Business Details
46 Years
experience
Trusted Investment Management Services in Grand Haven
Abbit Management has been dedicated to building strong client relationships through personalized investment solutions since 1980. Our team of seasoned professionals specializes in pre-need master trusts and investment management, combining decades of industry experience with a commitment to transparency and client education. We provide comprehensive services including portfolio management, pension consulting, and selection of investment advisers, all supported by same-day processing and direct communication channels.Our SEC-registered status and research-driven investment philosophy ensure rigorous oversight and tailored strategies for risk-appropriate returns. With a focus on Michigan's pre-need market, we offer free contract access, detailed performance reporting, and ongoing staff training to funeral service providers seeking financial stability for their clients.
Services
Investment Management
Pre-Need Master Trusts
Portfolio Management
Pension Consulting
Investment Advisory
Account Monitoring
Financial Planning
Retirement Strategies
Trust Administration
Wealth Management
Details
- Year established: 1980
Highlights and features
- We offer same-day claims processing and electronic fund transfers
- Our team includes Certified Trust & Financial Advisors with Series 65 licenses
- We provide free contract access and no membership fees
- Our investment strategies are based on 30+ years of market experience
- We maintain SEC registration with multiple oversight layers for fund security
Associations and certifications
- SEC Registered Investment Adviser
Services
Investment Management
Our investment management services focus on creating tailored strategies that align with individual risk tolerance and financial goals. We utilize research-driven methodologies to build diversified portfolios while maintaining strict compliance with regulatory standards. Our team continuously monitors market conditions to optimize returns while preserving capital for long-term growth.
Pre-Need Master Trusts
We specialize in pre-need master trusts that provide funeral service providers with secure investment solutions for future services. These trusts ensure funds grow over time to cover inflationary costs while maintaining 100% refundability. Our program includes comprehensive reporting and staff training to help providers explain benefits to their clients.
Pension Consulting
Our pension consulting services help individuals and businesses develop sustainable retirement strategies. We analyze current financial positions, project future needs, and create customized plans that integrate with overall investment portfolios. Our approach emphasizes tax-efficient distributions and longevity risk management for retirement security.
Financial Planning
We offer comprehensive financial planning that addresses investment strategies, risk management, and estate planning considerations. Our process begins with detailed needs analysis followed by creation of actionable plans that evolve with changing life circumstances. We emphasize education to help clients make informed decisions about their financial futures.
Trust Administration
Our trust administration services combine investment expertise with meticulous record-keeping and compliance oversight. We manage assets according to specified guidelines while providing transparent reporting and beneficiary communication. The program includes regular performance reviews and adjustments to maintain alignment with evolving financial objectives and market conditions.
People
Sam Westers
Client Relationship Manager
Sam joined Abbit in 2023 with prior experience at local investment advisory firms. He holds a Bachelor of Finance from GVSU and a Series 65 license. Specializes in creating financial plans and investment recommendations while managing client accounts.
Alicia Jorgensen
Account Administrator
Alicia joined Abbit in 2021 with 10 years of MDHHS experience. She manages day-to-day operations for pre-need clients across Michigan. Holds a Bachelor of Science in Education from Western Michigan University and extensive nonprofit management background.
Joseph E. Risselade
President
Second-generation owner with over 30 years in investment industry. Focuses on strategic planning and client investment solutions. Active in community organizations including Spring Lake Country Club board and Second CRC church leadership.
James E. Slater II
Chief Investment Officer
CIO since 2012 with dual degrees in Business Administration and Communications. Certified Trust & Financial Advisor with expertise in creating investment strategies. Ironman triathlete with extensive experience in portfolio management for diverse client needs.
Tori Petterson
Client Service Advisor
NSSA-certified advisor since 2017 with background in financial analysis and business ownership. Specializes in retirement planning and social security strategies. Graduated from Central Michigan University and provides personalized investment guidance to clients.
Questions
What is a pre-need master trust?
A pre-need master trust invests 100% of contract funds to grow value over time, ensuring future funeral services maintain purchasing power while remaining fully refundable.
How does Abbit's service differ from insurance?
Unlike insurance that caps earnings and may retain 50% of payments, our trusts guarantee growth potential with full refundability and transparent fee structures.
What investment options are available?
We offer diversified portfolios tailored to risk tolerance, including pension consulting, trust administration, and customized wealth management strategies with ongoing performance monitoring.
How are fees structured?
Asset-based fees are charged quarterly with no hidden costs. We provide full disclosure of custodian fees, transaction charges, and investment product expenses.
Can I access my account information online?
Yes, we provide secure online access for account monitoring, report generation, and document retrieval with same-day processing for deposits and claims.
What support do you offer funeral providers?
We provide training materials, free contract forms, dedicated account administrators, and direct phone support during business hours with no automated phone systems.
