Thomas J. Herzfeld Advisors, Inc.

RIASEC RegisteredEst. 1984

Total AUM

$890M

Discretionary

$870M

98% of AUM

Avg account

$2.6M

Accounts

349

Employees

Advisory reps

Firm details

Headquarters: Miami Beach, Florida
CRD number: 108369
Registered since: April 9, 1984
Website: www.herzfeld.com
Custodians: CHARLES SCHWAB & CO., INC., RBC CAPITAL MARKETS, LLC, MORGAN STANLEY & CO. LLC
Fee structure: Percentage of AUM, Performance Based Fees, Other
Client types: Pooled Investment Vehicles54.45%
HNWI15.8%
Other14.06%
Charitable Organizations5.28%
Corporations / Businesses5.02%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Thomas J. Herzfeld Advisors, Inc. is a privately owned corporate adviser established in 1984 that combines hedge fund and securitized-asset strategies with broader multifaceted fund management. The firm serves both individual and family clients as well as institutional investors, providing portfolio management across individuals/small businesses, investment companies, pooled investment vehicles, and business or institutional accounts. Its fee model includes asset-based fees and performance-based components. The firm has been cited on an industry list (investor.com’s Top RIA Firms to Watch, 2020) and acts in sponsor/GP/managing-member roles for pooled investment vehicles.