Shine Investment Advisory Services, Inc. (Lone Tree)


Shine Investment Advisory Services, Inc. is a large advisory firm based in Lone Tree. It manages $593.62 million of regulatory assets for 1,462 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, Colorado, Florida, and 4 other states.

Shine Investment Advisory Services provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Shine Investment Advisory Services: assets under management

The assets under management (AUM) of Shine Investment Advisory Services, Inc. is $593.62 million. The firm's AUM has grown by 192% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $586.54 million in discretionary accounts and $7.08 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $448.43 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $45.98 thousand.
Shine Investment Advisory Services has custody of $586.54 million in cash and securities for 1,308 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 62% of the total AUM. The second-largest asset type is exchange traded securities, which make up 36% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Shine Investment Advisory Services, Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Dale Moroni Gibbons serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Dale Moroni Gibbons is high net worth individuals with 185 clients and $535.2 million of assets under management. Among the 12 most similar advisory firms, Shine Investment Advisory Services has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $593.62 million for 323 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.

Shine Investment Advisory Services doesn't advise any private funds.

Careers at Shine Investment Advisory Services, Inc.

The company employs 7 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 6 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.

Dale Moroni Gibbons has been acting as President since 1 Aug 2007. Beth Frances Cornell joined the executive team most recently as the Cco, Principal.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Judith Ann Shine President, director 1 Oct 1995 75% - 100% 1533112
Janet Hurly White Principal 1 Oct 2004 Other 4532039
Western Alliance Bancorporation Parent company 1 Aug 2007 75% - 100% 88-0365922
Dennis Harrison Miller Managing director 1 Aug 2007 Other 2581097
Dale Moroni Gibbons Director 1 Aug 2007 Other 4797841
Mark Allan Dreschler Director 1 Aug 2007 Other 4797843
Sandra Eve Director 1 Aug 2007 Other 1275244
Jessica Lynn Jarvi Director 1 Nov 2010 Other 5521322
Karen K. Salvatore Principal 1 Oct 2013 Other 5094497
Beth Frances Cornell Cco, principal 1 Jan 2018 Other 3014827

Based in Lone Tree

The principal office where Shine Investment Advisory Services, Inc. performs its advisory services is located at 9892 Rosemont Ave. Suite #100, Lone Tree, CO 80124 4101, 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 303-740-8600 or by fax 303-290-0237. The normal business hours are 8:30am-5:00pm on Monday - Friday. You can find more information about the New York firm at shineinvestments.com/ and its LinkedIn profile.

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