Dundon Advisers LLC (Harrison)

Name: Dundon Advisers LLC
Address: 440 Mamaroneck Ave., 5 Th Fl., Harrison, NY, 10528
Telephone: (914) 341-1188

Dundon Advisers LLC is a mid-sized advisory firm based in Harrison. It manages $42 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of New York.

Dundon Advisers provides financial planning services, portfolio management for businesses and institutional clients, selection of other advisers, and advice to litigation classes. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Dundon Advisers: assets under management

The assets under management (AUM) of Dundon Advisers LLC is $42 million. The firm's AUM has gone down by -18% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5 million in discretionary accounts and $37 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $6.17 million.

Investments

The firm invests in non-exchange traded securities the most. They account for 70% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 25% of the firm’s portfolio. Investments in other assets form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dundon Advisers LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, commissions, and performance-based fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Dundon Advisers 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. No 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
Matthew Joseph Dundon	Managing member	1 Jun 2016	75% - 100%	4697592

Based in Harrison

The principal office where Dundon Advisers LLC performs its advisory services is located at 440 Mamaroneck Ave., 5 Th Fl., Harrison, NY 10528, 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 (914) 341-1188 or by fax (212) 202-4437. The normal business hours are 8 am to 5 pm on Monday - Friday. You can find more information about the New York firm at dundon.com.