SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Shikiar Asset Management Inc
New York, NY
CRD 107533
Firm filing updated March 24, 2026 ·
- $564MAssets
- 148Clients
- 4Advisory staff
- 238Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- High net worth individuals135
- Corporations or other businesses13
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| High net worth individuals | 135 | $516.0 million |
| Corporations or other businesses not listed above | 13 | $48.0 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Financial planning services
- Portfolio management for individuals and/or small businesses
Assets and accounts
- Regulatory assets$564.0 million
- Accounts238
- Discretionary$557.0 million · 226 accounts
- Non-discretionary$7.0 million · 12 accounts
People
- Employees6
- Advisory staff4
- Broker-dealer reps0
- Licensed insurance agents0
- Planning clients1 to 10
Advisors
2 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 107533, SEC file 801-44062.
- Registered with the SEC as an investment advisor (status date on record: June 3, 1993).
Is Shikiar Asset Management Inc a fiduciary?
Short answer: Shikiar Asset Management Inc is registered with the SEC as an investment advisor.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.