Disciplined Portfolio Solutions LLC (Commack)


Disciplined Portfolio Solutions LLC is a large advisory firm based in Commack. It manages $103.48 million of regulatory assets for 211 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Florida and New York.

Disciplined Portfolio Solutions provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Disciplined Portfolio Solutions: assets under management

The assets under management (AUM) of Disciplined Portfolio Solutions LLC is $103.48 million. The firm's AUM has grown by 15% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $13.21 million in discretionary accounts and $90.27 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $13.21 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $429.87 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 56% of the total AUM. The second-largest asset type is investment and business development companies, which make up 30% of the firm’s portfolio. Investments in investment grade corporate bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Disciplined Portfolio Solutions LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Disciplined Portfolio Solutions serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Disciplined Portfolio Solutions is high net worth individuals with 33 clients and $82.55 million of assets under management. Among the 8 most similar advisory firms, Disciplined Portfolio Solutions has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $103.48 million for 55 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.

Disciplined Portfolio Solutions doesn't advise any private funds.

Careers at Disciplined Portfolio Solutions LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Philip (None) Sparacino Managing member/chief compliance officer 1 Dec 2011 75% - 100% 2836992

Based in Commack

The principal office where Disciplined Portfolio Solutions LLC performs its advisory services is located at 2171 Jericho Tpk Suite 347, Commack, NY 11725, 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 631-486-9200 or by fax 631-486-9203. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at dpsinvesting.com.