Dhk Financial Advisors Inc (Portsmouth)

Name: Dhk Financial Advisors Inc
Address: 3 Greenleaf Woods Drive, Portsmouth, NH, 03801
Telephone: 603-436-5801

Dhk Financial Advisors Inc is a large advisory firm based in Portsmouth. It manages $1.04 billion of regulatory assets for 67 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Massachusetts, New Hampshire, New York, and Texas.

Dhk Financial Advisors provides 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.

Dhk Financial Advisors: assets under management

The assets under management (AUM) of Dhk Financial Advisors Inc is $1.04 billion. The firm's AUM has grown by 20% since the beginning of its operation, and $1.21 million of the total AUM is attributable to clients outside of the United States.

The firm manages $459.93 million in discretionary accounts and $578.69 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $10.22 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $26.3 million.

Investments

The firm invests in investment and business development companies the most. They account for 85% of the total AUM. The second-largest asset type is other assets, which make up 8% of the firm’s portfolio. Investments in exchange traded securities form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dhk Financial Advisors Inc for their services and products based on a percentage of assets under management 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 Thomas Morgan Kelly serves?

The firm provides services to charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Thomas Morgan Kelly is charitable organizations with 50 clients and $879.11 million of assets under management. Among the 9 most similar advisory firms, Dhk Financial Advisors has the highest percentage of charitable organizations out of all clients.

The amount of regulatory assets under management is $1.04 billion for 67 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Dhk Financial Advisors doesn't advise any private funds.

Careers at Dhk Financial Advisors Inc

The company employs 7 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. 3 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.

Thomas Morgan Kelly has been acting as President since 1 Jun 1993. Charles David Brown joined the executive team most recently as the Managing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Timothy William Dempsey	President, director & cco	1 Jun 1993	Other	1800163
Thomas Morgan Kelly	Director	1 Jun 1993	50% - 75%	267271
Thomas Morgan Estate Of Kelly	Director	1 Jun 1993	75% - 100%	267271
Dhk Financial Advisors Inc	Chief compliance officer	1 Dec 2003	25% - 50%	106126
James Robert Brown	Director	1 Mar 2012	Other	2494851
Nancy A Iannicelli	Co-owner	1 Oct 2015	75% - 100%	6631648
Charles David Brown	Managing director	1 Jan 2016	Other	2934793

Based in Portsmouth

The principal office where Dhk Financial Advisors Inc performs its advisory services is located at 3 Greenleaf Woods Drive, Portsmouth, NH 03801 The mailing address of the firm is P.O. Box 4162, Portsmouth, NH 03802. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 603-436-5801 or by fax 603-431-3346. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at dhkfinancial.com.