Michael D. Taxman Investment Management provides ongoing investment advice to clients based on their individual needs and circumstances. The firm develops a tailored investment strategy after discussing the client's financial situation, objectives, and risk tolerance. The firm primarily recommends passively managed mutual funds and ETFs, believing they offer low costs, tax efficiency, and reliable exposure to asset classes. The firm does not provide legal or tax advice or financial planning services.
Assets Under Management$140M
Clients27
Advisors1
Avg. per Client$5.1M
Avg. per Advisor$140M
Fee Structure
Minimum Investment:$1M
Investment management only (planning not offered)
Minimum Annual Fee:$8,000
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.80% |
| $1.0M - $2.0M | 0.65% |
| $2.0M - $5.0M | 0.50% |
| $5M+ | 0.35% |
Annual advisory fees and minimums are negotiable solely at the firm’s discretion, with the exception that at no time will advisory fees exceed 2% per year regardless of account size.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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