Dbs Investment Advisers, LLC (Bay City)

Name: Dbs Investment Advisers, LLC
Address: 6006 West Side Saginaw Road, Bay City, MI, 48706
Telephone: 800-327-2377

Dbs Investment Advisers, LLC is a large advisory firm based in Bay City. It manages $100.18 million of regulatory assets for 494 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Michigan and Ohio.

Dbs Investment Advisers provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting 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.

Dbs Investment Advisers: assets under management

The assets under management (AUM) of Dbs Investment Advisers, LLC is $100.18 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 69% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $100.18 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $202.8 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 75% of the total AUM. The second-largest asset type is other assets, which make up 16% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dbs Investment Advisers, LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Dbs Investment Advisers 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 Dbs Investment Advisers is pension and profit sharing plans with 64 clients and $76.86 million of assets under management. Among the 10 most similar advisory firms, Dbs Investment Advisers has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $100.18 million for 230 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.

Dbs Investment Advisers doesn't advise any private funds.

Careers at Dbs Investment Advisers, LLC

The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 2 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
Theodore Christopher Schumann	Member	1 Sep 2000	50% - 75%	4192711
Michael Gerard Ciaciuch	Member/chief compliance officer	1 Sep 2000	50% - 75%	4192722
Theodore Christopher Schumann	Chief compliance officer/member	1 Dec 2016	50% - 75%	5103648

Based in Bay City

The principal office where Dbs Investment Advisers, LLC performs its advisory services is located at 6006 West Side Saginaw Road, Bay City, MI 48706 The mailing address of the firm is Po Box 280, Bay City, MI 48707. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-327-2377 or by fax 989-686-5380. The normal business hours are 8:30 a.m. - 5:30 p.m. (et) on Monday - Friday. You can find more information about the New York firm at thedbscompanies.com.