Dorsey, Wright & Associates provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for institutions, publishing newsletters, and educational seminars.
Dorsey, Wright & Associates reports 840 clients. They include 479 high-net-worth individuals, 327 individual clients, and 11 corporations and other businesses. Of its assets, 100.0% ($1.01B across 840 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $351M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 39% | 9% |
| High-net-worth individuals | 57% | 33% |
| Investment companies | <1% | 53% |
| Pension and profit-sharing plans | 1% | 4% |
| Charitable organizations | <1% | <1% |
| Other client typesCorporations and other businesses; Other | 2% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 327 | $90.8M | 9.0% | $278K |
| High-net-worth individuals | 479 | $330M | 32.6% | $689K |
| Investment companies | 6 | $537M | 53.0% | $89.4M |
| Pension and profit-sharing plans | 10 | $40.8M | 4.0% | $4.08M |
| Charitable organizations | Fewer than 5 | $2.84M | 0.3% | $711K |
| Corporations and other businesses | 11 | $10.2M | 1.0% | $928K |
| Other | Fewer than 5 | $448K | 0.0% | $149K |
| Total | 840 | $1.01B | 100% | — |
- Clients
- 327
- Regulatory AUM
- $90.8M
- AUM share
- 9.0%
- Avg. per client
- $278K
- Clients
- 479
- Regulatory AUM
- $330M
- AUM share
- 32.6%
- Avg. per client
- $689K
- Clients
- 6
- Regulatory AUM
- $537M
- AUM share
- 53.0%
- Avg. per client
- $89.4M
- Clients
- 10
- Regulatory AUM
- $40.8M
- AUM share
- 4.0%
- Avg. per client
- $4.08M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.84M
- AUM share
- 0.3%
- Avg. per client
- $711K
- Clients
- 11
- Regulatory AUM
- $10.2M
- AUM share
- 1.0%
- Avg. per client
- $928K
- Clients
- Fewer than 5
- Regulatory AUM
- $448K
- AUM share
- 0.0%
- Avg. per client
- $149K
Total
- Clients
- 840
- Regulatory AUM
- $1.01B
- AUM share
- 100%
- Avg. per client
- —
- 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
Dorsey, Wright & Associates is paid through a percentage of assets under management, hourly charges, subscription fees and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Nasdaq, Inc. owns 25% to 50% of Dorsey, Wright & Associates. The leadership team of Dorsey, Wright & Associates includes President John Lewis and Chief Compliance Officer Lisa Johnson. It has 25 employees, 14 of them in advisory roles.
Leadership
- John LewisSenior Vice President, Dorsey Wright & Associates, LLC
- Emily SpurlingSenior Vice President, Nasdaq
- Lisa JohnsonChief Compliance Officer
Investment adviser representatives
20 representatives listed in the SEC register as of 9 October 2026.
- David Clinton Clark
- Miles Andrew Clark
- Randall Dammers III
- Robert Anthony Deangelo
- Pranay Dureja
- Myron Charles Fuller IV
- Anthony Garcia
- Jay Michael Gragnani
- Andrew Charles Hyer
- Benjamin Hardin Jones
- Connor Patrick Kamp
- Michael David Kaplan
- John Gunnard Lewis
- Missael Macedo
- Sara Mehle Marshall
- Trevor Brooks Plesko
- Steven Thomas Raymond
- Ian James Saunders
- Sydney Siek
- James Thomas West
Staff
- 25 employees
- 14 in advisory functions
- 14 state-registered reps
- Owns 25% to 50% of Dorsey, Wright & Associates, LLC
Nasdaq, Inc.
Control person · since January 2015
Dorsey, Wright & Associates’ regulatory assets grew from $725M (March 2021) to $1.01B (April 2026); clients were 840 in both filings and employees were 25 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $1.01B | 840 | 25 | 2 |
| July 2025 | $755M | 815 | 25 | 2 |
| March 2024 | $579M | 824 | 25 | 2 |
| August 2023 | $658M | 967 | 25 | 2 |
| July 2022 | $961M | 1,581 | 25 | 2 |
| March 2021 | $725M | 875 | 25 | 2 |
Besides its headquarters, Dorsey, Wright & Associates has 1 office, with 2 listed addresses in California and Virginia.
