Dcm Advisors, LLC (New York)


Dcm Advisors, LLC is a large advisory firm based in New York. It manages $124.51 million of regulatory assets for 234 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Florida, Massachusetts, New Jersey, and New York.

Dcm Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dcm Advisors: assets under management

The assets under management (AUM) of Dcm Advisors, LLC is $124.51 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -12% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $124.51 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $532.1 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 40% of the total AUM. The second-largest asset type is exchange traded securities, which make up 33% of the firm’s portfolio. Investments in state and local bonds form 22% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dcm Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, subscription fees, and performance-based fees. Subscribers pay a regular fee for the advisory firm’s newsletter or periodical. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Steven Herbert Roseman serves?

The firm provides services to individuals, investment companies, charitable organizations, and high net worth individuals. The largest group of clients of Steven Herbert Roseman is charitable organizations with 4 clients and $56.77 million of assets under management. Among the 9 most similar advisory firms, Dcm Advisors has the highest percentage of charitable organizations out of all clients.

The amount of regulatory assets under management is $124.51 million for 234 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.

Dcm Advisors doesn't advise any private funds.

Careers at Dcm Advisors, LLC

The company employs 14 people that are either part- or full-time employees. 57 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’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Steven Herbert Roseman has been acting as President since 1 Jan 2012. Andrew Michael Greenstein joined the executive team most recently as the Acting Ceo.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Glenn Andrew Grossman Manager; chief executive officer 1 Dec 2000 Other 1657276
Llc Dinosaur Group Holdings Member 1 Jan 2007 75% - 100% 11-3803862
Steven Herbert Roseman President 1 Jan 2012 Other 4483939
Venisha Frith Chief financial officer; secretary 1 Jan 2012 Other 4805172
Elliot S Grossman Senior vice president 1 Aug 2017 Other 5116278
William Paul Hodge Chief compliance officer 1 Sep 2017 Other 1950852
Steven Edward Collopy Chief operating officer 1 Sep 2017 Other 3248068
Andrew Michael Greenstein Acting ceo 1 Oct 2018 Other 3224825
Marc Reuben Rappaport Chief executive officer 1 May 2019 Other 1929619

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Glenn Andrew Grossman Managing member 1 Jan 2007 50% - 75% 1657276

Based in New York

The principal office where Dcm Advisors, LLC performs its advisory services is located at 475 Park Avenue South, New York, NY 10016, which is also the mailing address of the firm. An additional office of the firm is in Valatie, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 917-386-6260 or by fax 212-937-2459. The normal business hours are 9 am to 5 pm est on Monday - Friday. You can find more information about the New York firm at dcmadvisors.com/.