St. Nicholas Private Asset Management, Inc.

St. Nicholas Private Asset Management, Inc. is a registered investment adviser founded in 2004 in Jacksonville, Florida. The firm specializes in providing investment management and client service, focusing on a Growth-at-a-Reasonable-Price (GARP) equity approach that includes both growth and value companies across all market cap levels. St. Nicholas charges clients a percentage fee based on assets under management, typically ranging from 0.50% to 1.25% annually. The firm primarily serves individuals, trusts, retirement accounts, and charitable accounts, with total assets under management of $152,000,000 as of December 31, 2014. The sole owner is Tim Cebulko, who has been operating as a Registered Investment Adviser since September 2004. St. Nicholas acts as a fiduciary and does not charge performance-based fees. The firm utilizes a three-step approach for stock selection, emphasizing fundamental characteristics and research. St. Nicholas reviews client portfolios regularly and communicates with clients through formal and informal meetings. The firm exercises discretion in selecting securities based on client objectives and maintains a Proxy Committee to vote on client securities. St. Nicholas does not have any financial commitments impairing its ability to meet client obligations. Clients receive quarterly statements from the custodian holding their assets, and the firm does not engage in principal or agency cross transactions. St. Nicholas has a Code of Ethics ensuring high standards of business conduct and client trust.