Dr Advisory Services, LLC (Albany)


Dr Advisory Services, LLC is a large advisory firm based in Albany. It manages $421.56 million of regulatory assets for 71 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of New York.

Dr Advisory Services provides 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.

Dr Advisory Services: assets under management

The assets under management (AUM) of Dr Advisory Services, LLC is $421.56 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 112% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $421.56 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.94 million each.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dr Advisory Services, LLC 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 Dr Advisory Services serves?

The only and largest group of clients of Dr Advisory Services is pension and profit sharing plans with 71 clients and $421.56 million of assets under management. Among the 12 most similar advisory firms, Dr Advisory Services has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $421.56 million for 71 clients. None of the firm’s clients are foreign persons or businesses.

Dr Advisory Services doesn't advise any private funds.

Careers at Dr Advisory Services, LLC

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No 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 compensates 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
Jeffrey Scott Bennett Chief compliance officer / manager 1 Aug 2006 50% - 75% 2101185
Gordon Stewart Robbie Finance / business manager 1 Aug 2006 Other 4507731
Llc Dr Pension Services Owner 1 Aug 2006 75% - 100% 127266
Thomas Michael Santabarbara Manager 1 Nov 2008 50% - 75% 1059895

Based in Albany

The principal office where Dr Advisory Services, LLC performs its advisory services is located at 421 Loudon Road, Albany, NY 12211, 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 518-362-2119 or by fax 518-207-9041. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at directretirement.net.