Dumaine Investments LLC
Assets Under Management
$204.1M
Number of Clients
141
Number of Advisors
2
Average Client AUM
$1.4M
AUM per Advisor
$102.0M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Dumaine Investments LLC provides tailored investment advice to meet client objectives. Services include discretionary and non-discretionary investment management, wealth advisory for accredited clients (private placements), and financial consulting on various topics. They advise on a range of investments including ETFs, REITs and private placements.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.15% |
| $1.0M - $3.0M | 0.70% |
| $3M+ | 0.40% |
Fees are negotiable depending on individual client circumstances. Account values of family members may be combined to determine the applicable advisory fee.
Fee Estimator
Portfolio management fees are based on a percentage of assets under management, billed quarterly in advance. Wealth advisory fees for private placements range from 0.70% to 1.85% initially and 0.15% to 0.70% ongoing. Financial consulting fees are fixed, ranging from $5,000 to $100,000, or $300/hour. A minimum of $500,000 is generally required to open an advisory account, but this may be waived.
Areas of Practice
Location
650 Poydras Street, Suite 1010, New Orleans, LA, 70130-6101