Dewaay Advisory, LLC (Clive)

Dewaay Advisory, LLC is a large advisory firm based in Clive. It manages $114.87 million of regulatory assets for 914 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 23 other states.

Dewaay Advisory provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Dewaay Advisory: assets under management

The assets under management (AUM) of Dewaay Advisory, LLC is $114.87 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 16% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $114.87 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $125.68 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dewaay Advisory, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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 Dewaay Advisory, LLC

Matthew Gerard Stahr has been acting as President since 1 Jan 2011. Michelle Renee Timm joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Dfn Partners	Owner	1 Jun 2006	75% - 100%	20-8336040
Patricia Elaine Cox	Chief compliance officer	1 Jun 2007	Other	2392817
Robert Morris Young	Managing member	1 Jun 2007	Other	501297
Charles Darcy Wiegert	Chief compliance officer	1 Oct 2007	Other	2157426
Matthew David Friedrichsen	Operations manager	1 Feb 2009	Other	4027806
Donald Gene Dewaay	Chairman & president	1 Mar 2010	75% - 100%	1297174
Matthew David Friedrichsen	Operations manager	1 May 2010	Other	4027806
Frederick John Vetter	Chief compliance officer	1 May 2010	Other	2155203
Matthew Gerard Stahr	Vice president, chief marketing officer	1 Jul 2010	Other	2689806
Norman Sue	General counsel, chief compliance officer	1 Aug 2010	Other	5291227
Matthew Gerard Stahr	President	1 Jan 2011	Other	2689806
Matthew David Friedrichsen	Vice president & director of operations	1 Jan 2011	Other	4027806
Michelle Renee Timm	Chief compliance officer	1 Jan 2012	Other	5010490

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Donald Gene Dewaay	Managing member	1 Mar 2007	Other	1297174

Based in Clive

The principal office where Dewaay Advisory, LLC performs its advisory services is located at 13001 University Avenue, Clive, IA 50325, which is also the mailing address of the firm. An additional office of the firm is in Frisco, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 515-273-1300 or by fax 515-273-1399. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday.