Shulman Demeo Asset Management, LLC

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Client assets under management

$815,352,776

Clients

356

49% high-net worth

Advisors

of 6 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

119

Very High

Average account size

$2,290,317

About

Shulman DeMeo Asset Management provides investment advisory, portfolio monitoring, and standalone financial planning to individuals, business entities, trusts, estates and charitable organizations, typically working with households or entities that meet its stated account minimums (which it may reduce in certain circumstances). The firm offers both discretionary and non‑discretionary management and operates its own wrap fee program that bundles execution, custody, reporting and advisory services.

The firm builds individualized asset allocation guidelines through client interviews and ongoing review, using a mix of index funds, ETFs, individual securities and, where appropriate, external managers and specialized vehicles such as REITs and MLPs. It monitors accounts regularly and, at a client’s request and within agreed risk parameters, can implement limited borrowing/margin and short‑sale strategies, while documenting the additional risks those techniques entail.

Shulman DeMeo manages approximately $815 million of regulatory assets across three advisors, a level of assets per advisor that is materially higher than most team‑category peers, and it manages client accounts exclusively through its wrap program. The firm also includes professionals who are separately licensed insurance agents and may receive commissions for insurance sales, a relationship disclosed as a potential conflict of interest alongside its custodial arrangement with Schwab.

Client services

Financial planning Portfolio management

Ongoing portfolio planning and consulting

Expertise

Wealth management Real estate investing Retirement income strategy

Occupation focus

Founder/Business Owner

Fee options

Fixed

Fixed fees generally ranging from $5,000 to $50,000 for stand-alone financial planning and consulting services

Percentage

$0+: 0.00% to 2.00% (wrap fee program annual fee inclusive of investment advisory, brokerage, custody, and reporting fees) $0+: Up to 2.00% annually for portfolio monitoring service (monitoring assets held with other RIAs)

Commissions

Commissions received by certain professionals for insurance product transactions; commissions are separate from advisory fees and not offset against them.

Project-based

$300 to $700 per hour for stand-alone financial planning and consulting services

Other

Account minimum: $2,000,000

Main office location

Shulman Demeo Asset Management, LLC

3000 Marcus Avenue, Suite 3 W1

Lake Success NY 11042, United States

Number of offices

Most active in

Connecticut · Florida · Louisiana · New Jersey · New York · North Carolina · Pennsylvania · Texas

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 Form ADV Part 3: Client Relationship

Quick links

Website 516.708.9955

Advisors at this firm

Dawn B

Series 65

Lake Success, NY

Shulman Demeo Asset Management, LLC

Dawn Bodami is a financial advisor at Shulman DeMeo Asset Management, LLC, holding a Series 65 designation with 19 years of experience at the firm. She has been with Shulman DeMeo since 2007. Shulman DeMeo Asset Management serves individuals, business entities, trusts, estates, charitable organizations, and retirement plans by providing discretionary and non-discretionary investment advisory services, financial planning, consulting, and portfolio monitoring. The firm uses a wrap fee program combining advisory, trade execution, custody, and reporting, and implements portfolios with a mix of index funds, ETFs, individual stocks, and bonds, generally recommending Charles Schwab as custodian.

Wealth management Real estate investing Retirement income strategy Founder/Business Owner

James D

ChFC®, Series 63, Series 65

Lake Success, NY

Shulman Demeo Asset Management, LLC

James Demeo is a financial advisor at Shulman Demeo Asset Management, LLC, holding the ChFC® designation with 17 years of industry experience. He has been with Shulman DeMeo Asset Management since 2007. Shulman DeMeo Asset Management serves individuals, business entities, trusts, estates, charitable organizations, and retirement plans, offering discretionary and non-discretionary investment advisory services, financial planning, consulting, and portfolio monitoring. The firm manages client portfolios using a mix of index funds, ETFs, individual stocks, and bonds, typically through a wrap fee program that consolidates advisory, trade execution, custody, and reporting services.

Wealth management Real estate investing Retirement income strategy Founder/Business Owner

Jason S

Series 63, Series 65

Lake Success, NY

Shulman Demeo Asset Management, LLC

Jason Shulman is a financial advisor at Shulman DeMeo Asset Management, LLC with 19 years at the firm and a total of 9 years of industry experience. He holds Series 63 and Series 65 licenses. Shulman DeMeo Asset Management serves individuals, business entities, trusts, estates, charitable organizations, and retirement plans, providing discretionary and non-discretionary investment advisory services along with financial planning, consulting, and portfolio monitoring. The firm manages approximately $757 million in assets with a small advisory team and operates its own wrap fee program, implementing portfolios using a mix of index funds, ETFs, individual stocks, and bonds.

Wealth management Real estate investing Retirement income strategy Founder/Business Owner

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