D. M. Brenner provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 101–250 clients last fiscal year.
D. M. Brenner reports 137 clients. They include 69 individual clients, 55 high-net-worth individuals, and 9 pension and profit-sharing plans. Of its assets, 100.0% ($194M across 369 accounts) are managed with discretion. It advised 2 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 50% | 14% |
| High-net-worth individuals | 40% | 80% |
| Pension and profit-sharing plans | 7% | 5% |
| Corporations and other businesses | 3% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 69 | $27.5M | 14.2% | $398K |
| High-net-worth individuals | 55 | $156M | 80.4% | $2.83M |
| Pension and profit-sharing plans | 9 | $10.4M | 5.4% | $1.15M |
| Corporations and other businesses | Fewer than 5 | $68.3K | 0.0% | $17.1K |
| Total | 137 | $194M | 100% | — |
- Clients
- 69
- Regulatory AUM
- $27.5M
- AUM share
- 14.2%
- Avg. per client
- $398K
- Clients
- 55
- Regulatory AUM
- $156M
- AUM share
- 80.4%
- Avg. per client
- $2.83M
- Clients
- 9
- Regulatory AUM
- $10.4M
- AUM share
- 5.4%
- Avg. per client
- $1.15M
- Clients
- Fewer than 5
- Regulatory AUM
- $68.3K
- AUM share
- 0.0%
- Avg. per client
- $17.1K
Total
- Clients
- 137
- Regulatory AUM
- $194M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 2
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
D. M. Brenner is paid through a percentage of assets under management and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- On-going Financial Consulting
- Ongoing financial consulting is charged case by case and will not exceed $10,000 per year.
- One-time Financial Plan
- Stand-alone financial plans are charged on a flat basis, with one-time fees not to exceed $15,000.
- Qualified Plan Services
- Qualified plan services carry an advisory fee up to 1.5% of a participant's account, negotiable per plan agreement.
David Brenner owns 75% or more of D. M. Brenner. The leadership team of D. M. Brenner includes President David Brenner. It has 5 employees, 3 of them in advisory roles.
Leadership
David BrennerOwner/President/Chief Compliance Officer
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
Staff
- 5 employees
- 3 in advisory functions
- 4 state-registered reps
- 1 broker-dealer rep
- 2 insurance agents
- Owns 75% or more of D. M. Brenner, Inc.
David Brenner
Control person · since March 2004
D. M. Brenner’s regulatory assets grew 1.5× from $128M (March 2021) to $194M (March 2026); clients fell from 147 to 137 and employees were 5 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $194M | 137 | 5 | 1 |
| March 2025 | $176M | 127 | 5 | 1 |
| March 2024 | $161M | 141 | 4 | 1 |
| March 2023 | $141M | 139 | 6 | 1 |
| February 2022 | $149M | 141 | 5 | 1 |
| March 2021 | $128M | 147 | 5 | 2 |
Besides its headquarters, D. M. Brenner has 0 offices, with 1 listed address in California.
California · 1 listed address
- 380 Stevens Avenue, Suite 205, Solana BeachHQ
Contact and registration details
- Legal name
- D. M. Brenner, Inc.
- Headquarters
- 380 Stevens Avenue, Suite 205, Solana Beach, CA 92075
- Website
- dmbrenner.com
- Phone
- 858-345-1001
- @d.-.-brenner-inc.
- SEC file
- 801-119136
- Structure
- California corporation
- Fiscal year end
- December
D. M. Brenner uses Charles Schwab ($182M) as custodian for its separately managed accounts. D. M. Brenner has custody of $104M in client assets for 61 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $182M100%
At year end, D. M. Brenner’s separately managed accounts were largely in stocks (47%) and funds (45%).
What the accounts hold
- Stocks47%
- Exchange-traded equities45%
- Non-exchange-traded equities2%
- Funds45%
- Registered funds39%
- Pooled vehicles6%
- Bonds5%
- Cash3%
How many clients does D. M. Brenner have?
D. M. Brenner has 137 clients and manages $194 million for them, as of March 2026. They include 69 individual clients, 55 high-net-worth individuals, and 9 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does D. M. Brenner offer?
D. M. Brenner provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does D. M. Brenner use?
D. M. Brenner’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $182M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does D. M. Brenner have?
D. M. Brenner has 4 investment adviser representatives registered with state securities authorities, out of 5 employees, and 3 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 2 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does D. M. Brenner invest in?
At the end of its last fiscal year, D. M. Brenner’s separately managed accounts held 45% exchange-traded equities, 39% registered funds (mutual funds, ETFs, BDCs), 6% pooled vehicles (private funds and similar), 5% U.S. government and agency bonds, 3% cash and equivalents and 2% non-exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns D. M. Brenner?
D. M. Brenner’s direct owner is David Brenner (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does D. M. Brenner get paid?
D. M. Brenner is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact D. M. Brenner?
D. M. Brenner’s main office is at 380 Stevens Avenue, Suite 205, Solana Beach, CA 92075. Its phone number is 858-345-1001. Its website is dmbrenner.com.