Steinberg Planning And Investment Management, Ltd. (Farmington Hills)

Steinberg Planning And Investment Management, Ltd. is a large advisory firm based in Farmington Hills. It manages $59.63 million of regulatory assets for 236 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Michigan.

Steinberg Planning And Investment Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Steinberg Planning And Investment Management: assets under management

The assets under management (AUM) of Steinberg Planning And Investment Management, Ltd. is $59.63 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $22.77 million in discretionary accounts and $36.85 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $255.85 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $250.71 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Steinberg Planning And Investment Management, Ltd. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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.

Careers at Steinberg Planning And Investment Management, Ltd.

Steinberg Planning And Investment Management, Ltd. is owned by Cynthia Frances Steinberg. Robert Kevin Steinberg has been acting as President since 1 Jul 2004.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Kevin Steinberg	President/owner/chief compliance officer	1 Jul 2004	50% - 75%	1478400
Cynthia Frances Steinberg	Vice president/owner	1 Jul 2004	50% - 75%	1300801

Based in Farmington Hills

The principal office where Steinberg Planning And Investment Management, Ltd. performs its advisory services is located at 37525 Enterprise Court, Farmington Hills, MI 48331, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.