Dci, LLC is a large advisory firm based in San Francisco. It manages $5.16 billion of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of California.
Dci provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Dci, LLC is $5.16 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 47% since the beginning of its operation, and $3.98 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Dci, LLC for their services and products based on a percentage of assets under management and performance-based 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.
The firm provides services to investment companies, pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of David Matthew Solo is pooled investment vehicles with 10 clients and $3.28 billion of assets under management. Among the 10 most similar advisory firms, Dci has the 5th lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $5.16 billion for 14 clients. 85% of the firm’s clients are foreign persons or businesses.
Dci also advises several private funds. Namely, nine hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $140,000,000.
The company employs 23 people that are either part- or full-time employees. 39 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 3 people 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.
David Matthew Solo has been acting as President since 1 Apr 2004. Jon Robert Bailey joined the executive team most recently as the Chief Compliance Officer And Head Of Operations.
The principal office where Dci, LLC performs its advisory services is located at 201 Spear Street, San Francisco, CA 94105, 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 415-764-1901 or by fax 415-764-1074. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at dci.com/.