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THOMAS J. HERZFELD ADVISORS, INC.
CRD 108369File 801-20866
APPROVED
Retail clients
Custody
Filing as of Mar 31, 2026
Feed vintage Aug 17, 2026
Regulatory AUM
$890.4M
Above cohort median (national)
Discretionary AUM
$870.4M
Non-discretionary $20.1M
Clients
173
349 accounts
Employees
15
Above cohort median in FL
Identity & registration
ADV Item 1- Organization form
- Corporation
- Firm type
- Registered
- SEC region
- MIRO
- Registration date
- Apr 9, 1984
- Principal office
- 119 WASHINGTON AVENUE, SUITE 504, MIAMI BEACH, FL, 33139
- Phone
- 305-777-1660
- Website
- HTTP://WWW.HERZFELD.COM
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $890.4M
- Discretionary AUM
- $870.4M
- Non-discretionary AUM
- $20.1M
- Discretionary accounts
- 330
- Non-discretionary accounts
- 19
- Total accounts
- 349
- AUM per client
- $5.1M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 10 | $44.7M |
| Investment companies | 1 | $41.7M |
| Charitable organizations | 11 | $47.0M |
| High net worth individuals | 125 | $140.7M |
| Pooled investment vehicles | 8 | $484.8M |
| Pension and profit sharing plans | 3 | $1.1M |
| Individuals (other than high net worth individuals) | 15 | $5.2M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Other
- Other (described) — LICENSING FEES
- Performance-based fees
- A percentage of assets under your management
Advisory activities
- Other advisory activities
- Portfolio management for businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- Yes
- Firm Custody Clients
- Yes
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- Yes
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- Yes
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To |
|---|---|---|---|
| Aug 17, 2026 | Clients | 300 | 173 |
| Aug 12, 2026 | Registration | — | APPROVED |
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.