Shaker Investments, L.L.C. (Beachwood)


Shaker Investments, L.L.C. is a large advisory firm based in Beachwood. It manages $158.13 million of regulatory assets for 120 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Ohio and Virginia.

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Shaker Investments, L.L.C provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Shaker Investments, L.L.C: assets under management

The assets under management (AUM) of Shaker Investments, L.L.C. is $158.13 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -80% since the beginning of its operation, and $1.21 million of the total AUM is attributable to clients outside of the United States.


The firm manages $158.13 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.32 million each.

Investments

The firm invests in exchange traded securities the most. They account for 96% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio. Investments in other assets form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Shaker Investments, L.L.C. for their services and products based on a percentage of assets under management and performance-based 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.

What kind of clients Shaker Investments, L.L.C serves?

The firm provides services to individuals, high net worth individuals, pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Shaker Investments, L.L.C is pooled investment vehicles with 1 clients and $61.6 million of assets under management. Among the 7 most similar advisory firms, Shaker Investments, L.L.C has the highest percentage of pooled investment vehicles out of all clients.


The amount of regulatory assets under management is $158.13 million for 82 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Shaker Investments, L.L.C also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Shaker Investments, L.L.C.

The company employs 9 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Edward Paul Hemmelgarn President, director & member 1 Jan 2002 75% - 100% 2736581
Shaker Investments Inc Member 1 Jan 2002 Other 110098
Raymond Joseph Rund Managing director & member 1 Jan 2002 Other 4360859
James Ralph Janetz Chief operating officer & member 1 Jan 2002 Other 1478343
Shaker Management Inc Member 1 Jan 2002 75% - 100% 107814
Michael William Donahoe Chief financial officer 1 Jan 2003 Other 2577709
Richard Samual Campagna Managing director 1 Jan 2003 Other 1995962
Maria Carma Hinton Manager of account administration & member 1 Mar 2005 Other 2714660
Raymond Joseph Rund Chief compliance officer 1 Sep 2006 Other 4360859
Janice Lynne Hammond Secretary of shaker investments llc 1 Jan 2013 Other 6762450

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Edward Paul Hemmelgarn Shareholder 1 Oct 1991 75% - 100% 2736581
Edward Paul Hemmelgarn Shareholder 1 Jan 2000 75% - 100% 2736581

Based in Beachwood

The principal office where Shaker Investments, L.L.C. performs its advisory services is located at 3201 Enterprise Parkway, Beachwood, OH 44122 7337, which is also the mailing address of the firm. An additional office of the firm is in Arlington, VA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 216-292-2950 or by fax 216-292-2951. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at shakerinvest.com.