Dean Investment Associates, LLC (Beavercreek)


Dean Investment Associates, LLC is a large advisory firm based in Beavercreek. It manages $794.82 million of regulatory assets for 519 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Florida, Illinois, and 13 other states.

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

Dean Investment Associates: assets under management

The assets under management (AUM) of Dean Investment Associates, LLC is $794.82 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 44% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $794.82 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.53 million each.
Dean Investment Associates has custody of $49.31 million in cash and securities for 60 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 68% of the total AUM. The second-largest asset type is government bonds, which make up 17% of the firm’s portfolio. Investments in investment grade corporate bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Dean Investment Associates, 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 Dennis Duane Dean serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Dennis Duane Dean is investment companies with 2 clients and $337.97 million of assets under management. Among the 10 most similar advisory firms, Dean Investment Associates has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $719.97 million for 378 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.

Dean Investment Associates doesn't advise any private funds.

Careers at Dean Investment Associates, LLC

The company employs 10 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 4 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 receive compensation from other entities for client referrals.

Dennis Duane Dean has been acting as President since 1 Nov 2003. Kevin Eric Laub has served as the Chief Investment Officer since 1 Oct 2006. Stephen Michael Miller joined the executive team most recently as the Elected Manager, President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Mark Edward Schutter Vice president-wealth management services 1 Apr 2000 Other 2813822
Stephen Michael Miller President/chief operating officer 1 Jun 2001 Other 2686150
Ronald Alan Best Vice president-corporate operations & human resources 1 Jun 2001 Other 2666771
Thomas Alfred Giles Vice president 1 Aug 2001 Other 1921212
Stephen Michael Miller President, ceo 1 Nov 2003 Other 2686150
Dennis Duane Dean Director 1 Nov 2003 Other 2488109
Inc. Dean C H & Associates Llc member 1 Nov 2003 75% - 100% 104635
Inc. Dean C H Llc member 1 Nov 2003 75% - 100% 31-0861689
Inc. C.H. Dean Llc member 1 Nov 2003 75% - 100% 31-0861689
Debra Elizabeth Rindler Secretary/treasurer 1 Jan 2004 Other 4420842
Mark Edward Schutter Executive vice president 1 Jan 2004 Other 2813822
Debra Elizabeth Rindler Secretary/treasurer/chief compliance officer 1 Oct 2005 Other 4420842
Kevin Eric Laub Chief investment officer 1 Oct 2006 Other 3091575
Ronald Alan Best Vice president of c.h. dean, llc (f/k/a c.h. dean, inc,) 1 Dec 2012 Other 2666771
Llc (F/K/A C.H. Dean Inc.) C.H. Dean Llc member 1 Dec 2012 75% - 100% 31-0861689
Llc C.H. Dean Llc member 1 Dec 2012 75% - 100% 31-0861689
Pamala Jane Miller Vice president, chief operating officer 1 Feb 2016 Other 6630129

Indirect Owners

The SEC currently registers 25 indirect owners.

Name Entity Date acquired Ownership Employer ID
Chauncey Harold Dean Trustee 1 Nov 1983 Other 2488110
Terence Maxwell Dean Trustee 1 Nov 1983 Other 2474923
Dennis Duane Dean Trustee 1 Nov 1983 Other 2488109
Chauncey Harold Dean Chairman emeritus 1 Jan 2001 50% - 75% 2488110
Dennis Duane Dean Ceo 1 Jan 2001 25% - 50% 2488109
Chauncey H. Dean Trust U/T/R/A Dated 11/29/83 Shareholder 1 Nov 2001 25% - 50% xxx-xx-xxxx
Chauncey H. Dean Trust Shareholder 1 Jan 2004 25% - 50% xxx-xx-xxxx
Dennis Duane Dean Trustee 1 Jan 2004 Other 2488109
Terence Maxwell Dean Trustee 1 Jan 2004 Other 2474923
Inc. C.H. Dean Companies Shareholder 1 Aug 2010 75% - 100% 27-3351448
Dennis Duane Dean Ceo 1 Aug 2010 25% - 50% 2488109
Chauncey H. Dean Trust U/T/R/A Dated 11/29/83 Shareholder 1 Aug 2010 25% - 50% xxx-xx-xxxx
Inc. The C.H. Dean Companies Shareholder 1 Aug 2010 75% - 100% 27-3351448
Stephen Michael Miller Trustee 1 Jun 2011 Other 2686150
Dennis Duane Dean Ceo 1 Dec 2012 50% - 75% 2488109
Terence Maxwell Dean Llc member 1 Dec 2012 25% - 50% 2474923
Llc (F/K/A The C.H. Dean Companies Inc.) The C.H. Dean Companies Llc member 1 Dec 2012 75% - 100% 27-3351448
Llc The C.H. Dean Companies Llc member 1 Dec 2012 75% - 100% 27-3351448
Dennis Duane Dean Trustee 1 Mar 2014 75% - 100% 2488109
Terence Maxwell Dean Trustee 1 Mar 2016 75% - 100% 2474923
2015 As Last Amended Terence M. Dean Revocable Trust U/A Dated December 2 Llc member 1 Mar 2016 25% - 50% xxx-xx-xxxx
2014 Dennis D. Dean 2014 Amended Revocable Trust Agreement Dated March 27 Llc member 1 Mar 2016 25% - 50% xxx-xx-xxxx
Terence M. Dean Revocable Trust Llc member 1 Mar 2016 25% - 50% xxx-xx-xxxx
Dennis D. Dean 2014 Amended Revocable Trust Llc member 1 Mar 2016 50% - 75% xxx-xx-xxxx
Stephen Michael Miller Elected manager, president 1 Mar 2017 Other 2686150

Based in Beavercreek

The principal office where Dean Investment Associates, LLC performs its advisory services is located at 3500 Pentagon Boulevard, Suite 200, Beavercreek, OH 45431, 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 937-222-9531 or by fax 937-227-9315. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at chdean.com.