John D. Dovich & Associates, LLC is a large advisory firm based in Cincinnati. It manages $545.96 million of regulatory assets for 2,116 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Colorado, Florida, Illinois, and 7 other states.
John D. Dovich & Associates provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of John D. Dovich & Associates, LLC is $545.96 million. The firm's AUM has grown by 59% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay John D. Dovich & Associates, LLC 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.
The firm provides services to individuals, high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of John David Dovich is high net worth individuals with 66 clients and $269.74 million of assets under management. Among the 10 most similar advisory firms, John D. Dovich & Associates has the 4th lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $545.96 million for 502 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
John D. Dovich & Associates also advises several private funds. Namely, two private equity funds. The minimum investment commitment required of non-related persons is $50,000 for each fund.
The company employs 13 people that are either part- or full-time employees. 62 percent of the employees work as investment advisers or researchers. 6 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.
John David Dovich has been acting as President since 1 Jan 2009. Christopher Lee Payne joined the executive team most recently as the Chief Compliance Officer.
The principal office where John D. Dovich & Associates, LLC performs its advisory services is located at 625 Eden Park Drive, Cincinnati, OH 45202, 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 513-579-9400 or by fax 513-579-9444. The normal business hours are 8:30 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at jdovich.com.