Dice Financial Investment Advisory, LLC (Mitchell)

Name: Dice Financial Investment Advisory, LLC
Address: 1716 N. Sanborn Blvd., Mitchell, SD, 57301
Telephone: 605-996-7171

Dice Financial Investment Advisory, LLC is a large advisory firm based in Mitchell. It manages $128.59 million of regulatory assets for 95 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of South Dakota.

Dice Financial Investment Advisory provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dice Financial Investment Advisory: assets under management

The assets under management (AUM) of Dice Financial Investment Advisory, LLC is $128.59 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dice Financial Investment Advisory, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Dice Financial Investment Advisory serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Dice Financial Investment Advisory is pension and profit sharing plans with 8 clients and $83.93 million of assets under management. Among the 9 most similar advisory firms, Dice Financial Investment Advisory has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $128.59 million for 63 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Dice Financial Investment Advisory doesn't advise any private funds.

Careers at Dice Financial Investment Advisory, LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Joel Dice	Owner/managing member/chief compliance officer	1 May 2019	75% - 100%	67204

Based in Mitchell

The principal office where Dice Financial Investment Advisory, LLC performs its advisory services is located at 1716 N. Sanborn Blvd., Mitchell, SD 57301 The mailing address of the firm is Po Box 790, Mitchell, SD 57301. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 605-996-7171 or by fax 605-996-1781. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at dicefinancial.com/.