Dfg Investment Advisers, Inc. (New York)

Dfg Investment Advisers, Inc. is a large advisory firm based in New York. It manages $5.63 billion of regulatory assets for 24 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California and New York.

Dfg Investment Advisers provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, security ratings or pricing services, and consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dfg Investment Advisers: assets under management

The assets under management (AUM) of Dfg Investment Advisers, Inc. is $5.63 billion. The firm's AUM has grown by 472% since the beginning of its operation, and $5.51 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.54 billion in discretionary accounts and $96.24 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $291.38 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $19.25 million.

Dfg Investment Advisers has custody of $816.59 million in cash and securities for 9 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 84% of the total AUM. The second-largest asset type is other assets, which make up 16% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dfg Investment Advisers, Inc. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Philip Michael Darivoff serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Philip Michael Darivoff is pooled investment vehicles with 19 clients and $4.8 billion of assets under management. Among the 8 most similar advisory firms, Dfg Investment Advisers has the 4th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.63 billion for 24 clients. 79% of the firm’s clients are foreign persons or businesses.

Dfg Investment Advisers also advises several private funds. Namely, four hedge funds and ten other private funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $5,000,000.

Careers at Dfg Investment Advisers, Inc.

The company employs 26 people that are either part- or full-time employees. 73 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people 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.

Philip Michael Darivoff has been acting as President since 1 Oct 2013. L.P. Sente Strategic Master Fund joined the executive team most recently as the Member.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 34 indirect owners.

Based in New York

The principal office where Dfg Investment Advisers, Inc. performs its advisory services is located at 747 Third Avenue, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in Torrance, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-488-1544 or by fax 212-488-1546. The normal business hours are 8:30 am to 5 pm on Monday - Friday. You can find more information about the New York firm at dfgia.com.

Registered investment advisers similar to Dfg Investment Advisers, Inc.

• Manufacturers Adviser Corporation
• Picton Mahoney Asset Management
• Securis Investment Partners
• Trilogy Advisors
• Mill Creek Capital Advisors
• Waddell & Reed Asset Management
• Divco West Real Estate Services
• Vision2020 Wealth Management Corp
• Gramercy Funds Management
• Colonial First State Managed Infrastructure Limited
• Finisterre Capital
• Citigroup Investment Advisory Services
• Citigroup Investment Advisory Services
• Crawford Investment Counsel
• Emso Partners Limited