Thomas Musmanno is a registered investment advisor at Mackay Shields LLC, based in New York, NY, with 19 years of industry experience. Thomas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 361 clients with $150B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
MacKay Shields' fees are based on a percentage of the value of the assets in the client’s account. The fees generally range from 0.030% to 1.500% annually of assets under management, depending on the strategy and the type of account. Fees are negotiable and may be waived, rebated, or reduced.
Location
299 Park Avenue, 32nd Floor, New York, NY, 10171
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Thomas is a co-owner of The Mouse Creek Quilting Company LLC, which sells fabric for quilting and crafting. He spends a few hours per week on this activity, outside of normal business hours.
Employment History
Current Registrations
Mackay Shields LLC
Nylife Distributors LLC
Nylife Distributors LLCBroker
Previous Registrations
Blackrock Investments, LLCBroker
Fam Distributors, INC.Broker
State Registrations2 states
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