{"url":"https://nivawealth.com/firms/d-m-brenner-134398","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/134398","regulatoryAum":193620246,"crd":"134398","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1370881","suffix":null,"lastName":"BRENNER","firstName":"DAVID","middleName":"MORGAN"},{"crd":"8047049","suffix":null,"lastName":"Buenrostro","firstName":"Jacqueline","middleName":"Salazar"},{"crd":"7700361","suffix":null,"lastName":"HOUGHTBY","firstName":"JEFFREY","middleName":"MICHAEL"},{"crd":"7358589","suffix":null,"lastName":"McKerrihan","firstName":"Kenza","middleName":"Ravi"}],"total":4,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-25","regulatoryAum":128396087,"clients":147,"employees":5,"offices":2},{"filedOn":"2022-02-17","regulatoryAum":149168498,"clients":141,"employees":5,"offices":1},{"filedOn":"2023-03-06","regulatoryAum":141383897,"clients":139,"employees":6,"offices":1},{"filedOn":"2024-03-27","regulatoryAum":160640345,"clients":141,"employees":4,"offices":1},{"filedOn":"2025-03-28","regulatoryAum":176059293,"clients":127,"employees":5,"offices":1},{"filedOn":"2026-03-30","regulatoryAum":193620246,"clients":137,"employees":5,"offices":1}],"secFileNumber":"801-119136","legalName":"D. M. Brenner, Inc.","displayName":"D. M. Brenner","slug":"d-m-brenner-134398","website":"https://dmbrenner.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/d.-.-brenner-inc./?viewAsMember=true","founded":null,"organization":"California corporation","fiscalYearEnd":"December","headquarters":{"street":"380 Stevens Avenue, Suite 205","city":"Solana Beach","state":"CA","stateName":"California","country":"United States","postalCode":"92075"},"tradeNames":[],"registration":{"secApproved":"8 September 2020","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1477174,"staff":{"employees":5,"advisory":3,"brokerDealerReps":1,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":193620246,"discretionary":193620246,"discretionaryAccounts":369,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":2},"clientTypes":[{"label":"Individuals (other than HNW)","clients":69,"regulatoryAum":27477826},{"label":"High-net-worth individuals","clients":55,"regulatoryAum":155691750},{"label":"Pension and profit-sharing plans","clients":9,"regulatoryAum":10382369},{"label":"Corporations and other businesses","clients":4,"fewerThan5":true,"regulatoryAum":68301}],"feePrograms":[{"role":"other","program":"On-going Financial Consulting","summary":"Ongoing financial consulting is charged case by case and will not exceed $10,000 per year.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1031443","versionId":1031443,"submittedOn":"2026-03-30","documentName":"D.M. BRENNER, INC. FORM ADV PART 2A"},{"role":"other","program":"One-time Financial Plan","summary":"Stand-alone financial plans are charged on a flat basis, with one-time fees not to exceed $15,000.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1031443","versionId":1031443,"submittedOn":"2026-03-30","documentName":"D.M. BRENNER, INC. FORM ADV PART 2A"},{"role":"other","program":"Qualified Plan Services","summary":"Qualified plan services carry an advisory fee up to 1.5% of a participant's account, negotiable per plan agreement.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1031443","versionId":1031443,"submittedOn":"2026-03-30","documentName":"D.M. BRENNER, INC. FORM ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T13:12:52.824838+00:00","documents":[{"name":"D.M. BRENNER, INC. FORM ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1031443","versionId":1031443,"submittedOn":"2026-03-30"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":181879111}],"custodyNote":"D. M. Brenner has custody of $104M in client assets for 61 clients.","otherCustodians":[],"leadership":[{"name":"David Brenner","title":"Owner/President/Chief Compliance Officer","crd":"1370881"}],"ownership":[{"label":"David Brenner","detail":"Owner/president/chief compliance officer in the 75% or more ownership band and a control person, since March 2004."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"380 Stevens Avenue, Suite 205","city":"Solana Beach","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"858-345-1001","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":45},{"label":"Non-exchange-traded equity securities","percent":2},{"label":"U.S. government/agency bonds","percent":5},{"label":"Securities issued by registered investment companies or business development companies","percent":39},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":6},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"30 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/134398/PDF/134398.pdf","brochureDate":"30 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1031443","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does D. M. Brenner have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does D. M. Brenner offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does D. M. Brenner use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does D. M. Brenner have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does D. M. Brenner invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns D. M. Brenner?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does D. M. Brenner get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact D. M. Brenner?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}