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Sherman Financial Inc (Philadelphia)


Sherman Financial Inc is a large advisory firm based in Philadelphia. It manages $143.12 million of regulatory assets for 623 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Hawaii, Massachusetts, and 5 other states.

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Sherman Financial provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sherman Financial: assets under management

The assets under management (AUM) of Sherman Financial Inc is $143.12 million. The firm's AUM has gone down by -3% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $112.7 million in discretionary accounts and $30.42 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $226.31 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $243.36 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sherman Financial Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in Philadelphia

The principal office where Sherman Financial Inc performs its advisory services is located at 1818 Market Street, Suite 2550, Philadelphia, PA 19103, which is also the mailing address of the firm. An additional office of the firm is in Sebastapol, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 215-656-4280 or by fax 215-656-4281. The normal business hours are 8:30 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at www.shermanfinancial.com.


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