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Dermody, Burke & Brown Financial Services, LLC (Syracuse)


Dermody, Burke & Brown Financial Services, LLC is a large advisory firm based in Syracuse. It manages $56.65 million of regulatory assets for 422 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

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Dermody, Burke & Brown Financial Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, pension consulting services, selection of other advisers, and market timing services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Dermody, Burke & Brown Financial Services: assets under management

The assets under management (AUM) of Dermody, Burke & Brown Financial Services, LLC is $56.65 million. The firm's AUM has grown by 21% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $45.29 million in discretionary accounts and $11.37 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $154.03 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $88.82 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dermody, Burke & Brown Financial Services, LLC for their services and products based on a percentage of assets under management, hourly charges, commissions, and performance-based 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.

Based in Syracuse

The principal office where Dermody, Burke & Brown Financial Services, LLC performs its advisory services is located at 115 East Jefferson Street Suite 302, Syracuse, NY 13202 2595, 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.


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