Edward Chang is a registered investment advisor at Pledge Capital LLC, based in Great Neck, NY, with 4 years of industry experience. Edward operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 45 clients with $11M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Pledge Capital offers two types of investment management services:
- Discretionary Investment Management: For qualified clients, Pledge Capital charges an annual asset-based fee (up to 0.75%) and a performance-based profit allocation (up to 15%). The asset-based fee is billed quarterly. The performance fee is subject to a "high water mark" provision, meaning it's only deducted when the account value exceeds the highest historic value within a 5-year period.
- Non-Discretionary Investment Management: Pledge Capital charges an annual asset-based fee of up to 2.50%, billed quarterly.
Location
Great Neck, NY
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Current Registrations
Pledge Capital LLC
State Registrations1 state
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