Diversified Investment Strategies, LLC (Baton Rouge)

Name: Diversified Investment Strategies, LLC
Address: 11939 Bricksome Ave, Baton Rouge, LA, 70816
Telephone: 225-292-0687

Diversified Investment Strategies, LLC is a large advisory firm based in Baton Rouge. It manages $138.26 million of regulatory assets for 204 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Florida, Louisiana, and 3 other states.

Diversified Investment Strategies provides portfolio management for individuals and small businesses, publication of newsletters, educational seminars and workshops, and educational videos/ webinars. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Diversified Investment Strategies: assets under management

The assets under management (AUM) of Diversified Investment Strategies, LLC is $138.26 million. The firm's AUM has grown by 440% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $120.62 million in discretionary accounts and $17.65 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $689.24 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $608.49 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 74% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 25% of the firm’s portfolio. Investments in state and local bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Diversified Investment Strategies, LLC for their services and products based on a percentage of assets under management and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Diversified Investment Strategies serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Diversified Investment Strategies is high net worth individuals with 52 clients and $80.16 million of assets under management. Among the 11 most similar advisory firms, Diversified Investment Strategies has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $138.05 million for 203 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.

Diversified Investment Strategies doesn't advise any private funds.

Careers at Diversified Investment Strategies, LLC

The company employs 7 people that are either part- or full-time employees. 71 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 don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Shane Joseph Haag	Member	1 Oct 2006	50% - 75%	2363899
James Lee Pope	Member/chief compliance officer	1 Oct 2006	50% - 75%	3181641
Shane Joseph Haag	Member/chief compliance officer	1 Feb 2011	50% - 75%	2363899
James Lee Pope	Member	1 Feb 2011	50% - 75%	3181641

Based in Baton Rouge

The principal office where Diversified Investment Strategies, LLC performs its advisory services is located at 11939 Bricksome Ave, Baton Rouge, LA 70816, which is also the mailing address of the firm. An additional office of the firm is in Lafayette, LA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 225-292-0687 or by fax 225-292-0006. The normal business hours are 8:30 am to 3:30 pm on Monday - Friday. You can find more information about the New York firm at disria.com and its LinkedIn profile.