California · 1 listed address
- 790 E. Colorado Boulevard, Pasadena
Virginia · 1 listed address
- 3300 W Leigh Street, RichmondHQ
Other business names
Dorsey, Wright & Associates has reported 2 other business names to the SEC.
- Dorsey Wright Money Management
- Nasdaq Dorsey Wright
Contact and registration details
- Legal name
- Dorsey, Wright & Associates, LLC
- Headquarters
- 3300 W Leigh Street, Richmond, VA 23230
- Website
- Not reported
- Phone
- 804-320-8511
- @nasdaq
- SEC file
- 801-29045
- Structure
- Virginia LLC
- Fiscal year end
- December
Dorsey, Wright & Associates uses Wells Fargo Advisors Financial Network ($136M, 37%), Charles Schwab ($76.2M, 21%) and Morgan Stanley ($55.5M, 15%), among others, as custodians for its separately managed accounts. Dorsey, Wright & Associates does not have custody of client assets.
- Morgan StanleyMorgan Stanley & Co. LLC · New York, NY · $55.5M15%
- Wells Fargo Advisors Financial NetworkWells Fargo Advisors Financial Network, LLC · St. Louis, MO · $136M37%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $76.2M21%
- FidelityFidelity Distributors Company LLC · Boston, MA · $47.7M13%
- RBC Capital MarketsRBC Capital Markets, LLC · New York, NY · $48.9M13%
At year end, Dorsey, Wright & Associates’ separately managed accounts were mostly in stocks (100%). Its reported 13F holdings for the quarter ended 30 June 2026 total $590M across 131 positions; the largest are Carpenter Technology Corp. (4.5%), Amphenol Corp. CL A (4.2%) and GE Vernova LLC (3.6%).
What the accounts hold
- Stocks100%
Reported 13F holdings
- $590M
- Reported 13F value
- 131
- Positions
- 30.2%
- In the 10 largest
- −26.9%
- Value vs. prior quarter
- Carpenter Technology Corp.4.5%
- Amphenol Corp. CL A4.2%
- GE Vernova LLC3.6%
- Nvidia Corporation3.4%
- Comfort Sys USA Inc.2.7%
- Cardinal Health Inc.2.5%
- Roivant Sciences Ltd Shs2.4%
- Flextronics Intl Ltd Ord2.3%
- Howmet Aerospace Inc.2.3%
- Curtiss Wright Corp.2.3%
Together, the ten largest are 30.2% of reported value.
How many clients does Dorsey, Wright & Associates have?
Dorsey, Wright & Associates has 840 clients and manages $1.01 billion for them, as of April 2026. They include 479 high-net-worth individuals, 327 individual clients, and 11 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 April 2026
What services does Dorsey, Wright & Associates offer?
Dorsey, Wright & Associates provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for institutions, publishing newsletters, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Dorsey, Wright & Associates use?
Dorsey, Wright & Associates’ separately managed account assets are held at Wells Fargo Advisors Financial Network, LLC (St. Louis, MO), with $136M, Charles Schwab & Co., Inc. (Westlake, TX), with $76.2M, Morgan Stanley & Co. LLC (New York, NY), with $55.5M, RBC Capital Markets, LLC (New York, NY), with $48.9M and Fidelity Distributors Company LLC (Boston, MA), with $47.7M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 April 2026
How many financial advisors does Dorsey, Wright & Associates have?
Dorsey, Wright & Associates has 14 investment adviser representatives registered with state securities authorities, out of 25 employees, and 14 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
What does Dorsey, Wright & Associates invest in?
At the end of its last fiscal year, Dorsey, Wright & Associates’ separately managed accounts held 100% 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 Dorsey, Wright & Associates?
Dorsey, Wright & Associates’ direct owner is Nasdaq, Inc., each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 1 April 2026
How does Dorsey, Wright & Associates get paid?
Dorsey, Wright & Associates is paid through a percentage of assets under management, hourly charges, subscription fees 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 Dorsey, Wright & Associates?
Dorsey, Wright & Associates’ main office is at 3300 W Leigh Street, Richmond, VA 23230. Its phone number is 804-320-8511.