Shellman Investment Management, Llc
- Regulatory AUM
- $210M
- Discretionary
- $210M
- Clients
- 134
- Avg AUM / client
- $1.6M
- Accounts
- 178
- Employees
- 4
AUM over time
Annual snapshots from Form ADV filings · as of Mar 24, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 40 | $36.7M | 17.5% |
| High net worth individuals | 93 | $148M | 70.7% |
| Corporations and other businesses | 1 | $24.8M | 11.8% |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Shellman, Stephanie, Lynn | Owner And Chief Executive Officer | Sep 2008 (18y) | 75% or more | |
| Rajiv Shah | Chief Compliance Officer | Jun 2022 (4y) | Less than 5% | |
| Agustin Etcheverry | Registered representative | Sep 2023 (3y) | ||
| Ines Maria Tarigo Beretervide | Registered representative | Mar 2025 (1y) |
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) | 03/24/2026 | 1.11 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
Services
- • Portfolio management for individuals/small businesses
Custody
Reported custodians
- Morgan Stanley $153M (73% of AUM) Mar 2026
- Charles Schwab & Co. $28.5M (18% of AUM) Mar 2025
- Pershing $27.3M (13% of AUM) Mar 2026
- UBS $10.7M (10% of AUM) Nov 2022
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have 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: Mar 24, 2026.
View current Form ADV (SEC/IAPD) ↗