Newport, RI Office

Dock Street Asset Management provides discretionary portfolio management primarily for individuals (including high net worth clients), pension and trust accounts, tailoring portfolios to client objectives rather than offering broad financial planning services. The firm generally establishes relationships at a high minimum threshold and does not offer non‑discretionary management to new clients.

Portfolios are built from predefined core model allocations that are customized to each client's circumstances and monitored for ongoing rebalancing. Investment analysis draws on both fundamental and technical methods, and the firm may use long‑ and short‑term holdings, option writing, and margin loans (used to manage cash flow) as part of its implementation.

Distinctive features in the brochure include a materially large level of discretionary assets under management relative to the firm’s advisory resources and a principal’s role as managing member of affiliated private pooled investment vehicles (Manhattan Atlantic Partners IV and VI), for which clients are no longer solicited. The firm also discloses limited custody arrangements (fee deductions and standing letters of authorization) and the use of outside promoters who are compensated for client referrals.