Danda Trouve Investment Management, Inc. (Prairie Village)


Danda Trouve Investment Management, Inc. is a large advisory firm based in Prairie Village. It manages $107.1 million of regulatory assets for 267 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Florida, Kansas, Missouri, and Texas.

Danda Trouve Investment Management provides portfolio management for individuals and small businesses and financial consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Danda Trouve Investment Management: assets under management

The assets under management (AUM) of Danda Trouve Investment Management, Inc. is $107.1 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 108% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $107.1 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $401.11 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 68% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 12% of the firm’s portfolio. Investments in exchange traded securities form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Danda Trouve Investment Management, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients James Joseph Danda serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of James Joseph Danda is high net worth individuals with 55 clients and $85.69 million of assets under management. Among the 8 most similar advisory firms, Danda Trouve Investment Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $107.1 million for 92 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Danda Trouve Investment Management doesn't advise any private funds.

Careers at Danda Trouve Investment Management, Inc.

The company employs 4 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

James Joseph Danda has been acting as President since 1 Jan 1992. Marc Claude Marie Trouve joined the executive team most recently as the Secretary.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
James Joseph Danda President 1 Jan 1992 50% - 75% 4933398
Michelle Elizabeth Trouve Chief compliance officer 1 Sep 2004 50% - 75% 4604859
Michelle Elizabeth Trouve President, chief compliance officer 1 Jan 2008 75% - 100% 4604859
James Danda Vice president 1 Jan 2008 Other 2312820
James Joseph Danda Vice president 1 Jan 2008 25% - 50% 4933398
Marc Claude Marie Trouve Secretary 1 Jan 2012 Other 6920466

Based in Prairie Village

The principal office where Danda Trouve Investment Management, Inc. performs its advisory services is located at 8201 Mission Road, Prairie Village, KS 66208, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 913-262-1108 or by fax 913-262-2015. The normal business hours are 8:00 a.m. - 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at dandatrouve.com and its LinkedIn profile.