David Angeline is a registered investment advisor at Karpus Investment Management, based in Pittsford, NY, with 4 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 1,823 clients with $4B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Karpus Investment Management's fees are based on a percentage of the assets they manage. They charge a minimum annual fee of $2,000, which can be reduced at their discretion. Fees can be negotiated based on account size, complexity, or other considerations. Clients can get a fee discount if they agree to a contract for a specified duration. Karpus also offers a Cash Investment Management Service and an Asset Management Service, each with its own fee schedule.
Cash Investment Management Service:
- 1% on the first $1,000,000
- 0.80% on the next $1,000,000
- 0.60% on the next $3,000,000
- 0.50% on the next $5,000,000
- 0.45% on the next $15,000,000
- 0.35% on the balance over $25,000,000
Asset Management Service:
- Fees vary based on whether the portfolio is fixed income, balanced, or equity management. See the fee schedule below.
Location
183 Sully'S Trail, Pittsford, NY, 14534
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Current Registrations
Karpus Investment Management
State Registrations3 states
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