Michigan, a cornerstone of the Midwest, boasts a rich history of industrial innovation and economic leadership. Known as the birthplace of the automobile industry, Michigan is home to automotive giants such as General Motors, Ford, and Stellantis, headquartered in Detroit, which has earned the nickname “Motor City.” Beyond its automotive legacy, Michigan is a hub for industries such as healthcare, advanced manufacturing, and technology, attracting wealth management firms and family offices. Cities like Grand Rapids, renowned for its furniture manufacturing and vibrant art scene, and Birmingham, known for its affluent residential communities, provide fertile ground for family offices to thrive. Leading academic institutions, including the University of Michigan and Michigan State University. In this article, we present the leading family office investors from the state.
One major single family office is the Mitchell Family Office, which was launched in 2015 by Mark Mitchell. Mitchell is the founder of the healthcare provider Visiting Physicians Association and US Medical Management, selling his stake in the company in 2014 to stock-listed firm Centene. The Birmingham-based family office invests in public markets, legacy brands, private capital and real estate. Many of the portfolio objects can be found in Michigan, too. For instance, the 27777 Inkster Road building in Farmington Hills, or another residential property in Birmingham. Another major family office in Michigan is ROCK, which invests for the Gilbert family. In Michigan, there are more major single than multi family office. One modern multi family office, however, is The Connable Office, which was taken over from CRESSET. The multi family office has been based in Kalamazoo for more than 125 years.
List of the top 10 family offices in Michigan
In the following section, we introduce our list of the 10 leading family offices in Michigan, including their type, city, and link to their website.
Family Office | City | Type |
---|---|---|
Mitchell Family Office | Birmingham | Single |
ROCK | Detroit | Single |
42 North Partners | Grand Rapids | Single |
Generations Management | Detroit | Single |
George Companies | Detroit | Single |
TB6 Ventures | Grand Rapids | Single |
Buttonwood Capital Management | Ada | Single |
Ford Estates, LLC | Detroit | Single |
Highway Ventures | Detroit | Single |
The Connable Office | Kalamazoo | Multi |
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This article has been written as part of our research for our list of the leading US family offices. The list includes single—and multi-family offices. This article presents fifteen leading family offices from the state of Michigan, including cities like Detroit and Grand Rapids.
Upon request via contact [at] familyofficehub.io, you can receive a free preview file of the list.
Picture source: Alex Brisbey
Last Updated on December 7, 2024