Dj Wealth Systems, LLC (New York)

Name: Dj Wealth Systems, LLC
Address: 115 East 23 Rd Street, Suite 302, New York, NY, 10010
Telephone: (917) 207-0787

Dj Wealth Systems, LLC is a mid-sized advisory firm based in New York. It manages $26.21 million of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of New York.

Dj Wealth Systems provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dj Wealth Systems: assets under management

The assets under management (AUM) of Dj Wealth Systems, LLC is $26.21 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 162% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $26.21 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.02 million each.

Investments

The firm invests in derivatives the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Dj Wealth Systems, LLC 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 Dj Wealth Systems serves?

The only and largest group of clients of Dj Wealth Systems is high net worth individuals with 13 clients and $26.21 million of assets under management. Among the 1 most similar advisory firms, Dj Wealth Systems has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $26.21 million for 13 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.

Dj Wealth Systems doesn't advise any private funds.

Careers at Dj Wealth Systems, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
Jason Andrew Ginsburg	Managing member & chief compliance officer	1 Sep 2018	50% - 75%	3059319
David Robinson Heacock	Member	1 Sep 2018	50% - 75%	5010160

Based in New York

The principal office where Dj Wealth Systems, LLC performs its advisory services is located at 115 East 23 Rd Street, Suite 302, New York, NY 10010, 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 (917) 207-0787 or by fax N/A. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at djwealthsystems.com.