Mary Hughes
Mary Hughes is a registered investment advisor at Spiderrock Advisors, LLC, based in East Hampton, NY, with 4 years of industry experience. Mary operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 769 clients with $6B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
SpiderRock Advisors charges an annual management fee based on a percentage of the assets allocated to SRA. Fees are negotiable and depend on the client, strategy, amount of assets managed, and service level. A minimum annual fee may apply, but SRA has the discretion to lower or waive it. Clients may choose to pair strategies, resulting in separate advisory fees for each strategy implemented on the same assets. Standard annual advisory fee rates are:
- SpiderRock Hedged Equity Concentrated Stock (SRHEC): 0.50%
- SpiderRock Hedged Equity Portfolio (SRHEP): 0.50%
- SpiderRock Managed Index Income (SRMII): 0.60%
- SpiderRock Cash Secured Put (SRCSP): 0.50%
- SpiderRock Exchange Fund Replication (SREFR): 0.85%
- SpiderRock Opportunistic Yield Enhancement (SROYE): 0.70%
- SpiderRock Structured Note Replication (SRSNR): 0.60%
- SpiderRock Index/Stock Replacement (SRISR): 0.60%
- SpiderRock Capital Efficient Borrowing (SRCEB): 0.50%
Location
East Hampton, NY
Get directionsHistory
Regulatory History (2)
Regulatory
June 2009Regulatory
October 2007Employment History
Current Registrations
Spiderrock Advisors, LLC
Blackrock Investments, LLC
Blackrock Investments, LLCBroker
Previous Registrations
Blackrock Investment Management, LLC
Stratifi, LLC
Wellington Management Advisers, INCBroker
Alps Distributors, INC.Broker
State Registrations53 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.