Seelaus Asset Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, and portfolio management for institutions. Financial planning was provided to 1–10 clients last fiscal year. The firm advises 4 private funds.
Seelaus Asset Management reports 273 clients. They include 121 individual clients, 117 high-net-worth individuals, and 17 corporations and other businesses. Of its assets, 99.7% ($1.7B across 490 accounts) are managed with discretion; $5.45M across 12 accounts are not. It advised 2 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 44% | 3% |
| High-net-worth individuals | 43% | 12% |
| Pooled investment vehicles | 1% | 8% |
| Charitable organizations | 3% | <1% |
| Other investment advisers | 3% | 17% |
| Other client typesCorporations and other businesses | 6% | 60% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 121 | $44.3M | 2.6% | $366K |
| High-net-worth individuals | 117 | $206M | 12.1% | $1.76M |
| Pooled investment vehicles | 4 | $138M | 8.1% | $34.4M |
| Charitable organizations | 7 | $7.97M | 0.5% | $1.14M |
| Other investment advisers | 7 | $284M | 16.7% | $40.6M |
| Corporations and other businesses | 17 | $1.02B | 60.1% | $60.3M |
| Total | 273 | $1.7B | 100% | $6.24M |
- Clients
- 121
- Regulatory AUM
- $44.3M
- AUM share
- 2.6%
- Avg. per client
- $366K
- Clients
- 117
- Regulatory AUM
- $206M
- AUM share
- 12.1%
- Avg. per client
- $1.76M
- Clients
- 4
- Regulatory AUM
- $138M
- AUM share
- 8.1%
- Avg. per client
- $34.4M
- Clients
- 7
- Regulatory AUM
- $7.97M
- AUM share
- 0.5%
- Avg. per client
- $1.14M
- Clients
- 7
- Regulatory AUM
- $284M
- AUM share
- 16.7%
- Avg. per client
- $40.6M
- Clients
- 17
- Regulatory AUM
- $1.02B
- AUM share
- 60.1%
- Avg. per client
- $60.3M
Total
- Clients
- 273
- Regulatory AUM
- $1.7B
- AUM share
- 100%
- Avg. per client
- $6.24M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 2
- Private funds advised
- 4
- Financial planning clients last fiscal year
- 1–10
Seelaus Asset Management is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees) and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Seelaus Holdings LLC owns 75% or more of Seelaus Asset Management and is in turn owned by R. Seelaus & Co., Inc. (75% or more). Kenneth Klein is CEO; the leadership team includes Chief Investment Officer Andrew Khatri, Chief Financial Officer Mayya Molchan and Chief Compliance Officer Karolina Pajdak. It has 29 employees, 14 of them in advisory roles.
Leadership
- Kenneth KleinChief Executive Officer/ Elected Manager
- Mayya MolchanChief Financial Officer/Elected Manager
- Karolina PajdakChief Compliance Officer/Managing Member
- Andrew KhatriChief Investment Officer/Elected Manager
Investment adviser representatives
20 representatives listed in the SEC register as of 9 October 2026.
- Thomas Paul Dalpiaz
- James Peirce Daly
- Alan Thomas Grobert
- Andrew Miles Khatri
- Kenneth Harris Klein
- Andrew Michael Lapone
- David Gerald Mangone
- Anneliese NMN Mitnick
- Robert Keith Mitnick
- Albert Quentin Murray III
- Karolina NMN Pajdak
- Mary McCurdy Parker
- George Thomas Reedy
- Roberta Rosenblatt
- Benjamin Patrick Seelaus
- Gary Alan Segal
- Amy Cooper Smoragiewicz
- Paul Ridgely Stierhoff
- Arthur Kingsland Weise
- Hongyuan Yang
Staff
- 29 employees
- 14 in advisory functions
- 13 state-registered reps
- 12 broker-dealer reps
- 5 insurance agents
- 2 soliciting firms
- Owns 75% or more of Seelaus Asset Management, LLC
Seelaus Holdings LLC
Control person · since March 2022
- Owns 75% or more of Seelaus Holdings LLC
R. Seelaus & Co., Inc.
since March 2022
- Owns 25% to 50% of R. Seelaus & Co., Inc.
Joanne Seelaus
Control person · since April 2015
Richard Seelaus
Managing member · Control person · since December 2012
Anneliese Mitnick
Managing member · Control person · since December 2012
Albert Murray III
Managing member · Control person · since August 2017
Karolina Pajdak
Managing member · Control person · since December 2012
Benjamin Seelaus
Managing member · Control person · since March 2015
James Brucia
Managing member · Control person · since January 2021
Leslie Graves
Managing member · Control person · since January 2021
Seelaus Asset Management’s regulatory assets grew 3.3× from $511M (May 2021) to $1.7B (March 2026); clients fell from 305 to 273 and employees rose from 25 to 29. In 2019, Sterling Wealth Advisors joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $1.7B | 273 | 29 | 2 |
| March 2025 | $1.55B | 270 | 30 | 2 |
| March 2024 | $1.43B | 284 | 29 | 2 |
| July 2023 | $1.07B | 310 | 29 | 2 |
| March 2022 | $857M | 314 | 29 | 3 |
| May 2021 | $511M | 305 | 25 | 4 |
Firms that joined
20191 joined
- Sterling Wealth AdvisorsNo filed AUM
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Seelaus Asset Management has 1 office, with 2 listed addresses in New Jersey.
