Deals and People

Advisory Firm Opens to Guide University Employees

In addition to offering retirement-guidance to university employees, Provizr also offers an automated portfolio-management option. 

By Javier Simon editors@strategic-i.com | November 02, 2016

A team of wealth managers based in Ann Arbor, Michigan, has opened the doors to Provizr, an investment advisory firm established to help university employees manage their school-sponsored retirement accounts.

The independent firm provides portfolio management and retirement-guidance services to university staff and administration, primarily focusing on University of Michigan faculty and administrative staff. Using various strategies, Provizr analyzes markets, necessary trades and monitors its clients’ accounts. It also provides clients with an adviser and automated portfolio management.

The firm is led by three investment-management professionals with more than 50 combined years of industry experience.

“Investing can be complex and time consuming, and the university employee has never really had a dedicated resource to help them navigate their way to retirement,” says David Fransko, managing partner, Provizr. "That’s why we are excited to launch Provizr and help our local university community with its unique retirement-planning needs. The services we offer are niche to this community and we work one-on-one to ensure our clients have more time for family and friends, and less stress about their financial future.”

Provizr is a fiduciary and registered-investment adviser (RIA). It also has existing relationships with both Fidelity and TIAA, so employees do not have to transfer their accounts. The company will help individuals with their 403(b), 401(a) and/or 457(b) plans which are retirement accounts specific to certain public and non-profit institutions.

Provizr is located at 900 Victors Way, Suite 240, in Ann Arbor, Michigan. Full details about the services offered are available on its website, MyProvizr.com.