 → 9	+1	Organic or recruited	Schwab	80.3
10	Verde Capital Management, Inc. CLARKSTON	$569.6M → $845.8M	1.48× 1.1× typical	9 → 12	+1	Organic or recruited	–	76.4

Score: 0 to 100, from each firm's percentile among 5,989 RIAs nationally. See the national top 100 and the tech stacks they run.

How we ranked

Who's in: 5,989 SEC-registered RIAs serving individuals, based in the US, with $100M+ in assets, 25+ individual clients and 2+ advisory staff, that filed their 2026 annual Form ADV. Bank and broker-dealer networks (more advisors moving than advisory staff) are left out.
Asset growth (half the score): regulatory assets at the end of 2025 (2026 annual Form ADV) over the end of 2023 (the firm's last 2024 filing). Firms update this number once a year, in the annual amendment. The typical firm grew 1.34×, which is mostly the market. Growth over 3× counts as 3×, so one big merger can't decide the list (acquisitions aren't reported on Form ADV).
Advisory staff growth (a quarter): employees giving investment advice (Item 5.B(1)), over the same two years.
Net advisors (a quarter): registered advisors who joined the firm in the last 12 months minus those who left, from SEC registration records.
Each is a percentile among the firms that are in, and only firms whose assets grew faster than the typical firm's are listed. Assets include market gains and any acquisitions, so a high rank is a signal to look closer, not proof of organic growth.
How they grew (an estimate): each firm's gain, split four ways. Typical: what the typical firm grew. Acquired: firms most of whose advisors moved to it (half or more, and the old firm stopped filing, or three-quarters or more), at their last reported assets; a buyer that keeps an acquired firm filing on its own isn't seen, so this is a floor. Joined (hatched): advisors who moved in from other firms, at up to their old firm's assets per advisor ($150M at most), since a new hire may bring no clients at all. Organic: the rest, new clients and existing clients' money. “Organic” firms are organic even if every joiner brought a full book.
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The fastest-growing RIAs in Michigan.

How we ranked