Dfpg Investments, Inc. (Sandy)

Name: Dfpg Investments, Inc.
Address: 9017 S Riverside Drive, Sandy, UT, 84070
Telephone: 801-838-9999

Dfpg Investments, Inc. is a large advisory firm based in Sandy. It manages $370.57 million of regulatory assets for 2,227 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 36 other states.

Dfpg Investments provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Dfpg Investments: assets under management

The assets under management (AUM) of Dfpg Investments, Inc. is $370.57 million. The firm's AUM has grown by 290% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $369.57 million in discretionary accounts and $999.7 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $166.32 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $199.94 thousand.

Dfpg Investments has custody of $72.33 million in cash and securities for 424 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 44% of the total AUM. The second-largest asset type is exchange traded securities, which make up 35% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dfpg Investments, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Dfpg Investments serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Dfpg Investments is high net worth individuals with 913 clients and $192.25 million of assets under management. Among the 9 most similar advisory firms, Dfpg Investments has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $370.57 million for 2,584 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.

Dfpg Investments doesn't advise any private funds.

Careers at Dfpg Investments, Inc.

The company employs 121 people that are either part- or full-time employees. 41 percent of the employees work as investment advisers or researchers. 50 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
Charles Richard Badalamenti	Finop	1 Oct 2010	Other	2065038
Ryan Omer Smith	President & cco	1 Jan 2013	25% - 50%	4340304
Daniel James Luke	Director & gsp	1 Jan 2013	25% - 50%	4324353
Michael Allan Bendix	Ceo	1 Jan 2013	25% - 50%	5379777
David Ryan Laga	Cfo & coo	1 Feb 2016	Other	4919873

Based in Sandy

The principal office where Dfpg Investments, Inc. performs its advisory services is located at 9017 S Riverside Drive, Sandy, UT 84070, which is also the mailing address of the firm. An additional office of the firm is in Oklahoma City, OK. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 801-838-9999 or by fax 801-838-9988. The normal business hours are 8:00 am - 5:00 pm mt on Monday - Friday. You can find more information about the New York firm at dfpg.com/.