Sherman Asset Management, Inc.

RIASEC Registered

Total AUM

$141M

Discretionary

$141M

100% of AUM

Avg account

$932K

Accounts

151

Employees

Advisory reps

Firm details

Headquarters: Ventura, California
CRD number: 170861
Registered since: March 7, 2024
Website: www.shermanassetmgmt.com
Custodians: CHARLES SCHWAB & CO., INC., BOK FINANCIAL SECURITIES, INC.
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: HNWI72.02%
Corporations / Businesses20.59%
Individuals3.92%
Pooled Investment Vehicles3.48%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment Vehicles

Firm profile

FINTRX

Overview

Sherman Asset Management, Inc. is an independent, SEC-registered investment advisory firm (registered in 2024) that serves both individuals/families and institutional clients. The firm offers financial planning and portfolio management for individuals, small businesses, and pooled investment vehicles. Its stated fee arrangements include percentage-of-AUM billing, fixed fees, and performance-based fees, which suggests flexibility in client engagement structures and the ability to take incentive fees on certain pooled vehicles. Sherman is organized as a corporation and is owned by an individual. The firm also acts in sponsor/GP capacity for pooled vehicles, indicating it not only advises external accounts but takes on operational roles for private vehicles it manages. Sherman is not an ESG-focused manager according to the available data.