Fried Asset Management, Inc.

Fried Asset Management, Inc. is a small, registered investment adviser that provides fee‑based portfolio management to a range of clients, including individuals (both non‑high‑net‑worth and high‑net‑worth), trusts, corporate accounts, and pension or profit‑sharing plans. The firm states it does not sell financial products and derives its sole income from managing client portfolios.

The firm manages both discretionary and non‑discretionary accounts and uses a combination of quantitative and qualitative analysis to select securities, while permitting clients to impose limited investment restrictions (for example, excluding tobacco stocks). Clients grant trading authority for discretionary management, and the firm requires that accounts be custodied at Charles Schwab, which executes trades and provides custody and related support services.

Distinctive aspects include its solo‑practitioner structure and long registration history alongside relatively modest assets under management (about $19.6 million discretionary and $8.9 million non‑discretionary as of February 2026), and an atypical client mix for a firm of this size that includes pension/profit‑sharing and other institutional mandates while not acting as a private‑fund adviser. The firm discloses receipt of support services from its custodian, a potential conflict of interest clients should consider when evaluating custody and execution arrangements.