The Winner's Circle® ©2008 by the Winner's Circle

The Winner's Circle: Detroit Top Wealth Advisers

HNW/UHNW Advisers Typical Account Typical Net First Name Last Name Firm City Size ($mm) Worth ($mm) Team Total Assets

1 Robert Stulberg Merrill Lynch & Co. Bloomfield Hills $2mm-25mm+ $5mm-100mm $2,202,737,000 2 Dana Locniskar Merrill Lynch & Co. Detroit $5mm-40mm $10mm-50mm $3,400,000,000 3 John Kulhavi Merrill Lynch & Co. Farmington Hills $5mm-15mm+ $15mm-50mm+ $950,000,000 4 Stephen Fox Smith Barney Troy $1mm-5mm+ $2mm-5mm+ $1,260,000,000 5 Frank Migliazzo Merrill Lynch & Co. Auburn Hills $15mm $25mm-50mm $2,100,000,000 6 Steven Riga UBS Financial Services Birmingham $1mm-5mm $2mm-10mm $1,005,000,000 7 Don B. Gill Jr. Merrill Lynch & Co. Bloomfield Hills $1mm-10mm $3mm-10mm $745,000,000 8 William Messner Morgan Stanley Birmingham $10mm $20mm $2,750,000,000 9 Paul Hack Raymond James & Associates Farmington Hills $1mm-10mm $5mm-25mm $425,000,000 10 Tabb* Wile JPMorgan Private Client Services Bloomfield Hills $10mm $20mm $2,500,000,000 11 David* Clark JPMorgan Private Client Services Bloomfield Hills $10mm $12.5mm $2,500,000,000 12 Carl Crimmins Morgan Stanley Birmingham $350k $1mm $222,000,000 13 Marie Vanerian Merrill Lynch & Co. Detroit $10mm+ $25mm+ $2,000,000,000 14 David Brazen Brazen, Kennelly, Cooper, Matatov & Associates Troy $1mm $2.5mm $300,000,000 15 Todd Knickerbocker Raymond James & Associates Northville $500k-1.5mm $5mm+ $242,000,000 16 Marja Norris UBS Financial Services Birmingham $1.5mm-2.5mm $3mm-4mm $380,000,000 17 Pamela Shaw UBS Financial Services Dearborn $1mm $1mm $211,000,000 18 J.R. Hesano JPMorgan Private Client Services Grosse Pointe $5mm $10mm $600,000,000 19 Paul Giles Ameriprise Financial Troy $300k-500k $500k-700k $212,000,000 20 John Low Wachovia Securities Bloomfield Hills $2mm-5mm $1mm-4mm $245,000,000 21 Colleen Schon Raymond James & Associates Auburn Hills $1mm $1mm-2mm $207,000,000 22 Shawn Burr Smith Barney Troy $1mm $2mm $357,000,000 23 Patrick O'Neill UBS Financial Services Plymouth $1mm-3mm $2mm-5mm $229,000,000 24 Christopher Forte Wachovia Securities Birmingham $50mm $50mm $1,200,000,000 25 R. Griffith McDonald Mutual Service Corporation Ann Arbor $500k-1.5mm $1mm $589,000,000 26 Michael Kneale Morgan Stanley Birmingham $450k $500k-4mm $350,000,000 27 Rebecca Sorensen UBS Financial Services Bloomfield Hills $3mm-5mm+ $5mm-10mm+ $600,000,000 28 Jacquelin Moody Park Avenue Wealth Management, LLC Livonia $2.5mm $7.5mm $210,000,000 29 Mark Burns Burns Investment Group Inc. Farmington Hills $2mm $3mm $375,000,000 30 Michael Welch Robert W. Baird & Co. Birmingham $3mm-5mm $10mm $259,000,000 31 Dominic Nieto Morgan Stanley Livonia $1mm-10mm $5mm $190,000,000 32 Stephen Cooper Smith Barney Troy $500k-2mm $1mm-5mm $201,502,049 33 Kenneth Demps Morgan Stanley Rochester $500k $1mm $200,132,653 34 Tim Bearden Stonebridge Financial Partners, LLC Bingham Farms $1.2mm $3.5mm $160,000,000 35 Sean Moran Smith Barney Grosse Pointe $3.5mm $5mm $248,000,000 36 Jay Keranen Morgan Stanley Birmingham $1mm-5mm $1mm-10mm $215,000,000 37 Karla Olson-Bellfi Wachovia Securities Ann Arbor $250k $1.5mm $377,900,000 38 Larry Moss Raymond James & Associates Birmingham $500k-3mm $3mm-5mm+ $257,847,000 39 Gary Bice Morgan Stanley Birmingham $2mm-20mm $5mm-30mm $430,000,000 40 Michael Fleischer Smith Barney Troy $500k $1mm $179,000,000

**This is being printed in the October 2008 issue of Crain's Detroit Business with permission by The Winner's Circle, LLC, owners of the copyright, with the understanding that the Winner's Circle registered trademark and copyrighted material and rights are protected. This may not be published outside of Crain's Detroit Business without written consent from The Winner's Circle, LLC. 1. Investable assets, excluding primary residence; "x" indicates 5% or more of advisor's business. 2. Total team assets include custodied and non-custodied assets that advisor and team advise. Advisor is ranked on individual assets, or percentage of contribution to team; some individuals on list are not part of teams and assets reflect only their share. Different weightings are assigned to different types of assets 3. Ranking algorithm includes revenues produced, but is not published. 4. Account size and net worth refer to individual business, not institutional; net worth includes primary residence. 5. * represents partners.

See www.WCorg.com for more information or to nominate an advisor for next year's list.

Ranking Criteria The Winner's Circle® is an organization independent of the firms involved and does not receive compensation from the over 100 participating firms or its affiliates, financial advisors or the media in exchange for ranking purposes. Each advisor on this year’s Crain's Detroit Business list was filtered down from a national list from securities firms, banks, independent firms and more. The Winner’s Circle team vetted each Series-7 registered advisor through a host of quantitative and qualitative criteria, including assets managed, revenues, experience levels, acceptable compliance records and U4 forms, discussions with management and more. Because client portfolios vary and are typically unaudited, portfolio performance is not a criteria; instead, The Winner's Circle focuses on customer satisfaction and client retention. The Winner’s Circle is a registered trademark of The Winner's Circle, LLC. For more information about The Winner’s Circle or to nominate an advisor, visit www.WCorg.com.