Michael Thornton
Michael Thornton is a CFA-designated registered investment advisor at Octant Quantitative Investment Management LLC, based in Salt Lake City, UT, with 13 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 7 clients with $130M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.50% |
Strategies that do not have performance-based fees have asset-based fees up to 2.5%. Qualified investors also pay 20% of capital gains above a high water mark. Fees are negotiable and may be lowered based on the strategy executed.
Fee Estimator
Location
2055 East 3900 South Suite #100, Suite 100, Salt Lake City, UT, 84124
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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.
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Michael develops trading strategies and provides consulting services through Lexington Holdings. This activity takes about half of his time.
Employment History
Current Registrations
Octant Quantitative Investment Management LLC
State Registrations2 states
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