McDermott Investment Advisors provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
McDermott Investment Advisors reports 618 clients. They include 480 high-net-worth individuals and 138 individual clients. Of its assets, 83.4% ($170M across 228 accounts) are managed with discretion; $33.7M across 391 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 22% | 19% |
| High-net-worth individuals | 78% | 81% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 138 | $39.6M | 19.5% | $287K |
| High-net-worth individuals | 480 | $164M | 80.5% | $341K |
| Total | 618 | $203M | 100% | $329K |
- Clients
- 138
- Regulatory AUM
- $39.6M
- AUM share
- 19.5%
- Avg. per client
- $287K
- Clients
- 480
- Regulatory AUM
- $164M
- AUM share
- 80.5%
- Avg. per client
- $341K
Total
- Clients
- 618
- Regulatory AUM
- $203M
- AUM share
- 100%
- Avg. per client
- $329K
- 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
McDermott Investment Advisors charges 1.00%–2.00% a year for its Portfolio management services. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning
- Financial planning is billed at an hourly fee of $200, negotiable by scope; 50% of the fee is payable in advance.
Dean McDermott owns 75% or more of McDermott Investment Advisors. The leadership team of McDermott Investment Advisors includes Chief Compliance Officer Dean McDermott. It has 10 employees.
Staff
- 10 employees
- 10 in advisory functions
- 10 state-registered reps
- 5 broker-dealer reps
- 4 insurance agents
- Owns 75% or more of McDermott Investment Advisors, LLC
Dean McDermott
Control person · since May 2004
McDermott Investment Advisors’ regulatory assets fell from $222M (March 2021) to $203M (March 2026); clients rose from 369 to 618 and employees fell from 11 to 10.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $203M | 618 | 10 | 8 |
| Mar 2025March 2025 | $211M | 709 | 10 | 5 |
| Jul 2024July 2024 | $228M | 701 | 13 | 7 |
| Mar 2023March 2023 | $223M | 429 | 16 | 7 |
| Feb 2022February 2022 | $230M | 405 | 14 | 6 |
| Mar 2021March 2021 | $222M | 369 | 11 | 4 |
Besides its headquarters, McDermott Investment Advisors has 7 offices, with 8 listed addresses across 5 states.
California · 2 listed addresses
- 6633 S Halm Avenue, Los Angeles
- 101 Main Street, Huntington Beach
Florida · 2 listed addresses
- 780 Fifth Avenue South, Suite 200, NaplesHQ
- 12290 Itec Park Way, Fort Myers
Pennsylvania · 2 listed addresses
- 44 East Broad Street, Bethlehem
- 1275 Glenlivet Drive, Allentown
Georgia · 1 listed address
- 3260 Kingsboro Road, Atlanta
New Jersey · 1 listed address
- 354 State Street, Hackensack
Contact and registration details
- Legal name
- McDermott Investment Advisors, LLC
- Headquarters
- 780 Fifth Avenue South, Suite 200, Naples, FL 34102
- Website
- mcdermottadvisors.com
- Phone
- 610-882-1460
- SEC file
- 801-79404
- Structure
- Florida LLC
- Fiscal year end
- December
McDermott Investment Advisors’ named custodian for separately managed accounts is Hilltop Securities ($163M). McDermott Investment Advisors does not have custody of client assets.
- Hilltop SecuritiesHilltop Securities Inc. · New York, NY · $163M100%
At year end, McDermott Investment Advisors’ separately managed accounts were mostly in stocks (84%) and bonds (14%).
What the accounts hold
- Stocks84%
- Funds2%
- Bonds14%
- Investment grade corporate bonds12%
- U.S. government and agency bonds1%
- State and local bonds1%
How many clients does McDermott Investment Advisors have?
McDermott Investment Advisors has 618 clients and manages $203 million for them, as of March 2026. They include 480 high-net-worth individuals and 138 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026
What services does McDermott Investment Advisors offer?
McDermott Investment Advisors provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does McDermott Investment Advisors charge?
McDermott Investment Advisors charges 1.00%–2.00% a year for its Portfolio management services. The fee is billed in advance and is negotiable.
Source: MCDERMOTT INVESTMENT ADVISORS, LLC FORM ADV PART 2A BROCHURE, filed 9 March 2026
Which custodians does McDermott Investment Advisors use?
McDermott Investment Advisors’ separately managed account assets are held at Hilltop Securities Inc. (New York, NY), with $163M. 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 McDermott Investment Advisors have?
McDermott Investment Advisors has 10 investment adviser representatives registered with state securities authorities, out of 10 employees, and 10 perform investment advisory functions. 5 employees are registered representatives of a broker-dealer and 4 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
What does McDermott Investment Advisors invest in?
At the end of its last fiscal year, McDermott Investment Advisors’ separately managed accounts held 84% exchange-traded equities, 12% investment grade corporate bonds, 2% registered funds (mutual funds, ETFs, BDCs), 1% U.S. government and agency bonds and 1% 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 McDermott Investment Advisors?
McDermott Investment Advisors’ direct owner is Dean McDermott (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 March 2026
How does McDermott Investment Advisors get paid?
McDermott Investment Advisors is paid through a percentage of assets under management, hourly charges, commissions and other compensation. Its Form ADV lists no 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 McDermott Investment Advisors?
McDermott Investment Advisors’ main office is at 780 Fifth Avenue South, Suite 200, Naples, FL 34102. Its phone number is 610-882-1460. Its website is mcdermottadvisors.com.