Dwm Asset Management, LLC (Stamford)


Dwm Asset Management, LLC is a large advisory firm based in Stamford. It manages $427.02 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2007.

Dwm Asset Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dwm Asset Management: assets under management

The assets under management (AUM) of Dwm Asset Management, LLC is $427.02 million. The firm's AUM has gone down by -33% since the beginning of its operation, and $427.02 million of the total AUM is attributable to clients outside of the United States.

The firm manages $66.14 million in discretionary accounts and $360.87 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $33.07 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $51.55 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dwm Asset Management, LLC 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 Dwm Asset Management serves?

The only and largest group of clients of Dwm Asset Management is pooled investment vehicles with 9 clients and $427.02 million of assets under management. Among the 10 most similar advisory firms, Dwm Asset Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $427.02 million for 9 clients. 100% of the firm’s clients are foreign persons or businesses.

Dwm Asset Management also advises several private funds. Namely, one other private fund and two private equity funds. The minimum investment commitment required of non-related persons ranges from $184,351 to $1,000,000.

Careers at Dwm Asset Management, LLC

The company employs 23 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people 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
Peter Hallock Johnson Partner, manager (relying adviser) 1 Oct 2006 Other 4920382
J Bradley Swanson Partner 1 Oct 2006 Other 1683822
Judy L. Kirst Kolkman Chief compliance officer 1 Oct 2006 25% - 50% 4920320
Judy Lynn Kirst Kolkman Chief compliance officer 1 Oct 2006 25% - 50% 4920320
Llc Dwm Holdings Member, parent (relying adviser) 1 Dec 2007 75% - 100% 41-2267726
James Chris Kaddaras Partner 1 Jan 2008 Other 5294377
Llc Developing World Finance Parent (relying adviser) 1 Apr 2008 75% - 100% 20-2054236
Edward Adger Marshall Chief compliance officer 1 Sep 2010 Other 5844570

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Llc Dwm Holdings Parent 1 Dec 2004 75% - 100% 41-2267726
Peter Hallock Johnson Member 1 Dec 2007 50% - 75% 4920382
J Bradley Swanson Member 1 Dec 2007 25% - 50% 1683822
Judy Lynn Kirst Kolkman Member 1 Dec 2007 25% - 50% 4920320

Based in Stamford

The principal office where Dwm Asset Management, LLC performs its advisory services is located at 750 Washington Boulevard, Stamford, CT 06901 3702, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-655-5453 or by fax 203-656-9528. The normal business hours are 9:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at dwmarkets.com.