Barak Asset Management LLC

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Client assets under management

$4,500,000

Clients

14% high-net worth

Advisors

of 2 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

Very Low

Average account size

$160,714

About

Barak Asset Management provides investment advisory and portfolio management services to a mix of individuals (including high‑net‑worth clients), pension plans, foundations, government/municipal clients, private funds, and corporations. Offerings include portfolio construction and ongoing management, retirement account management, liability‑driven and tax‑managed strategies, investment due diligence, and periodic performance reporting.

The firm typically begins by developing an Investment Policy Statement and implements discretionary portfolios using a global‑core asset allocation, with ESG screening and a core income emphasis that prioritizes historically consistent dividends. Portfolios are tailored to client objectives and restrictions, monitored at least monthly, and may include public securities, variable annuities, or private‑equity positions with the attendant liquidity and market risks.

Noteworthy for a firm of its size, Barak conducts educational financial workshops for individuals, corporations, and organizations and its principal is also a licensed life and health insurance agent offering Medicare and supplemental products — activities that are relatively uncommon among peers and can involve separate insurance compensation. The firm also provides fixed‑fee consulting, financial negotiation/mediation with government agencies for small businesses, and works with third‑party administrators to establish custodial accounts when clients require them.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers Educational seminars or workshops

Expertise

ESG / Sustainable investing

Fee options

Fixed

Financial plans and some document filing services offered for a $1,000 fee; fixed fees up to 2% based on project size

Percentage

$250,000 - $500,000: 2.5% $500,001 - $2,500,000: 2.25% $2,500,001 - $5,500,000: 2.0% $5,500,001 - $8,500,000: 1.8% $8,500,001+: 1.5%

Project-based

Hourly rates range between $100 and $300 based on the scope of the project

Other

Account minimum: $100,000 Minimum fee: Minimum monthly fee of $75 Fee-only: Hourly rates range from $100 to $300 per hour for advisory services; fixed fees up to 2% based on project size; financial plans offered at $1,000 fee

Most active in

New York

Disclosures

Business activities & affiliations

Is active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Is not active or affiliated with:

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure

Quick links

Website 718-658-2561

Advisors at this firm

Sterling J

Series 66

Bronxville, NY

Barak Asset Management LLC

Sterling Jasper is the sole advisor at Sterling Advisory Services, LLC, an independent firm based in Valrico, FL. He holds a Series 66 designation and has six years of industry experience. In addition to his advisory work, he has been involved with All Occasions Concierge since 2006 and operates Jersey Mike's sub shops. Sterling Advisory Services, LLC provides portfolio management and financial planning to individuals, high-net-worth clients, trusts, estates, and business entities. The firm employs a combination of charting, fundamental, technical, and cyclical analysis and prepares written Investment Policy Statements tailored to each client.

ESG / Sustainable investing

Sharon H

Series 66

Jamaica, NY

Barak Asset Management LLC

Sharon Highland is the owner and CEO of Barak Asset Management LLC, holding a Series 66 designation with three years of industry experience. She has been affiliated with Barak Asset Management since 2007 and with THS Ltd, a FINRA broker-dealer, since 2008. In addition to her advisory role, she is a licensed insurance broker and agent. Barak Asset Management provides discretionary and non-discretionary portfolio management and financial planning for individuals, including high-net-worth clients, as well as institutional and corporate clients. The firm employs a global-core asset allocation approach with ESG integration, emphasizing diversification, risk controls, and income-focused strategies, and also offers educational workshops and specialized business consulting services.

ESG / Sustainable investing

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