AdvisorCensus / Financial advisors / California / Oxnard / Sherman Asset Management, Inc.
Sherman Asset Management, Inc. is an SEC-registered investment advisory firm in Ventura, CA, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 28, 2026.
Quick answers
From the filingHow is Sherman Asset Management, Inc. compensated?
On its Form ADV (Item 5.E, October 2026), Sherman Asset Management, Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.
How much does Sherman Asset Management, Inc. charge?
Its Form ADV Part 2A brochure dated June 16, 2026 states: Asset-based fee: 0.75% of assets a year; Flat fee: $1,000 to $10,000 (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Sherman Asset Management, Inc. located?
Sherman Asset Management, Inc.'s principal office is in Ventura, CA, according to its Form ADV.
Is Sherman Asset Management, Inc. registered with the SEC or a state?
Sherman Asset Management, Inc. is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 170861.
How much does Sherman Asset Management, Inc. manage?
Sherman Asset Management, Inc. reports $140,759,518 in regulatory assets under management in its Form ADV filing dated September 28, 2026 (100% discretionary).
How have Sherman Asset Management, Inc.'s assets and staff changed since 2024?
In the Form ADV data for Sherman Asset Management, Inc.: Regulatory assets under management: $121,813,639 in the October 2024 data and $140,759,518 in the October 2026 data, up 16%. Total employees: 1 in October 2024 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Sherman Asset Management, Inc. serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (17); individuals (other than high net worth individuals) (15); pooled investment vehicles (other than investment companies and business development companies) (1).
Which custodians does Sherman Asset Management, Inc. use?
Sherman Asset Management, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BOK Financial Securities, Inc. and Charles Schwab & Co., Inc. as custodians holding 10% or more of its separately managed account assets.
Does Sherman Asset Management, Inc. report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/170861
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: 0.75% of assets a year
The brochure's wording
The AUM Fee is assessed at a flat rate of seventy-five basis points (0.75%) of the Client’s assets under management (“AUM”) held in the Client’s Account(s), including cash and cash equivalents.
Flat fee: $1,000 to $10,000 (financial planning services)
The brochure's wording
Generally, rates range from $1,000 to $10,000 on a fixed fee basis. Fifty percent (50%) of such fee shall be paid in advance; and the remaining 50% shall be paid at the time of delivery of the plan.
As stated in the firm's Form ADV Part 2A brochure dated June 16, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$140,759,518 as of October 2026, filing dated September 28, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2024 (2 years)
- Employees
- Total: 1. Performing investment advisory functions: 1.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $140,759,518 | 1 | September 28, 2026 |
| October 2025 | $130,997,137 | 1 | February 14, 2025 |
| October 2024 | $121,813,639 | 1 | July 18, 2024 |
Regulatory assets under management: $121,813,639 in the October 2024 data and $140,759,518 in the October 2026 data, up 16%.
Total employees: 1 in October 2024 and 1 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 monthsNo changes to these filed facts in the last 12 months of filing data.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Sherman Asset Management, Inc. (CRD 170861): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/sherman-asset-management-inc-ventura-ca-170861