Dickinson Barnum Investment Management, LLC

Dickinson Barnum Investment Management, LLC is a state-registered adviser that provides continuous, active discretionary portfolio management and comprehensive financial planning primarily for individuals, including high-net-worth clients, as well as personal trusts and estates. The firm manages roughly $60 million for several hundred client relationships and typically charges asset-based advisory fees.

The firm’s investment process emphasizes fundamental analysis and a generally value-biased methodology, producing an investment policy statement and customized portfolios that may include individual equities, fixed income, mutual funds and ETFs, with ongoing monitoring and rebalancing. Dickinson Barnum also conducts manager selection and due diligence and, for certain qualified clients, may execute trades through Purshe Kaplan Sterling Investments (PKS) for assets custodied at Charles Schwab.

What is distinctive for a firm of this size is its ownership and affiliation structure and dual registrations: Dickinson Barnum is wholly owned by two related investment-management LLCs, and its advisory persons are also registered representatives of PKS and licensed insurance agents — arrangements the brochure discloses as potential sources of transaction-based compensation in those separate capacities. The firm maintains a written code of ethics and conflict-disclosure practices and combines a small, two-advisor operating model with a range of outside business activities that are disclosed in its ADV.