Meixin Management LLC is a mid-sized advisory firm based in New York. It manages $26.68 million of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of New York and Washington.
Meixin Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Meixin Management LLC is $26.68 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 867% since the beginning of its operation, and $22.92 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Meixin Management LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Hui Chen is pooled investment vehicles with 10 clients and $26.68 million of assets under management. Among the 5 most similar advisory firms, Meixin Management has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $26.68 million for 10 clients. 70% of the firm’s clients are foreign persons or businesses.
Meixin Management also advises several private funds. Namely, six real estate funds and four other private funds. The minimum investment commitment required of non-related persons ranges from $10,000 to $100,000.
The company employs 11 people that are either part- or full-time employees. 73 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.
There isn’t anyone 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.
Meixin Management LLC is owned by Lingfang Chen Chen. Hui Chen has been acting as President since 1 Feb 2016. Meixin Inc joined the executive team most recently as the Owner.
The principal office where Meixin Management LLC performs its advisory services is located at 552 Broadway, New York, NY 10012, which is also the mailing address of the firm. An additional office of the firm is in Bellevue, WA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 917-410-6668. The normal business hours are 10am-6pm on Monday - Friday. You can find more information about the New York firm at us.meixinglobal.com/.