Demicell Wealth Management, Inc. (Pueblo)


Demicell Wealth Management, Inc. is an adviser based in Pueblo. It manages $37.16 million of regulatory assets for 304 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Colorado, Tennessee, and Texas.

Demicell Wealth Management 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 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Demicell Wealth Management: assets under management

The assets under management (AUM) of Demicell Wealth Management, Inc. is $37.16 million. The firm's AUM has gone down by -40% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $31.58 million in discretionary accounts and $5.58 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $127.35 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $99.63 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Demicell Wealth Management, 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 Demicell Wealth Management, Inc.

Albert David Demicell has been acting as President since 1 Jun 2004. Lorrie Lynn Anderson joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Albert David Demicell President 1 Jun 2004 50% - 75% 1944753
Donald James Banner Vice president 1 Jun 2004 50% - 75% 4309423
Mark A Williams Chief compliance officer 1 Mar 2010 Other 5701992
Lorrie Lynn Anderson Chief compliance officer 1 Jan 2011 Other 3037166

Based in Pueblo

The principal office where Demicell Wealth Management, Inc. performs its advisory services is located at 200 West 1 St Street, Pueblo, CO 81003, 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 719-251-5008 or by fax 719-543-4343. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.demicell.com.