New Jersey · 2 listed addresses
- 26 Main Street, Suite 304, ChathamHQ
- 200 Monmouth Street, Red Bank
Contact and registration details
- Legal name
- Seelaus Asset Management, LLC
- Headquarters
- 26 Main Street, Suite 304, Chatham, NJ 07928
- Website
- rseelaus.com
- Phone
- 212-935-0755
- @seelaus-asset-management-llc
- SEC file
- 801-77641
- Structure
- Delaware LLC
- Fiscal year end
- December
Seelaus Asset Management uses U.S. Bancorp Investments ($534M, 39%), BNY Mellon Capital Markets ($508M, 37%) and Pershing ($178M, 13%), among others, as custodians for its separately managed accounts. Seelaus Asset Management has custody of $60.8M in client assets for 38 clients.
- PershingPershing LLC · Jersey City, NJ · $178M13%
- BNY Mellon Capital MarketsBNY Mellon Capital Markets, LLC · New York, NY · $508M37%
- U.S. Bancorp InvestmentsU.S. Bancorp Investments, Inc. · Minneapolis, MN · $534M39%
- Charles SchwabCharles Schwab & Co., Inc. · Orlando, FL · $149M11%
At year end, Seelaus Asset Management’s separately managed accounts were mostly in bonds (68%) and stocks (10%). Its reported 13F holdings for the quarter ended 30 June 2026 total $142M across 204 positions; the largest are Apple Inc. (7.0%), State Str SPDR S&P 500 ETF T (5.6%) and Alphabet Inc. (2.0%).
What the accounts hold
- Stocks10%
- Bonds68%
- Investment grade corporate bonds50%
- State and local bonds13%
- U.S. government and agency bonds5%
- Cash4%
- Other18%
- Etf's fixed income, cmos18%
Reported 13F holdings
- $142M
- Reported 13F value
- 204
- Positions
- 27.3%
- In the 10 largest
- +2.7%
- Value vs. prior quarter
- Apple Inc.7.0%
- State Str SPDR S&P 500 ETF T · TR Unit5.6%
- Alphabet Inc. · Cap Stk CL C2.0%
- Cameco Corp.1.9%
- United Rentals Inc.1.9%
- Microsoft Corp.1.8%
- Berkshire Hathaway Inc. Del · CL B New1.8%
- Advanced Micro Devices Inc.1.8%
- Amazon Com Inc.1.8%
- Alphabet Inc. · Cap Stk CL A1.7%
Together, the ten largest are 27.3% of reported value.
How many clients does Seelaus Asset Management have?
Seelaus Asset Management has 273 clients and manages $1.7 billion for them, as of March 2026. They include 121 individual clients, 117 high-net-worth individuals, and 17 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Seelaus Asset Management offer?
Seelaus Asset Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Seelaus Asset Management use?
Seelaus Asset Management’s separately managed account assets are held at U.S. Bancorp Investments, Inc. (Minneapolis, MN), with $534M, BNY Mellon Capital Markets, LLC (New York, NY), with $508M, Pershing LLC (Jersey City, NJ), with $178M and Charles Schwab & Co., Inc. (Orlando, FL), with $149M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Seelaus Asset Management have?
Seelaus Asset Management has 13 investment adviser representatives registered with state securities authorities, out of 29 employees, and 14 perform investment advisory functions. 12 employees are registered representatives of a broker-dealer and 5 employees are 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 Seelaus Asset Management invest in?
At the end of its last fiscal year, Seelaus Asset Management’s separately managed accounts held 50% investment grade corporate bonds, 18% other, 13% state and local bonds, 10% exchange-traded equities, 5% U.S. government and agency bonds and 4% cash and equivalents. The 18% other category is described as: ETF'S Fixed Income, Cmos. It advises 4 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Seelaus Asset Management?
Seelaus Asset Management is owned through a chain of holding companies by Joanne Seelaus. Its direct owner is Seelaus Holdings LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Seelaus Asset Management get paid?
Seelaus Asset Management is paid through a percentage of assets under management, hourly charges, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Seelaus Asset Management registered with the SEC?
Yes, Seelaus Asset Management has been registered with the SEC as an investment adviser since 15 February 2013. Its CRD number is 149582 and its SEC file number is 801-77641.
Source: Form ADV Part 1A, Item 1, filed 31 March 2026; IAPD firm record
How do I contact Seelaus Asset Management?
Seelaus Asset Management’s main office is at 26 Main Street, Suite 304, Chatham, NJ 07928. Its phone number is 212-935-0755. Its website is rseelaus.com.