Augustine Asset Management Inc
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$646,089,414
Clients
61
Advisors
4
across 2 offices
About
Augustine Asset Management serves high‑net‑worth individuals and families as well as institutional clients, including corporations, retirement plans, charitable nonprofits, and state and municipal government entities. The firm provides fee‑only investment management and portfolio advisory services on both discretionary and non‑discretionary bases and oversees roughly $783 million in client assets.
The firm employs a research‑oriented investment process that combines top‑down macro views with bottom‑up fundamental analysis to manage active global equity and benchmark‑differentiated fixed‑income strategies, with equity portfolios typically holding 30–50 securities. Augustine also maintains formal performance measurement and reporting practices—providing quarterly portfolio appraisals and market commentaries—and assigns responsibility for compliance with the CFA Institute Global Investment Performance Standards.
Distinctive aspects of Augustine include an explicit public‑sector client focus and related compliance controls (for example, political contribution restrictions intended to avoid conflicts when doing business with government entities). The firm operates with a small, long‑tenured team with multiple charterholders and concentrates on larger private‑client and institutional mandates, effectively excluding retail investors below its private and institutional account thresholds.
Client services
Expertise
Fee options
$0 - $2 million: 1.00% $2 million - $10 million: 0.80% $10 million+: 0.65%
Account minimum: $2,000,000 for private client advisory services; $15,000,000 for institutional services Fee-only: Fee-only investment manager exclusively engaging in investment and portfolio management services.
Main office
See office1551 Atlantic Blvd., Ste 301
Jacksonville FL 32207
Advisors at this office
3
Offices (2)
Most active in
California · Florida · Georgia · Texas
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
Franco C
CFP®, Series 65
San Francisco, CA
Augustine Asset Management Inc
Franco Cirelli is a CFP®-credentialed financial advisor with Augustine Asset Management Inc, based in San Francisco, CA. He has eight years of industry experience and co-founded SeatSub, Inc., an online live event season ticket service. Additionally, he has taught business classes as a lecturer at City College of San Francisco since 2003. Augustine Asset Management serves high-net-worth individuals, families, and institutional clients with fee-only investment management and portfolio advisory services. The firm uses a research-oriented process combining macroeconomic and fundamental analysis to manage active global equity and fixed-income strategies, with a particular emphasis on public-sector clients.
Milena K
CFA®
Jacksonville, FL
Augustine Asset Management Inc
Milena Kolcheva Spasova is a CFA® charterholder with one year of industry experience. She has been with Augustine Asset Management Inc in Jacksonville, FL since 2016. Augustine Asset Management serves high-net-worth individuals, families, and institutional clients including corporations, retirement plans, and government entities. The firm uses a research-oriented investment process combining top-down macro views with bottom-up fundamental analysis to manage active global equity and fixed-income strategies.
Jeffrey B
CFA®, Series 63
Jacksonville, FL
Augustine Asset Management Inc
Jeffrey Bernardo is a CFA® charterholder with 20 years of industry experience. He has been with Augustine Asset Management, Inc. since 2005. Augustine Asset Management serves high-net-worth individuals, families, and institutional clients, including corporations, retirement plans, charitable nonprofits, and government entities. The firm employs a research-oriented investment process combining top-down macro views with bottom-up fundamental analysis to manage active global equity and fixed-income strategies.
Frederick B
Series 63, Series 66
Jacksonville, FL
Augustine Asset Management Inc
Frederick Blum is a financial advisor at Augustine Asset Management Inc with 20 years of industry experience. He has been with Augustine since 2003 and holds Series 63 and Series 66 licenses. Augustine Asset Management serves high-net-worth individuals, families, and institutional clients, including corporations, retirement plans, charitable nonprofits, and government entities. The firm uses a research-oriented investment process combining macro views and fundamental analysis to manage active global equity and fixed-income strategies, with a focus on larger private-client and institutional mandates.
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