Michael Mcgee is a registered investment advisor at Hudson Capital Advisory, INC., based in Vero Beach, FL, with 14 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, High Net Worth, Investment Management, Retirement Planning. Their firm serves 165 clients with $130M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Hudson Capital charges different fees for investment management based on whether you are considered a "Qualified Client" (having at least $1.1 million under management or a net worth of $2.2 million).
For Qualified Clients:
- 1% of your portfolio per year, plus 20% of net profits in the account, subject to a high-water mark (meaning you only pay on profits above previous losses).
For Non-Qualified Clients:
- Up to 2% of your portfolio per year.
Fees are billed monthly or quarterly, based on the value of your investments. Hudson Capital also manages three proprietary portfolio strategies with different fees: HCA Earnings Growth Portfolio (1.95%), HCA Healthcare Opportunities Portfolio (1.50%), and HCA Balanced Portfolio (1.00%). There is a minimum account size of $100,000 for portfolio management services.
Location
4445 N A1A, Vero Beach, FL, 32963
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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
Michael is a board member for VNA/Hospice Foundation and VNA Hospice of the Treasure Coast, spending minimal time on these activities. He is also the managing member of Bended Knee Joint Technologies, LLC, a non-operating entity maintained for liability purposes.
Employment History
Current Registrations
Hudson Capital Advisory, INC.
Hudson Advisor Services, INC.
Previous Registrations
Hudson Advisor Services, INC.
Divergent Capital Asset Management LLC
Morgan Stanley
Morgan StanleyBroker
Northern Trust Securities, INC.Broker
Wells Fargo Advisors, LLC
Wells Fargo Advisors, LLCBroker
Wachovia Securities, LLCBroker
Wachovia Securities, LLC
Wilmington Brokerage Services Company
Wilmington Brokerage Services CompanyBroker
State Registrations1 state
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.