Our journey
The research firm that got too curious
Thomas J. Herzfeld Advisors —
Alternative Investment Advisory Firm. Founded 1984.
We specialize in tailored investment strategies and deep market insights that set us apart. Let us guide you through the world of alternative investments and help you achieve your financial goals.
Herzfeld Advisors refers to Thomas J. Herzfeld Advisors, Inc., an investment advisor registered with the U.S. Securities and Exchange Commission.
our numbers
Measuring
what matters
Our record speaks for itself. As a thought leader with over five decades of experience across multiple asset classes, we’ve built deep relationships with key market participants. Our focus is on uncovering unique opportunities that prioritize capital preservation and quality returns. We serve individuals, institutions, consultants, and financial advisors, offering tailored, innovative solutions with lower volatility than traditional benchmarks.
25
Years of GIPS Certification
50+
Years of CEF Experience
$1B+
Assets under management
15
Consecutive years with a 5-star rated strategy
In 1984, we were writing reports that helped people invest smarter. Published textbooks. Advised governments. Got cited in a Nobel Prize-winning paper. Then someone asked: "What if you stopped writing about better investing and started doing it?”
That question changed everything.
What SETS US APART
A time-tested system honed over more than half a-century of experience
Expertise
With 25 years of third-party (GIPS) verification and over 15 years of 5-star Morningstar ratings, our composite strategies have outperformed their respective benchmarks in both annualized and cumulative net returns since 2000.
Insight
Recognized as pioneers in the closed-end fund industry, we’ve been featured in thousands of interviews, have published numerous textbooks, and our index has appeared weekly in Barron’s since 1987. Our deep market insight sets us apart from the competition.
Specialization
We offer customized Separately Managed Accounts (SMAs) designed for investors looking to diversify across asset classes. Our historical performance demonstrates high‑quality, risk‑adjusted returns and low correlation to broader markets.
Tailored Investment Solutions for Individuals and Institutions
Too many investment advisers rely on a templated approach based on algorithms. We take a different path. We identify opportunities that others overlook — not because our computers are smarter, but because we’ve developed a disciplined underwriting process over more than four decades that’s designed to deliver consistent results with lower correlations to broader markets.
"Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat."
Name Surname Copy 2
Position
.svg)
"Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat."
Name Surname Copy
Position
"Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat."
Name Surname
Position
Insights & News
Herzfeld
After Hours
Here's what we and others are thinking about when the markets close.
