Sherman Asset Management, Inc.
- Regulatory AUM
- $141M
- Discretionary
- $141M
- Clients
- 33
- Avg AUM / client
- $4.3M
- Accounts
- 151
- Employees
- 1
AUM over time
Annual snapshots from Form ADV filings · as of Jun 16, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 15 | $5.5M | 3.92% |
| High net worth individuals | 17 | $101M | 72.0% |
| Pooled investment vehicles (non-investment companies) | 1 | $4.9M | 3.48% |
| Corporations and other businesses | Fewer than 5 clients | $29.0M | 20.6% |
People (1)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Roy Douglas Sherman | Ceo And Cco | CFP | Feb 2014 (13y) | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/16/2026 | 1.2 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- Charles Schwab & Co. $81.8M (58% of AUM) Jun 2026
- Bok Financial Securities, Inc. $27.5M (20% of AUM) Jun 2026
- Vanguard Marketing Corporation $12.5M (9% of AUM) Nov 2025
- Umb Financial Services, Inc. $2.5M (2% of AUM) Feb 2025
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 16, 2026.
View current Form ADV (SEC/IAPD) ↗