Dh Partners, LLC (Seattle)

Name: Dh Partners, LLC
Address: 1301 2 Nd Avenue, Suite 2850, Seattle, WA, 98101
Telephone: 206-254-4100

Dh Partners, LLC is a large advisory firm based in Seattle. It manages $116.98 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Washington.

Dh Partners 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.

Dh Partners: assets under management

The assets under management (AUM) of Dh Partners, LLC is $116.98 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -14% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $116.98 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $58.49 million each.

Dh Partners has custody of $116.98 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dh Partners, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Dh Partners serves?

The only and largest group of clients of Dh Partners is pooled investment vehicles with 2 clients and $116.98 million of assets under management. Among the 7 most similar advisory firms, Dh Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $116.98 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Dh Partners also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $250,000.

Careers at Dh Partners, LLC

The company employs 6 people that are either part- or full-time employees. 83 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
Inc. Delafield Hambrecht	Sole owner	1 Feb 2003	75% - 100%	01-0548240
Andrew Heard Lufkin	Manager	1 Jun 2004	Other	1389752
Carol Jean Black	Cco/ director of finance & operations	1 Mar 2019	Other	4536474

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
John Dennis Delafield	President and ceo	1 Feb 2003	50% - 75%	2627022

Based in Seattle

The principal office where Dh Partners, LLC performs its advisory services is located at 1301 2 Nd Avenue, Suite 2850, Seattle, WA 98101, 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 206-254-4100 or by fax 206-254-4199. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at delafieldhambrecht.com.