AdvisorCensus / Financial advisors / New Hampshire / Michael D. Taxman Investment Management
Michael D. Taxman Investment Management
Filed as MICHAEL D. TAXMAN INVESTMENT MANAGEMENT · Legal name Michael D. Taxman Investment Management,llc
Michael D. Taxman Investment Management is an SEC-registered investment advisory firm in Hanover, NH, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 3, 2026.
Quick answers
From the filingHow is Michael D. Taxman Investment Management compensated?
On its Form ADV (Item 5.E, October 2026), Michael D. Taxman Investment Management reports these compensation arrangements: a percentage of assets under its management.
What does Michael D. Taxman Investment Management's brochure say about its fees?
Its Form ADV Part 2A brochure dated February 3, 2026 states: Up to $1,000,000: 0.8% a year; $1,000,000 to $2,000,000: 0.65% a year; $2,000,000 to $5,000,000: 0.5% a year; Above $5,000,000: 0.35% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Michael D. Taxman Investment Management located?
Michael D. Taxman Investment Management's principal office is in Hanover, NH, according to its Form ADV.
Is Michael D. Taxman Investment Management registered with the SEC or a state?
Michael D. Taxman Investment Management is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 126670.
How much does Michael D. Taxman Investment Management manage?
Michael D. Taxman Investment Management reports $137,461,560 in regulatory assets under management in its Form ADV filing dated February 3, 2026 (100% discretionary).
How have Michael D. Taxman Investment Management's assets and staff changed since 2024?
In the Form ADV data for Michael D. Taxman Investment Management: Regulatory assets under management: $104,598,665 in the October 2024 data and $137,461,560 in the October 2026 data, up 31%. Total employees: 1 in October 2024 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Michael D. Taxman Investment Management serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (17); individuals (other than high net worth individuals) (10).
Which custodians does Michael D. Taxman Investment Management use?
Michael D. Taxman Investment Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.
Does Michael D. Taxman Investment 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/126670
What changed in Michael D. Taxman Investment Management's recent Form ADV filings?
In the March 2026 filing data: Regulatory assets under management went from $116,562,289 to $137,461,560 (+18%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2A| Assets | Annual rate |
|---|---|
| Up to $1,000,000 | 0.8% |
| $1,000,000 to $2,000,000 | 0.65% |
| $2,000,000 to $5,000,000 | 0.5% |
| Above $5,000,000 | 0.35% |
The brochure's wording
The firm’s advisory fee schedule is as follows: Assets Managed Annual Advisory Fee First $1,000,000 0.80% Next $1,000,000 0.65% Next $3,000,000 0.50% Above $5,000,000 0.35%
Minimum annual fee: $8,000
The brochure's wording
The firm has a minimum annual advisory fee of $8,000. Annual advisory fees and minimums are negotiable solely at the firm’s discretion
As stated in the firm's Form ADV Part 2A brochure dated February 3, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$137,461,560 as of October 2026, filing dated February 3, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for individuals and/or small businesses
Registration and firm details
Items 1, 2, 5- Legal name
- Michael D. Taxman Investment Management,llc
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2024 (2 years)
- Employees
- Total: 1. Performing investment advisory functions: 1.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $137,461,560 | 1 | February 3, 2026 |
| October 2025 | $116,562,289 | 1 | January 23, 2025 |
| October 2024 | $104,598,665 | 1 | August 14, 2024 |
Regulatory assets under management: $104,598,665 in the October 2024 data and $137,461,560 in the October 2026 data, up 31%.
Total employees: 1 in October 2024 and 1 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- March 2026
- Regulatory assets under management went from $116,562,289 to $137,461,560 (+18%).
- January 2026
- No longer registered or notice-filed in CA, TX.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Michael D. Taxman Investment Management (CRD 126670): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/michael-d-taxman-investment-management-hanover-nh-126670