Dividend Assets Capital, LLC is a large advisory firm based in Ridgeland. It manages $717.53 million of regulatory assets for 969 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Colorado, Connecticut, and 18 other states.
Dividend Assets Capital provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Dividend Assets Capital, LLC is $717.53 million. The firm's AUM has gone down by -9% since the beginning of its operation, and $2.66 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Dividend Assets Capital, 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.
The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Thomas William Lane Cameron is individuals with 561 clients and $366.35 million of assets under management. Among the 6 most similar advisory firms, Dividend Assets Capital has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $717.53 million for 618 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.
Dividend Assets Capital doesn't advise any private funds.
The company employs 13 people that are either part- or full-time employees. 46 percent of the employees work as investment advisers or researchers. 4 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.
Thomas William Lane Cameron has been acting as President since 1 Jan 2004. Jennifer Ann Ottosen joined the executive team most recently as the Chief Compliance Officer.
The principal office where Dividend Assets Capital, LLC performs its advisory services is located at 58 Riverwalk Blvd., Ridgeland, SC 29936 8126, 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 843.645.9700 or by fax 843.645.9701. The normal business hours are 8:30 am - 4:30pm on Monday - Friday. You can find more information about the New York firm at dacapitalsc.com.