Dorsey, Wright & Associates, LLC (Richmond)

Name: Dorsey, Wright & Associates, LLC
Address: 3300 W Leigh Street, Richmond, VA, 23230
Telephone: 804-320-8511

Dorsey, Wright & Associates, LLC is a large advisory firm based in Richmond. It manages $393.36 million of regulatory assets for 827 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 45 other states.

Dorsey, Wright & Associates provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, publication of newsletters, educational seminars and workshops, and research & chart 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.

Dorsey, Wright & Associates: assets under management

The assets under management (AUM) of Dorsey, Wright & Associates, LLC is $393.36 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -47% since the beginning of its operation, and $6.88 million of the total AUM is attributable to clients outside of the United States.

The firm manages $393.36 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $475.65 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dorsey, Wright & Associates, LLC for their services and products based on a percentage of assets under management, hourly charges, subscription fees, and fixed fees. Subscribers pay a regular fee for the advisory firm’s newsletter or periodical. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Tammy Fridley Derosier serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Tammy Fridley Derosier is high net worth individuals with 555 clients and $210.42 million of assets under management. Among the 11 most similar advisory firms, Dorsey, Wright & Associates has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $392.16 million for 824 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 5% of the firm’s clients are foreign persons or businesses.

Dorsey, Wright & Associates doesn't advise any private funds.

Careers at Dorsey, Wright & Associates, LLC

The company employs 25 people that are either part- or full-time employees. 76 percent of the employees work as investment advisers or researchers. 19 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.

Tammy Fridley Derosier has been acting as President since 1 Jan 2015. Terence Wade joined the executive team most recently as the Senior Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Watson Howell Wright	Sec-treasurer, chief compliance officer	1 Jan 1987	Other	850612
Thomas John Dorsey	President	1 Jan 1987	Other	812869
Tammy Fridley Derosier	Executive vice president	1 Jul 2010	Other	2304207
Susan Leigh Morrison	Senior vice president	1 Jul 2010	Other	1619038
James Churchill Ball	Senior vice president	1 Jul 2010	Other	1543903
Inc. Dwa Legacy Holdings	Owner	1 Oct 2011	75% - 100%	45-3066890
Llc Pfci	Owner	1 Nov 2011	50% - 75%	45-3659735
William Edwin Mcmahan	Director	1 Nov 2011	Other	2928080
Hugh Leon Mccoll	Director	1 Nov 2011	Other	4494816
Marc Denis Oken	Director	1 Nov 2011	Other	6009489
Maryann Bruce	Director	1 Jan 2012	Other	1313061
Todd Holbrook Taylor	Director	1 Jan 2012	Other	6034677
Sara Frazier Giegerich	Chief compliance officer	1 Mar 2012	Other	5981851
Benjamin Thomas Fulton	Director	1 Apr 2013	Other	1520661
Tammy Fridley Derosier	President	1 Jan 2015	Other	2304207
Inc. The Nasdaq Omx Group	Owner	1 Jan 2015	25% - 50%	52-1165937
Inc. Granite Redux	Owner	1 Jan 2015	25% - 50%	26-0381632
Inc. Graniteblock	Owner	1 Jan 2015	Other	45-3696266
Inc. Nasdaq	Owner	1 Jan 2015	25% - 50%	52-1165937
Adena Testa Friedman	Director	1 Jan 2015	Other	5907640
Lee Michael Shavel	Director	1 Jan 2015	Other	2818382
Edward Stanley Knight	Director	1 Jan 2015	Other	6457950
Lisa Patton Johnson	Chief compliance officer	1 Mar 2016	Other	4168397
Jay Michael Gragnani	Senior managing director	1 Jul 2016	Other	6011089
Michael Alan Sandler	Chief compliance officer	1 Jul 2016	Other	2833578
Lisa Patton Johnson	Chief compliance officer	1 Mar 2018	Other	4168397
Terence Wade	Senior vice president	1 Dec 2018	Other	7052029

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Falffurias Equity Partners Llc	General partner	1 Feb 2006	Other	43-2097203
Lp Falfurrias Capital Partners	Owner	1 Jun 2007	75% - 100%	43-2097204
Inc. Granite Redux	Owner	1 Aug 2011	50% - 75%	26-0381632
Thomas John Dorsey	Owner	1 Oct 2011	50% - 75%	812869

Based in Richmond

The principal office where Dorsey, Wright & Associates, LLC performs its advisory services is located at 3300 W Leigh Street, Richmond, VA 23230, which is also the mailing address of the firm. An additional office of the firm is in Pasadena, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 804-320-8511. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at dorseywright.com.