Dh Logix, LLC (Sarasota)

Name: Dh Logix, LLC
Address: 1000 S. Tamiami Trail, Sarasota, FL, 34236
Telephone: 941-724-8565

Dh Logix, LLC is a large advisory firm based in Sarasota. It manages $102.09 million of regulatory assets for 50 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida and Ohio.

Dh Logix provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for businesses and institutional clients. 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 Logix: assets under management

The assets under management (AUM) of Dh Logix, LLC is $102.09 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -42% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $102.09 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.04 million each.

Investments

The firm invests in exchange traded securities the most. They account for 82% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 18% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dh Logix, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Dh Logix serves?

The firm provides services to individuals, investment companies, and high net worth individuals. The largest group of clients of Dh Logix is investment companies with 1 clients and $88.58 million of assets under management. Among the 4 most similar advisory firms, Dh Logix has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $102.09 million for 50 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.

Dh Logix doesn't advise any private funds.

Careers at Dh Logix, LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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
Linda Susan Brown	Chief compliance officer	1 Mar 2017	Other	1371683
Gries Financial Llc	Member	1 Mar 2017	50% - 75%	110031
Day Hagan Asset Management	Member	1 Mar 2017	50% - 75%	139671
Arthur Stuart Day	Manager	1 Mar 2017	Other	1298928
Donald Lewis Hagan	Manager	1 Mar 2017	Other	1264262
Robert Joseph Herman	Manager	1 Mar 2017	Other	3132466
Jeffrey Hamilton Palmer	Manager	1 Mar 2017	Other	4375785

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey Hamilton Palmer	Member	1 Apr 1999	25% - 50%	4375785
Donald Lewis Hagan	Member	1 Sep 2004	25% - 50%	1264262
Arthur Stuart Day	Member	1 Apr 2006	25% - 50%	1298928
Edward Joseph Bell	Member	1 Oct 2010	25% - 50%	4375773
Robert Joseph Herman	Member	1 Apr 2012	25% - 50%	3132466

Based in Sarasota

The principal office where Dh Logix, LLC performs its advisory services is located at 1000 S. Tamiami Trail, Sarasota, FL 34236, which is also the mailing address of the firm. An additional office of the firm is in Cincinnati, OH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 941-724-8565 or by fax 941-684-0723. The normal business hours are 9 am - 5 pm est on Monday - Friday. You can find more information about the New York firm at dayhaganlogix.com.