Michael D. Taxman Investment Management

The firm provides ongoing investment supervisory services to individual and trust clients and also advises foundations and other charitable organizations of special interest to its clients. As of December 31, 2025 it reported $137,461,560 in assets under management across 76 accounts and delivers custodial account statements and periodic performance reports through the client’s custodian.

Investment strategies are individualized and generally implemented with broad diversification using low-cost, passively managed mutual funds and ETFs, supplemented occasionally with individual fixed‑income instruments or cash equivalents. Equity allocations emphasize broad U.S., international and emerging market exposure with a small‑company and value tilt, while fixed income allocations favor shorter‑term, higher‑quality bonds (generally targeting an average duration of five years or less); the firm uses historical return/correlation analysis, regression techniques and Monte Carlo simulations as educational and planning tools.

Noteworthy features disclosed in the brochure include a relatively large asset base combined with a limited client roster and small practice structure, and routine use of Dimensional funds alongside participation in Dimensional’s advisor referral program — a relationship the firm identifies as a potential referral‑related conflict of interest. The firm also does not vote client proxies (clients retain that responsibility) and discloses receipt of custodial support services from its primary broker‑custodian, arrangements it notes may present conflicts.