Diversified Portfolios, Inc.

Diversified Portfolios, Inc. provides discretionary investment management and financial planning to individuals (including high‑net‑worth clients), pension and profit‑sharing plans, charitable organizations, corporations, and trusts. The firm’s services include ongoing portfolio management, wealth‑management recommendations, and ERISA plan advisory in either a 3(21) or 3(38) capacity, and it can manage held‑away retirement accounts via a third‑party platform for monitoring and rebalancing.

The firm’s investment approach emphasizes long‑term asset allocation, broad diversification, and use of low‑cost passive and enhanced index funds, with periodic rebalancing and trade oversight by its wealth advisors. Diversified Portfolios uses third‑party analytics — notably software from Dimensional Fund Advisors — to form asset allocations and produce hypothetical performance reports, and in 2025 began incorporating alternative strategies such as collateralized loan obligations and reinsurance‑linked securities into some client portfolios.

Noteworthy distinctions include the firm’s documented use and presentation of model or hypothetical performance generated with DFA tools, a practice that is relatively uncommon among multi‑team advisers, and its recent expansion into credit‑ and insurance‑linked alternative investments. The firm manages approximately $1.94 billion for about 660 clients through an 11‑advisor team and requires custody at Charles Schwab while offering options to link external accounts for oversight.