Nels Wangensteen is a registered investment advisor at Maytech Global Investments, based in New York, NY, with 10 years of industry experience. Nels 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 119 clients with $850M 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 $2.5M | 1.50% |
| $2.5M - $5.0M | 1.40% |
| $5.0M - $7.5M | 1.30% |
| $7.5M - $10.0M | 1.20% |
| $10M+ | 0.90% |
For accounts with a market value equal or greater than $10 million, the first $10,000,000 is charged 1.25% per annum. Fees may be negotiable for some clients.
Fee Estimator
Location
950 Third Avenue, 18th Floor, New York, NY, 10022
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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
Nels is a trustee for The Panaphil Foundation, a charitable foundation, since 2017. He spends minimal time reviewing charities and investments for the foundation.
Employment History
Current Registrations
Maytech Global Investments
Previous Registrations
Neuberger Berman, LLC
State Registrations1 state
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