DBD Retirement and Financial Services provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and educational seminars.
DBD Retirement and Financial Services reports 21 clients. They include 17 individual clients and 4 high-net-worth individuals. Of its assets, 100.0% ($134M across 37 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 81% | 5% |
| High-net-worth individuals | 19% | 95% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 17 | $6.21M | 4.6% | $365K |
| High-net-worth individuals | 4 | $127M | 95.4% | $31.9M |
| Total | 21 | $134M | 100% | $6.36M |
- Clients
- 17
- Regulatory AUM
- $6.21M
- AUM share
- 4.6%
- Avg. per client
- $365K
- Clients
- 4
- Regulatory AUM
- $127M
- AUM share
- 95.4%
- Avg. per client
- $31.9M
Total
- Clients
- 21
- Regulatory AUM
- $134M
- AUM share
- 100%
- Avg. per client
- $6.36M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
DBD Retirement and Financial Services charges 0.50%–0.85% a year for its Asset Management Services. The fee is billed in advance and is negotiable.
Fee details and sources
Raymond Difilippo owns 50% to 75% of DBD Retirement and Financial Services. The leadership team of DBD Retirement and Financial Services includes President Raymond Difilippo. It has 1 employee.
Leadership
- Raymond DifilippoPresident and Chief Compliance Officer
- Denise DiFilippoOwner
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 1 employee
- 1 in advisory functions
- 1 state-registered rep
- 1 insurance agent
- Owns 50% to 75% of DBD Retirement and Financial Services, LLC
Raymond Difilippo
Control person · since August 2023
- Owns 50% to 75% of DBD Retirement and Financial Services, LLC
Denise DiFilippo
Control person · since August 2023
DBD Retirement and Financial Services’ regulatory assets went from $130M (July 2024) to $134M (September 2026); clients rose from 18 to 21 and employees were 1 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $134M | 21 | 1 | 1 |
| January 2025 | $134M | 20 | 1 | 1 |
| July 2024 | $130M | 18 | 1 | 1 |
Besides its headquarters, DBD Retirement and Financial Services has 0 offices, with 1 listed address with no US state reported.
Other business names
DBD Retirement and Financial Services has reported 1 other business name to the SEC.
- DBD Financial
Contact and registration details
- Legal name
- DBD Retirement and Financial Services, LLC
- Headquarters
- Not reported
- Website
- Not reported
- Phone
- 703-791-5955
- SEC file
- 801-129039
- Structure
- Virginia LLC
- Fiscal year end
- December
DBD Retirement and Financial Services uses Assetmark Trust ($134M) as custodian for its separately managed accounts. DBD Retirement and Financial Services does not have custody of client assets.
- Assetmark TrustAssetmark Trust Company · Phoenix, AZ · $134M100%
At year end, DBD Retirement and Financial Services’ separately managed accounts were largely in bonds (40%) and stocks (39%).
What the accounts hold
- Stocks39%
- Funds19%
- Bonds40%
- State and local bonds37%
- Investment grade corporate bonds3%
- Cash2%
How many clients does DBD Retirement and Financial Services have?
DBD Retirement and Financial Services has 21 clients and manages $134 million for them, as of September 2026. They include 17 individual clients and 4 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 September 2026
What services does DBD Retirement and Financial Services offer?
DBD Retirement and Financial Services provides financial planning, portfolio management for individuals and small businesses, 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 DBD Retirement and Financial Services charge?
DBD Retirement and Financial Services charges 0.50%–0.85% a year for its Asset Management Services. The fee is billed in advance and is negotiable.
Source: DBD RETIREMENT AND FINANCIAL RESOURCES ADV PART 2A AND 2B, filed 12 January 2026
Which custodians does DBD Retirement and Financial Services use?
DBD Retirement and Financial Services’ separately managed account assets are held at Assetmark Trust Company (Phoenix, AZ), with $134M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 September 2026
How many financial advisors does DBD Retirement and Financial Services have?
DBD Retirement and Financial Services has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does DBD Retirement and Financial Services invest in?
At the end of its last fiscal year, DBD Retirement and Financial Services’ separately managed accounts held 39% exchange-traded equities, 37% state and local bonds, 19% registered funds (mutual funds, ETFs, BDCs), 3% investment grade corporate bonds and 2% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns DBD Retirement and Financial Services?
DBD Retirement and Financial Services’ direct owners are Raymond Difilippo (50% to 75%) and Denise DiFilippo (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 28 September 2026
How does DBD Retirement and Financial Services get paid?
DBD Retirement and Financial Services 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
How do I contact DBD Retirement and Financial Services?
Its phone number is 703-791-5955.