Durbin Financial Advisors, Inc. (Lakewood Ranch)


Durbin Financial Advisors, Inc. is an adviser based in Lakewood Ranch. It manages $31.21 million of regulatory assets for 147 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Florida, Maryland, and Virginia.

Durbin Financial Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Durbin Financial Advisors: assets under management

The assets under management (AUM) of Durbin Financial Advisors, Inc. is $31.21 million. The firm's AUM has gone down by -2% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $30.69 million in discretionary accounts and $524.38 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $222.38 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $58.26 thousand.
Durbin Financial Advisors has custody of $31 million in cash and securities for 40 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Durbin Financial Advisors, Inc. 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.

Based in Lakewood Ranch

The principal office where Durbin Financial Advisors, Inc. performs its advisory services is located at 9040 Town Center Parkway, Lakewood Ranch, FL 34202, 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 800-805-9764 or by fax (866) 690-0154. The normal business hours are 9:00am - 5:00pm on Monday - Friday.

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