Sherman Steele is a registered investment advisor at Steele Asset Management, based in Fort Lauderdale, FL, with 20 years of industry experience. Sherman operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 65 clients with $45M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $25K | 2.00% |
| $25K - $50K | 1.95% |
| $50K - $75K | 1.85% |
| $75K - $100K | 1.75% |
| $100K - $200K | 1.50% |
| $200K - $300K | 1.25% |
| $300K - $400K | 1.00% |
| $400K+ | 0.75% |
Asset management fees are yearly fees paid quarterly at 1/4 of the percentage calculated for each amount listed on the fee schedule from $0 up to $400,000 +. SAM has discretion to charge its assets under management fee for accounts over $400,000 with a fee of 0.75% or lower with prior discussion and approval from the respective advisory client.
Fee Estimator
Location
Fort Lauderdale, FL
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Learn about disclosures →Employment History
Current Registrations
Steele Asset Management
State Registrations3 states
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