Rene Bustamante is a registered investment advisor at Mackay Shields LLC, based in New York, NY, with 22 years of industry experience. Rene operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 361 clients with $150B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
MacKay Shields' fees are based on a percentage of the value of the assets in the client’s account. The fees generally range from 0.030% to 1.500% annually of assets under management, depending on the strategy and the type of account. Fees are negotiable and may be waived, rebated, or reduced.
Location
299 Park Avenue, 32nd Floor, New York, NY, 10171
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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
Rene is a Cybersecurity Advisory Board Member at A-S Medication Solutions. This activity requires minimal time and is not investment-related.
Employment History
Current Registrations
Mackay Shields LLC
Nylife Distributors LLCBroker
Previous Registrations
New York Life Investment Management LLC
Hsbc Brokerage (USA) INC.Broker
State Registrations2 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.