R.E. Dickinson Investment Advisors, LLC (Council Bluffs)

Name: R.E. Dickinson Investment Advisors, LLC
Address: 533 South Main Street, Council Bluffs, IA, 51503
Telephone: 712-256-4856

R.E. Dickinson Investment Advisors, LLC is a large advisory firm based in Council Bluffs. It manages $191.93 million of regulatory assets for 450 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Iowa, Nebraska, and Texas.

R.E. Dickinson Investment Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

R.E. Dickinson Investment Advisors: assets under management

The assets under management (AUM) of R.E. Dickinson Investment Advisors, LLC is $191.93 million. The firm's AUM has grown by 289% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $179.6 million in discretionary accounts and $12.33 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $428.64 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $397.74 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 53% of the total AUM. The second-largest asset type is exchange traded securities, which make up 32% of the firm’s portfolio. Investments in other assets form 9% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay R.E. Dickinson Investment Advisors, 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 R.E. Dickinson Investment Advisors serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of R.E. Dickinson Investment Advisors is individuals with 391 clients and $101.31 million of assets under management. Among the 12 most similar advisory firms, R.E. Dickinson Investment Advisors has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $191.93 million for 458 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.

R.E. Dickinson Investment Advisors doesn't advise any private funds.

Careers at R.E. Dickinson Investment Advisors, 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. 3 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Ron Eugene Dickinson	Managing member, chief compliance officer	1 Jan 2005	75% - 100%	2017390
Inc. Dickinson Holdings	Member	1 Jan 2005	75% - 100%	202106935
Inc. Piatkowski Holdings	Holding company	1 Jan 2018	Other	823841546

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Beverly M Dickinson	Vice president	1 Jan 2005	75% - 100%	4445573
David Lee Piatkowski	General partner	1 Jan 2018	Other	2768027

Based in Council Bluffs

The principal office where R.E. Dickinson Investment Advisors, LLC performs its advisory services is located at 533 South Main Street, Council Bluffs, IA 51503, 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 712-256-4856 or by fax 712-328-3139. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at dickinsoninvestments.com.