Sheu Wealth Management, LLC (Armonk)


Sheu Wealth Management, LLC is an adviser based in Armonk. It manages $11.49 million of regulatory assets for 44 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of New Jersey and New York.

Sheu Wealth Management provides financial planning services and portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Sheu Wealth Management: assets under management

The assets under management (AUM) of Sheu Wealth Management, LLC is $11.49 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.95 million in discretionary accounts and $6.55 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $197.8 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $344.53 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sheu Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in Armonk

The principal office where Sheu Wealth Management, LLC performs its advisory services is located at 4 Macdonald Ave., Armonk, NY 10504, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 914-358-4057 or by fax N/A. The normal business hours are by appointment only on Monday - Friday.