Hedge Fund Database

SHAKER FINANCIAL SERVICES

SHAKER FINANCIAL SERVICES, LLC Legal Name

Adviser information for SHAKER FINANCIAL SERVICES last updated from Form ADV on March 27th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Limited Liability Company
Fiscal Year End DECEMBER
Legal Location Maryland, United States

Employees

Total Number of Employees 8
Investment Advisory/Research 2
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 2
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 633 $228.4M
Non-Discretionary 0 $0
Total 633 $228.4M

Clients

Type Number RAUM
Individuals 280 $90.8M
HNW Individuals 80 $136.2M
Banking or thrift institutions <5 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 0 $0
Pension and profit sharing plans <5 $0
Charitable organizations <5 $308,324
State or municipal gov entities <5 $0
Other investment advisers <5 $1.1M
Insurance companies <5 $0
Sovereign wealth funds and foreign official institutions <5 $0
Corporations or other businesses <5 $0
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 1
No. of Financial Planning Clients 0

Services

Advisory Services Portfolio management for individuals and/or small businesses
Compensation % of AUM

Identifiers

SEC RIA File Number 801-62679
SEC ERA File Number 801-62679
SEC CIK Numbers 1511794
SEC CRD Numbers 121534
Legal Entity Identifier None

Principal Office

1906 TOWNE CENTRE BLVD.
SUITE 265
ANNAPOLIS
MD
United States
Monday - Friday, 0900-1700
Tel: 410-224-0572, Fax: 443-458-0892

Websites

www.shakerfinancial.com

Chief Compliance Officer

ROBERT SHAKER
CHIEF COMPLIANCE OFFICER
1100 N GLEBE ROAD
SUITE 1010
ARLINGTON
VA
United States
Tel: 703-258-0090
Fax: 443-458-0892
(Full email address available in API data)

Industry Affiliates

None

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
None

Control Persons

Name Type Entity Title Since Ownership
SHAKER, ROBERT, M. Individual – CHIEF COMPLIANCE OFFICER 09/2004 50-75%
BAUMMER, KATHRYN, SHAKER Individual – PARTNER 09/2007 50-75%

No. Employees, Historic

10502020202120222023202420257 on 4/30/20207 on 6/29/20207 on 6/29/20207 on 3/29/20218 on 3/30/20228 on 3/29/20238 on 3/27/2024

RAUM, Historic

300M150M0202020212022202320242025207584614 on 4/30/2020207584614 on 6/29/2020207584614 on 6/29/2020217002537 on 3/29/2021265941983 on 3/30/2022207583087 on 3/29/2023228387456 on 3/27/2024

No. Clients, Historic

4002000202020212022202320242025316 on 4/30/2020316 on 6/29/2020316 on 6/29/2020352 on 3/29/2021359 on 3/30/2022368 on 3/29/2023360 on 3/27/2024

