SHIKIAR ASSET MANAGEMENT INC
Firm details
- Headquarters
- New York, New York
- CRD number
- 107533
- Registered since
- June 3, 1993
- Website
- www.shikiar.com
- Custodians
- PERSHING LLC
- Fee structure
- Percentage of AUM
- Client types
- HNWI91.49%
- Corporations / Businesses8.51%
- Services
- Financial PlanningPortfolio Management for Individuals
Firm profile
FINTRXOverview
Shikiar Asset Management Inc is an independent, fee-based registered investment adviser that focuses on portfolio management and financial planning for individuals, families and small businesses, with some institutional relationships. The firm has operated as an SEC-registered adviser since 1993 and is owner-operated. Its stated advisory activities center on discretionary portfolio management and comprehensive financial planning delivered under a percentage-of-assets fee model. Investment activity is concentrated in publicly traded equities. Filings show a clear preference for exchange-traded holdings and separately managed account structures, driving a bottoms-up, stock-selection approach rather than a passive-only allocation. The firm is not flagged as an active ESG investor and is not registered as a multi-state adviser.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities66%
- Cash & Cash Equivalents14%
- Public Funds/Mutual Funds10%
- US Government Bonds5%
- State & Local Bonds4%
Owners & executives
3 of 4DIANE MCDERMOTT
Partner & Chief Compliance OfficerCRD 1413015
SAMUEL SHIKIAR
Co-CEOCRD 4975634
STUART SHIKIAR
Co-Chief Executive Officer, Chief Investment OfficerCRD 422111
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 6Active vs passive
$23.9M in ETFs
100%
$23.9M
0%
$0
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| ALERIAN MLP ETF (AMLP) | Passive | Energy Limited Partnership | $9.4M | 178,545 | 39.40% |
Location
New York, NY
NEW YORK
Location
New York, NY
Headquartered in New York, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.
- Metro area
- New York-Newark, NY-NJ-CT-PA
- Region
- Northeast
- County
- NEW YORK
- Address
- 1350 Avenue of the Americas
- Time zone
- ET (UTC-5)
- Office locations
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