Dunham & Associates Investment Counsel, INC.
Assets Under Management
$4.7B
Number of Clients
12,032
Number of Advisors
26
Average Client AUM
$394K
AUM per Advisor
$182.2M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Dunham & Associates Investment Counsel, Inc. (DAIC) offers two wrap programs: Standard and Custom Asset Allocation Programs. DAIC primarily uses its proprietary family of sub-advised mutual funds (Dunham Funds). DAIC selects Dunham Funds and determines asset allocations, adjusting them quarterly. Clients choose from core allocations or fund combinations based on their investment objectives. DAIC also offers the DunhamDC proprietary algorithm.
Fee Structure
DAIC charges a Program Fee of 0.25% of the average daily net asset value for both the Standard and Custom programs. Financial advisors may charge an additional Advisory Fee up to 2.0% annually. For the Custom Program, qualified clients may opt for a performance-based fee. Accounts below minimums ($5,000/$10,000 for Standard, $25,000/$50,000 for Custom) incur annual fees. Custodial fees may apply. DTC receives fees from banks participating in the Bank Program.
Areas of Practice
Location
6256 Greenwich Drive, Suite 550, San Diego, CA, 92122