What services does First Shelbourne offer?
First Shelbourne provides professional portfolio management. Many clients come here after retiring and wanting to roll their 401k into their own IRA as to have more control over their investments. Others want to invest funds after selling a business, having received an inheritance, or wanting to invest their savings.
What fee does First Shelbourne charge?
0.50% (half of one percent) annual fee.
No tiers. No surprises. No hidden gimmicks or layers.
Do you purchase high-fee mutual funds or products for clients?
No. First Shelbourne does not have product grids, revenue-sharing agreements, or preferred product lists. These arrangements can indirectly incentivize advisors to recommend higher-fee mutual funds because mutual fund companies may pay revenue-sharing to the broker-dealer or parent company. First Shelbourne doesn't even buy mutual funds for clients. Instead, we buy low-cost index ETFs along with individual stocks and bonds.
What types of investments do you purchase?
Some of the investments purchased for clients are as follows:
-Treasuries bought at auction
-Individual corporate bonds
-Federal Farm Credit Bank bonds
-Federal Home Loan Bank bonds.
-Individual municipal bonds
-Brokered bank CDs that pay monthly interest.
-TVA (Tennessee Valley Authority) bonds
-PEFCO (Private Export Funding Corporation) bonds
-Tobacco bonds
-Individual stocks
-Stock Index and specific bond ETFs
Does your firm avoid any specific investments?
First Shelbourne will not purchase any of the following:
-Leveraged or inverse ETFs
-Complex ETFs such as buffer or VIX ETFs
-Various commodity ETFs that invest in futures and incur roll costs.
-Bitcoin or any crypto related investments
-Private credit markets
Do you have a minimum investment requirement?
The minimum investment required is $150,000.
I don't live in New York. Can I still use your company to manage my funds?
Yes. Where you live no longer limits who you can work with. First Shelbourne serves clients across New York and throughout the country. Meetings are easily done remotely, allowing you to work with the right advisor, not just the nearest one.
Is your company licensed and insured?
Yes. First Shelbourne is fully licensed and carries a full cyber insurance policy as well as errors & ommissions insurance.
Can I email or call with any other questions I have?
Yes. If you’re ever unsure about something, please don’t hesitate to reach out. Even if it’s not a service I provide, I’m happy to point you in the right direction so you can get the proper guidance you need.
© 2026 First Shelbourne LLC, All rights reserved.
First Shelbourne LLC is a registered investment advisor in New York. Financial advisor services are offered through First Shelbourne LLC, an investment advisory firm domiciled in the State of New York. The presence of this website on the Internet shall not be directly or indirectly interpreted as a solicitation of investment advisory services to persons of another jurisdiction unless otherwise permitted by statute. Follow-up or individualized responses to consumers in a particular state by our firm in the rendering of personalized investment advice for compensation shall not be made without our first complying with jurisdiction requirements or under an applicable state exemption. This material is provided for informational purposes only and is not intended to be relied upon as a forecast, research, or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy.
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