Dbx Advisors LLC (New York)

Name: Dbx Advisors LLC
Address: 345 Park Avenue, New York, NY, 10154
Telephone: 212-454-0238

Dbx Advisors LLC is a large advisory firm based in New York. It manages $10.69 billion of regulatory assets for 38 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Delaware and New York.

Dbx Advisors provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dbx Advisors: assets under management

The assets under management (AUM) of Dbx Advisors LLC is $10.69 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 24205% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $10.69 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $281.43 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Dbx Advisors LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Dbx Advisors serves?

The only and largest group of clients of Dbx Advisors is investment companies with 1 clients and $10.69 billion of assets under management. Among the 7 most similar advisory firms, Dbx Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $10.69 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.

Dbx Advisors doesn't advise any private funds.

Careers at Dbx Advisors LLC

The company employs 37 people that are either part- or full-time employees. 38 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.

Fiona Bassett has served as the Chief Investment Officer since 1 Oct 2014 and Fiona Teresa Bassett is the Chief Executive Officer of Dbx Advisors LLC family office. Luke Antony Oliver joined the executive team most recently as the Elected Manager / Chief Executive Officer / Chief Investment Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Db U.S. Financial Markets Holding Corporation	Member	1 Jun 2010	75% - 100%	13-3131103
Hans Christian Ephraimson Abt	Manager/chief executive officer	1 Jun 2010	Other	4962997
Michael Joseph Gilligan	Chief financial officer	1 Jun 2010	Other	2760911
Martin Yves Gerard Kremenstein	Manager/chief operating officer/chief investment officer	1 Jun 2010	Other	5237616
Alexis Nicholas Depetris	Manager/vice president	1 Jun 2010	Other	5586576
Luke Antony Oliver	Vice president	1 Jun 2010	Other	5731881
Frank Joseph Gecsedi	Chief compliance officer	1 Aug 2010	Other	2960525
Michael Joseph Gilligan	Manager/chief financial officer	1 Sep 2012	Other	2760911
Alexis Nicholas Depetris	Manager/chief orerating officer	1 Sep 2012	Other	5586576
Martin Yves Gerard Kremenstein	Manager/chief executive officer/chief investment officer	1 Sep 2012	Other	5237616
Fiona Bassett	Manager/chief executive officer/chief investment officer	1 Oct 2014	Other	6412342
Fiona Teresa Bassett	Elected manager/chief executive officer/chief investment officer	1 Oct 2014	Other	6412342
Freddi Klassen	Elected manager / chief operating officer	1 Nov 2016	Other	6734901
Deutsche Asset Management Usa Corporation	Direct owner	1 Nov 2016	75% - 100%	81-4622928
Leslie Lowenbraun	Chief legal officer	1 Jul 2017	Other	731568
Deutsche Asset Management Us Holding Corporation	Direct owner	1 Aug 2017	75% - 100%	82-2196192
Dws Usa Corporation	Direct owner	1 Aug 2017	75% - 100%	82-2196192
Luke Antony Oliver	Elected manager / chief executive officer / chief investment officer	1 Jul 2019	Other	5731881

Indirect Owners

The SEC currently registers 11 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Deutsche Bank Ag	Shareholder	1 May 1990	75% - 100%	13-2944988
Db Usa Corporation	Shareholder	1 Sep 2000	75% - 100%	13-4060471
Taunus Corporation	Shareholder	1 Sep 2000	75% - 100%	13-4060471
Deutsche Bank Ag	Shareholder	1 Nov 2016	75% - 100%	13-2944988
Db Usa Corporation	Shareholder	1 Nov 2016	75% - 100%	13-4060471
Deutsche Bank Americas Holding Corp.	Shareholder	1 Nov 2016	75% - 100%	13-3645372
Db Americas Holding Corporation	Shareholder	1 Nov 2016	75% - 100%	13-3645372
Deutsche Bank Asset Management Usa Corporation	Shareholder	1 Aug 2017	75% - 100%	81-4622928
Deutsche Bank Ag	Shareholder	1 Apr 2018	75% - 100%	13-2944988
Dws Group Gmbh & Co. Kgaa	Shareholder	1 Apr 2018	75% - 100%	foreign
Db Beteiligungs Holding Gmbh	Shareholder	1 Apr 2018	75% - 100%	foreign

Based in New York

The principal office where Dbx Advisors LLC performs its advisory services is located at 345 Park Avenue, New York, NY 10154, 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 212-454-0238. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at deutsche-etfs.com.