Sharon Highland
Sharon Highland is a registered investment advisor at Barak Asset Management LLC, based in Jamaica, NY, with 3 years of industry experience. Sharon operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning. Their firm serves 34 clients with $7.2M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Barak Asset Management's (BAM) fees cover investment advice, asset, and portfolio management. The fees do not include custodial service and brokerage commissions. Fees are calculated monthly based on the market value of your investments.
For equity or asset allocation strategies, the annual fee is:
- $250,000 to $500,000: 2.5%
- $500,001 to $2,500,000: 2.25%
- $2,500,001 to $5,500,000: 2.0%
- $5,500,001 to $8,500,000: 1.8%
- Over $8,500,001: 1.5%
For fixed income strategies, the annual fee is:
- $500,000 to $2,000,000: 2.2%
- $2,000,001 to $5,000,000: 1.8%
- $5,000,001 to $15,000,000: 1.4%
- Over $15,000,001: 1.0%
The minimum monthly fee is $75. Clients with assets below $100,000 may pay a higher fee.
Location
Jamaica, NY
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Sharon is the 100% owner and CEO of Barak Asset Management, dedicating a significant amount of time to this role. She is also a registered representative of THS LTD and a licensed insurance broker and agent, spending about 10-20% of her time on this.
Employment History
Current Registrations
Barak Asset Management LLC
Previous Registrations
Barak Asset Management LLC
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.