Dean Roland Russell, LLC (San Diego)


Dean Roland Russell, LLC is a large advisory firm based in San Diego. It manages $248.53 million of regulatory assets for 574 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California and Texas.

Dean Roland Russell provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Dean Roland Russell: assets under management

The assets under management (AUM) of Dean Roland Russell, LLC is $248.53 million. The firm's AUM has grown by 147% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $246.47 million in discretionary accounts and $2.06 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $430.13 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.06 million.

Investments

The firm invests in investment and business development companies the most. They account for 75% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio. Investments in non-exchange traded securities form 5% of the total invested assets.

Fees & Commissions

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

What kind of clients Dean Roland Russell serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Dean Roland Russell is high net worth individuals with 107 clients and $230.52 million of assets under management. Among the 9 most similar advisory firms, Dean Roland Russell has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $248.53 million for 159 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.

Dean Roland Russell doesn't advise any private funds.

Careers at Dean Roland Russell, LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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
Mary Katherine Dean Managing member 1 Jan 2012 50% - 75% 1847373
Marc Robert Roland Managing member, chief compliance officer 1 Jan 2012 Other 4156680
Andrew Charles Russell Managing member 1 Jan 2012 Other 4046929

Based in San Diego

The principal office where Dean Roland Russell, LLC performs its advisory services is located at 10815 Rancho Bernardo Road, Suite 230, San Diego, CA 92127, 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 858-485-8547 or by fax 858-485-8577. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at drrwealth.com.