SHULMAN DEMEO ASSET MANAGEMENT, LLC
Adviser information for SHULMAN DEMEO ASSET MANAGEMENT, LLC last updated from Form ADV on February 28th, 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 | New York, United States |
Employees
| Total Number of Employees | 5 |
|---|---|
| Investment Advisory/Research | 2 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 2 |
| Licensed Agents of an Insurance Company | 2 |
| No. of Firms/People that Solicit Clients | 1 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 858 | $610.1M |
| Non-Discretionary | 26 | $68.5M |
| Total | 884 | $678.6M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 195 | $77.3M |
| HNW Individuals | 162 | $601.3M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesONGOING PORTFOLIO PLANNING AND CONSULTING |
|---|---|
| Compensation | % of AUMHourly chargesFixed feesWRAP FEE |
| Other Business Activities | Insurance broker or agent |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 0 |
| Both for Same | 678.6M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| SHULMAN DEMEO ASSET MANAGEMENT WRAP FEE PROGRAM | SHULMAN DEMEO ASSET MANAGEMENT, LLC |
Identifiers
| SEC RIA File Number | 801-67835 |
|---|---|
| SEC ERA File Number | 801-67835 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 142897 |
| Legal Entity Identifier | None |
Principal Office
3000 MARCUS AVENUESUITE 3W1
LAKE SUCCESS
NY
United States
Monday - Friday, 8:30AM TO 5:30PM
Tel: 516.708.9955, Fax: 516.708.9951
Websites
Chief Compliance Officer
JAMES DEMEO
CHIEF INVESTMENT OFFICER
3000 MARCUS AVENUE
SUITE 3W1
LAKE SUCCESS
NY
United States
Tel:
516.708.9954
Fax:
516.708.9951
J*****@***************M
(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 |
|---|---|---|---|---|---|
| DEMEO, JAMES, NICHOLAS | Individual | – | CHIEF INVESTMENT OFFICER / CHIEF COMPLIANCE OFFICER | 11/2006 | 50-75% |
| SHULMAN, JASON, HAROLD | Individual | – | MANAGING MEMBER | 11/2006 | 50-75% |