Meixin Management LLC (New York)

Name: Meixin Management LLC
Address: 552 Broadway, New York, NY, 10012
Telephone: 917-410-6668

Meixin Management LLC is a mid-sized advisory firm based in New York. It manages $26.68 million of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of New York and Washington.

Meixin Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Meixin Management: assets under management

The assets under management (AUM) of Meixin Management LLC is $26.68 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 867% since the beginning of its operation, and $22.92 million of the total AUM is attributable to clients outside of the United States.

The firm manages $26.68 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.67 million each.

Meixin Management has custody of $38.85 million in cash and securities for 15 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Meixin Management LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Hui Chen serves?

The only and largest group of clients of Hui Chen is pooled investment vehicles with 10 clients and $26.68 million of assets under management. Among the 5 most similar advisory firms, Meixin Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $26.68 million for 10 clients. 70% of the firm’s clients are foreign persons or businesses.

Meixin Management also advises several private funds. Namely, six real estate funds and four other private funds. The minimum investment commitment required of non-related persons ranges from $10,000 to $100,000.

Careers at Meixin Management LLC

The company employs 11 people that are either part- or full-time employees. 73 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Meixin Management LLC is owned by Lingfang Chen Chen. Hui Chen has been acting as President since 1 Feb 2016. Meixin Inc joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Wenhua [No Middle Name] Zhang	Director	1 Dec 2015	Other	2620643
Xiaowen Wu	Director	1 Dec 2015	Other	6841075
Shengxin Diao	Ceo	1 Feb 2016	25% - 50%	5668260
Hui Chen	Director	1 Feb 2016	Other	5985515
Xiaowen Wu	Director	1 May 2016	Other	6841075
Lin Yuan	Chief compliance officer	1 Nov 2016	Other	5483518
Meixin Global	Sole owner	1 Dec 2016	75% - 100%	314081
Meixin Inc	Owner	1 Jan 2017	75% - 100%	38-4046508
Hui Chen	Cco	1 May 2017	Other	5985515
Lingfang Chen Chen	Owner/chief compliance officer	1 Aug 2017	75% - 100%	6850636
Lingfang Chen Chen	Chief compliance officer	1 Sep 2017	Other	6850636

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Meixn Global Inc	Indirect owner	1 Jan 2017	75% - 100%	314081
Meixin Group Holdings Limited	Indirect owner	1 Jan 2017	50% - 75%	1919956
Three Point Holdings Limited	Indirect owner	1 Jan 2017	25% - 50%	1918906

Based in New York

The principal office where Meixin Management LLC performs its advisory services is located at 552 Broadway, New York, NY 10012, which is also the mailing address of the firm. An additional office of the firm is in Bellevue, WA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 917-410-6668. The normal business hours are 10am-6pm on Monday - Friday. You can find more information about the New York firm at us.meixinglobal.com/.