Daniel Investment Associates, LLC (Santa Barbara)

Name: Daniel Investment Associates, LLC
Address: 923 Saint Vincent Avenue, Santa Barbara, CA, 93101
Telephone: 805-845-7724

Daniel Investment Associates, LLC is a large advisory firm based in Santa Barbara. It manages $271 million of regulatory assets for 34 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of California.

Daniel Investment Associates provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Daniel Investment Associates: assets under management

The assets under management (AUM) of Daniel Investment Associates, LLC is $271 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in other assets the most. They account for 55% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 14% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Daniel Investment Associates, 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.

What kind of clients Daniel Investment Associates serves?

The firm provides services to charitable organizations and high net worth individuals. The largest group of clients of Daniel Investment Associates is high net worth individuals with 30 clients and $249.76 million of assets under management. Among the 13 most similar advisory firms, Daniel Investment Associates has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $271 million for 34 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Daniel Investment Associates doesn't advise any private funds.

Careers at Daniel Investment Associates, LLC

The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 5 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
Gregory Daniel Van Wyk	Elected manager/chief compliance officer	1 Aug 2011	75% - 100%	4603281

Based in Santa Barbara

The principal office where Daniel Investment Associates, LLC performs its advisory services is located at 923 Saint Vincent Avenue, Santa Barbara, CA 93101 The mailing address of the firm is 27 W. Anapamu Street, Santa Barbara, CA 93101. An additional office of the firm is in Honolulu, HI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 805-845-7724 or by fax 805-845-2840. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at danielinvestmentassociates.com.