30-49 Employees

4

Executive Wealth Management

Overall Ranking22

Employees37 Firm TypeHybrid FounderAlbert P. Herzog III LocationBrighton, Mich. Primary CustodianTD Ameritrade Institutional Broker DealerPrivate Client Services

Overall Ranking22

Employees37 Firm TypeHybrid FounderAlbert P. Herzog III LocationBrighton, Mich. Primary CustodianTD Ameritrade Institutional Broker DealerPrivate Client Services

As the leaders of Executive Wealth Management contemplated the firm’s legacy several years ago, they realized a major change in direction was necessary, said Michael R. Chechel, Jr., managing director.

As the leaders of Executive Wealth Management contemplated the firm’s legacy several years ago, they realized a major change in direction was necessary, said Michael R. Chechel, Jr., managing director.

“We wanted to transition away from having individual silos within the company,” he said, referring to the numerous adviser practices previously operating within the organization.

With a focus on unifying the practice, leadership decided to take ownership of all the clients and supported this change by developing a new culture. Some of the steps they took included:

• Creating new company values based on trust, compassion and community, which are discussed and displayed constantly.

• Communicating the company’s economic progress with all offices via an intra-office blog.

• Encouraging public recognition of employment anniversaries and small and large jobs well done.

• Building trust with employees through fun activities such as ice cream socials, BBQ Fridays and birthday lunches.

Employees are “100%” happier, Mr. Chechel said. Now all of them enjoy the same perks and procedures, and they share in the vision of the company as a whole.

“If you’re doing it on a constant basis, that’s when it works. Your [company] reputation ripples out into the community and it makes clients happy, too,” he said.

— Deborah Nason

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