St. Nicholas Private Asset Management, Inc. (Jacksonville)

St. Nicholas Private Asset Management, Inc. is an adviser based in Jacksonville. It manages $60.3 million of regulatory assets for 112 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of Florida.

St. Nicholas Private Asset Management provides 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.

St. Nicholas Private Asset Management: assets under management

The assets under management (AUM) of St. Nicholas Private Asset Management, Inc. is $60.3 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1360% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $60.3 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $538.42 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay St. Nicholas Private Asset Management, Inc. for their services and products based on a percentage of assets under management. 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.

Careers at St. Nicholas Private Asset Management, Inc.

St. Nicholas Private Asset Management, Inc. is owned by Carl E. Waldrep. Allen Taylor Witham joined the executive team most recently as the Principal/Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Tim D Cebulko	President, chief compliance officer	1 Jun 2004	25% - 50%	4838293
Carl E. Waldrep	Principal/owner	1 Aug 2004	25% - 50%	4838301
Allen Taylor Witham	Principal/owner	1 Aug 2004	25% - 50%	2271064

Based in Jacksonville

The principal office where St. Nicholas Private Asset Management, Inc. performs its advisory services is located at 6817 Southpoint Parkway, Jacksonville, FL 32216, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.