Daniel Investment Associates, LLC is an investment advisory firm based in Santa Barbara, California, that has been in business since 2011. The firm provides personalized investment management services on a non-discretionary basis, meaning Daniel Investment Associates must notify clients and obtain their permission before making any trades in their accounts. The firm's investment philosophy heavily emphasizes strategic asset allocation, believing that asset allocation drives the vast majority of portfolio returns. When designing portfolios, Daniel Investment Associates evaluates mutual funds, exchange-traded funds, individual stocks, corporate debt, and municipal securities using a combination of fundamental analysis and technical factors. The firm primarily serves high-net-worth individuals who qualify as qualified clients or qualified purchasers, as well as foundations and charitable organizations. Daniel Investment Associates requires a minimum investment of $10,000,000 to establish a new account, though this minimum may be waived at the firm's discretion.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $5.0M | 1.00% |
| $5.0M - $10.0M | 0.80% |
| $10M+ | 0.40% |
Fees are paid quarterly in arrears and are negotiable. Fees take into account the aggregate number of portfolios under management with the firm.