Mackey Komara & Dankovich LLC (Troy)

Name: Mackey Komara & Dankovich LLC
Address: 1301 W. Long Lake Road, Troy, MI, 48098
Telephone: 248-418-5100

Mackey Komara & Dankovich LLC is a large advisory firm based in Troy. It manages $218.3 million of regulatory assets for 1,012 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Michigan and Texas.

Mackey Komara & Dankovich provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mackey Komara & Dankovich: assets under management

The assets under management (AUM) of Mackey Komara & Dankovich LLC is $218.3 million. The firm's AUM has grown by 66% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $203.46 million in discretionary accounts and $14.84 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $206.56 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $549.66 thousand.

Mackey Komara & Dankovich has custody of $56.11 million in cash and securities for 50 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 40% of the total AUM. The second-largest asset type is investment and business development companies, which make up 33% of the firm’s portfolio. Investments in cash and cash equivalents form 27% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mackey Komara & Dankovich LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Mackey Komara & Dankovich serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Mackey Komara & Dankovich is high net worth individuals with 56 clients and $118.56 million of assets under management. Among the 9 most similar advisory firms, Mackey Komara & Dankovich has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $218.3 million for 228 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Mackey Komara & Dankovich doesn't advise any private funds.

Careers at Mackey Komara & Dankovich LLC

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joseph Edgar Mackey	Member	1 Dec 2006	25% - 50%	4531242
Michael Brian Komara	Member	1 Dec 2006	25% - 50%	2345326
John Michael Dankovich	Managing member; chief compliance officer	1 Aug 2007	25% - 50%	1413703
Joseph Edgar Mackey	Member, chief compliance officer	1 Jul 2012	25% - 50%	4531242
John Michael Dankovich	Member, chief compliance officer	1 Oct 2012	25% - 50%	1413703
Nathan Mark Bohannon	Chief operations officer	1 Oct 2013	Other	4518569
Nathan Mark Bohannon	Member, chief operations officer	1 Jan 2016	25% - 50%	4518569
Lori Tollefson Williams	Chief compliance officer	1 Sep 2016	Other	5438816

Based in Troy

The principal office where Mackey Komara & Dankovich LLC performs its advisory services is located at 1301 W. Long Lake Road, Troy, MI 48098, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 248-418-5100 or by fax 248-418-5105. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at mkdwealthcoach.com.