Dorian Eason Asset Management, LLC (Memphis)

Dorian Eason Asset Management, LLC is a large advisory firm based in Memphis. It manages $331.05 million of regulatory assets for 174 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Tennessee.

Dorian Eason Asset Management 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.

Dorian Eason Asset Management: assets under management

The assets under management (AUM) of Dorian Eason Asset Management, LLC is $331.05 million. The firm's AUM has grown by 60091% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $327.35 million in discretionary accounts and $3.7 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.27 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $123.38 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 52% of the total AUM. The second-largest asset type is exchange traded securities, which make up 34% of the firm’s portfolio. Investments in pooled investment vehicles form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Dorian Eason Asset Management, LLC for their services and products based on a percentage of assets under management. 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 Dorian Eason Asset Management serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Dorian Eason Asset Management is pension and profit sharing plans with 10 clients and $265.08 million of assets under management. Among the 9 most similar advisory firms, Dorian Eason Asset Management has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $326.48 million for 142 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.

Dorian Eason Asset Management doesn't advise any private funds.

Careers at Dorian Eason Asset Management, LLC

The company employs 3 people that are either part- or full-time employees. 100 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Paul Thomas Dorian	Chief manager/chief compliance officer/managing member	1 Jun 2001	50% - 75%	2814857
Robert Green Lee Eason	Secretary/managing member	1 Jun 2001	50% - 75%	2814851

Based in Memphis

The principal office where Dorian Eason Asset Management, LLC performs its advisory services is located at 6800 Poplar Avenue, Memphis, TN 38138, 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 901-755-2075 or by fax 901-755-0565. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.