Demarche

Discretionary Management Services, LLC (DMS) is a registered investment adviser established in 2007, offering discretionary investment management services to institutional clients. DMS tailors its services to meet clients' specific needs, providing services on both discretionary and non-discretionary bases. As of December 31, 2024, DMS managed $185,292,808 in assets on a discretionary basis. The firm charges fees based on a percentage of assets under management (AUM) or a negotiated flat fixed fee. DMS may also accept performance-based fees in limited circumstances. DMS serves institutional clients such as pension plans, trusts, and high-net-worth individuals, with no minimum account size but a minimum annual fee of $50,000 per client. The firm's investment strategies involve diversified asset allocation and risk management, with a focus on global macro strategies. DMS uses internally developed research and analysis, along with DeMarche's resources, for investment decision-making. DMS has no disciplinary history and provides services to clients with transparency and ethical standards. The firm does not engage in directed brokerage and maintains regular client account reviews. DMS has custody of GTAA Fund, LLC's assets and exercises investment discretion within client guidelines. Clients receive quarterly account statements from qualified custodians.