Center For Financial Planning Inc

Center for Financial Planning, Inc. is an SEC-registered investment adviser based in Southfield, Michigan, specializing in financial planning and investment management services since 1985. The firm's assets under management as of February 28, 2025, totaled approximately $1.71 billion, with services including goal planning, retirement and college planning, investment analysis, estate planning, and more. Clients are charged fees based on a fee schedule, with an initial financial planning fee ranging from $2,000 to $4,000 and an annual fee of $1,500 to $3,000. The firm engages in strategic asset allocation and utilizes various investment vehicles, including stocks, bonds, mutual funds, and ETFs, to build diversified portfolios. Clients have the option to impose restrictions on investments, and the firm offers Raymond James Consulting Services-managed wrap programs. The firm acts as a fiduciary, ensuring that client interests are prioritized. The firm does not have performance-based fees, and client accounts are reviewed at least annually. The firm does not vote proxies on behalf of clients and does not have financial conditions impairing its ability to meet commitments. The firm's employees adhere to a Code of Ethics and do not accept referral fees. The firm does not have custody of client funds but recommends Raymond James & Associates as a custodian. The firm may receive compensation from product sponsors and does not vote on client securities. The firm offers discretionary and non-discretionary account management services, with limited power of attorney for trading in discretionary accounts. The firm does not vote on client securities or handle financial conditions that may impair its commitments.