Patrick Mcgrade
Patrick Mcgrade is a registered investment advisor at Mai Capital Management, LLC, based in Jersey City, NJ, with 19 years of industry experience. Patrick operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, High Net Worth, Investment Management, and 2 more. Their firm serves 12,787 clients with $30B 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 $5.0M | 1.00% |
| $5.0M - $10.0M | 0.90% |
| $10M+ | 0.80% |
MAI negotiates fees at its discretion, resulting in clients under different fee schedules.
Fee Estimator
Location
499 Washington Blvd, 8th Floor, Suite 810, Jersey City, NJ, 07310
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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 ActivitiesSells Insurance
Patrick is a board member for the Staten Island Rotary Club, a volunteer service organization, dedicating a few hours per week. He is also a Managing Principal/Employee Benefit Advisor at Edgewood Partners Insurance Center (EPIC), advising companies on employee benefits including health, dental, vision, and life insurance, taking nearly full-time hours.
Employment History
Current Registrations
Mai Capital Management, LLC
Previous Registrations
Osaic Wealth, INC.
Osaic Wealth, INC.Broker
State Registrations3 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.