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SHAKER FINANCIAL SERVICES
Legal name: SHAKER FINANCIAL SERVICES, LLC
CRD 121534File 801-62679
APPROVED
Retail clients
Filing as of Mar 27, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$286.3M
Below cohort median (national)
Discretionary AUM
$286.3M
Clients
329
588 accounts
Employees
6
Below cohort median in MD
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- PLRO
- Registration date
- Jan 23, 2004
- Principal office
- 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 300-349, ANNAPOLIS, MD, 21401
- Phone
- 410-224-0572
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $286.3M
- Discretionary AUM
- $286.3M
- Non-discretionary AUM
- $0
- Discretionary accounts
- 588
- Non-discretionary accounts
- 0
- Total accounts
- 588
- AUM per client
- $870K
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | Fewer than 5 | $0 |
| Non-U.S. persons | Fewer than 5 | $0 |
| Insurance companies | Fewer than 5 | $0 |
| Charitable organizations | Fewer than 5 | $0 |
| Other investment advisers | Fewer than 5 | $985K |
| High net worth individuals | 101 | $208.7M |
| Banking or thrift institutions | Fewer than 5 | $0 |
| Pension and profit sharing plans | Fewer than 5 | $0 |
| State or municipal government entities | Fewer than 5 | $0 |
| Individuals (other than high net worth individuals) | 228 | $76.7M |
Compensation & activities
ADV Items 5E, 5GCompensation
- A percentage of assets under your management
Advisory activities
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- No
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Clients | 371 | 329 | decreased by42 |
| Apr 1, 2026 | AUM | $260,612,020 | $286,320,400 | increased by$25,708,380 |
| Apr 1, 2026 | Accounts | 634 | 588 | decreased by46 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 8 | 6 | decreased by2 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 359 | 371 | increased by12 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $265,941,983 | $260,612,020 | decreased by$5,329,963 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 614 | 634 | increased by20 |
| Apr 1, 2022 | Employees | 7 | 8 | increased by1 |
| Apr 1, 2022 | Clients | 352 | 359 | increased by7 |
| Apr 1, 2022 | AUM | $217,002,537 | $265,941,983 | increased by$48,939,446 |
| Apr 1, 2022 | Accounts | 575 | 614 | increased by39 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “SHAKER FINANCIAL” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“SHAKER FINANCIAL” may also match similarly-named firms). Confirm identity against each filing.
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.