DEMMING FINANCIAL SERVICES CORP.

RIASEC RegisteredEst. 2008
Total AUM
$676M
Discretionary
$676M
100% of AUM
Avg account
$209K
Accounts
3,228
Employees
11
Advisory reps
5

Firm details

Headquarters
AURORA, Ohio
CRD number
120106
Registered since
July 23, 2008
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI77.65%
  • Individuals22.07%
  • Pension & Profit Sharing Plans0.28%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Demming Financial Services Corp. is an independent, SEC-registered registered investment adviser that began reporting in 2008 and is owned by an individual. The firm serves both individual and family clients as well as institutional accounts, and it describes itself as a capital allocator that can select third‑party managers. Its advisory services include financial planning, portfolio management for individuals, small businesses and institutions, and the selection of other advisers. Fee arrangements are flexible and include percentage‑of‑AUM billing as well as hourly and fixed fees. Demming does not identify as an active ESG investor and is not a multistate or pension consultant adviser.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 98%, Exchange Traded Equities 2%98%
  • Public Funds/Mutual Funds98%
  • Exchange Traded Equities2%

Owners & executives

2 of 2
  • KEVIN COHOLAN

    Chief Compliance OfficerCRD 6874353

  • DAVID DEMMING

    Vice President, Chief Investment OfficerCRD 4642088

Contacts

3 of 3
  • DAVID DEMMING

    PresidentCRD 854343

  • Jacob Smail

    Financial Planning AssociateCRD 7692062

  • Ryan Coulter

    Financial Planning SpecialistCRD 6792198

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 16

Active vs passive

$128M in ETFs

Passive

<1%

$255K

Active

98%

$127M

ETFProviderStyleCategoryValueShares% of portfolio
DIMENSIONAL US CORE EQUITY 2 ETF (DFAC)DimensionalActiveLarge Blend$48.2M1,239,46437.76%

Location

Primary office

AURORA, OH

PORTAGE

Location

AURORA, OH

Headquartered in AURORA, OH, anchoring the Cleveland-Akron-Canton, OH metro in the Midwest.

Metro area
Cleveland-Akron-Canton, OH
Region
Midwest
County
PORTAGE
Address
13 New Hudson Rd
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth