Dover Partners Inc (Dayton)


Dover Partners Inc is a pension cosultant based in Dayton. It manages $277.47 million of regulatory assets for 56 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Indiana, Kentucky, and Ohio.

Dover Partners provides portfolio management for individuals and small businesses 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.

Dover Partners: assets under management

The assets under management (AUM) of Dover Partners Inc is $277.47 million. The firm's AUM has grown by 38% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $33.97 million in discretionary accounts and $243.49 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $849.34 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $15.22 million.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 20% of the firm’s portfolio. Investments in government bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Dover Partners Inc for their services and products based on a percentage of assets under management. 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.

What kind of clients Dover Partners serves?

The firm provides services to individuals and pension and profit sharing plans. The largest group of clients of Dover Partners is pension and profit sharing plans with 16 clients and $243.49 million of assets under management. Among the 10 most similar advisory firms, Dover Partners has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $277.47 million for 56 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.

Dover Partners doesn't advise any private funds.

Careers at Dover Partners Inc

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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.

Joshua Andrew Smittkamp joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Richard Alton Campbell President & chief compliance officer 1 Oct 1989 50% - 75% 2379318
Jackson Arthur Newell Chief executive officer 1 Oct 1989 50% - 75% 2519219
Andrea Jeanne Pendergraft Chief operating officer 1 Oct 1989 Other 2441580
Maryjane Berghoff Whalen Board member 1 Oct 1989 Other 4341163
Herbert Eugene Whalen Board member 1 Oct 1989 Other 4341169
Jennifer Rene Moix Chief compliance officer 1 Jun 2005 Other 5005537
Joshua Andrew Smittkamp Chief operating officer 1 Feb 2009 Other 5620299

Based in Dayton

The principal office where Dover Partners Inc performs its advisory services is located at 476 Windsor Park Dr., Dayton, OH 45459 4111, 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 937-299-4105 or by fax 937-299-7565. The normal business hours are 8:30 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at dover-partners.com.