DMKC Advisory Services, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$522,727,297
Clients
473
Advisors
6
of 13 employees
About
DMKC Advisory Services, LLC provides fee-based investment advisory and financial planning to individuals (including high‑net‑worth clients), as well as corporations, businesses and charitable organizations, managing approximately $902.5 million for about 473 clients through a six‑advisor team. Services include ongoing portfolio management delivered on discretionary and non‑discretionary bases via the firm’s managed platforms (Atlas and Anchor) and separately managed strategies, together with financial planning and implementation support.
The firm generally pursues a long‑term buy‑and‑hold approach grounded in fundamental analysis, constructing diversified portfolios using no‑load mutual funds, ETFs, equities and fixed income and employing model allocations in the Anchor program or more customized strategies in Atlas. DMKC may delegate portions of portfolios to third‑party managers and reviews managers based on performance, cost, philosophy, compliance controls and other factors, while accommodating client‑specific needs such as legacy holdings, tax considerations and reasonable investment restrictions.
A distinctive feature of DMKC is its affiliation and common ownership with D.M. Kelly & Company, an affiliated broker‑dealer, and the firm’s requirement that clients using Atlas, Anchor or separately managed strategies transact through that affiliated broker‑dealer with clearing and custody through Wells Fargo Clearing Services — an arrangement that is uncommon among peer team firms and that the brochure identifies as creating potential conflicts of interest. The firm’s disclosures describe controls and client options to address those conflicts, including prior consent and disclosure for principal trades, a Code of Ethics, the ability for clients to request client‑directed brokerage (with limitations), and an annual surprise custody examination.
Client services
Expertise
Fee options
$0 - $150,000: Not explicitly stated, fees are tiered and negotiated but exact tiers not detailed $150,000+: Up to 1.50%, tiered and negotiated fees
Certain Advisors may offer insurance products under commission arrangements as licensed insurance agents
Hourly financial planning or advisory services at $195 per hour for principals, lesser rates for paraprofessionals and administrative associates
Account minimum: $50,000 Minimum fee: Atlas: $1,000 annually; Anchor: $200 annually; Separately managed investment strategies: $1,000 annually Fee-only: Financial planning fees range $250 to $5,000 depending on complexity; Hourly fees at $195 per hour for principals, lesser rates for others
Main office
3900 Ingersoll Avenue, Suite 300
Des Moines IA 50312
Advisors at this office
6
Most active in
Arizona · California · Colorado · Florida · Georgia · Idaho · Illinois · Iowa · Kansas · Michigan · Minnesota · Missouri · Montana · Nebraska · Ohio · South Dakota · Texas · Washington
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
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Advisors at this firm
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