# May Capital Management

> May Capital Management is an SEC-registered investment advisory firm, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 10, 2026.

- CRD: 135127
- Filed as: MAY CAPITAL MANAGEMENT
- Legal name: May, William Michael
- Also doing business as: MAY CAPITAL MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: March 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/135127
- AdvisorCensus page: https://advisorcensus.com/firm/may-capital-management-135127

## Quick answers

**How is May Capital Management compensated?**
On its Form ADV (Item 5.E, October 2026), May Capital Management reports these compensation arrangements: a percentage of assets under its management; hourly charges.

**Is May Capital Management registered with the SEC or a state?**
May Capital Management is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 135127.

**How much does May Capital Management manage?**
May Capital Management reports $166,999,000 in regulatory assets under management in its Form ADV filing dated March 10, 2026 (100% discretionary).

**How have May Capital Management's assets and staff changed since 2021?**
In the Form ADV data for May Capital Management: Regulatory assets under management: $150,870,000 in the October 2021 data and $166,999,000 in the October 2026 data, up 11%. Total employees: 1 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does May Capital Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (143); charitable organizations (1).

**Does May Capital Management report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/135127

**Does May Capital Management state an account minimum?**
Its Form ADV Part 2A brochure dated March 10, 2026 says: "There is no minimum account size for portfolio management services."

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Fees and minimums (Form ADV Part 2A brochure dated March 10, 2026)

- Account minimum: None

> There is no minimum account size for portfolio management services.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $166,999,000
- Discretionary: $166,999,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 143 | $166,681,000 |
| Charitable organizations | 1 | $318,000 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2021 (5 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $150,870,000 | 1 | June 7, 2021 |
| October 2022 | $142,237,000 | 1 | July 26, 2022 |
| October 2023 | $127,810,000 | 1 | March 3, 2023 |
| October 2024 | $144,799,000 | 1 | March 4, 2024 |
| October 2025 | $156,555,000 | 1 | March 5, 2025 |
| October 2026 | $166,999,000 | 1 | March 10, 2026 |

Regulatory assets under management: $150,870,000 in the October 2021 data and $166,999,000 in the October 2026 data, up 11%.
Total employees: 1 in October 2021 and 1 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. May Capital Management (CRD 135127): Form ADV filing data as of October 2026.