R.H. Dinel Investment Counsel,Inc. (Los Angeles)

R.H. Dinel Investment Counsel,Inc. is a large advisory firm based in Los Angeles. It manages $100.55 million of regulatory assets for 33 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of California.

R.H. Dinel Investment Counsel provides portfolio management for individuals and small businesses and consultation regarding a person's portfolio. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

R.H. Dinel Investment Counsel: assets under management

The assets under management (AUM) of R.H. Dinel Investment Counsel,Inc. is $100.55 million. The firm's AUM has grown by 27% since the beginning of its operation, and $2.63 million of the total AUM is attributable to clients outside of the United States.

The firm manages $100.28 million in discretionary accounts and $268.2 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.23 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $134.1 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 90% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio. Investments in state and local bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay R.H. Dinel Investment Counsel,Inc. for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Richard Dinel serves?

The firm provides services to charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Richard Dinel is high net worth individuals with 28 clients and $93.07 million of assets under management. Among the 14 most similar advisory firms, R.H. Dinel Investment Counsel has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $100.55 million for 32 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.

R.H. Dinel Investment Counsel doesn't advise any private funds.

Careers at R.H. Dinel Investment Counsel,Inc.

The company employs 1 person that is either a part- or full-time employee. 100 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 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.

Richard Dinel has been acting as President since 1 Mar 1992. The Dinel Family Trust joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joyce Korsmeyer Dinel	Vice president, administration, trustee of the dinel family trust	1 Mar 1992	Other	4356386
Richard Henry Dinel	President, chief compliance officer, trustee of the dinel family trust	1 Mar 1992	Other	2206606
Richard Dinel	President	1 Mar 1992	75% - 100%	2206606
Richard Henry Dinel	Chief compliance officer	1 Oct 2004	75% - 100%	2206606
The Dinel Family Trust	Shareholder	1 Sep 2013	75% - 100%	xxx-xx-xxxx

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Richard Henry Dinel	Trustee and beneficial owner	1 Sep 2013	Other	2206606
Joyce Korsmeyer Dinel	Trustee and beneficial owner	1 Sep 2013	Other	4356386

Based in Los Angeles

The principal office where R.H. Dinel Investment Counsel,Inc. performs its advisory services is located at 11661 San Vicente Blvd Ste 400, Los Angeles, CA 90049 5112, 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 310-571-7171 or by fax 310-571-3344. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday.