Dorman Financial Management, P.A
Answer a few questions and
get matched with an advisor.
Learn more about Dorman Financial Management, P.A
Overview
Dorman Financial Management, P.A is an advisory company based in Maitland, Florida. The company controls $143.2 million in assets under management across 799 accounts, making it a mid-tier firm in the United States by assets under management (AUM). Dorman Financial Management, P.A has a small team, including 3 financial advisors. Dorman Financial Management, P.A does not act as a registered broker-dealer, meaning the company cannot buy and sell securities for its clients' and own accounts and instead must go through a broker-dealer company to do so. Securities are exchangable fiscal investments such as equities, bonds and options.
Dorman Financial Management, P.A administers most of its accounts on a discretionary basis. Discretionary management means that a portfolio manager has the discretion to make transaction decisions without requiring client consent. The company also administers two non-discretionary accounts with a total of $997,487 in assets under management. The advisory firm supervises an average of $179,256 in assets for each account. The average financial advisor at Dorman Financial Management, P.A administers about 266 client accounts.
The firm's main office is at 557 N. Wymore Road, Maitland, Florida 32751. Dorman Financial Management, P.A is legally allowed to provide services to clients throughout 8 states, including Florida, Georgia, Louisiana, New Hampshire, New York, North Carolina, Tennessee and Texas.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Dorman Financial Management, P.A by the Numbers
$143.2 million
5
799
$179.3 thousand
Products and Services
Dorman Financial Management, P.A provides a variety of financial services, which can include financial planning services, portfolio management for individuals and small businesses and other services. In the prior financial year, the company provided financial planning services to 251-500 of its clients. Dorman Financial Management, P.A does not sell products or offer services other than investment advisory services to its investment advisory accounts. It also has a number of financial industry affiliations, including with an accountant or accounting firm.
Core Advisor Services
-
Offered by 31% of firms
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
-
Offered by 46% of firms
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
-
Find a firm that offers this service
Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
-
Find a firm that offers this service
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
-
Find a firm that offers this service
Publication of Periodicals
This is the publication of various financial education materials.
-
Find a firm that offers this service
Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Financial advisory fees typically depend on which services the firm provides the client. However, fee types charged by Dorman Financial Management, P.A may include any blend of the following fee types: asset-based or fixed. The company does not participate in a wrap fee program, in which the firm offers a bundle of services for a single fee.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 32% of firms
Fixed
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 26% of firms that offer this fee type
Performance-based
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 10% of firms that offer this fee type
Other
Types of Clients
It provides services to retail investors, high net worth investors and pension plans. Out of its 799 accounts, Dorman Financial Management, P.A's biggest client by number of accounts is retail investors, but it also caters to 49 high-net-worth individuals. The SEC defines a high-net-worth individual as a person who has at least $750,000 in AUM or a net worth of more than $1.50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the firm's clients reside abroad.
- High-Net-Worth Individuals* - 15.56%
- Other Individuals - 81.9%
- Corporations - 2.54%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Dorman Financial Management, P.A does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
Financial Advisors at Dorman Financial Management, P.A
Maitland, FL
Maitland, FL
Not sure which advisor is right for you? Use our matching tool
Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.