Dunham

Broker-DealerFINRA MemberEst. 1985

Total AUM

$5.6B

Discretionary

$4.7B

84% of AUM

Accounts

13,155

Employees

Advisory reps

Brokerage reps

Firm details

Headquarters: San Diego, California
CRD number: 13162
Registered since: November 29, 1985
Website: www.dunham.com
Custodians: FIFTH THIRD SECURITIES, INC.
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: HNWI56.08%
Individuals35.04%
Investment Companies5.96%
Corporations / Businesses1.77%
Charitable Organizations0.68%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Dunham is a corporate independent broker-dealer that functions as both an adviser and a capital allocator for individual, family and institutional clients. The firm offers a mix of services including financial planning and portfolio management across individual and pooled structures, management for investment companies, and adviser-selection services. Its fee model combines percentage-of-AUM billing with fixed fees and performance-based arrangements, a structure that supports work with discretionary mandates and sponsored pooled vehicles. Dunham also has operational roles in private vehicle formation, acting as sponsor/GP or managing member in pooled investments. The firm does not identify as an active ESG investor in its disclosures.