Shfp, LLC (Bronxville)

Name: Shfp, LLC
Address: 53 Rossmore Avenue, Bronxville, NY, 10708
Telephone: (914) 771-5277

Shfp, LLC is a mid-sized advisory firm based in Bronxville. It manages $49.48 million of regulatory assets for 143 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of New York.

Shfp provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Shfp: assets under management

The assets under management (AUM) of Shfp, LLC is $49.48 million. The company doesn't manage any assets belonging to foreign clients.

Shfp has custody of $1.2 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 73% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 18% of the firm’s portfolio. Investments in exchange traded securities form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Shfp, LLC 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.

What kind of clients Shfp serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Shfp is high net worth individuals with 20 clients and $47.55 million of assets under management. Among the 1 most similar advisory firms, Shfp has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $49.48 million for 24 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Shfp doesn't advise any private funds.

Careers at Shfp, LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate 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
Steven Paul Copeland	Chief compliance officer/managing member	1 May 2014	75% - 100%	4689211

Based in Bronxville

The principal office where Shfp, LLC performs its advisory services is located at 53 Rossmore Avenue, Bronxville, NY 10708, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (914) 771-5277 or by fax 914-470-7093. The normal business hours are 8:30 a.m. to 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at safe-harborplanning.com.