Shapiro Capital Management LLC (Atlanta)

Shapiro Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Shapiro Capital Management: assets under management

The assets under management (AUM) of Shapiro Capital Management LLC is $3.99 billion. The firm's AUM has grown by 101% since the beginning of its operation, and $220.43 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $3.82 billion in discretionary accounts and $165.65 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.65 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.51 million.

Investments

The firm invests in exchange traded securities the most. They account for 94% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Shapiro Capital Management LLC 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.

What kind of clients Samuel Robert Shapiro serves?

The firm provides services to investment companies, charitable organizations, other investment advisers, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Samuel Robert Shapiro is high net worth individuals with 692 clients and $1.24 billion of assets under management. Among the 8 most similar advisory firms, Shapiro Capital Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $3.99 billion for 887 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 6% of the firm’s clients are foreign persons or businesses.

Shapiro Capital Management doesn't advise any private funds.

Careers at Shapiro Capital Management LLC

The company employs 9 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Samuel Robert Shapiro has been acting as President since 1 Feb 2006. Marvin Harris Barge joined the executive team most recently as the Cco.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 29 indirect owners.

Based in Atlanta

The principal office where Shapiro Capital Management LLC performs its advisory services is located at 3060 Peachtree Rd Nw, Atlanta, GA 30305 2236, 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 404-842-9600 or by fax 404-842-9601. The normal business hours are 8:30 to 4:30 on Monday - Friday. You can find more information about the New York firm at shapirocapital.com.

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