Davinci Financial Designs LLC (Columbia)


Davinci Financial Designs LLC is a large advisory firm based in Columbia. It manages $294.09 million of regulatory assets for 2,879 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Colorado, District of Columbia, and 17 other states.

Davinci Financial Designs provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for approximately 520 clients. On top of advisory services, the firm doesn't engage in other business activities.

Davinci Financial Designs: assets under management

The assets under management (AUM) of Davinci Financial Designs LLC is $294.09 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1861% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $294.09 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $102.15 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 56% of the total AUM. The second-largest asset type is exchange traded securities, which make up 22% of the firm’s portfolio. Investments in cash and cash equivalents form 22% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Davinci Financial Designs LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Davinci Financial Designs serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Davinci Financial Designs is individuals with 461 clients and $207.03 million of assets under management. Among the 8 most similar advisory firms, Davinci Financial Designs has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $294.09 million for 510 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Davinci Financial Designs doesn't advise any private funds.

Careers at Davinci Financial Designs LLC

The company employs 16 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 16 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
James Stuart Agostini Manager and chief compliance officer 1 May 2012 Other 2596320
Jeb Stuart Zoller Executive officer 1 May 2012 Other 4622591
Agostini & Associates Inc. Owner 1 May 2012 50% - 75% 57-1135732
Zoller & Associates Llc Owner 1 May 2012 25% - 50% 30-0679355

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
James Stuart Agostini Owner 1 Jan 2003 75% - 100% 2596320
Jeb Stuart Zoller Owner 1 Nov 2006 75% - 100% 4622591

Based in Columbia

The principal office where Davinci Financial Designs LLC performs its advisory services is located at 5301 N. Trenholm Road, Columbia, SC 29206, which is also the mailing address of the firm. An additional office of the firm is in Newport News, VA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 803-741-0134 or by fax 803-741-0273. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at davincifinancialdesigns.com.