Mainstay Capital Management provides financial planning, portfolio management for individuals and small businesses, and educational seminars. Financial planning was provided to 251–500 clients last fiscal year.
Mainstay Capital Management reports 3,454 clients. They include 1,790 individual clients and 1,664 high-net-worth individuals. Of its assets, 88.3% ($4.69B across 3,458 accounts) are managed with discretion; $619M across 2 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 52% | 15% |
| High-net-worth individuals | 48% | 78% |
| Banking or thrift institutions | Fewer than 5 | 7% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,790 | $812M | 15.3% | $453K |
| High-net-worth individuals | 1,664 | $4.12B | 77.7% | $2.48M |
| Banking or thrift institutions | Fewer than 5 | $372M | 7.0% | — |
| Corporations and other businesses | Fewer than 5 | $2.79M | 0.1% | — |
| Total | 3,454 | $5.31B | 100% | — |
- Clients
- 1,790
- Regulatory AUM
- $812M
- AUM share
- 15.3%
- Avg. per client
- $453K
- Clients
- 1,664
- Regulatory AUM
- $4.12B
- AUM share
- 77.7%
- Avg. per client
- $2.48M
- Clients
- Fewer than 5
- Regulatory AUM
- $372M
- AUM share
- 7.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $2.79M
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 3,454
- Regulatory AUM
- $5.31B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Mainstay Capital Management charges 0.40%–1.50% a year for its Mainstay Wealth Management. The fee is billed in arrears, is negotiable and has a $1,120 annual minimum.
Fee details and sources
David Kudla owns 75% or more of Mainstay Capital Management. The leadership team of Mainstay Capital Management includes Chief Investment Officer David Kudla and Chief Compliance Officer Christine Weiler. It has 33 employees, 19 of them in advisory roles.
Leadership
- Christine WeilerChief Compliance Officer
- David KudlaMember/CEO/Chief Investment Strategist
Investment adviser representatives
22 representatives listed in the SEC register as of 9 October 2026.
- Paul Alexander Austin
- Anthony Dean Bagneschi
- Terry Lee Bennett
- William Leonard Berlin
- Jason M Best
- Scott Christopher Brady
- Scott John Laduke
- Nicholas Lemp
- Jeremiah Ludington III
- Bartholomew Timothy-Dylan Mackler
- Catheryn Lee Makela
- Curtis Eugene Moore
- Robert Louis Puz
- Hari K Rao
- Patrick James Rice
- Anthony M. Shaieb
- Dylan J. Stewart
- Michael D Wallen II
- Donald Joseph Whitton
- Zachary Wilcox
- Erica Ann Witmer
Staff
- 33 employees
- 19 in advisory functions
- 16 state-registered reps
- 1 soliciting firm
- Owns 75% or more of Mainstay Capital Management, LLC
David Kudla
Control person · since October 2002
Mainstay Capital Management’s regulatory assets grew from $3.78B (July 2021) to $5.31B (July 2026); clients fell from 3,820 to 3,454 and employees rose from 29 to 33.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $5.31B | 3,454 | 33 | 5 |
| July 2025 | $4.52B | 3,457 | 34 | 5 |
| July 2024 | $4.02B | 3,476 | 31 | 5 |
| July 2023 | $3.61B | 3,657 | 29 | 5 |
| February 2022 | $3.86B | 3,831 | 29 | 4 |
| July 2021 | $3.78B | 3,820 | 29 | 4 |
Besides its headquarters, Mainstay Capital Management has 4 offices, with 5 listed addresses in Florida and Michigan.
Michigan · 4 listed addresses
- 10775 South Saginaw, BLDG C, Suite F, Grand BlancHQ
- 2723 South State Street, Ann Arbor
- 39555 Orchard Hill Place, Novi
- 803 West Big Beaver RD., Troy
Florida · 1 listed address
- 999 Vanderbilt Beach Road, Naples
Contact and registration details
- Legal name
- Mainstay Capital Management, LLC
- Headquarters
- 10775 South Saginaw, BLDG C, Suite F, Grand Blanc, MI 48439
- Website
- mainstaycapital.com
- Phone
- 866-444-6246
- @mainstay-capital-management-llc
- SEC file
- 801-58099
- Structure
- Michigan LLC
- Fiscal year end
- December
Mainstay Capital Management uses Charles Schwab ($2.82B, 99%) and Pershing ($14.2M, 1%) as custodians for its separately managed accounts. Mainstay Capital Management has custody of $1.24B in client assets for 1,440 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $2.82B99%
- PershingPershing Advisor Solutions LLC · Omaha, NE · $14.2M1%
At year end, Mainstay Capital Management’s separately managed accounts were mostly in funds (82%).
What the accounts hold
- Stocks2%
- Funds82%
- Bonds8%
- U.S. government and agency bonds6%
- State and local bonds2%
- Cash8%
How many clients does Mainstay Capital Management have?
Mainstay Capital Management has 3,454 clients and manages $5.31 billion for them, as of July 2026. They include 1,790 individual clients and 1,664 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 15 July 2026
What services does Mainstay Capital Management offer?
Mainstay Capital Management provides financial planning, portfolio management for individuals and small businesses, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Mainstay Capital Management charge?
Mainstay Capital Management charges 0.40%–1.50% a year for its Mainstay Wealth Management. The fee is billed in arrears, is negotiable and has a $1,120 annual minimum.
Which custodians does Mainstay Capital Management use?
Mainstay Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $2.82B and Pershing Advisor Solutions LLC (Omaha, NE), with $14.2M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 15 July 2026
How many financial advisors does Mainstay Capital Management have?
Mainstay Capital Management has 16 investment adviser representatives registered with state securities authorities, out of 33 employees, and 19 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Mainstay Capital Management invest in?
At the end of its last fiscal year, Mainstay Capital Management’s separately managed accounts held 82% registered funds (mutual funds, ETFs, BDCs), 8% cash and equivalents, 6% U.S. government and agency bonds, 2% exchange-traded equities and 2% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Mainstay Capital Management?
Mainstay Capital Management’s direct owner is David Kudla (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 15 July 2026
How does Mainstay Capital Management get paid?
Mainstay Capital Management is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Mainstay Capital Management registered with the SEC?
Yes, Mainstay Capital Management has been registered with the SEC as an investment adviser since 14 November 2000. Its CRD number is 109528 and its SEC file number is 801-58099.
Source: Form ADV Part 1A, Item 1, filed 15 July 2026; IAPD firm record
How do I contact Mainstay Capital Management?
Mainstay Capital Management’s main office is at 10775 South Saginaw, BLDG C, Suite F, Grand Blanc, MI 48439. Its phone number is 866-444-6246. Its website is mainstaycapital.com.