Michael Durante is a registered investment advisor at Blackwall Partners LLC, based in Dallas, TX, with 21 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 1 clients.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Fee Structure
Blackwall Partners manages a hedge fund and charges a quarterly management fee of 0.50% (2.0% annually) of each investor's capital account value. Qualified clients also pay an annual performance allocation of 20% of the fund's net profits, subject to a high water mark. These fees are only applicable when the fund is active.
Location
Dallas, TX
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Michael is a finance officer and heir to the equity of Pavement Technology, Inc. (PTI), a family business involved in roadway and bridge maintenance. This takes about half of Michael's time, including approximately 3 hours per day during trading hours, but his daily involvement will end after Blackwall is recapitalized.
Employment History
Current Registrations
Blackwall Partners LLC
Previous Registrations
Western Reserve Capital Management, LP
State Registrations1 state
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