Augustine Asset Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Augustine Asset Management reports 72 clients. They include 61 high-net-worth individuals, 8 charitable organizations and 1 pension or profit-sharing plan. Of its assets, 96.4% ($755M across 452 accounts) are managed with discretion; $27.9M across 10 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 85% | 82% |
| Pension and profit-sharing plans | 1% | <1% |
| Charitable organizations | 11% | 15% |
| State or municipal government entities | 1% | 2% |
| Corporations and other businesses | 1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 61 | $646M | 82.5% | $10.6M |
| Pension and profit-sharing plans | Fewer than 5 | $2.71M | 0.3% | $2.71M |
| Charitable organizations | 8 | $115M | 14.6% | $14.3M |
| State or municipal government entities | Fewer than 5 | $18.6M | 2.4% | $18.6M |
| Corporations and other businesses | Fewer than 5 | $1.22M | 0.2% | $1.22M |
| Total | 72 | $783M | 100% | — |
- Clients
- 61
- Regulatory AUM
- $646M
- AUM share
- 82.5%
- Avg. per client
- $10.6M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.71M
- AUM share
- 0.3%
- Avg. per client
- $2.71M
- Clients
- 8
- Regulatory AUM
- $115M
- AUM share
- 14.6%
- Avg. per client
- $14.3M
- Clients
- Fewer than 5
- Regulatory AUM
- $18.6M
- AUM share
- 2.4%
- Avg. per client
- $18.6M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.22M
- AUM share
- 0.2%
- Avg. per client
- $1.22M
Total
- Clients
- 72
- Regulatory AUM
- $783M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Augustine Asset Management charges 0.65%–1.00% a year for its Private Client Advisory Fee Schedule. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and requires an account of at least $2,000,000.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 1.00% |
| $2M–$10M | 0.80% |
| $10M and above | 0.65% |
Fee details and sources
Jeffrey Bernardo owns 50% to 75% of Augustine Asset Management. The leadership team of Augustine Asset Management includes President Jeffrey Bernardo. It has 8 employees, 4 of them in advisory roles.
Staff
- 8 employees
- 4 in advisory functions
- 4 state-registered reps
- Owns 50% to 75% of Augustine Asset Management Inc
Jeffrey Bernardo
Control person · since December 2008
- Owns 10% to 25% of Augustine Asset Management Inc
Mark Demetree
since September 2000
- Owns 10% to 25% of Augustine Asset Management Inc
Christopher Demetree
Control person · since September 2000
- Owns 10% to 25% of Augustine Asset Management Inc
Elisa Demetree Living Trust
since September 2000
- Owns 75% or more of Elisa Demetree Living Trust
Elisa Demetree
Control person · since September 2000
- Owns 10% to 25% of Augustine Asset Management Inc
Ladd Holdings Trust, LLC
since September 2000
Augustine Asset Management’s regulatory assets grew 2.3× from $348M (March 2021) to $783M (September 2026); clients were 72 in both filings and employees rose from 7 to 8.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $783M | 72 | 8 | 1 |
| Mar 2025March 2025 | $660M | 74 | 7 | 1 |
| Mar 2024March 2024 | $477M | 80 | 7 | 1 |
| Mar 2023March 2023 | $415M | 80 | 7 | 1 |
| Mar 2022March 2022 | $375M | 79 | 8 | 1 |
| Mar 2021March 2021 | $348M | 71 | 7 | 1 |
Besides its headquarters, Augustine Asset Management has 0 offices, with 1 listed address in 1 state.
Florida · 1 listed address
- 1551 Atlantic BLVD, Suite 301, JacksonvilleHQ
Contact and registration details
- Legal name
- Augustine Asset Management Inc
- Headquarters
- 1551 Atlantic BLVD, Suite 301, Jacksonville, FL 32207-3369
- Website
- augustineasset.com
- Phone
- 904-396-6944
- SEC file
- 801-23187
- Structure
- Florida corporation
- Fiscal year end
- December
Augustine Asset Management’s named custodians for separately managed accounts are Fidelity ($479M, 63%), Charles Schwab ($149M, 19%) and Pershing ($139M, 18%). Augustine Asset Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $149M19%
- PershingBank of New York Mellon/Pershing · New York, NY · $139M18%
- FidelityFidelity Capital Markets · Boston, MA · $479M63%
At year end, Augustine Asset Management’s separately managed accounts were mostly in stocks (70%) and bonds (24%). Its reported 13F holdings for the quarter ended 30 June 2026 total $494M across 121 positions; the largest are Applovin Corp. - CL A (app) (26.5%), Kodiak Gas Services, Inc.. (kgs (9.3%) and Apple Inc. (aapl) (8.1%).
What the accounts hold
- Stocks70%
- Bonds24%
- Investment grade corporate bonds12%
- U.S. government and agency bonds10%
- State and local bonds1%
- High-yield corporate bonds1%
- Cash5%
- Other1%
- Mortgage backed securities1%
How many clients does Augustine Asset Management have?
Augustine Asset Management has 72 clients and manages $783 million for them, as of September 2026. They include 61 high-net-worth individuals, 8 charitable organizations and 1 pension or profit-sharing plan.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 2 September 2026
What services does Augustine Asset Management offer?
Augustine Asset Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Augustine Asset Management charge?
Augustine Asset Management charges 0.65%–1.00% a year for its Private Client Advisory Fee Schedule. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and requires an account of at least $2,000,000.
Which custodians does Augustine Asset Management use?
Augustine Asset Management’s separately managed account assets are held at Fidelity Capital Markets (Boston, MA), with $479M, Charles Schwab & Co., Inc. (San Francisco, CA), with $149M and Bank of New York Mellon/Pershing (New York, NY), with $139M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 September 2026
How many financial advisors does Augustine Asset Management have?
Augustine Asset Management has 4 investment adviser representatives registered with state securities authorities, out of 8 employees, and 4 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Augustine Asset Management invest in?
At the end of its last fiscal year, Augustine Asset Management’s separately managed accounts held 70% exchange-traded equities, 12% investment grade corporate bonds, 10% U.S. government and agency bonds, 5% cash and equivalents, 1% state and local bonds, 1% high-yield corporate bonds and 1% other. The 1% other category is described as: Mortgage Backed Securities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Augustine Asset Management have a minimum investment?
Yes, Augustine Asset Management’s minimum account size for its Private Client Advisory Fee Schedule is $2M.
Who owns Augustine Asset Management?
Augustine Asset Management is owned through a trust by Elisa Demetree. Its direct owners are Mark Demetree (10% to 25%), Christopher Demetree (10% to 25%), Jeffrey Bernardo (50% to 75%), Elisa Demetree Living Trust (10% to 25%) and Ladd Holdings Trust, LLC (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 2 September 2026
How does Augustine Asset Management get paid?
Augustine Asset Management is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Augustine Asset Management?
Augustine Asset Management’s main office is at 1551 Atlantic BLVD, Suite 301, Jacksonville, FL 32207-3369. Its phone number is 904-396-6944. Its website is augustineasset.com.