Shikiar Asset Management Inc

RIASEC Registered
Total AUM
$564M
Discretionary
$557M
99% of AUM
Avg account
$2.4M
Accounts
238
Employees
6
Advisory reps
4

Firm details

Headquarters
New York, New York
CRD number
107533
Registered since
June 3, 1993
Custodians
PERSHING LLC
Fee structure
Percentage of AUM
Client types
  • HNWI91.49%
  • Corporations / Businesses8.51%
Services
Financial PlanningPortfolio Management for Individuals

Firm profile

FINTRX

Overview

Shikiar Asset Management Inc is an independent, individually owned registered investment adviser that has been SEC-registered since 1993. The firm provides fee-based wealth management, focusing on portfolio management and financial planning for individual clients, families and small-business owners; institutions are also part of its client mix. Compensation is charged as a percentage of assets under management. Its filing-level disclosures indicate a preference for traditional equity exposure and the firm does not identify itself as an ESG-focused manager.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 66%, Cash & Cash Equivalents 14%, Public Funds/Mutual Funds 10%, US Government Bonds 5%, State & Local Bonds 4%, Investment Grade Corp Bonds 1%66%
  • Exchange Traded Equities66%
  • Cash & Cash Equivalents14%
  • Public Funds/Mutual Funds10%
  • US Government Bonds5%
  • State & Local Bonds4%

Owners & executives

FINTRX

Contacts

FINTRX

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 5

Active vs passive

$20M in ETFs

Passive

100%

$20M

Active

0%

$0

ETFProviderStyleCategoryValueShares% of portfolio
ALERIAN MLP ETF (AMLP)PassiveEnergy Limited Partnership$8.6M165,82543.01%

Location

Primary office

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

Similar firms

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth