Dragon Financial And Investment Group, LLC (San Mateo)

Name: Dragon Financial And Investment Group, LLC
Address: 1700 S. El Camino Real, San Mateo, CA, 94402
Telephone: 650-571-8888

Dragon Financial And Investment Group, LLC is a large advisory firm based in San Mateo. It manages $112.3 million of regulatory assets for 621 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California and Texas.

Dragon Financial And Investment Group provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Dragon Financial And Investment Group: assets under management

The assets under management (AUM) of Dragon Financial And Investment Group, LLC is $112.3 million. The firm's AUM has gone down by -16% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $110.2 million in discretionary accounts and $2.1 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $180.36 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $210 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 81% of the total AUM. The second-largest asset type is investment and business development companies, which make up 16% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dragon Financial And Investment Group, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Dragon Financial And Investment Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Dragon Financial And Investment Group is individuals with 241 clients and $67 million of assets under management. Among the 11 most similar advisory firms, Dragon Financial And Investment Group has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $112.3 million for 268 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.

Dragon Financial And Investment Group doesn't advise any private funds.

Careers at Dragon Financial And Investment Group, LLC

The company employs 7 people that are either part- or full-time employees. 43 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Nathan Michael Dingler	Chief compliance officer	1 Apr 2010	Other	5786976
Llc Dragon Global Services	Managing member	1 Jan 2015	75% - 100%	61-1754651
Joseph Mah	Chief compliance officer	1 Aug 2015	Other	6301786
Llc Dragon Global Services	Managing member	1 Nov 2015	75% - 100%	61-1754651
Mercer Advisors Inc.	Parent company	1 Dec 2018	75% - 100%	262459836

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Walter Rae Chao	Managing member	1 Jan 2015	75% - 100%	4665787
Inc. Gc Waves Holdings	Parent company to mercer advisors inc.	1 Mar 2015	75% - 100%	473602522
Marie Yip Chao	Manager and member	1 Nov 2015	75% - 100%	5575607
Joseph C Mah	Member	1 Nov 2015	Other	6301786
Alfred Ho Fai Au	Member	1 Nov 2015	Other	6213875
Marie Chao	Manager and member	1 Nov 2015	75% - 100%	5575607
Joseph Mah	Member	1 Nov 2015	Other	6301786
Alfred Au	Member	1 Nov 2015	Other	6213875

Based in San Mateo

The principal office where Dragon Financial And Investment Group, LLC performs its advisory services is located at 1700 S. El Camino Real, San Mateo, CA 94402, 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 650-571-8888 or by fax 650-345-0300. The normal business hours are 9am - 6pm on Monday - Friday. You can find more information about the New York firm at dragonfg.com.