Ddd Partners, LLC (Bellevue)


Ddd Partners, LLC is a large advisory firm based in Bellevue. It manages $695.88 million of regulatory assets for 442 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Texas, and Washington.

Ddd Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ddd Partners: assets under management

The assets under management (AUM) of Ddd Partners, LLC is $695.88 million. The firm's AUM has grown by 16% since the beginning of its operation, and $36 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $426.75 million in discretionary accounts and $269.13 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $981.03 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $38.45 million.
Ddd Partners has custody of $2.3 million in cash and securities for 50 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 80% of the total AUM. The second-largest asset type is investment and business development companies, which make up 9% of the firm’s portfolio. Investments in government bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ddd Partners, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 David William Tschetter serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of David William Tschetter is high net worth individuals with 68 clients and $655.15 million of assets under management. Among the 8 most similar advisory firms, Ddd Partners has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $691.24 million for 188 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.

Ddd Partners doesn't advise any private funds.

Careers at Ddd Partners, LLC

The company employs 6 people that are either part- or full-time employees. 50 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 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.

David William Tschetter has been acting as President since 1 Jul 2019. Dustin Loyal Brumbaugh joined the executive team most recently as the Ceo.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Dustin Loyal Brumbaugh Managing member & chief compliance officer 1 Oct 2017 Other 4351924
David William Tschetter Managing member 1 Oct 2017 Other 6027955
Richard William Tschetter Managing member 1 Oct 2017 75% - 100% 449937
Inc Soaring Eagle Ventures Managing member 1 Oct 2017 75% - 100% 45-2616157
Dwtschetter Investments Inc Managing member 1 Oct 2017 Other 82-2922948
Brumbaugh Investments Inc Managing member 1 Oct 2017 Other 82-2895307
David William Tschetter President 1 Jul 2019 Other 6027955
Dustin Loyal Brumbaugh Ceo 1 Jul 2019 Other 4351924
Richard William Tschetter Chairman 1 Jul 2019 Other 449937

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Richard William Tschetter President 1 Jun 2011 75% - 100% 449937

Based in Bellevue

The principal office where Ddd Partners, LLC performs its advisory services is located at 305 108 Th Ave Ne, Bellevue, WA 98004, 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 425-998-9960. The normal business hours are 6:30 a.m -4:00 p.m. on Monday - Friday. You can find more information about the New York firm at tschetterwealthadvisors.com.