Sewell, NJ Office

Shaker Financial Services is a discretionary investment adviser that manages roughly $280 million for about 330 clients, primarily providing portfolio management for individuals, families, trusts, IRAs and small-business retirement accounts. Like many peers, it serves individual and high‑net‑worth clients but also accepts a range of other legal entities.

The firm’s investment approach centers on closed‑end funds (CEFs) and a quantitative “discount capture” strategy: it monitors roughly 300 CEFs daily, uses statistical and catalyst‑driven analysis to buy undervalued discounts and arbitrage reorganizations, and constructs globally diversified portfolios split among equity CEFs, bond CEFs and specially selected fixed‑income positions (FIPs). Accounts are managed on a discretionary basis, may employ margin in taxable accounts, and SFS aggregates trades and assigns average prices across client accounts while allowing clients to impose reasonable investment restrictions.

Distinctive features include a broader-than‑typical client mix and more institutional interactions for a firm of this size: the firm’s materials and client base include other investment adviser clients and a small number of institutional entities such as banking, insurance and government‑related accounts, and it discloses performance information and references third‑party ratings in its materials. Operationally, SFS requires custody at a single broker for trade aggregation and compliance, routinely executes opportunistic strategies (tenders, rights, arbitrage, occasional short sales) around CEF events, and emphasizes active trading and margin/FIP uses that differentiate it from many supported advisers.