Danison & Associates Inc (Columbus)

Danison & Associates Inc is a large advisory firm based in Columbus. It manages $403.19 million of regulatory assets for 169 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Ohio.

Danison & Associates provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Danison & Associates: assets under management

The assets under management (AUM) of Danison & Associates Inc is $403.19 million. The firm's AUM has grown by 51% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $47.9 million in discretionary accounts and $355.29 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $395.84 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $7.4 million.

Investments

The firm invests in investment and business development companies the most. They account for 55% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 20% of the firm’s portfolio. Investments in pooled investment vehicles form 17% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Danison & Associates Inc 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 Dean Frederick Danison serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Dean Frederick Danison is pension and profit sharing plans with 5 clients and $361.51 million of assets under management. Among the 10 most similar advisory firms, Danison & Associates has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $403.19 million for 99 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.

Danison & Associates doesn't advise any private funds.

Careers at Danison & Associates Inc

The company employs 3 people that are either part- or full-time employees. 67 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.

Dean Frederick Danison has been acting as President since 1 Aug 1997. Tracey Marie Danison joined the executive team most recently as the Vice President And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dean Frederick Danison	President	1 Aug 1997	75% - 100%	1312506
Tracey Marie Danison	Vice president and chief compliance officer	1 Aug 1997	Other	1940028
Tracey Marie Brand	Vice president	1 Aug 1997	Other	1940028

Based in Columbus

The principal office where Danison & Associates Inc performs its advisory services is located at 2152 Tremont Center, Columbus, OH 43221, 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 614-487-6040 or by fax 614-487-6043. The normal business hours are 8:30 a.m. - 5:00 on Monday - Friday.