Deighan Associates Inc (Bangor)

Name: Deighan Associates Inc
Address: 455 Harlow Street, Bangor, ME, 04401
Telephone: 207-990-1117

Deighan Associates Inc is a large advisory firm based in Bangor. It manages $167.71 million of regulatory assets for 624 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Maine, Massachusetts, New York, and Texas.

Deighan Associates provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Deighan Associates: assets under management

The assets under management (AUM) of Deighan Associates Inc is $167.71 million. The firm's AUM has grown by 212% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $163.64 million in discretionary accounts and $4.07 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $281.65 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $94.7 thousand.

Deighan Associates has custody of $153.9 million in cash and securities for 578 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 55% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 16% 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 Deighan Associates Inc 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 Jenifer Lynne Wilson serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Jenifer Lynne Wilson is high net worth individuals with 50 clients and $111.29 million of assets under management. Among the 7 most similar advisory firms, Deighan Associates has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $164.13 million for 210 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.

Deighan Associates doesn't advise any private funds.

Careers at Deighan Associates Inc

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 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.

Jenifer Lynne Wilson has been acting as President since 1 Jul 2012. Jenifer Lynne Butler has served as the Chief Investment Officer since 1 Jul 2012. Jean Marguerite Deighan joined the executive team most recently as the Ceo.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jean Marguerite Deighan	President	1 Aug 1994	75% - 100%	1649834
Jennifer Lynne Smith	Vice president	1 Aug 1994	Other	1935515
Jenifer Lynne Wilson Smith	Vice president	1 Aug 1994	Other	1935515
Jenifer Lynne Wilson	Vice president	1 Aug 1994	Other	1935515
Dawn Marie Bouchey	Operations manager/registered investment advisor representative	1 Jun 2000	Other	2854164
Dawn Marie Hanson	Operations manager/registered investment advisor representative	1 Jun 2000	Other	2854164
Dawn Marie Hanson	Cfp - portfolio manager	1 Feb 2002	Other	2854164
Lucie Elizabeth Estabrook	Vice president	1 Jun 2012	Other	5867388
Jean Marguerite Deighan	Ceo	1 Jul 2012	75% - 100%	1649834
Jenifer Lynne Wilson	President/chief operating officer/chief compliance officer	1 Jul 2012	Other	1935515
Jenifer Lynne Butler	President/chief investment officer/chief compliance officer	1 Jul 2012	25% - 50%	1935515

Based in Bangor

The principal office where Deighan Associates Inc performs its advisory services is located at 455 Harlow Street, Bangor, ME 04401, 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 207-990-1117 or by fax 207-990-1551. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at deighan.com.