DUNHAM

Broker-DealerFINRA MemberEst. 1985

Total AUM

$5.6B

Discretionary

$4.7B

84% of AUM

Accounts

13,155

Employees

Advisory reps

Brokerage reps

Firm details

Headquarters: SAN DIEGO, California
CRD number: 13162
Registered since: November 29, 1985
Website: www.dunham.com
Custodians: FIFTH THIRD SECURITIES, INC.
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: HNWI56.08%
Individuals35.04%
Investment Companies5.96%
Corporations / Businesses1.77%
Charitable Organizations0.68%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Dunham operates as an independent broker-dealer that also provides advisory services and acts as a capital allocator to third-party managers. The firm, SEC-registered since 1985, serves both individual/family and institutional clients. Its advisory capabilities include financial planning, portfolio management across individuals, small businesses and pooled vehicles, and selection of sub‑advisers. Fee arrangements are mixed — percentage of AUM, fixed fees and performance-based fees are all used. The firm does not present itself as an active ESG investor. Dunham’s structure combines broker-dealer activity with advisory responsibilities and sponsor/manager roles in pooled vehicles, positioning it to place client assets into both public pooled products and externally managed alternative strategies.