Jay A. Fishman, Ltd

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Client assets under management

$1,092,253,957

Clients

501

49% high-net-worth

Advisors

of 8 employees

Firm type

Team

5-30 advisors or >$500M in AUM

Clients per advisor

125

Very High

Average account size

$2,180,148

About

Jay A. Fishman, Ltd. provides fee‑based investment counseling and discretionary portfolio management primarily to high‑net‑worth individuals and families, as well as corporations and charitable institutions. Client portfolios are separately managed with individually selected securities rather than packaged model portfolios or wrap programs, and the brochure reports the firm manages about $1.28 billion in discretionary assets across several hundred accounts.

The firm describes a conservative, long‑term investment approach grounded in independent fundamental research and a mid/large‑cap GARP orientation, emphasizing a limited number of holdings (generally 20–25) and attention to tax consequences. Portfolio managers employ a top‑down security selection process, avoid short‑term trading and construct both equity and fixed‑income allocations to meet client objectives.

Compared with many peer teams, the firm combines a long operating history (since 1970) with a relatively large amount of assets per advisor — four portfolio managers oversee the firm’s roughly $1.28 billion in discretionary AUM — while operating as a fee‑only, independent adviser. The brochure also highlights institutional familiarity (the founder’s prior roles in organizing and serving on bank boards) and a stated preference not to provide packaged products or standalone financial planning, underscoring a focus on concentrated, advisor‑managed portfolios.

Client services

Portfolio management

Expertise

Private / alternative investments

Fee options

Percentage

$0 - $1,000,000: 1.00% annually $1,000,000 - $5,000,000: 0.75% annually $5,000,000+: 0.50% annually

Other

Account minimum: $1,000,000 Fee-only: Investment advisory fees only; no commissions or other fees received.

Main office location

Jay A. Fishman, Ltd

901 Wilshire Drive, Suite 555

Troy MI 48084-4108, United States

Number of offices

Most active in

Arizona · California · Florida · Illinois · Louisiana · Michigan · New York · North Carolina · Pennsylvania · South Carolina · Tennessee · Texas · Virginia

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

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 248-740-9400

Advisors at this firm

Viorica F

Series 65

Troy, MI

Jay A. Fishman, Ltd

Viorica Fuchs is a financial advisor at Jay A. Fishman, Ltd with 13 years of industry experience. She holds the Series 65 designation and has been with Jay A. Fishman, Ltd since 2002. Jay A. Fishman, Ltd provides fee-based, discretionary portfolio management and investment counseling for high-net-worth individuals, families, corporations, charitable institutions, and select institutional clients. The firm emphasizes independent fundamental research and a long-term, conservative investment approach, focusing on mid-to-large-cap growth-at-a-reasonable-price equities and quality fixed income, with concentrated portfolios managed for low turnover.

Private / alternative investments

Todd I

CFA®

Troy, MI

Jay A. Fishman, Ltd

Todd Ifkovits is a CFA® charterholder with 14 years of industry experience. He has been with Jay A. Fishman, Ltd. since 1997. Jay A. Fishman, Ltd. provides fee-based, discretionary portfolio management and investment counseling to high-net-worth individuals, families, corporations, charitable institutions, and select institutional clients. The firm emphasizes independent fundamental research and a long-term, conservative investment approach, focusing on mid-to-large-cap growth-at-a-reasonable-price equities and quality fixed income in concentrated, low-turnover portfolios.

Private / alternative investments

Jay F

Series 65

Troy, MI

Jay A. Fishman, Ltd

Jay Fishman is a financial advisor at Jay A. Fishman, Ltd with 14 years of industry experience and holds a Series 65 designation. He has been associated with Jay A. Fishman, Ltd since 1970. Jay A. Fishman, Ltd provides fee-based, discretionary portfolio management and investment counseling to high-net-worth individuals, families, corporations, charitable institutions, and select institutional clients. The firm emphasizes independent fundamental research and a long-term, conservative investment approach focused on mid-to-large-cap growth-at-a-reasonable-price equities and quality fixed income, managing concentrated portfolios with low turnover.

Private / alternative investments

Eric F

Series 65

Troy, MI

Jay A. Fishman, Ltd

Eric Fishman is a financial advisor at Jay A. Fishman, Ltd. with four years of industry experience. He holds a Series 65 designation and has worked at Aspiriant prior to joining his current firm. Jay A. Fishman, Ltd. provides fee-based, discretionary portfolio management and investment counseling for high-net-worth individuals, families, corporations, charitable institutions, and select institutional clients. The firm emphasizes independent fundamental research and a long-term, conservative investment philosophy, managing concentrated portfolios primarily composed of mid-to-large-cap growth-at-a-reasonable-price equities and quality fixed income.

Private / alternative investments

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