Mainstay Capital Management, LLC is a large advisory firm based in Grand Blanc. It manages $2.57 billion of regulatory assets for 3,641 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.
Mainstay Capital Management provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for approximately 2,500 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Mainstay Capital Management, LLC is $2.57 billion. The firm's AUM has grown by 1829% since the beginning of its operation, and $3.67 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Mainstay Capital Management, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Mainstay Capital Management is high net worth individuals with 876 clients and $1.34 billion of assets under management. Among the 8 most similar advisory firms, Mainstay Capital Management has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $2.37 billion for 3,636 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Mainstay Capital Management doesn't advise any private funds.
The company employs 26 people that are either part- or full-time employees. 62 percent of the employees work as investment advisers or researchers. 16 employees are registered as investment adviser representatives with the state securities authorities.
There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Mainstay Capital Management, LLC performs its advisory services is located at 10775 South Saginaw, Grand Blanc, MI 48439 The mailing address of the firm is P.O. Box 487, Grand Blanc, MI 48480. An additional office of the firm is in Naples, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 866-444-6246 or by fax 810-953-5514. The normal business hours are 9:00am to 5:00pm est on Monday - Friday. You can find more information about the New York firm at mainstaycapital.com and its LinkedIn profile.