Diversified Portfolios, Inc.

Diversified Portfolios, Inc. is a Michigan corporation established in 1993, offering personalized discretionary investment management services based on clients' goals, objectives, and risk tolerance. The firm focuses on broad diversification and long-term asset allocation among equities, fixed income, and cash. Acting as a fiduciary, they manage accounts on a discretionary basis, selecting securities without specific client consent. Clients can set restrictions on investments in writing. The firm also provides additional discretionary advice for retirement accounts for an extra fee. They may recommend working with other professionals for wealth management issues. Diversified Portfolios, Inc. charges fees based on a tiered schedule linked to the market value of assets under management. They do not charge performance-based fees and cater to various client types, including individuals, high net-worth individuals, and organizations. The firm's investment strategies focus on asset allocation, diversification, and long-term commitment. They use low-cost index funds and occasionally individual securities. Diversified Portfolios, Inc. does not have custody of client assets and uses Charles Schwab & Co., Inc. as a custodian. The firm does not engage in directed brokerage or soft dollar arrangements. Clients receive quarterly reports and have the option to review and vote on proxies for their securities. The firm has no disciplinary events to disclose and offers a detailed breakdown of their financial information and fee structure. Clients can request the full Brochure and supplements from the Chief Compliance Officer.