Wealth manager, independent · Bay City, MI
DBS Investment Advisers, LLC
SEC-registered investment adviser · CRD 123283 · SEC 801-116815
At a glance
DBS Investment Advisers, LLC is an SEC-registered investment adviser based in Bay City, Michigan, with $280 million in regulatory assets under management as of its Form ADV filed February 2, 2026. Its largest client group by assets is pension and profit sharing plans, and it reports 523 individual clients. By Form ADV it is a wealth manager, ranked 4,608th of 8,915 wealth managers and 10,518th of 17,210 SEC-registered advisers by assets.
Main office 989-686-6222dbsia.netAs filed on Form ADV
- Regulatory AUM
- $280M
- Rank among wealth managers
- #4,608 of 8,915
- Rank among all SEC RIAs
- #10,518 of 17,210
- Rank in Michigan
- #181 of 305
- Individual clients
- 523
- High-net-worth clients
- 35
- Accounts
- 973
- Discretionary
- 100% of AUM
- Employees
- 8
- Advisory staff
- 5
- Offices
- 4
Owners and executives on its Form ADV
- Theodore C. SchumannChief Compliance Officer/member
Custody and brokerage
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pension and profit sharing plans | 68 | $123M | 44% |
| High-net-worth individuals | 35 | $107M | 38% |
| Individuals | 488 | $50M | 18% |
| Corporations or other businesses | – | $0M | <1% |
Disciplinary disclosures
DBS Investment Advisers, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
How it’s paid
- A percentage of assets under management
- Hourly charges
- Other
Form ADV and brochures on the SEC’s adviser search ↗dbsia.net ↗
AtlasMembers
The full record on DBS Investment Advisers, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 6 years of filings
- Locked
- Growth over one, three and five years
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- Rank against 6,484 peers of its type and size
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- Owners and executives, with titles and stakes
- 1 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does DBS Investment Advisers, LLC manage?
DBS Investment Advisers, LLC reports $280 million in regulatory assets under management across 973 accounts, 100% of it on a discretionary basis, on its Form ADV filed February 2, 2026.
What kind of firm is DBS Investment Advisers, LLC?
DBS Investment Advisers, LLC is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are DBS Investment Advisers, LLC’s clients?
By assets, its largest client types are pension and profit sharing plans ($123 million, 68 clients); high-net-worth individuals ($107 million, 35 clients); individuals ($50 million, 488 clients).
Does DBS Investment Advisers, LLC have any disciplinary history?
DBS Investment Advisers, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is DBS Investment Advisers, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-02-02), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →