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 investment manager that has been SEC-registered since 1984. The firm operates as a hybrid manager: it runs hedge fund and securitized-asset strategies while also serving as an adviser to pooled vehicles and separate account clients. Its client base spans high‑net‑worth individuals and families as well as institutional investors. Fee arrangements include both asset‑based fees and performance-based components. The firm undertakes portfolio management across individuals/small businesses, investment companies, pooled investment vehicles and institutional accounts, and its governance roles extend to acting as sponsor, general partner and managing member of pooled vehicles. Thomas J. Herzfeld Advisors received recognition from investor.com as one of its Top RIA Firms to Watch in 2020. The firm is not identified as an active ESG investor in its filings.