{
  "crd_number": 107533,
  "slug": "shikiar-asset-management-inc-new-york-ny-107533",
  "primary_business_name": "SHIKIAR ASSET MANAGEMENT INC",
  "legal_name": "SHIKIAR ASSET MANAGEMENT INC",
  "dbas": [],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1993-06-03",
  "years_registered": 33,
  "period": "2026-10-01",
  "filing_date": "2026-03-24",
  "carried_forward": false,
  "raum_total": 564000000.0,
  "raum_discretionary": 557000000.0,
  "raum_non_discretionary": 7000000.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 6,
  "advisory_employees": 4,
  "client_count_bucket": null,
  "clients_by_type": {
    "high_net_worth_individuals": {
      "raum": 516000000.0,
      "count": 135
    },
    "corporations_other_businesses": {
      "raum": 48000000.0,
      "count": 13
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "NY"
  ],
  "websites": [
    "https://shikiar.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/107533",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/shikiar-asset-management-inc-new-york-ny-107533",
  "display_name": "Shikiar Asset Management Inc",
  "summary": "Shikiar Asset Management Inc is an SEC-registered investment advisory firm in New York, NY, registered since 1993, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 24, 2026.",
  "citation": "AdvisorCensus. Shikiar Asset Management Inc (CRD 107533): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Shikiar Asset Management Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Shikiar Asset Management Inc reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Shikiar Asset Management Inc charge?",
      "a": "Its Form ADV Part 2A brochure dated March 24, 2026 states: Up to $5,000,000: 1.25% a year; $5,000,000 to $10,000,000: 1% a year; Above $10,000,000: see the brochure. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Shikiar Asset Management Inc located?",
      "a": "Shikiar Asset Management Inc's principal office is in New York, NY, according to its Form ADV."
    },
    {
      "q": "Is Shikiar Asset Management Inc registered with the SEC or a state?",
      "a": "Shikiar Asset Management Inc is an SEC-registered investment advisory firm, registered since 1993. Status as filed: Approved. CRD 107533."
    },
    {
      "q": "How much does Shikiar Asset Management Inc manage?",
      "a": "Shikiar Asset Management Inc reports $564,000,000 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (99% discretionary)."
    },
    {
      "q": "How have Shikiar Asset Management Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Shikiar Asset Management Inc: Regulatory assets under management: $495,000,000 in the October 2021 data and $564,000,000 in the October 2026 data, up 14%. Total employees: 6 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Shikiar Asset Management Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (135); corporations or other businesses not listed above (13)."
    },
    {
      "q": "Which custodians does Shikiar Asset Management Inc use?",
      "a": "Shikiar Asset Management Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing Advisor Solutions LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Shikiar Asset Management Inc report any disciplinary disclosures?",
      "a": "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/107533"
    },
    {
      "q": "Does Shikiar Asset Management Inc state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 24, 2026 says: \"Our minimum initial account balance requirement is $1 million, unless otherwise negotiated.\""
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 495000000.0,
      "total_employees": 6,
      "filing_date": "2021-03-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 565000000.0,
      "total_employees": 6,
      "filing_date": "2022-03-25"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 389000000.0,
      "total_employees": 6,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 477000000.0,
      "total_employees": 7,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 532000000.0,
      "total_employees": 6,
      "filing_date": "2025-03-25"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 564000000.0,
      "total_employees": 6,
      "filing_date": "2026-03-24"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 24, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $5,000,000",
        "rate": "1.25%"
      },
      {
        "band": "$5,000,000 to $10,000,000",
        "rate": "1%"
      },
      {
        "band": "Above $10,000,000",
        "rate": null,
        "note": "Not stated in this schedule; see the brochure."
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $5,000,000: 1.25% a year",
          "$5,000,000 to $10,000,000: 1% a year",
          "Above $10,000,000: see the brochure"
        ],
        "quotes": [
          "1.25% on the first $5 million in market value\n1.00% on the next $5 million in market value"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Our minimum initial account balance requirement is $1 million, unless otherwise negotiated."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 5000000.0,
          "rate_pct": 1.25
        },
        {
          "min": 5000000.0,
          "max": 10000000.0,
          "rate_pct": 1.0
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 1000000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "1.25% on the first $5 million in market value\n1.00% on the next $5 million in market value",
      "Our minimum initial account balance requirement is $1 million, unless otherwise negotiated."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Pershing Advisor Solutions LLC",
      "name_as_filed": "PERSHING ADVISOR SOLUTIONS LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/shikiar-asset-management-inc-new-york-ny-107533.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 135,
      "fewer_than_5": false,
      "raum": 516000000.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 13,
      "fewer_than_5": false,
      "raum": 48000000.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/107533",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}