Dorman Financial Management, P.A. (Maitland)

Name: Dorman Financial Management, P.A.
Address: 341 N. Maitland Avenue, Maitland, FL, 32751
Telephone: 407-774-6815

Dorman Financial Management, P.A. is a large advisory firm based in Maitland. It manages $132.87 million of regulatory assets for 826 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Florida, Louisiana, New York, North Carolina, and Texas.

Dorman Financial Management, P.A provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, 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.

Dorman Financial Management, P.A: assets under management

The assets under management (AUM) of Dorman Financial Management, P.A. is $132.87 million. The firm's AUM has grown by 77% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $131.33 million in discretionary accounts and $1.54 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $159.96 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $308.18 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 76% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 15% of the firm’s portfolio. Investments in exchange traded securities form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dorman Financial Management, P.A. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients James Brooks Dorman serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of James Brooks Dorman is high net worth individuals with 52 clients and $70.09 million of assets under management. Among the 9 most similar advisory firms, Dorman Financial Management, P.A has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $131.57 million for 329 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.

Dorman Financial Management, P.A doesn't advise any private funds.

Careers at Dorman Financial Management, P.A.

The company employs 6 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.

James Brooks Dorman has been acting as President since 1 Jan 2002. Lori Anne Canfield joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Brooks Dorman	President/cco	1 Jan 2002	75% - 100%	2842570
Pamela Lynn Yochum	Chief compliance officer	1 Jun 2006	Other	2074912
Lisa Marie Michaelson	Chief compliance officer	1 Jun 2006	Other	2879167
Lori Anne Canfield	Chief compliance officer	1 May 2010	Other	2326003

Based in Maitland

The principal office where Dorman Financial Management, P.A. performs its advisory services is located at 341 N. Maitland Avenue, Maitland, FL 32751, 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 407-774-6815 or by fax 407-645-1484. The normal business hours are 8:30 a.m. - 5:00 p.m. on Other. You can find more information about the New York firm at dormanfinancial.com/.