Downtown Investment Advisory

Downtown Investment Advisory is a New York-based firm established in 2013 and registered with the U.S. Securities and Exchange Commission since 2017. The firm specializes in managing investments in separate managed accounts, where clients retain ownership of securities held by a third-party custodian. Downtown Investment Advisory acts as a fiduciary, managing client assets on a discretionary basis in accordance with clients' best interests. The firm primarily focuses on providing fixed income solutions, creating custom portfolios with yields ranging from 3% to 9% per annum. Additionally, they offer investment services in the stock market, primarily allocating assets to index ETFs. The minimum account size is $1,000,000, which may be waived at the firm's discretion. Downtown Investment Advisory charges a negotiable fee based on the market value of client accounts, ranging from 0.90% to 1.00% per annum, depending on the client type. The firm does not charge performance-based fees and does not participate in wrap fee programs. Clients have the option to be billed directly or have fees withdrawn from their accounts. Downtown Investment Advisory conducts regular portfolio reviews and provides clients with written performance reports at least annually. The firm does not vote proxies on behalf of clients and does not handle client claims in class action lawsuits. Clients have full custody of their assets with an independent custodian, and the firm does not have physical custody except for fee payment purposes. DIA does not have any disciplinary actions or financial conditions that may impair its ability to meet client commitments.