{"url":"https://nivawealth.com/firms/dependable-alternative-investments-300332","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/300332","regulatoryAum":329640421,"crd":"300332","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7059603","suffix":null,"lastName":"Dai","firstName":"Guangming","middleName":"George"}],"total":1,"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":"2021-07-16","regulatoryAum":61370752,"clients":69,"employees":1,"offices":1},{"filedOn":"2022-02-07","regulatoryAum":102136855,"clients":163,"employees":1,"offices":1},{"filedOn":"2023-02-07","regulatoryAum":217802316,"clients":252,"employees":1,"offices":1},{"filedOn":"2024-02-05","regulatoryAum":270819537,"clients":304,"employees":1,"offices":1},{"filedOn":"2025-02-07","regulatoryAum":244444852,"clients":257,"employees":1,"offices":1},{"filedOn":"2026-01-13","regulatoryAum":329640421,"clients":285,"employees":1,"offices":1}],"secFileNumber":"801-118426","legalName":"Dependable Alternative Investments, LLC","displayName":"Dependable Alternative Investments","slug":"dependable-alternative-investments-300332","website":"https://daiadvisors.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"2019","organization":"California limited liability company","fiscalYearEnd":"December","headquarters":{"street":"3875 Bohannon Drive, #4194","city":"Menlo Park","state":"CA","stateName":"California","country":"United States","postalCode":"94025"},"tradeNames":[],"registration":{"secApproved":"13 April 2020","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1156633.0561403509,"staff":{"employees":1,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":329640421,"discretionary":66684098,"discretionaryAccounts":78,"nonDiscretionary":262956323,"nonDiscretionaryAccounts":552,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":285,"regulatoryAum":329640421}],"feePrograms":[],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T16:16:12.310792+00:00","documents":[{"name":"DISCLOSURE BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060053","versionId":1060053,"submittedOn":"2026-10-03"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":19689217}],"custodyNote":"Dependable Alternative Investments does not have custody of client assets.","leadership":[{"name":"Guangming Dai","title":"CCO","crd":"7059603"}],"ownership":[{"label":"Guangming Dai","detail":"Cco in the 75% or more ownership band and a control person, since January 2019."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"3875 Bohannon Drive, #4194","city":"Menlo Park","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"510-709-7543","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"0","assetMix":[{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":100}],"privateFunds":0},"sources":{"adv1FilingDate":"13 January 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/300332/PDF/300332.pdf","brochureDate":"3 October 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060053","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 Dependable Alternative Investments have?","answer":"Dependable Alternative Investments has 285 clients and manages $330 million for them, as of January 2026. They include 285 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 13 January 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Dependable Alternative Investments offer?","answer":"Dependable Alternative Investments provides portfolio management for individuals and small businesses.","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 Dependable Alternative Investments use?","answer":"Dependable Alternative Investments’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $19.7M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 January 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Dependable Alternative Investments have?","answer":"Dependable Alternative Investments has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Dependable Alternative Investments invest in?","answer":"At the end of its last fiscal year, Dependable Alternative Investments’ separately managed accounts held 100% pooled vehicles (private funds and similar).","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 Dependable Alternative Investments?","answer":"Dependable Alternative Investments’ direct owner is Guangming Dai (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 13 January 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Dependable Alternative Investments get paid?","answer":"Dependable Alternative Investments is paid through a percentage of assets under management. 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":"Is Dependable Alternative Investments registered with the SEC?","answer":"Yes, Dependable Alternative Investments has been registered with the SEC as an investment adviser since 13 April 2020. Its CRD number is 300332 and its SEC file number is 801-118426.","source":"Form ADV Part 1A, Item 1, filed 13 January 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Dependable Alternative Investments?","answer":"Dependable Alternative Investments’ main office is at 3875 Bohannon Drive, #4194, Menlo Park, CA 94025. Its phone number is 510-709-7543. Its website is daiadvisors.com.","source":"Form ADV Part 1A, Item 1.F, filed 13 January 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."}