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Michael Mayer

2 Years of Experience
West Harrison, NY

Michael Mayer is a registered investment advisor at Wealthspring Capital LLC, based in West Harrison, NY, with 2 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 125 clients with $510M in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
3 advisors
Number of Clients
125 clients
Average Client Portfolio
$4.1M average
Assets Under Management
$515.0M

Fee Structure

Minimum Investment:$250K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $500K0.70%
$500K - $5.0M0.60%
$5M+0.50%

Fees are generally negotiable. Some existing qualified clients pay a 20% performance fee based on capital appreciation in lieu of the standard fee. WSC may aggregate the assets of related accounts to reach lower advisory fee breakpoints. WSC has the right to waive/reduce any client fees, including fees charged on cash and cash equivalents and on assets managed outside of the firm’s main investment strategies, and will consider the aggregate assets under management under a sub-advisory agreement when making this determination.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

2 Westchester Park Drive, Suite 108, West Harrison, NY, 10604

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

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Employment History
Current Registrations
Wealthspring Capital LLC
December 2023 - Present · 2 yrs 5 mos
State Registrations1 state
NY
Advisor

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.

Exams
No exam information available for this advisor.