THOMAS J. HERZFELD ADVISORS, INC.

C41
CRD 108369·SEC 801-20866·MIAMI BEACH, FL
AUM
$890.4M
$500M-$1B
Est. Revenue
$8.9M
@ 1% on AUM
Est. EBITDA
$2.7M
@ 30% margin
Est. Deal Value
$21.4M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
THOMAS J. HERZFELD ADVISORS, INC.
CRD
108369
SEC file #
801-20866
EIN
395048714
DBA names

Economics

AUM
$890.4M
AUM band
$500M-$1B
AUM trajectory
'20'26
$320.5M → $890.4M▲ +178%
Client mix
Other127
Individuals High Net Worth125
Individuals Other15
Charitable Organizations11
Corporations10

Operations

Employees (total)
15
Advisory staff (per ADV)
6
Advisory staff (5-yr trend)
'20'26
3 advisors → 6 advisors▲ +100%
Primary office
MIAMI BEACH FL
Branches

Custodian & Brokerage

Primary custodian
U.S. Banklow confidence
Services offered
Portfolio mgmt — individualsPortfolio mgmt — investment companiesPortfolio mgmt — pooled vehiclesPortfolio mgmt — businesses
Fee basis
% of AUMPerformance-based feesOther Compensation

Filings

Latest ADV filing
03/31/2026
ADV-W filed at

Compliance

Disclosures (firm)
0
Trademark
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
HERZFELD, THOMAS, JAY
Top Owner Pct
87.5
Top Owner Entity Kind
I
Owner Count
3
Control Persons
HERZFELD, THOMAS, JAY
HERZFELD, ERIK, MERVIN
Solo Advisor Indicator
No
Succession Risk Solo Owner
Yes
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
social_url_excluded:linkedin.com

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No

SEC EDGAR

Edgar Cik
0002128251
Edgar Registered
Yes
Edgar Filing Count
1
Edgar First Filing Date
2026-04-15
Edgar Last Filing Date
2026-04-15
Edgar Form D Count
1
Edgar Form D Offerings
2026-04-152026-04-15 · 0002128251-26-000001

Compliance & brand

Firm Registration Status
active

All other collected signals (12)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
3
Bc Firm IAR Count
3
Custodian Candidates
Full
U.s. Bank24
Charles Schwab6
E*trade4
Morgan Stanley3
Wells Fargo1
Edgar Addresses
Mailing
119 WASHINGTON AVENUESUITE 504MIAMI BEACH, FL 33139
Business
119 WASHINGTON AVENUESUITE 504MIAMI BEACH, FL 33139
Edgar EIN
395048714
Edgar Recent Filings
D2026-04-15 · 0002128251-26-000001
Firm Has Custody
Yes
Mailing Office Differs
No
Top Owner CRD
244419
Trust Company Affiliate
No