Chez Shea LLC

Chez Shea LLC provides non‑discretionary investment portfolio recommendations to individuals, trusts, and charitable organizations and offers analytical consulting and written company research to other businesses, trust departments and banks. As of the brochure date the firm reported fewer than five external clients and regulatory assets under management of approximately $2.21 million.

The firm employs bottom‑up, fundamental analysis with a long‑term, tax‑sensitive orientation, generally favoring large‑ and mid‑capitalization equities and using low turnover and occasional tax‑loss harvesting when appropriate. Services are tailored through client interviews that collect risk tolerance and tax information; Chez Shea operates as a fee‑only adviser and provides recommendations that clients implement through their chosen custodians.

A notable characteristic is that roughly $1.96 million of the firm’s reported AUM consists of proprietary principal accounts managed on a discretionary basis while client accounts are managed non‑discretionarily, a structure the firm addresses through a Code of Ethics and trade‑priority practices. The combination of very few external clients, acceptance of occasional lower‑balance or one‑time retirement review clients, and the provision of fixed‑fee analytical consulting engagements to institutional clients is an uncommon mix for a firm in this regulatory category.