Michael D. Taxman Investment Management,llc provides portfolio management for individuals and small businesses.
Michael D. Taxman Investment Management,llc reports 27 clients. They include 17 high-net-worth individuals and 10 individual clients. Of its assets, 100.0% ($137M across 76 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 37% | 3% |
| High-net-worth individuals | 63% | 97% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 10 | $3.59M | 2.6% | $359K |
| High-net-worth individuals | 17 | $134M | 97.4% | $7.87M |
| Total | 27 | $137M | 100% | $5.09M |
- Clients
- 10
- Regulatory AUM
- $3.59M
- AUM share
- 2.6%
- Avg. per client
- $359K
- Clients
- 17
- Regulatory AUM
- $134M
- AUM share
- 97.4%
- Avg. per client
- $7.87M
Total
- Clients
- 27
- Regulatory AUM
- $137M
- AUM share
- 100%
- Avg. per client
- $5.09M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Michael D. Taxman Investment Management,llc charges 0.35%–2.00% a year for its Annual Advisory Fee. The fee is billed in arrears, is negotiable, has a $8,000 annual minimum and requires an account of at least $1,000,000.
Fee details and sources
Michael Taxman owns 75% or more of Michael D. Taxman Investment Management,llc. The leadership team of Michael D. Taxman Investment Management,llc includes Chief Compliance Officer Michael Taxman. It has 1 employee.
Leadership
- Michael TaxmanPrincipal/Managing Member/Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 1 employee
- 1 in advisory functions
- 1 state-registered rep
- Owns 75% or more of Michael D. Taxman Investment Management,llc
Michael Taxman
Control person · since March 2003
Michael D. Taxman Investment Management,llc’s regulatory assets grew from $117M (January 2025) to $137M (February 2026); clients were 27 in both filings and employees were 1 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $137M | 27 | 1 | 1 |
| January 2025 | $117M | 27 | 1 | 1 |
Besides its headquarters, Michael D. Taxman Investment Management,llc has 0 offices, with 1 listed address in New Hampshire.
New Hampshire · 1 listed address
- 35 South Main Street, HanoverHQ
Contact and registration details
- Legal name
- Michael D. Taxman Investment Management,llc
- Headquarters
- 35 South Main Street, Hanover, NH 03755
- Website
- mdtinvest.com
- Phone
- 603-643-1415
- SEC file
- 801-130853
- Structure
- New Hampshire LLC
- Fiscal year end
- December
Michael D. Taxman Investment Management,llc uses Charles Schwab ($135M) as custodian for its separately managed accounts. Michael D. Taxman Investment Management,llc has custody of $55.9M in client assets for 12 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $135M100%
At year end, Michael D. Taxman Investment Management,llc’s separately managed accounts were mostly in funds (99%).
What the accounts hold
- Funds99%
- Cash1%
How many clients does Michael D. Taxman Investment Management,llc have?
Michael D. Taxman Investment Management,llc has 27 clients and manages $137 million for them, as of February 2026. They include 17 high-net-worth individuals and 10 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 3 February 2026
What services does Michael D. Taxman Investment Management,llc offer?
Michael D. Taxman Investment Management,llc provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Michael D. Taxman Investment Management,llc charge?
Michael D. Taxman Investment Management,llc charges 0.35%–2.00% a year for its Annual Advisory Fee. The fee is billed in arrears, is negotiable, has a $8,000 annual minimum and requires an account of at least $1,000,000.
Source: ADV PART 2A - DISCLOSURE BROCHURE, filed 3 February 2026
Which custodians does Michael D. Taxman Investment Management,llc use?
Michael D. Taxman Investment Management,llc’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $135M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 February 2026
How many financial advisors does Michael D. Taxman Investment Management,llc have?
Michael D. Taxman Investment Management,llc has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 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 Michael D. Taxman Investment Management,llc invest in?
At the end of its last fiscal year, Michael D. Taxman Investment Management,llc’s separately managed accounts held 99% registered funds (mutual funds, ETFs, BDCs) and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Michael D. Taxman Investment Management,llc have a minimum investment?
Yes, Michael D. Taxman Investment Management,llc’s minimum account size for its Annual Advisory Fee is $1M. It charges a $8K annual minimum fee.
Source: ADV PART 2A - DISCLOSURE BROCHURE, filed 3 February 2026
Who owns Michael D. Taxman Investment Management,llc?
Michael D. Taxman Investment Management,llc’s direct owner is Michael Taxman (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 3 February 2026
How does Michael D. Taxman Investment Management,llc get paid?
Michael D. Taxman Investment Management,llc is paid through a percentage of assets under management. 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 Michael D. Taxman Investment Management,llc registered with the SEC?
Yes, Michael D. Taxman Investment Management,llc has been registered with the SEC as an investment adviser since 6 August 2024. Its CRD number is 126670 and its SEC file number is 801-130853.
Source: Form ADV Part 1A, Item 1, filed 3 February 2026; IAPD firm record
How do I contact Michael D. Taxman Investment Management,llc?
Michael D. Taxman Investment Management,llc’s main office is at 35 South Main Street, Hanover, NH 03755. Its phone number is 603-643-1415. Its website is mdtinvest.com.