Deschaine & Company, L.L.C. (Belleville)


Deschaine & Company, L.L.C. is an adviser based in Belleville. It manages $83.13 million of regulatory assets for 225 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Illinois and Missouri.

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Deschaine & Company, L.L.C provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and sub-advisory services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Deschaine & Company, L.L.C: assets under management

The assets under management (AUM) of Deschaine & Company, L.L.C. is $83.13 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 106% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $83.13 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $369.44 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Deschaine & Company, L.L.C. for their services and products based on a percentage of assets under management and fixed fees. 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.

Careers at Deschaine & Company, L.L.C.

William Patrick Davis has served as the Chief Investment Officer since 1 Jun 2014. Brian Michael Wieland joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Marnie Elizabeth Deschaine President & managing member 1 May 1997 75% - 100% 2602087
Mark James Deschaine Member, chief investment officer & chief compliance officer 1 May 1997 25% - 50% 2121397
Marnie Elisabeth Deschaine Managing member & chief operating officer 1 May 1997 50% - 75% 2602087
Robert Edward Hendricks Member 1 Jan 2014 25% - 50% 4378069
Brian Michael Wieland Chief compliance officer 1 Jun 2014 Other 4412562
William Patrick Davis Chief investment officer 1 Jun 2014 Other 4611287

Based in Belleville

The principal office where Deschaine & Company, L.L.C. performs its advisory services is located at 128 South Fairway Drive, Belleville, IL 62223, which is also the mailing address of the firm. An additional office of the firm is in Springfield, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 618.397.1002 or by fax 618.397.4102. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at deschaineandcompany.com.