SHAKER INVESTMENTS

RIASEC RegisteredEst. 2002
Total AUM
$259M
Discretionary
$259M
100% of AUM
Avg account
$914K
Accounts
283
Employees
9
Advisory reps
8

Firm details

Headquarters
BEACHWOOD, Ohio
CRD number
119135
Registered since
January 1, 2002
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Performance Based Fees
Client types
  • HNWI40.73%
  • Pooled Investment Vehicles39.63%
  • Individuals10.01%
  • Corporations / Businesses8.19%
  • Charitable Organizations0.72%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Shaker Investments is an SEC-registered independent RIA structured as an LLC and in operation since 2002. The firm serves both individual and family clients as well as institutional accounts, offering financial planning and discretionary portfolio management across individuals, small businesses, pooled vehicles, and institutional clients. Its compensation mix includes a percentage-of-AUM fee and the use of performance-based fees for certain mandates. The firm also acts as sponsor/GP and managing member of pooled investment vehicles. Shaker is not positioned as an ESG-focused or multi-state adviser, and it does not identify as a capital allocator. The firm operates with an owner-type classified as an individual and maintains a relatively focused business model combining advisory services with fund-level sponsorship.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 93%, Public Funds/Mutual Funds 4%, Cash & Cash Equivalents 4%93%
  • Exchange Traded Equities93%
  • Public Funds/Mutual Funds4%
  • Cash & Cash Equivalents4%

Owners & executives

3 of 3
  • Kathleen Wick

    Chief Compliance OfficerCRD 7716305

  • BRANDON HEMMELGARN

    Co-Chief Investment OfficerCRD 5678019

  • EDWARD HEMMELGARN

    President and Co-Chief Investment OfficerCRD 2736581

Contacts

3 of 5
  • CHRIS HEMMELGARN

    Portfolio Manager and Research AnalystCRD 5414204

  • JANICE HAMMOND

    SecretaryCRD 6762450

  • SASHA KOSTADINOV

    Portfolio Manager, Research AnalystCRD 2634525

Unlock 2 more contacts

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 28

Active vs passive

$48.3M in ETFs

Passive

93%

$44.7M

Active

0%

$3.6M

ETFProviderStyleCategoryValueShares% of portfolio
STATE STREET(R) SPDR(R) S&P(R) BIOTECH ETF (XBI)State StreetPassiveHealth$4.9M38,46410.16%

Location

Primary office

BEACHWOOD, OH

CUYAHOGA

Location

BEACHWOOD, OH

Headquartered in BEACHWOOD, OH, anchoring the Cleveland-Akron-Canton, OH metro in the Midwest.

Metro area
Cleveland-Akron-Canton, OH
Region
Midwest
County
CUYAHOGA
Address
3201 Enterprise Pkwy
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth