Michael Chang is a CFA-designated registered investment advisor at Novice Capital LLC, based in San Mateo, CA, with 1 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 6 clients with $12M 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 | 1.00% |
Additionally, up to 1.00% of the amount of assets under management may be charged for research expenses. Qualified clients will pay an annual fee of 1.00% of assets under management along with a 25.00% performance fee based on capital appreciation.
Fee Estimator
Location
3 East 3rd Avenue Suite 200, San Mateo, CA, 94401
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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
Michael is a partner in a family real estate business, dedicating a few hours per week to this activity. He does not earn commissions or solicit advisory clients for this venture.
Employment History
Current Registrations
Novice Capital LLC
State Registrations1 state
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