Shellman Investment Management, LLC

Shellman Investment Management, LLC is a newly established registered investment adviser based in Miami, Florida. The firm offers discretionary and non-discretionary portfolio management services to individuals, high net worth individuals, trusts, estates, corporations, and other business entities. The minimum initial investment to establish an advisory relationship is generally $100,000, but this requirement may be waived at the firm's discretion. For portfolio management services, Shellman Invest charges an annual fee based on a percentage of assets under management, with fees ranging from 1.22% for the first $1 million to 0.5% for amounts over $3 million. The firm uses model portfolios based on strategic asset allocations and long-term capital market expectations provided by JP Morgan. Shellman Invest primarily engages in long-term purchases, but may also conduct short-term purchases on a limited basis. The firm does not accept performance-based fees or engage in side-by-side management. Shellman Invest does not have custody of client funds and does not vote proxies on behalf of clients. Clients receive quarterly account statements directly from their custodians. The firm has a Code of Ethics in place to address investment advisory conduct and maintains confidentiality and security measures to protect clients' nonpublic personal information.