Derbend Asset Management

CRD#124463
Investment Advisor Firm

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Overview

Derbend Asset Management operates as a financial advisor firm located in Peachtree City, Georgia. It has $192.6 million in total assets across 507 client accounts, placing it in the mid-tier of investment advisory firms in the country by assets under management (AUM). The company has a small group, including 4 financial advisors. Derbend Asset Management is not a registered broker-dealer, signifying that the company cannot buy and sell securities for its clients' and own accounts and instead has to go through a broker-dealer company to do so. Securities are defined as exchangable financial assets like bonds, options and equities.

Derbend Asset Management manages the majority of the company's client assets in a discretionary manner. Discretionary management means that transaction choices for the client's account are made by an investment advisor without needing the customer's approval. Derbend Asset Management also has three non-discretionary accounts totaling $1.3 million in AUM. Derbend Asset Management's typical account size is $379,935. The typical financial advisor at Derbend Asset Management manages about 127 client accounts.

The company's central office is located at 525 Clubhouse Drive, Peachtree City, Georgia 30269. The company is legally allowed to serve customers throughout a few states, including Florida, Georgia, Louisiana, Nebraska, Texas and Virginia.

Assets Under Management

$192.6 million

Number of Advisors

4

Disclosures

No

Office Location

525 Clubhouse Drive
Peachtree City, GA 30269

Derbend Asset Management by the Numbers

Total Assets Under Management

$192.6 million

National Average: $8.6 billion
Total Number of Employees

6

National Average: 64
Total Number of Accounts

507

National Average: 375,227
Average Account Size

$379.9 thousand

National Average: $23.0 thousand
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Fee Structure

Fees for financial advice depend on the financial services offered. However, fees charged by the firm typically consist of the following fee type: asset-based. The company does not participate in a wrap fee program, in which the company offers a bundle of services for a single fee.

Available

  • Offered by 69% of firms

    Percentage of Assets

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    This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

Unavailable

  • Find one of the 21% of firms that offer this fee type

    Hourly

    Show Explanation

    Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

  • Find one of the 1% of firms that offer this fee type

    Commissions

    Show Explanation

    Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

  • Find one of the 26% of firms that offer this fee type

    Performance-based

    Show Explanation

    Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

  • Find one of the 0% of firms that offer this fee type

    Subscription

    Show Explanation

    Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

  • Find one of the 32% of firms that offer this fee type

    Fixed

    Show Explanation

    Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

  • Find one of the 10% of firms that offer this fee type

    Other

    Show Explanation

    Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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Types of Clients

Derbend Asset Management provides services to retail investors, high net worth investors, pension plans and charitable organizations. Out of its 507 accounts, Derbend Asset Management's largest client group by number of accounts is retail investors, but it also serves 55 high-net-worth individuals. The SEC defines a high-net-worth individual as an investor 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 customers reside abroad.

  • High-Net-Worth Individuals* - 10.91%
  • Other Individuals - 86.71%
  • Corporations - 1.98%
  • Charitable Organizations - 0.4%

* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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Disclosures

Derbend Asset Management does not have any disclosures.

Please visit its Form ADV for more details.

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Financial Advisors at Derbend Asset Management

Preston Sharpe
Peachtree City, GA
Nathan Ellyson
Peachtree City, GA
Brian Chustz
Peachtree City, GA
Emmett Beard
Peachtree City, GA

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