Dock Street Asset Management Inc

Dock Street Asset Management Inc is a registered investment adviser based in Palm Beach, Florida, established in 1989 by Daniel A. Ogden. The firm specializes in providing personalized portfolio management services, offering discretionary portfolio management tailored to meet clients' investment objectives. Clients are required to grant discretionary authority to manage their accounts, allowing the firm to make investment decisions without prior approval. The firm's investment strategies include long-term and short-term purchases, option writing, and advice on various types of securities, such as equity securities, fixed income securities, mutual funds, ETFs, and options. Dock Street charges a flat fee of 0.70% of household assets annually for new clients, with legacy clients potentially on a different fee schedule. The firm generally requires a minimum investment of $10 million to establish a client relationship, which may be waived or reduced at the firm's discretion. The firm acts as a fiduciary when providing investment advice, ensuring that client interests are prioritized. Clients have the option to grant discretionary authority over their accounts, allowing the firm to manage investments on their behalf. The firm does not accept performance-based fees or engage in side-by-side management. Clients receive quarterly reports detailing account holdings, performance, and realized gains and losses. Dock Street does not receive soft dollar benefits from custodial arrangements or trading commissions. The firm's brokerage practices involve recommending custodial services from various providers, including Charles Schwab & Co. The firm may engage in block trading and does not receive client referrals for compensation. Clients' privacy and data security are prioritized, with policies in place to safeguard personal information. In case of trade errors, corrective actions are taken to restore clients' accounts. The firm does not participate in class action lawsuits on behalf of clients.