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Demming Financial Services Corp.

Updated today

Client assets under management

$673,834,401

Clients

751

29% high-net worth

Advisors

5

of 11 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

150

Very High

Average account size

$897,250

About

Demming Financial Services Corporation provides financial planning, consulting and investment management to individuals (including both non-high-net-worth and high-net-worth clients), as well as trusts, estates, pension and business entities. As of September 2025 the firm manages approximately $675.7 million on a discretionary basis for roughly 751 client accounts and offers services such as retirement and estate planning, executive compensation review, elder planning and risk/insurance analysis.

The firm’s investment process emphasizes fundamental analysis and typically allocates client assets among independent managers, mutual funds, ETFs and individual securities, with client objectives documented in an Investment Policy Statement and accounts reviewed at least quarterly. DFSC also advises on assets held outside a primary custodian (for example, variable insurance contracts and employer-sponsored plans) and may recommend privately placed securities to accredited investors while retaining ongoing oversight of designated Independent Managers.

Noteworthy aspects include a long operating history (established 1981) and a substantial asset base managed by a five-advisor team, with no stated account minimum and flexible planning and advisory fee arrangements. The brochure also discloses that certain supervised persons are licensed insurance agents who may receive commissions for insurance sales, and that DFSC does not vote client proxies (clients receive proxies directly).

Client services

Financial planning Portfolio management Selection of other advisers

Expertise

Elder care planning Charitable giving & philanthropy

Fee options

Fixed

$500 to $1,500 fixed fee for financial planning/consulting services

Percentage

$0 - $2,500,000: 0.85% annually $2,500,001 - $5,000,000: 0.75% annually $5,000,001 - $7,500,000: 0.50% annually $7,500,001+: Negotiable

Commissions

Certain Supervised Persons offer insurance products under a separate commission arrangement.

Project-based

$50 to $200 per hour

Other

Account minimum: No stated minimum account requirement

Main office location

Demming Financial Services Corp.

13 New Hudson Road

Aurora OH 44202, United States

Number of offices

1

Most active in

Arizona · California · Florida · Georgia · Illinois · Michigan · New Hampshire · North Carolina · Ohio · Pennsylvania · South Carolina · Texas · Virginia · Washington

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

David D

CFP®, Series 66

Auroara, OH

Demming Financial Services Corp.

David Demming is a CFP® professional with 22 years of industry experience. He has been with Demming Financial Services Corp. since 2002 and holds a Series 66 designation. Demming Financial Services Corp. provides financial planning, consulting, and investment management to individuals, trusts, estates, pension plans, and business entities. The firm manages approximately $675.7 million on a discretionary basis and uses a fundamental analysis approach, allocating assets among independent managers, mutual funds, ETFs, and individual securities with documented client objectives and regular account reviews.

Elder care planning Charitable giving & philanthropy
user avatar

Jacob S

CFP®, Series 65

Aurora, OH

Demming Financial Services Corp.

Jacob Smail is a CFP® and holds a Series 65 license with three years of industry experience. He has been with Demming Financial Services Corp. since 2021. Prior to his current role, he worked at Saint Vincent College and Best Buy. Demming Financial Services Corporation provides financial planning, consulting, and investment management to individuals, trusts, estates, pension, and business entities. The firm manages approximately $675.7 million on a discretionary basis and emphasizes fundamental analysis with diversified asset allocations tailored to client objectives.

Elder care planning Charitable giving & philanthropy
user avatar

Kevin C

CFP®

Aurora, OH

Demming Financial Services Corp.

Kevin Coholan is a CFP® professional with eight years of industry experience, currently serving at Demming Financial Services Corp. in Aurora, Ohio. He has been with Demming Financial Services Corp. since 2014. Demming Financial Services Corporation provides financial planning, consulting, and investment management to individuals, trusts, estates, pension plans, and business entities. The firm manages approximately $675.7 million on a discretionary basis and employs a fundamental analysis investment approach that includes independent managers, mutual funds, ETFs, and individual securities, with client accounts reviewed at least quarterly.

Elder care planning Charitable giving & philanthropy
user avatar

David D

CFP®, Series 63

Aurora, OH

Demming Financial Services Corp.

David Demming is a CFP® with 26 years of industry experience. He has been with Demming Financial Services Corp. since 1979 and has coordinated Capital Securities, Inc. since 1987. In addition to his advisory role, he is an independent insurance agent selling life, long-term care, and disability insurance, and he also works as a loan originator introducing clients to mortgage brokers. Demming Financial Services Corporation provides financial planning, consulting, and investment management to individuals, trusts, estates, pension, and business entities. The firm manages approximately $675.7 million on a discretionary basis and emphasizes fundamental analysis with diversified asset allocations tailored to client objectives.

Elder care planning Charitable giving & philanthropy
user avatar

Ryan C

Series 66

Aurora, OH

Demming Financial Services Corp.

Ryan Coulter is a financial advisor at Demming Financial Services Corp. in Aurora, OH, holding a Series 66 designation with five years of industry experience. His prior roles include positions at Lincoln Financial Corporation, Lincoln Financial Advisors, and Custom Planning Solutions, LLC. Demming Financial Services Corporation provides financial planning, consulting, and investment management to individuals, trusts, estates, pension, and business entities. The firm manages approximately $675.7 million on a discretionary basis and employs a fundamental analysis approach with diversified asset allocations tailored to client objectives.

Elder care planning Charitable giving & philanthropy
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