Dgv Solutions LP (Minnetonka)

Dgv Solutions provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dgv Solutions: assets under management

The assets under management (AUM) of Dgv Solutions LP is $1.04 billion. The firm's AUM has grown by 736% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.04 billion in discretionary accounts and $7.18 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $147.97 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.59 million.

Dgv Solutions has custody of $854.78 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in government bonds the most. They account for 82% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 15% of the firm’s portfolio. Investments in derivatives form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dgv Solutions LP for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Dgv Solutions serves?

The firm provides services to charitable organizations and pooled investment vehicles. The largest group of clients of Dgv Solutions is pooled investment vehicles with 3 clients and $854.78 million of assets under management. Among the 9 most similar advisory firms, Dgv Solutions has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.04 billion for 9 clients. None of the firm’s clients are foreign persons or businesses.

Dgv Solutions also advises several private funds. Namely, three other private funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Dgv Solutions LP

The company employs 10 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. No 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

Indirect Owners

The SEC currently registers 1 indirect owner.

Based in Minnetonka

The principal office where Dgv Solutions LP performs its advisory services is located at 601 Carlson Parkway, Minnetonka, MN 55305, which is also the mailing address of the firm. An additional office of the firm is in Northbrook, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 612-843-4360. 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 dgvlp.com.

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