SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Michaud Capital Management LLC
Denver, CO
CRD 159828
Firm filing updated March 30, 2026 ·
- $2.4BAssets
- 6Advisory staff
- 101Accounts
Fees and minimums
All fee types on the form
- Fixed feesYes
- Percentage of assets under managementNo
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- High net worth individuals12
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| High net worth individuals | 12 | $427.2 million |
| Charitable organizations | Fewer than 5 clients | $91.4 million |
| Other: "FAMILY OFFICE" | 18 | $1.9 billion |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisors (including private fund managers)
See all 4 services
- Other: "GENERAL INVESTMENT CONSULTING SERVICES"
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisors (including private fund managers)
- Other: "GENERAL INVESTMENT CONSULTING SERVICES"
Assets and accounts
- Regulatory assets$2.4 billion
- Accounts101
- Discretionary$468.6 million · 38 accounts
- Non-discretionary$2.0 billion · 63 accounts
People
- Employees19
- Advisory staff6
- Broker-dealer reps0
- Licensed insurance agents0
- Planning clients1 to 10
Registration details
- SEC-registered investment advisor. CRD 159828, SEC file 801-72973.
- Registered with the SEC as an investment advisor (status date on record: January 6, 2012).
Is Michaud Capital Management LLC a fiduciary?
Short answer: Michaud Capital Management LLC is registered with the SEC as an investment advisor.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.