Holdings

From latest 13F, filed August 2nd, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
ABRDN AUSTRALIA EQUITY FD IN COM 277K 64K –
ABRDN EMRG MKTS EQTY INCM FD COM 369K 70K –
ABRDN GLOBAL DYNAMIC DIVIDEN COM 2M 189K –
ABRDN JAPAN EQUITY FUND INC COM 402K 68K –
ABRDN TOTAL DYNAMIC DIVIDEND COM SH BEN INT 579K 69K –
ADOBE INC COM 222K 400 –
ALLIANCEBERNSTEIN GLOBAL HIG COM 654K 62K –
ALLSPRING GLOBAL DIVIDEND OP COM 2M 482K –
ALLSPRING INCOME OPPORTUNIT INC OPPTY FD 4M 619K –
ALLSPRING MULTI SECTOR INCOM COM 4M 493K –
ANGEL OAK FINL STRATEGIES IN COM BEN INT 1M 84K –
BANCROFT FD LTD COM 1M 68K –
BARINGS GLOBAL SHORT DURATIO COM 1M 78K –
BLACKROCK DEBT STRATEGIES FD COM NEW 300K 28K –
BLACKROCK ENHANCD CAP & INM COM 5M 228K –
BLACKROCK ENHANCED EQUITY DI COM 4M 447K –
BLACKROCK ENHANCED GLOBAL DI COM 209K 20K –
BLACKROCK ENHANCED INTL DIV COM BENE INTER 914K 164K –
BLACKROCK HEALTH SCIENCES TE COM SHS 184K 12K –
BLACKROCK INNOVATION AND GRW SHS BEN INT 666K 92K –
BLACKROCK LTD DURATION INCOM COM SHS 734K 53K –
BLACKROCK MUN TARGET TERM TR COM SHS BEN IN 375K 18K –
BLACKROCK SCIENCE & TECHNOLO SHS 992K 26K –
BLACKSTONE SENI FLTN RAT 202 COM 835K 60K –
BNY MELLON ALCENTRA GLOBAL C COM 570K 64K –
BNY MELLON HIGH YIELD STRATE SH BEN INT 609K 253K –
BRANDYWINEGBL GBL INCM OPP F COM 2M 244K –
BROOKFIELD REAL ASSETS INCOM SHS BEN INT 838K 66K –
CALAMOS GBL DYN INCOME FUND COM 447K 65K –
CALAMOS LNG SHR EQT DYNAMIC COM 233K 15K –
CALAMOS STRATEGIC TOTAL RETU COM SH BEN INT 2M 143K –
CBRE GBL REAL ESTATE INC FD COM 76K 15K –
CENTRAL SECS CORP COM 3M 64K –
CHINA FD INC COM 766K 76K –
CHIPOTLE MEXICAN GRILL INC COM 273K 4K –
CLOUGH GLOBAL DIVID & INCOME COM 368K 65K –
CLOUGH GLOBAL EQUITY FD COM 305K 44K –
CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 1M 265K –
COHEN & STEERS LTD DURATION COM 2M 85K –
COHEN & STEERS SELECT PFD & COM 740K 37K –
COHEN & STEERS TAX ADVAN PFD COM 439K 22K –
COLUMBIA SELIGM PREM TECH GR COM 1M 30K –
DOUBLELINE INCOME SOLUTIONS COM 427K 34K –
DOUBLELINE OPPORTUNISTIC CR COM 2M 144K –
DOUBLELINE YIELD OPPORTUNITI COM 212K 13K –
EATON VANCE ENHANCED EQUITY COM 1M 48K –
EATON VANCE ENHANCED EQUITY COM 1M 73K –
EATON VANCE LTD DURATION INC COM 3M 280K –
EATON VANCE RISK-MANAGED DIV COM 2M 210K –
EATON VANCE SHORT DURATION D COM 373K 35K –
EATON VANCE TAX ADVT DIV INC COM 4M 178K –
EATON VANCE TAX MNGED BUY WR COM 4M 262K –
EATON VANCE TAX-ADVANTAGED G COM 574K 23K –
EATON VANCE TAX-MANAGED BUY- COM 5M 370K –
EATON VANCE TAX-MANAGED DIVE COM 3M 190K –
EATON VANCE TAX-MANAGED GLOB COM 3M 365K –
EATON VANCE TAX-MANAGED GLOB COM 3M 399K –
EATON VANCE TX ADV GLBL DIV COM 5M 258K –
ECOFIN SUSTAINABLE AND SOCIA COM SH BEN INT 1M 119K –
ELLSWORTH GROWTH & INCOME FD COM 915K 111K –
EUROPEAN EQUITY FD INC COM 3M 376K –
FIRST TR ABRDN GBL OPP INCM COM SHS 191K 30K –
FIRST TR ENHANCED EQUITY INC COM 3M 160K –
FIRST TR HIGH INCOME LONG / COM 302K 24K –
FIRST TR HIGH YIELD OPPRT 20 COM 761K 53K –
FIRST TR INTER DURATN PFD & COM 2M 95K –
FIRST TR SPECIALTY FIN & FIN COM BEN INTR 52K 13K –
FIRST TR SR FLTG RATE INCOME COM 657K 65K –
FLAHERTY & CRUMRINE DYNAMIC SHS 2M 79K –
FRANKLIN LTD DURATION INCOME COM 3M 510K –
FRANKLIN UNVL TR SH BEN INT 264K 39K –
GABELLI DIVID & INCOME TR COM 391K 17K –
GABELLI EQUITY TR INC COM 661K 127K –
GABELLI GLOBAL SMALL & MID C COM 926K 82K –
GABELLI GLOBL UTIL & INCOME COM SH BEN INT 326K 24K –
GABELLI HLTHCARE & WELLNESS SHS 159K 17K –
