Santa Barbara, CA Office

Dunvegan Associates, Inc. is a small, independent wealth manager that provides continuous, discretionary portfolio management and wealth-planning services to individuals — including high-net-worth clients — and trusts. The firm develops client financial goals at an initial meeting and updates them through periodic reviews, and it does not participate in wrap-fee programs.

The firm applies a research-driven investment process combining fundamental and technical analysis and a global macro outlook to identify equity and fixed-income opportunities, emphasizing valuation, dividend yield, balance-sheet strength and appropriate duration. Dunvegan practices more active management and discretionary trading, with weekly account reviews led by its president to align market views with clients’ tax, liquidity and risk considerations.

Dunvegan is long-established (founded in 1974) and operates with a compact team centered on a long-tenured president who also serves as Chief Compliance Officer and personally reviews accounts, an arrangement that gives it a solo-practitioner operational character despite having multiple advisors. Unusually for firms of its size, it discloses a performance-based fee arrangement on at least one client account (managed under supervision by an outside, family-affiliated advisor), and it states policies against accepting sales-based third-party compensation and against ongoing soft-dollar arrangements.