Wealth manager, independent · ANN Arbor, MI
SPC
Sigma Planning Corporation · SEC-registered investment adviser · CRD 110692 · SEC 801-20404
At a glance
SPC is an SEC-registered investment adviser based in ANN Arbor, Michigan, with $6.1B in regulatory assets under management as of its Form ADV filed May 7, 2026. It reports 30,595 individual clients, 832 of them high-net-worth, holding an average of about $0.2 million each, and 471 employees. That ranks it 172nd among the nation’s 5,657 independent wealth management RIAs and 2nd of 178 in Michigan. It reports Fidelity as the custodian for its clients’ separately managed accounts.
Main office 734-663-1611spc4clients.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $6.1B
- Rank among independent wealth managers
- #172 of 5,657
- Rank among all SEC RIAs
- #1,838 of 17,210
- Rank in Michigan
- #2 of 178
- Individual clients
- 30,595
- High-net-worth clients
- 832
- Accounts
- 26,433
- Discretionary
- 100% of AUM
- Employees
- 471
- Advisory staff
- 471
- Offices
- 337
Owners and executives on its Form ADV
- Jerome S. RydellCEO, Chairman and Trustee of the Jerome S. Rydell Revocable Living Trust Dated 12/21/1998, AS Amended and Restated ON 10/23/2020
- Brandon D. RydellPresident
- Dana E. RhodesChief Operating Officer
- Mark R. SteinmanAVP Operations
- Andrew D. KilbargerChief Compliance Officer
- John A. McClellanChief Risk and Business Officer
- Randolph F. PistorChief Legal Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
SPC is a hybrid RIA: 465 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Parkland Securities, LLC and Sigma Financial Corporation.
- Parkland Securities, LLC ↗CRD 115368
An introducing broker-dealer: its trades clear through National Financial Services (Fidelity), which holds the brokerage accounts. Its annual audited report filed with the SEC, April 2026
- Sigma Financial Corporation ↗CRD 14303
An introducing broker-dealer: its trades clear through National Financial Services (Fidelity), which holds the brokerage accounts. Its annual audited report filed with the SEC, April 2026
Its Form ADV brochure (filed May 2026) names Sigma Financial Corporation as the broker-dealer its advisers are registered with.
Most but not all of our IARs are registered representatives of SFC or Parkland, which are affiliated broker -dealers.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 29,763 | $4.1B | 68% |
| High-net-worth individuals | 832 | $1.7B | 28% |
| Corporations or other businesses | 100 | $190M | 3% |
| Pension and profit sharing plans | 190 | $28M | <1% |
| Charitable organizations | 21 | $8M | <1% |
| State or municipal government entities | 10 | $0M | 0% |
Disciplinary disclosures
SPC answers yes to 7 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Educational seminars and workshops
- Other services
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗spc4clients.com ↗
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The full record on SPC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Rank against 672 peers of its type and size
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- Owners and executives, with titles and stakes
- 7 namedLocked
- Main office, fax and compliance officer
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Michigan
All of Michigan →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Plante Moran Financial AdvisorsSouthfield | $27B | 3,988 |
| Mainstay Capital Management, LLCGrand Blanc | $5.3B | 3,454 |
| Rehmann WealthLansing | $5.3B | 2,186 |
| Advance Capital Management IncSouthfield | $5.0B | 7,287 |
| CG Advisory ServicesWilliamston | $4.6B | 4,898 |
| Advisory Alpha, LLCHolland | $4.4B | 8,799 |
Compare SPC with
- SPC vs Plante Moran Financial Advisors $27B · Southfield, MI
Background
Questions
How much does SPC manage?
SPC reports $6.1B in regulatory assets under management across 26,433 accounts, 100% of it on a discretionary basis, on its Form ADV filed May 7, 2026.
How many clients does SPC have?
It reports 30,595 individual clients: 832 high-net-worth individuals and 29,763 other individuals. Individuals account for about 96% of its regulatory assets.
Where is SPC headquartered?
Its main office is in ANN Arbor, Michigan. It reports 337 offices in total and 471 employees, 471 of whom perform investment advisory functions.
How does SPC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees; other. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does SPC use?
It reports Fidelity as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed May 7, 2026, it reports these amounts held: Fidelity ($5.7B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is SPC a hybrid RIA with a broker-dealer?
SPC is a hybrid RIA: 465 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Parkland Securities, LLC and Sigma Financial Corporation. Parkland Securities, LLC clears through National Financial Services (Fidelity), according to its annual report filed with the SEC. Sigma Financial Corporation clears through National Financial Services (Fidelity), according to its annual report filed with the SEC. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is SPC a fiduciary?
As an SEC-registered investment adviser, SPC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 465 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is SPC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-05-07), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →