Dreher Investment Services, Inc. (San Angelo)

Name: Dreher Investment Services, Inc.
Address: 517 W. Twohig Avenue, San Angelo, TX, 76903
Telephone: 325-486-8600

Dreher Investment Services, Inc. is a large advisory firm based in San Angelo. It manages $115.64 million of regulatory assets for 290 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Texas.

Dreher Investment Services provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dreher Investment Services: assets under management

The assets under management (AUM) of Dreher Investment Services, Inc. is $115.64 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -10% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $115.64 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $398.76 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 30% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 27% of the firm’s portfolio. Investments in cash and cash equivalents form 17% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Dreher Investment Services, 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 Douglas Doyle Eakman serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Douglas Doyle Eakman is high net worth individuals with 41 clients and $71.24 million of assets under management. Among the 10 most similar advisory firms, Dreher Investment Services has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $102.16 million for 148 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.

Dreher Investment Services doesn't advise any private funds.

Careers at Dreher Investment Services, Inc.

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 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.

Douglas Doyle Eakman has been acting as President since 1 Feb 1997. Mary Ella Robertson joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Charles Dreher Robertson	President, ceo	1 Jan 1997	Other	705261
Douglas Doyle Eakman	Director	1 Feb 1997	Other	4430257
Kris (Nmn) Kallina	Shareholder	1 Mar 1997	Other	4430260
Frederick Harold Mueller	Shareholder	1 Sep 1997	Other	4430250
Margaret Lucille Martin	Shareholder	1 Apr 2000	Other	4430261
Terry Lee Bergeson	Shareholder	1 Feb 2001	Other	4430305
Ltd E.S. Mayer & Sons	Shareholder	1 Dec 2006	Other	75-2737585
Ryan Carl Hoerauf	Shareholder	1 Nov 2009	Other	5761114
Ladonna Ruth Wanoreck	Director	1 Dec 2013	Other	6311235
Kenneth Bruce Kidd	Director	1 Dec 2013	Other	6311237
Mary Ella Robertson	Chief compliance officer	1 Mar 2017	Other	6773090

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Stephen Kent Mayer	Trustee	1 Mar 1993	Other	4430287
Ernest Ralph Mayer	Trustee	1 Mar 1993	Other	5577241
Stephen K. Mayer Living Trust	Limited partner	1 Dec 1999	25% - 50%	xxx-xx-xxxx
Ernest And Carol Mayer Living Trust	Limited partner	1 Dec 1999	25% - 50%	xxx-xx-xxxx
Inc. T Half Circle Ranch	General partner	1 Aug 2005	Other	75-1113691

Based in San Angelo

The principal office where Dreher Investment Services, Inc. performs its advisory services is located at 517 W. Twohig Avenue, San Angelo, TX 76903, 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 325-486-8600 or by fax 325-486-8700. The normal business hours are 8:30-5:00 on Monday - Friday. You can find more information about the New York firm at dreherinvestmentservices.com.