D.B. Fitzpatrick & Co., Inc. (Boise)

Name: D.B. Fitzpatrick & Co., Inc.
Address: 800 W Main Street, Boise, ID, 83702 5778
Telephone: 208-342-2280

D.B. Fitzpatrick & Co., Inc. is a large advisory firm based in Boise. It manages $458.22 million of regulatory assets for 186 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Idaho, Nebraska, Oregon, Texas, and Washington.

D.B. Fitzpatrick & Co. provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as commercial mortgage lending, and loan servicing.

D.B. Fitzpatrick & Co.: assets under management

The assets under management (AUM) of D.B. Fitzpatrick & Co., Inc. is $458.22 million. The firm's AUM has gone down by -27% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $456.47 million in discretionary accounts and $1.75 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.47 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.75 million.

Investments

The firm invests in government bonds the most. They account for 76% of the total AUM. The second-largest asset type is investment and business development companies, which make up 8% of the firm’s portfolio. Investments in exchange traded securities form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay D.B. Fitzpatrick & Co., Inc. 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 Brandon Craig Fitzpatrick serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Brandon Craig Fitzpatrick is corporations or other businesses with 5 clients and $142.29 million of assets under management. Among the 12 most similar advisory firms, D.B. Fitzpatrick & Co. has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $212.71 million for 106 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.

D.B. Fitzpatrick & Co. doesn't advise any private funds.

Careers at D.B. Fitzpatrick & Co., Inc.

The company employs 12 people that are either part- or full-time employees. 58 percent of the employees work as investment advisers or researchers. 3 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.

Brandon Craig Fitzpatrick has been acting as President since 1 Aug 2012. Terri Lynne Christensen joined the executive team most recently as the Chief Compliance Officer/Vp Of Operations/Principal.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dennis Bernard Fitzpatrick	Chief executive officer/principal	1 Jul 1984	50% - 75%	4548322
Dennis Bernard Fitzpatrick	Chairman & ceo	1 Oct 1984	50% - 75%	4548322
Brian Mcgrath	Executive vice president	1 Mar 1988	Other	2707117
Brian Mcgrath	Executive vice president/principal	1 Oct 1988	Other	2707117
Brandon Craig Fitzpatrick	Owner	1 Oct 2000	Other	4616843
Terri Lynne Christensen	Vp of operations	1 Nov 2002	Other	4616838
Parke Edwin Blundon	Chief compliance officer	1 Nov 2004	Other	4916953
Kevin Alan Jones	Sr. portfolio manager & principal	1 Jan 2006	Other	1808087
Terri Lynne Christensen	Chief compliance officer/vp of operations/principal	1 Sep 2006	Other	4616838
Cody Bill Barney	Portfolio manager/principal	1 Sep 2006	Other	5253303
Brandon Craig Fitzpatrick	Portfolio manager/economist/principal	1 Dec 2010	Other	4616843
Brandon Craig Fitzpatrick	Portfolio manager/economist	1 Mar 2011	Other	4616843
Brandon Craig Fitzpatrick	President/coo/principal	1 Aug 2012	25% - 50%	4616843
Dennis Bernard Fitzpatrick	Chairman/ceo/principal	1 Aug 2012	50% - 75%	4548322
Brandon Craig Fitzpatrick	Chief executive officer/principal	1 Jul 2019	25% - 50%	4616843

Based in Boise

The principal office where D.B. Fitzpatrick & Co., Inc. performs its advisory services is located at 800 W Main Street, Boise, ID 83702 5778, 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 208-342-2280 or by fax 208-342-2448. The normal business hours are 7:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at dbfitzpatrick.com.