# Michael D. Taxman Investment Management

> 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.

- CRD: 126670
- Filed as: MICHAEL D. TAXMAN INVESTMENT MANAGEMENT
- Legal name: Michael D. Taxman Investment Management,llc
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Hanover, NH
- Filing period: October 2026
- Form ADV filing dated: February 3, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/126670
- AdvisorCensus page: https://advisorcensus.com/firm/michael-d-taxman-investment-management-hanover-nh-126670

## Quick answers

**How 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.

**How much does Michael D. Taxman Investment Management charge?**
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

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

### Fees and minimums (Form ADV Part 2A brochure dated February 3, 2026)

- 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

> 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 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 brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $137,461,560
- Discretionary: $137,461,560
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 10 | $3,588,142 |
| High net worth individuals | 17 | $133,873,418 |

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

### Firm details
- Registered since: 2024 (2 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NH
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [mdtinvest.com](https://mdtinvest.com)
- LinkedIn @MICHAEL-TAXMAN-8233903A

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $104,598,665 | 1 | August 14, 2024 |
| October 2025 | $116,562,289 | 1 | January 23, 2025 |
| October 2026 | $137,461,560 | 1 | February 3, 2026 |

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.

## 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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Michael D. Taxman Investment Management (CRD 126670): Form ADV filing data as of October 2026.