Fishman Jay A provides portfolio management for individuals and small businesses and portfolio management for institutions.
Fishman Jay A reports 537 clients. They include 257 individual clients, 244 high-net-worth individuals, and 18 corporations and other businesses. Of its assets, 100.0% ($1.25B across 537 accounts) are managed with discretion. Of its clients, 1% are outside the U.S. It advised 537 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 48% | 3% |
| High-net-worth individuals | 45% | 84% |
| Pension and profit-sharing plans | 2% | 6% |
| Charitable organizations | <1% | 2% |
| Corporations and other businesses | 3% | 4% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 257 | $39.6M | 3.2% | $154K |
| High-net-worth individuals | 244 | $1.05B | 84.1% | $4.31M |
| Pension and profit-sharing plans | 13 | $76.4M | 6.1% | $5.87M |
| Charitable organizations | 5 | $26.7M | 2.1% | $5.35M |
| Corporations and other businesses | 18 | $55.8M | 4.5% | $3.1M |
| Total | 537 | $1.25B | 100% | $2.33M |
- Clients
- 257
- Regulatory AUM
- $39.6M
- AUM share
- 3.2%
- Avg. per client
- $154K
- Clients
- 244
- Regulatory AUM
- $1.05B
- AUM share
- 84.1%
- Avg. per client
- $4.31M
- Clients
- 13
- Regulatory AUM
- $76.4M
- AUM share
- 6.1%
- Avg. per client
- $5.87M
- Clients
- 5
- Regulatory AUM
- $26.7M
- AUM share
- 2.1%
- Avg. per client
- $5.35M
- Clients
- 18
- Regulatory AUM
- $55.8M
- AUM share
- 4.5%
- Avg. per client
- $3.1M
Total
- Clients
- 537
- Regulatory AUM
- $1.25B
- AUM share
- 100%
- Avg. per client
- $2.33M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 537
- Private funds advised
- 0
Fishman Jay A charges 0.50%–1.00% a year for its Investment Management Fees. Each asset band is charged at its own rate. The fee is billed in advance or in arrears and is negotiable.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.00% |
| $1M–$5M | 0.75% |
| $5M and above | 0.50% |
Fee details and sources
Jay Fishman owns 75% or more of Fishman Jay A. The leadership team of Fishman Jay A includes President Jay Fishman. It has 8 employees, 4 of them in advisory roles.
Staff
- 8 employees
- 4 in advisory functions
- 4 state-registered reps
- Owns 75% or more of Fishman Jay A LTD
Jay Fishman
Control person · since September 1983
Fishman Jay A’s regulatory assets grew 1.6× from $786M (March 2021) to $1.25B (March 2026); clients rose from 408 to 537 and employees were 8 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $1.25B | 537 | 8 | 2 |
| Jul 2025July 2025 | $1.12B | 524 | 8 | 2 |
| Mar 2024March 2024 | $959M | 481 | 8 | 2 |
| Mar 2023March 2023 | $782M | 446 | 9 | 2 |
| Mar 2022March 2022 | $1.01B | 429 | 9 | 1 |
| Mar 2021March 2021 | $786M | 408 | 8 | 1 |
Besides its headquarters, Fishman Jay A has 1 office, with 2 listed addresses across 2 states.
Florida · 1 listed address
- 2000 Pga Boulevard, Palm Beach Gardens
Michigan · 1 listed address
- 901 Wilshire Drive, Suite 555, TroyHQ
Contact and registration details
- Legal name
- Fishman Jay A LTD
- Headquarters
- 901 Wilshire Drive, Suite 555, Troy, MI 48084-4108
- Website
- jaf-ltd.com
- Phone
- 248-740-9400
- SEC file
- 801-6618
- Founded
- 1970
- Structure
- Michigan corporation
- Fiscal year end
- December
Fishman Jay A’s named custodian for separately managed accounts is Charles Schwab ($676M). Fishman Jay A has custody of $92.1M for 13 clients.
- Charles SchwabCharles Schwab & Co., Inc. · El Paso, TX · $676M100%
At year end, Fishman Jay A’s separately managed accounts were mostly in stocks (95%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.26B across 79 positions; the largest are Apple Inc. (20.3%), Alphabet Inc. Cap Stk CL A (10.8%) and Amazon Com Inc. (8.0%).
What the accounts hold
- Stocks95%
- Bonds1%
- Cash2%
- Other2%
- Real estate limited partnerships2%
How many clients does Fishman Jay A have?
Fishman Jay A has 537 clients and manages $1.25 billion for them, as of March 2026. They include 257 individual clients, 244 high-net-worth individuals, and 18 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Fishman Jay A offer?
Fishman Jay A 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 Fishman Jay A charge?
Fishman Jay A charges 0.50%–1.00% a year for its Investment Management Fees. Each asset band is charged at its own rate. The fee is billed in advance or in arrears and is negotiable.
Which custodians does Fishman Jay A use?
Fishman Jay A’s separately managed account assets are held at Charles Schwab & Co., Inc. (El Paso, TX), with $676M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Fishman Jay A have?
Fishman Jay A 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 Fishman Jay A invest in?
At the end of its last fiscal year, Fishman Jay A’s separately managed accounts held 95% exchange-traded equities, 2% cash and equivalents, 2% other and 1% investment grade corporate bonds. The 2% other category is described as: Real Estate Limited Partnerships.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Fishman Jay A?
Fishman Jay A’s direct owner is Jay Fishman (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Fishman Jay A get paid?
Fishman Jay A 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 Fishman Jay A?
Fishman Jay A’s main office is at 901 Wilshire Drive, Suite 555, Troy, MI 48084-4108. Its phone number is 248-740-9400. Its website is jaf-ltd.com.