DFC Preferred Advisors provides portfolio management for investment companies.
DFC Preferred Advisors reports 1 investment company. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 100.0% ($229M across 1 account) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Investment companies | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Investment companies | 1 | $229M | 100.0% | $229M |
| Total | 1 | $229M | 100% | $229M |
- Clients
- 1
- Regulatory AUM
- $229M
- AUM share
- 100.0%
- Avg. per client
- $229M
Total
- Clients
- 1
- Regulatory AUM
- $229M
- AUM share
- 100%
- Avg. per client
- $229M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
DFC Preferred Advisors is paid through a percentage of assets under management; its fees and minimums are set out in its brochures on the SEC website.
Destra Capital Advisors LLC owns 50% to 75% of DFC Preferred Advisors and is in turn owned by Destra Capital Managementllc (75% or more). The leadership team of DFC Preferred Advisors includes President Robert Watson and Chief Compliance Officer Myles Blechner. It has 3 employees, 2 of them in advisory roles.
Staff
- 3 employees
- 2 in advisory functions
- 3 broker-dealer reps
- Owns 50% to 75% of DFC Preferred Advisors LLC
Destra Capital Advisors LLC
Control person · since February 2021
- Owns 75% or more of Destra Capital Advisors LLC
Destra Capital Managementllc
Control person · since August 2008
- Owns 50% to 75% of DFC Preferred Advisors LLC
Flaherty & Crumrine Incorporated
Control person · since February 2021
DFC Preferred Advisors’ regulatory assets fell from $286M (March 2021) to $229M (March 2026); clients were 1 in both filings and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $229M | 1 | 3 | 1 |
| Mar 2025March 2025 | $245M | 1 | 3 | 1 |
| Feb 2024February 2024 | $205M | 1 | 3 | 1 |
| Mar 2023March 2023 | $216M | 1 | 3 | 1 |
| Mar 2022March 2022 | $328M | 1 | 3 | 1 |
| Mar 2021March 2021 | $286M | 1 | 3 | 1 |
Besides its headquarters, DFC Preferred Advisors has 0 offices, with 1 listed address in 1 state.
Montana · 1 listed address
- 443 N. Willson Avenue, BozemanHQ
Contact and registration details
- Legal name
- DFC Preferred Advisors LLC
- Headquarters
- 443 N. Willson Avenue, Bozeman, MT 59715
- Website
- Not reported
- Phone
- 877-855-3434
- SEC file
- 801-119781
- Structure
- Delaware LLC
- Fiscal year end
- December
DFC Preferred Advisors does not have custody of client assets.
How many clients does DFC Preferred Advisors have?
DFC Preferred Advisors has 1 client and manages $229 million for them, as of March 2026. They include 1 investment company.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 11 March 2026
What services does DFC Preferred Advisors offer?
DFC Preferred Advisors provides portfolio management for investment companies.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does DFC Preferred Advisors have?
DFC Preferred Advisors has 0 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. 3 employees are registered representatives of a broker-dealer and 0 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
Who owns DFC Preferred Advisors?
DFC Preferred Advisors is owned through a holding company by Destra Capital Managementllc. Its direct owners are Destra Capital Advisors LLC (50% to 75%) and Flaherty & Crumrine Incorporated (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 11 March 2026
How does DFC Preferred Advisors get paid?
DFC Preferred Advisors 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
How do I contact DFC Preferred Advisors?
DFC Preferred Advisors’ main office is at 443 N. Willson Avenue, Bozeman, MT 59715. Its phone number is 877-855-3434.