MS

Michael Douglas Strang

6 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
18 advisors
Number of Clients
626 clients
Average Client Portfolio
$50K average
Assets Under Management
$31.1M

Fee Structure

Financial Planning:Investment management only
Financial Plan Fee:$12 - $48

The firm charges an annual advisory fee of 0.10% of assets under management for Ongoing advisory services, accrued monthly and payable upon a "Liquidating Event". For Art Investment Plans, the monthly advisory fee is $1 for investment amounts less than $500, $2 for $501-$2,500, and $4 for $2,500+. These fees are assessed annually. The firm does not currently charge an advisory fee for Point-in-Time advice or Strategy Opportunities. Masterworks receives compensation from Masterworks Issuers.

Areas of Practice
Investment Management
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Advisor Information

Office location

1 World Trade, 57th Floor, New York, NY, 10007

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Regulatory History (1)
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Employment Separation After Allegations
April 2021
Other Business Activities

Michael is an employee of Masterworks, LLC, an alternative investment platform, since September 2023. As a Masterworks Platform Associate, he performs defined administrative functions for a few hours per week.

Employment History
Current Registrations
Masterworks Advisers, LLC
June 2023 - Present · 2 yrs 7 mos
Previous Registrations
Arete Wealth Advisors, LLC
June 2022 - June 2023 · 1 yr
Arete Wealth Management, LLCBroker
October 2021 - March 2023 · 1 yr 5 mos
Wells Fargo Clearing Services, LLC Broker
September 2018 - May 2021 · 2 yrs 8 mos
State Registrations2 states
NYTX
Advisor
Exams
No exam information available for this advisor.