Shellman Investment Management, LLC

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Client assets under management

$184,817,030

Clients

133

70% high-net worth

Advisors

of 4 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

High

Average account size

$1,389,602

About

Shellman Investment Management provides discretionary and non-discretionary portfolio management to individuals, high‑net‑worth clients, trusts, estates, and business entities. The firm implements client strategies through model portfolios using mutual funds, exchange‑traded funds, and international investment company equivalents.

The firm’s investment approach emphasizes long‑term asset allocation as the primary driver of returns and uses JP Morgan’s Long Term Capital Market Expectations to construct 8–10 strategic allocations that are memorialized in a signed Investor Profile. Shellman does not select individual securities; it combines passive ETFs and selected active managers (whose primary analysis is fundamental) and monitors and rebalances accounts on an ongoing basis.

Noteworthy for a firm of its size, Shellman operates alongside an affiliated foreign investment adviser that primarily serves non‑U.S. clients and refers some clients to the U.S. adviser under a disclosed promotor/revenue‑sharing arrangement. The firm also maintains multiple institutional custodial relationships, accepts accounts introduced through an introducing broker‑dealer, and has operational practices (for example, treating cash as an asset class and consolidating fee deductions across custodians when necessary) to address cross‑custody and international client situations.

Client services

Portfolio management

Expertise

Wealth management Passive / index investing Active portfolio management

Fee options

Percentage

$0 - $1,000,000: 1.2200% annually $1,000,001 - $2,000,000: 0.98% annually $2,000,001 - $3,000,000: 0.74% annually $3,000,001+: 0.5% annually

Other

Account minimum: $100,000

Main office location

Shellman Investment Management, LLC

2525 Ponce De Leon Blvd, #300

Coral Gables FL 33134, United States

Number of offices

Most active in

Florida

Disclosures

Business activities & affiliations

Is active or affiliated with:

Broker-dealer / trader

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

Is not active or affiliated with:

Insurance agent

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

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 Form ADV Part 3: Client Relationship

Quick links

Website (786) 655-6180

Advisors at this firm

Ines T

Series 65

Coral Gables, FL

Shellman Investment Management, LLC

Ines Tarigo Beretervide is a Series 65 licensed financial advisor at Shellman Investment Management, LLC with one year of industry experience. She has worked at Shellman SA since 2021, serving as Commercial Director, and previously spent 18 years at Puente Corredor de Bolsa. Her professional responsibilities are split evenly between Shellman SA in Montevideo, Uruguay, and Shellman Investment Management in Coral Gables, Florida. Shellman Investment Management provides discretionary and non-discretionary portfolio management to individuals, high net worth clients, trusts, estates, and business entities. The firm employs model-based portfolios guided by strategic asset allocations derived from JP Morgan’s Long Term Capital Market Expectations, combining passive ETFs and active fund managers, and serves approximately 110 clients with $157 million in assets under management.

Wealth management Passive / index investing Active portfolio management

Agustin E

Series 65

Coral Gables, FL

Shellman Investment Management, LLC

Agustin Etcheverry is a financial advisor at Shellman Investment Management, LLC with two years of industry experience. He holds a Series 65 designation and has prior work experience at Shellman S.A., Universidad de Montevideo, and The British Schools. Shellman Investment Management, LLC provides discretionary and non-discretionary portfolio management to individuals, high net worth clients, trusts, estates, and business entities. The firm manages model-based portfolios using strategic asset allocations derived from JP Morgan’s Long Term Capital Market Expectations, employing a mix of passive ETFs and active fund managers.

Wealth management Passive / index investing Active portfolio management

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