Dahring | Cusmano provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, and educational seminars. Financial planning was provided to 51–100 clients last fiscal year.
Dahring | Cusmano reports 884 clients. They include 709 individual clients, 154 high-net-worth individuals, and 21 corporations and other businesses. Of its assets, 93.8% ($733M across 2,043 accounts) are managed with discretion; $48.3M across 8 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 80% | 23% |
| High-net-worth individuals | 17% | 38% |
| Corporations and other businesses | 2% | 38% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 709 | $183M | 23.5% | $259K |
| High-net-worth individuals | 154 | $298M | 38.2% | $1.94M |
| Corporations and other businesses | 21 | $300M | 38.4% | $14.3M |
| Total | 884 | $781M | 100% | $884K |
- Clients
- 709
- Regulatory AUM
- $183M
- AUM share
- 23.5%
- Avg. per client
- $259K
- Clients
- 154
- Regulatory AUM
- $298M
- AUM share
- 38.2%
- Avg. per client
- $1.94M
- Clients
- 21
- Regulatory AUM
- $300M
- AUM share
- 38.4%
- Avg. per client
- $14.3M
Total
- Clients
- 884
- Regulatory AUM
- $781M
- AUM share
- 100%
- Avg. per client
- $884K
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Dahring | Cusmano charges up to 2.00% a year for its Investment Management Services. The fee is billed in advance or in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Stand-alone financial planning is a fixed fee set client by client; consulting and project work is charged a fixed or hourly fee.
Kirk Dahring owns 50% to 75% of Dahring | Cusmano. Kirk Dahring is CEO; the leadership team includes Chief Compliance Officer Andy Armstrong. It has 18 employees, 9 of them in advisory roles.
Leadership
Kirk DahringChief Executive Officer
Andy ArmstrongChief Compliance Officer
Angela CusmanoManaging Partner
Investment adviser representatives
9 representatives listed in the SEC register as of 9 October 2026.
Staff
- 18 employees
- 9 in advisory functions
- 9 state-registered reps
- 2 broker-dealer reps
- 6 insurance agents
- Owns 50% to 75% of Dahring | Cusmano LLC
Kirk Dahring
Control person · since March 2019
- Owns 50% to 75% of Dahring | Cusmano LLC
Angela Cusmano
Control person · since March 2019
Dahring | Cusmano’s regulatory assets grew 2.1× from $378M (March 2021) to $781M (September 2026); clients rose from 419 to 884 and employees from 10 to 18.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $781M | 884 | 18 | 2 |
| April 2025 | $707M | 733 | 13 | 2 |
| May 2024 | $535M | 544 | 11 | 2 |
| March 2023 | $436M | 514 | 10 | 2 |
| May 2022 | $466M | 474 | 10 | 2 |
| March 2021 | $378M | 419 | 10 | 2 |
Besides its headquarters, Dahring | Cusmano has 1 office, with 2 listed addresses in Michigan.
Michigan · 2 listed addresses
- 26200 Town Center DR., Suite 100, NoviHQ
- 3001 W. Big Beaver RD., Troy
Other business names
Dahring | Cusmano has reported 4 other business names to the SEC.
- Dahring | Cusmano
- Dahring | Cusmano Investment Professionals
- Dahring | Cusmano and Associates
- Dca401(k)
Contact and registration details
- Legal name
- Dahring | Cusmano LLC
- Headquarters
- 26200 Town Center DR., Suite 100, Novi, MI 48375
- Website
- Not reported
- Phone
- 248-348-0100
- @dahring-cusmano-and-associates
- SEC file
- 801-117222
- Structure
- Michigan LLC
- Fiscal year end
- December
Dahring | Cusmano uses Charles Schwab ($399M, 58%) and Fidelity ($286M, 42%) as custodians for its separately managed accounts. Dahring | Cusmano has custody of $200M in client assets for 795 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $399M58%
- FidelityNational Financial Services LLC · Boston, MA · $286M42%
At year end, Dahring | Cusmano’s separately managed accounts were mostly in funds (93%). Its reported 13F holdings for the quarter ended 30 June 2026 total $190M across 62 positions; the largest are Pimco ETF TR (10.6%), Fidelity Covington Trust (9.5%) and Schwab Strategic TR (8.4%).
What the accounts hold
- Stocks3%
- Funds93%
- Cash4%
Reported 13F holdings
- $190M
- Reported 13F value
- 62
- Positions
- 65.4%
- In the 10 largest
- +16.6%
- Value vs. prior quarter
- Pimco ETF TR · Multisector BD10.6%
- Fidelity Covington Trust · Fun Lar Cor ETF9.5%
- Schwab Strategic TR · US Lcap GR ETF8.4%
- Fidelity Covington Trust · Enhanced Sml Cap8.1%
- Vanguard Malvern Fds · Multi Sector6.1%
- Schwab Strategic TR · High Yiel BD ETF5.3%
- Fidelity Covington Trust · Enhanced Intl5.0%
- Capital Group Dividend Value · Shs Creat Unit4.6%
- Fidelity Covington Trust · Blue Chip Grwth4.6%
- Pimco Equity Ser · Rafi Dyn Emerg3.3%
Together, the ten largest are 65.4% of reported value.
How many clients does Dahring | Cusmano have?
Dahring | Cusmano has 884 clients and manages $781 million for them, as of September 2026. They include 709 individual clients, 154 high-net-worth individuals, and 21 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 4 September 2026
What services does Dahring | Cusmano offer?
Dahring | Cusmano provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Dahring | Cusmano charge?
Dahring | Cusmano charges up to 2.00% a year for its Investment Management Services. The fee is billed in advance or in arrears and is negotiable.
Source: DAHRING | CUSMANO FIRM BROCHURE, filed 3 September 2026
Which custodians does Dahring | Cusmano use?
Dahring | Cusmano’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $399M and National Financial Services LLC (Boston, MA), with $286M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 September 2026
How many financial advisors does Dahring | Cusmano have?
Dahring | Cusmano has 9 investment adviser representatives registered with state securities authorities, out of 18 employees, and 9 perform investment advisory functions. 2 employees are registered representatives of a broker-dealer and 6 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 Dahring | Cusmano invest in?
At the end of its last fiscal year, Dahring | Cusmano’s separately managed accounts held 93% registered funds (mutual funds, ETFs, BDCs), 4% cash and equivalents and 3% 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 Dahring | Cusmano?
Dahring | Cusmano’s direct owners are Kirk Dahring (50% to 75%) and Angela Cusmano (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 4 September 2026
How does Dahring | Cusmano get paid?
Dahring | Cusmano is paid through a percentage of assets under management, hourly charges 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
Is Dahring | Cusmano registered with the SEC?
Yes, Dahring | Cusmano has been registered with the SEC as an investment adviser since 26 August 2019. Its CRD number is 301236 and its SEC file number is 801-117222.
Source: Form ADV Part 1A, Item 1, filed 4 September 2026; IAPD firm record
How do I contact Dahring | Cusmano?
Dahring | Cusmano’s main office is at 26200 Town Center DR., Suite 100, Novi, MI 48375. Its phone number is 248-348-0100.