Shellman Investment Management, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$184,817,030
Clients
133
Advisors
3
of 4 employees
About
Shellman Investment Management provides discretionary and non-discretionary portfolio management to individuals, high‑net‑worth clients, trusts, estates, and business entities. The firm implements client strategies through model portfolios using mutual funds, exchange‑traded funds, and international investment company equivalents.
The firm’s investment approach emphasizes long‑term asset allocation as the primary driver of returns and uses JP Morgan’s Long Term Capital Market Expectations to construct 8–10 strategic allocations that are memorialized in a signed Investor Profile. Shellman does not select individual securities; it combines passive ETFs and selected active managers (whose primary analysis is fundamental) and monitors and rebalances accounts on an ongoing basis.
Noteworthy for a firm of its size, Shellman operates alongside an affiliated foreign investment adviser that primarily serves non‑U.S. clients and refers some clients to the U.S. adviser under a disclosed promotor/revenue‑sharing arrangement. The firm also maintains multiple institutional custodial relationships, accepts accounts introduced through an introducing broker‑dealer, and has operational practices (for example, treating cash as an asset class and consolidating fee deductions across custodians when necessary) to address cross‑custody and international client situations.
Client services
Expertise
Fee options
$0 - $1,000,000: 1.2200% annually $1,000,001 - $2,000,000: 0.98% annually $2,000,001 - $3,000,000: 0.74% annually $3,000,001+: 0.5% annually
Account minimum: $100,000
Main office
2525 Ponce De Leon Blvd, #300
Coral Gables FL 33134
Advisors at this office
3
Most active in
Florida
Also doing business as
Shellman Investment Management, LLC · Shellman Wealth · Shellman Wealth Management LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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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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
Ines T
Series 65
Coral Gables, FL
Shellman Investment Management, LLC
Ines Tarigo Beretervide is a Series 65 licensed financial advisor at Shellman Investment Management, LLC with one year of industry experience. She has worked at Shellman SA since 2021, serving as Commercial Director, and previously spent 18 years at Puente Corredor de Bolsa. Her professional responsibilities are split evenly between Shellman SA in Montevideo, Uruguay, and Shellman Investment Management in Coral Gables, Florida. Shellman Investment Management provides discretionary and non-discretionary portfolio management to individuals, high net worth clients, trusts, estates, and business entities. The firm employs model-based portfolios guided by strategic asset allocations derived from JP Morgan’s Long Term Capital Market Expectations, combining passive ETFs and active fund managers, and serves approximately 110 clients with $157 million in assets under management.
Agustin E
Series 65
Coral Gables, FL
Shellman Investment Management, LLC
Agustin Etcheverry is a financial advisor with Shellman Investment Management, LLC in Coral Gables, FL. He holds the Series 65 designation and has three years of industry experience. Prior to his current role, he worked at Shellman S.A. and held positions at Universidad de Montevideo and The British Schools. Shellman Investment Management provides discretionary and non-discretionary portfolio management to individuals, high-net-worth clients, trusts, estates, and business entities. The firm utilizes model portfolios comprised of mutual funds, ETFs, and international investment companies, emphasizing long-term asset allocation guided by JP Morgan’s Long Term Capital Market Expectations.
Rajiv S
Series 63, Series 65
Coral Gables, FL
Shellman Investment Management, LLC
Rajiv Shah is a financial advisor with Shellman Investment Management, LLC, holding Series 63 and Series 65 credentials and bringing 23 years of industry experience. His prior work includes roles at EF Hutton LLC, Investment Placement Group, Kingswood Capital Partners, and Lazari Capital Management, among others. Shah serves as Chief Compliance Officer for multiple investment firms in addition to his work at Shellman. Shellman Investment Management provides discretionary and non-discretionary portfolio management to individuals, high-net-worth clients, trusts, estates, and business entities. The firm emphasizes long-term asset allocation using strategic model portfolios that combine passive ETFs and selected active managers, with ongoing monitoring and rebalancing.
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