Drh Investments, Inc. (Los Angeles)

Name: Drh Investments, Inc.
Address: 12100 Wilshire Blvd., Los Angeles, CA, 90025
Telephone: (310) 826-1740

Drh Investments, Inc. is a large advisory firm based in Los Angeles. It manages $149.25 million of regulatory assets for 234 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California and Texas.

Drh Investments provides portfolio management for individuals and small businesses 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.

Drh Investments: assets under management

The assets under management (AUM) of Drh Investments, Inc. is $149.25 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 18% since the beginning of its operation, and $1.02 million of the total AUM is attributable to clients outside of the United States.

The firm manages $149.25 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $637.82 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 61% of the total AUM. The second-largest asset type is state and local bonds, which make up 15% of the firm’s portfolio. Investments in government bonds form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Drh Investments, Inc. 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 David R Hansen serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of David R Hansen is high net worth individuals with 61 clients and $139.61 million of assets under management. Among the 12 most similar advisory firms, Drh Investments has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $147.59 million for 90 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Drh Investments doesn't advise any private funds.

Careers at Drh Investments, Inc.

The company employs 4 people that are either part- or full-time employees. 50 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.

David R Hansen has been acting as President since 1 May 2006. Jon M Wieman joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David R Hansen	President	1 May 2006	75% - 100%	5210273
Scott J Wood	Vice president	1 May 2013	Other	2424216
Jon M Wieman	Chief compliance officer	1 Aug 2018	Other	6936458

Based in Los Angeles

The principal office where Drh Investments, Inc. performs its advisory services is located at 12100 Wilshire Blvd., Los Angeles, CA 90025, 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 (310) 826-1740 or by fax (310) 826-1738. The normal business hours are 6:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at drhinvestments.com.