Daniels D'amelio Investment Management Group, LLC (Jupiter)

Name: Daniels D'amelio Investment Management Group, LLC
Address: 155 North River Dr. East, Jupiter, FL, 33458
Telephone: 561-972-7797

Daniels D'amelio Investment Management Group, LLC is an adviser based in Jupiter. It manages $28.2 million of regulatory assets for 95 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Florida, Maine, Massachusetts, and New Hampshire.

Daniels D'amelio Investment Management Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Daniels D'amelio Investment Management Group: assets under management

The assets under management (AUM) of Daniels D'amelio Investment Management Group, LLC is $28.2 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $28.2 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $296.84 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 70% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 21% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Daniels D'amelio Investment Management Group, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Daniels D'amelio Investment Management Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Daniels D'amelio Investment Management Group is individuals with 42 clients and $20 million of assets under management. Among the 0 most similar advisory firms, Daniels D'amelio Investment Management Group has the 0th lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $28.2 million for 51 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.

Daniels D'amelio Investment Management Group doesn't advise any private funds.

Careers at Daniels D'amelio Investment Management Group, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
Donald Michael Daniels	Managing member & chief compliance officer	1 Apr 2019	75% - 100%	832589

Based in Jupiter

The principal office where Daniels D'amelio Investment Management Group, LLC performs its advisory services is located at 155 North River Dr. East, Jupiter, FL 33458, which is also the mailing address of the firm. An additional office of the firm is in Bridgton, ME. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 561-972-7797 or by fax 561-972-7733. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at danielsdamelioimg.com.