Db Root & Company, Inc. (Pittsburgh)

Name: Db Root & Company, Inc.
Address: 436 Seventh Avenue, Pittsburgh, PA, 15219
Telephone: 412-227-2800

Db Root & Company, Inc. is a large advisory firm based in Pittsburgh. It manages $338.82 million of regulatory assets for 1,992 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, Florida, Maryland, and 11 other states.

Db Root & Company 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 more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Db Root & Company: assets under management

The assets under management (AUM) of Db Root & Company, Inc. is $338.82 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 17% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $338.82 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $170.09 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Db Root & Company, Inc. 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 Db Root & Company, Inc.

Charles Janssens Stout has been acting as President since 1 Aug 2015. Inc. Dbr Management Co. joined the executive team most recently as the Parent Holding Company.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Heather Ostrowski	Chief compliance officer	1 Aug 2015	Other	4032832
David Bond Root	Chief executive officer	1 Aug 2015	75% - 100%	1270361
David W Hoffman	Vice president	1 Aug 2015	Other	6197171
Charles Janssens Stout	President	1 Aug 2015	Other	1506434
David Warren Hoffmann	Vice president	1 Aug 2015	Other	2946293
Heather Ann Ostrowski	Chief compliance officer	1 Aug 2015	Other	4032832

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
David Bond Root	Shareholder	1 Jul 2017	75% - 100%	1270361
Inc. Dbr Management Co.	Parent holding company	1 Jul 2017	75% - 100%	25-1733909

Based in Pittsburgh

The principal office where Db Root & Company, Inc. performs its advisory services is located at 436 Seventh Avenue, Pittsburgh, PA 15219, 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 412-227-2800 or by fax 412-227-2805. The normal business hours are 8:00 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at dbroot.com.