MS
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Michael Salvay

27 Years of Experience
Broker

Michael Salvay is a registered investment advisor at Payden & Rygel, based in Los Angeles, CA, with 27 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 476 clients with $150B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
14 advisors
Number of Clients
476 clients
Average Client Portfolio
$317.1M average
Assets Under Management
$150.9B

Fee Structure

Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $100.0M0.15%
$100M+0.13%

This is the fee schedule for Enhanced Cash/Flexible Short Duration accounts. Other account types have different fee schedules. Fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

333 S. Grand Avenue, 32nd Floor, Los Angeles, CA, 90071

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History

Regulatory History
Clean regulatory record

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.

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Employment History
Current Registrations
Payden & Rygel
November 1998 - Present · 27 yrs 5 mos
Payden & Rygel DistributorsBroker
June 1998 - Present · 27 yrs 10 mos
State Registrations1 state
CA
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.