Dumaine Investments provides financial planning, portfolio management for individuals and small businesses, and publishing newsletters. Financial planning was provided to 11–25 clients last fiscal year.
Dumaine Investments reports 156 clients. They include 81 individual clients, 52 high-net-worth individuals and 13 other clients. Of its assets, 75.6% ($172M across 335 accounts) are managed with discretion; $55.4M across 21 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 52% | 11% |
| High-net-worth individuals | 33% | 56% |
| Corporations and other businesses | 6% | 14% |
| Other | 8% | 19% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 81 | $25.5M | 11.2% | $315K |
| High-net-worth individuals | 52 | $127M | 55.9% | $2.44M |
| Corporations and other businesses | 10 | $31M | 13.6% | $3.1M |
| Other | 13 | $43.6M | 19.2% | $3.36M |
| Total | 156 | $227M | 100% | $1.46M |
- Clients
- 81
- Regulatory AUM
- $25.5M
- AUM share
- 11.2%
- Avg. per client
- $315K
- Clients
- 52
- Regulatory AUM
- $127M
- AUM share
- 55.9%
- Avg. per client
- $2.44M
- Clients
- 10
- Regulatory AUM
- $31M
- AUM share
- 13.6%
- Avg. per client
- $3.1M
- Clients
- 13
- Regulatory AUM
- $43.6M
- AUM share
- 19.2%
- Avg. per client
- $3.36M
Total
- Clients
- 156
- Regulatory AUM
- $227M
- AUM share
- 100%
- Avg. per client
- $1.46M
- 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
- 11–25
Dumaine Investments charges 0.40%–1.15% a year for its Portfolio Management Services. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Hourly Financial Consulting
- Financial consulting is negotiated but typically billed at $300 an hour.
- Wealth Advisory Services
- Non-discretionary wealth advisory for private placements and DSTs: an initial percentage fee of 0.70% to 1.85%, then an ongoing fee of 0.15% to 0.70% per annum.
Clifford Favrot owns 75% or more of Dumaine Investments. The leadership team of Dumaine Investments includes President Clifford Favrot. It has 4 employees, 2 of them in advisory roles.
Staff
- 4 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Dumaine Investments LLC
Clifford Favrot
Control person · since November 2019
Dumaine Investments’ regulatory assets grew 1.6× from $142M (March 2021) to $227M (March 2026); clients rose from 92 to 156 and employees were 4 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $227M | 156 | 4 | 1 |
| Mar 2025March 2025 | $204M | 141 | 4 | 1 |
| Mar 2024March 2024 | $198M | 104 | 4 | 1 |
| Mar 2023March 2023 | $200M | 113 | 4 | 1 |
| Mar 2022March 2022 | $205M | 103 | 4 | 1 |
| Mar 2021March 2021 | $142M | 92 | 4 | 1 |
Besides its headquarters, Dumaine Investments has 0 offices, with 1 listed address in 1 state.
Louisiana · 1 listed address
- 650 Poydras Street, Suite 1010, New OrleansHQ
Contact and registration details
- Legal name
- Dumaine Investments LLC
- Headquarters
- 650 Poydras Street, Suite 1010, New Orleans, LA 70130-6101
- Website
- dumaineinvestments.com
- Phone
- 504-521-7350
- @dumaineinvestments
- SEC file
- 801-117762
- Structure
- Louisiana LLC
- Fiscal year end
- December
Dumaine Investments’ named custodian for separately managed accounts is Charles Schwab ($182M). Dumaine Investments has custody of $560K for 1 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $182M100%
At year end, Dumaine Investments’ separately managed accounts were largely in funds (40%) and stocks (30%).
What the accounts hold
- Stocks30%
- Funds40%
- Pooled vehicles24%
- Registered funds16%
- Bonds23%
- Investment grade corporate bonds17%
- U.S. government and agency bonds4%
- State and local bonds2%
- Cash7%
How many clients does Dumaine Investments have?
Dumaine Investments has 156 clients and manages $227 million for them, as of March 2026. They include 81 individual clients, 52 high-net-worth individuals and 13 other clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026
What services does Dumaine Investments offer?
Dumaine Investments provides financial planning, portfolio management for individuals and small businesses, and publishing newsletters.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Dumaine Investments charge?
Dumaine Investments charges 0.40%–1.15% a year for its Portfolio Management Services. The fee is billed in advance and is negotiable.
Source: DUMAINE INVESTMENTS FORM ADV PART 2A BROCHURE, filed 24 March 2026
Which custodians does Dumaine Investments use?
Dumaine Investments’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $182M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 March 2026
How many financial advisors does Dumaine Investments have?
Dumaine Investments has 2 investment adviser representatives registered with state securities authorities, out of 4 employees, and 2 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 Dumaine Investments invest in?
At the end of its last fiscal year, Dumaine Investments’ separately managed accounts held 30% exchange-traded equities, 24% pooled vehicles (private funds and similar), 17% investment grade corporate bonds, 16% registered funds (mutual funds, ETFs, BDCs), 7% cash and equivalents, 4% U.S. government and agency bonds and 2% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Dumaine Investments?
Dumaine Investments’ direct owner is Clifford Favrot (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 March 2026
How does Dumaine Investments get paid?
Dumaine Investments is paid through a percentage of assets under management 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 Dumaine Investments?
Dumaine Investments’ main office is at 650 Poydras Street, Suite 1010, New Orleans, LA 70130-6101. Its phone number is 504-521-7350. Its website is dumaineinvestments.com.
