Shaker Financial Services (SFS) manages investment accounts for individuals, families, trusts, retirement accounts, and small businesses. SFS specializes in trading closed-end funds (CEFs) to create diversified portfolios tailored to each client's risk level and financial situation. SFS aims to generate returns by capitalizing on the fluctuating discounts and premiums of CEFs. SFS maintains a globally diversified portfolio for each client, allocating investments across equity funds, bond funds, and fixed income positions.
Assets Under Management$260M
Clients371
Advisors2
Avg. per Client$700K
Avg. per Advisor$130M
Fee Structure
Minimum Investment:$100K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1.0M - $3.0M | 1.30% |
| $3.0M - $5.0M | 1.10% |
| $5M+ | 1.00% |
Fees are not negotiable except for employees of SFS and their relatives, or relatives, or others bound by affection to existing clients based on the discretion of the advisor.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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