Db&B Financial Services, LLC (Syracuse)


Db&B Financial Services, LLC is a large advisory firm based in Syracuse. It manages $107.14 million of regulatory assets for 522 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Florida and New York.

Db&B Financial Services provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Db&B Financial Services: assets under management

The assets under management (AUM) of Db&B Financial Services, LLC is $107.14 million. The firm's AUM has grown by 78% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $105.21 million in discretionary accounts and $1.93 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $218.28 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $48.31 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Db&B Financial Services, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in Syracuse

The principal office where Db&B Financial Services, LLC performs its advisory services is located at 443 North Franklin Street, Syracuse, NY 13204 1441, which is also the mailing address of the firm. An additional office of the firm is in Auburn, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 315-471-9171 or by fax 315-471-8555. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.dbandb.com.