Dwm Asset Management, LLC is a large advisory firm based in Stamford. It manages $427.02 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2007.
Dwm Asset Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Dwm Asset Management, LLC is $427.02 million. The firm's AUM has gone down by -33% since the beginning of its operation, and $427.02 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Dwm Asset Management, LLC for their services and products based on a percentage of assets under management and performance-based 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.
The only and largest group of clients of Dwm Asset Management is pooled investment vehicles with 9 clients and $427.02 million of assets under management. Among the 10 most similar advisory firms, Dwm Asset Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $427.02 million for 9 clients. 100% of the firm’s clients are foreign persons or businesses.
Dwm Asset Management also advises several private funds. Namely, one other private fund and two private equity funds. The minimum investment commitment required of non-related persons ranges from $184,351 to $1,000,000.
The company employs 23 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 3 people 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.
The principal office where Dwm Asset Management, LLC performs its advisory services is located at 750 Washington Boulevard, Stamford, CT 06901 3702, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 203-655-5453 or by fax 203-656-9528. The normal business hours are 9:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at dwmarkets.com.