Michael Friday is a CFA-designated registered investment advisor at Staley Capital Advisers INC, based in Pittsburgh, PA, with 23 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management. Their firm serves 424 clients with $2.9B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $3.0M | 0.75% |
| $3.0M - $10.0M | 0.55% |
| $10M+ | 0.35% |
Some client relationships are charged a flat percentage rate rather than a scaled fee. Flat percentage fees for private accounts ranged from 0.125% to 0.55% on 12/31/2024, depending on the number, size, and complexity of the accounts within the relationship. Fees may be negotiable.
Fee Estimator
Location
One Oxford Centre, Suite 3950, Pittsburgh, PA, 15219
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Michael is a board member of The Edgewood Club, a private recreational club, since 2017. He dedicates minimal time to this uncompensated role.
Employment History
Current Registrations
Staley Capital Advisers INC
Previous Registrations
Arthurs Lestrange Investment Advisory, INC.
Arthurs Lestrange Asset Management
State Registrations2 states
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