AdvisorCensus / Financial advisors / New York / New York / Shulman Demeo Asset Management, LLC
Shulman Demeo Asset Management, LLC is an SEC-registered investment advisory firm in Lake Success, NY, registered since 2007, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 16, 2026.
Quick answers
From the filingHow is Shulman Demeo Asset Management, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Shulman Demeo Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other.
How much does Shulman Demeo Asset Management, LLC charge?
Its Form ADV Part 2A brochure dated March 16, 2026 states: Flat fee: $5,000 to $50,000 (planning and consulting fees). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Shulman Demeo Asset Management, LLC located?
Shulman Demeo Asset Management, LLC's principal office is in Lake Success, NY, according to its Form ADV.
Is Shulman Demeo Asset Management, LLC registered with the SEC or a state?
Shulman Demeo Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 142897.
How much does Shulman Demeo Asset Management, LLC manage?
Shulman Demeo Asset Management, LLC reports $815,352,776 in regulatory assets under management in its Form ADV filing dated March 16, 2026 (90% discretionary).
How have Shulman Demeo Asset Management, LLC's assets and staff changed since 2021?
In the Form ADV data for Shulman Demeo Asset Management, LLC: Regulatory assets under management: $582,070,450 in the October 2021 data and $815,352,776 in the October 2026 data, up 40%. 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.
What types of clients does Shulman Demeo Asset Management, LLC serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (180); high net worth individuals (176).
Which custodians does Shulman Demeo Asset Management, LLC use?
Shulman Demeo Asset Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.
Does Shulman Demeo Asset Management, LLC 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/142897
Does Shulman Demeo Asset Management, LLC state an account minimum?
Its Form ADV Part 2A brochure dated March 16, 2026 says: "Shulman DeMeo generally requires a minimum asset level of $2,000,000 per household or corporate entity for investment advisory services." "Shulman DeMeo, in its sole discretion, is able to reduce its investment management fee and/or reduce or waive its minimum asset requirement based upon certain criteria"
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
- Hourly charges
- Fixed fees (other than subscription fees)
- Other
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 2AAccount minimum: $2,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
Shulman DeMeo generally requires a minimum asset level of $2,000,000 per household or corporate entity for investment advisory services.
Shulman DeMeo, in its sole discretion, is able to reduce its investment management fee and/or reduce or waive its minimum asset requirement based upon certain criteria
Flat fee: $5,000 to $50,000 (planning and consulting fees)
The brochure's wording
Shulman DeMeo’s planning and consulting fees are negotiable, but generally range from $5,000 to $50,000 on a fixed fee basis
As stated in the firm's Form ADV Part 2A brochure dated March 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$815,352,776 as of October 2026, filing dated March 16, 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
- Other
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2007 (19 years)
- Employees
- Total: 6. Performing investment advisory functions: 2.
- Wrap fee program participation
- Yes.
- 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
-
8 states or jurisdictions
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 | $815,352,776 | 6 | March 16, 2026 |
| October 2025 | $757,248,091 | 5 | March 12, 2025 |
| October 2024 | $678,593,489 | 5 | February 28, 2024 |
| October 2023 | $579,755,411 | 5 | March 9, 2023 |
| October 2022 | $667,565,064 | 5 | March 31, 2022 |
| October 2021 | $582,070,450 | 6 | April 5, 2021 |
Regulatory assets under management: $582,070,450 in the October 2021 data and $815,352,776 in the October 2026 data, up 40%.
Total employees: 6 in October 2021 and 6 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. Shulman Demeo Asset Management, LLC (CRD 142897): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/shulman-demeo-asset-management-llc-lake-success-ny-142897