GENERAL AMERN INVS CO INC COM 5M 109K –
HANCOCK JOHN FINL OPPTYS FD SH BEN INT NEW 1M 41K –
HANCOCK JOHN INCOME SECS TR COM 470K 43K –
HANCOCK JOHN INVT TR II COM 3M 203K –
HANCOCK JOHN PFD INCOME FD SH BEN INT 519K 31K –
HANCOCK JOHN PREM DIVID FD COM SH BEN INT 3M 213K –
HIGHLAND GLOBAL ALLOCATION F COM 5M 614K –
INDIA FD INC COM 295K 17K –
INSIGHT SELECT INCOME FD COM 935K 57K –
INVESCO HIGH INCOME TR II COM 1M 130K –
INVESCO QQQ TR UNIT SER 1 289K 603 –
JAPAN SMALLER CAPITALIZATION COM 573K 76K –
JOHN HANCOCK HEDGED EQUITY & COM 2M 191K –
KOREA FD INC COM NEW 318K 13K –
LIBERTY ALL STAR EQUITY FD SH BEN INT 5M 751K –
LIBERTY ALL-STAR GROWTH FD I COM 7M 1M –
LMP CAP & INCOME FD INC COM 1M 93K –
MEXICO EQUITY & INCOME FD COM 808K 84K –
MEXICO FD INC COM 419K 26K –
MFS CHARTER INCOME TR SH BEN INT 3M 414K –
MFS GOVT MKTS INCOME TR SH BEN INT 688K 224K –
MFS INTER INCOME TR SH BEN INT 406K 152K –
MFS MULTIMARKET INCOME TR SH BEN INT 1M 253K –
MORGAN STANLEY CHINA A SH FD COM 342K 29K –
MORGAN STANLEY EMERGING MKTS COM 684K 146K –
NEUBERGER BERMAN REAL ESTATE COM 53K 16K –
NEW GERMANY FD INC COM 2M 281K –
NUVEEN CORE EQUITY ALPHA FD COM 3M 203K –
NUVEEN CR STRATEGIES INCOME COM SHS 721K 129K –
NUVEEN DOW 30 DYNMC OVERWRT SHS 3M 218K –
NUVEEN GLOBAL HIGH INCOME FD SHS 844K 65K –
NUVEEN MULTI ASSET INCOME FU COM 412K 33K –
NUVEEN MULTI-MKT INCOME FD COM 65K 11K –
NUVEEN NASDAQ 100 DYNAMIC OV COM SHS 6M 234K –
NUVEEN S&P 500 BUY-WRITE INC COM 6M 426K –
NUVEEN S&P 500 DYNAMIC OVERW COM 4M 223K –
PGIM GLOBAL HIGH YIELD FD FO COM 2M 193K –
PGIM HIGH YIELD BOND FUND IN COM 3M 209K –
PGIM SHORT DUR HIG YLD OPP F COM 4M 256K –
PIMCO GLOBAL STOCKSPLS INCM COM 2M 231K –
PIMCO INCOME STRATEGY FD COM 467K 57K –
PIMCO INCOME STRATEGY FD II COM 108K 15K –
PIONEER DIVERSIFIED HIGH INC COM 805K 69K –
PIONEER FLOATING RATE FUND I COM 935K 97K –
PIONEER HIGH INCOME FUND INC COM 1M 155K –
PRINCIPAL REAL ESTATE INCOME SHS BEN INT 132K 13K –
PUTNAM MASTER INTER INCOME T SH BEN INT 772K 238K –
PUTNAM PREMIER INCOME TR SH BEN INT 1M 317K –
RIVERNORTH CAP AND INCM FD I COM 1M 87K –
RIVERNORTH DOUBLELINE STRATE COM 676K 78K –
ROYCE GLOBAL TRUST INC COM 232K 21K –
ROYCE MICRO-CAP TR INC COM 5M 574K –
ROYCE SMALL CAP TRUST INC COM 3M 188K –
SABA CAPITAL INCOME & OPRNT SHS NEW 947K 135K –
SOURCE CAP INC COM 200K 5K –
SPDR S&P 500 ETF TR TR UNIT 2M 4K –
SPECIAL OPPORTUNITIES FD INC COM 771K 59K –
SPROTT FOCUS TR INC COM 7M 995K –
SRH TOTAL RETURN FUND INC COM 9M 636K –
SWISS HELVETIA FD INC COM 3M 324K –
TAIWAN FD INC COM 1M 31K –
TEMPLETON DRAGON FD INC COM 802K 100K –
TEMPLETON EMERGING MKTS FD COM 586K 47K –
TEMPLETON EMERGING MKTS INCO COM 2M 316K –
THORNBURG INCM BUILDER OPP T COM 252K 16K –
TRI CONTL CORP COM 3M 95K –
VIRTUS CONVERTIBLE & INC FD COM 371K 127K –
VIRTUS CONVERTIBLE & INCOME COM 615K 188K –
VIRTUS DIVERSIFIED INCM & CO COM 454K 21K –
VIRTUS GLOBAL MULTI-SECTOR I COM 3M 414K –
VIRTUS TOTAL RETURN FD INC COM 638K 117K –
VOYA ASIA PAC HIGH DIV EQT I COM 1M 172K –
VOYA EMERGING MKTS HIGH DIVI COM 347K 64K –
VOYA GLBL ADV & PREM OPP FD COM 899K 102K –
VOYA GLBL EQTY DIV & PREM OP COM 1M 219K –
WESTERN ASSET DIVERSIFIED IN COM SHS BEN INT 573K 39K –
WESTERN ASSET EMERGING MKTS COM 1M 147K –
WESTERN ASSET GBL HIGH INC F COM 322K 45K –
WESTERN ASSET HIGH INCOM FD COM 104K 24K –
WESTERN ASSET HIGH YIELD DEF COM 1M 110K –
WESTERN ASSET INVESTMENT GRA COM 806K 66K –