Downtown Investment Advisory (DIA) is a Registered Investment Advisory firm, formed in 2013, that provides customized investment management services as an alternative to the large wealth management firms. DIA specializes in creating custom portfolios of individual bonds and fixed income investments to achieve a desired yield target, utilizing the full range of bonds, from high yield to municipal. DIA also invests in stocks, with a focus on low-cost Index ETFs. DIA's investment expertise was developed over 20 years of institutional fixed income investing, and navigating through the crashes of 2001-2002 and 2008-2009. As an independent firm we do not have incentives to place clients in certain types of assets and we do not earn sales commissions. DIA has fiduciary obligations to all of its clients that many investment professionals, such as advisors at the large brokerage firms, are not required to provide.
DIA is licensed according to required securities regulations. DIA utilizes the services of Charles Schwab & Co., Inc. as a third party custodian, and currently manages over $70 million in assets for primarily high net worth individuals. Our clients open and control an account at Schwab in their own name, and DIA never takes custody of client accounts. Clients also have the option of opening their account at Interactive Brokers, another leading custodian.
DIA is licensed according to required securities regulations. DIA utilizes the services of Charles Schwab & Co., Inc. as a third party custodian, and currently manages over $70 million in assets for primarily high net worth individuals. Our clients open and control an account at Schwab in their own name, and DIA never takes custody of client accounts. Clients also have the option of opening their account at Interactive Brokers, another leading custodian.
