Michael Cross is a registered investment advisor at Southernsun Asset Management LLC, based in Memphis, TN, with 15 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 95 clients with $830M 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 $50.0M | 1.00% |
| $50.0M - $100.0M | 0.95% |
| $100M+ | 0.90% |
Fee schedule is for the Small Cap Strategy. Minimum separately managed account size is $5,000,000 with a minimum annual fee of $50,000. SouthernSun may at its discretion waive the minimum account size or negotiate a fee which is more or less than indicated in the fee schedules. The fee schedule may vary due to servicing requirements, account inception date, and other factors. Further, SouthernSun may choose, at its discretion, to rebate or waive the collection of all or a portion of its management fee. SMID Cap Strategy fees: First $50 million: 0.90%, Next $50 million: 0.85%, Excess: 0.75%. Minimum separately managed account size is $5,000,000 with a minimum annual fee of $45,000.
Fee Estimator
Location
240 Madison Avenue, Suite 800, Memphis, TN, 38103
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Current Registrations
Southernsun Asset Management LLC
State Registrations2 states
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