Investment Planning for Families and Individuals
DOCK STREET, founded in 1989, provides Investment Planning for families and individuals.
We reduce the uncertainty and anxiety our clients face as they search for answers to questions like these:
- Do I have enough?
- Will I have enough?
- How will I get there?
Working together with our clients we develop an Investment Plan that maps out their financial future. Our plans can never eliminate the uncertainty clients feel in the short-term, but by focusing attention on the long-term outcomes available to investors, a certain level of calm can be achieved. We’ve seen it happen—and getting to this place with clients is what makes our work satisfying and rewarding.
Here’s how we do it:
- We work closely with you to understand your financial goals and determine what level of risk is appropriate
- We manage client accounts separately—the account(s) are in your name
- We have limited authority over accounts—trading primarily
- We do have investment discretion over what individual investments are purchased
- We charge a simple fee based on the assets managed—our interests are aligned with yours
- We prioritize performance transparency—we are happy to share what the past 15 years have looked like at Dock Street
- We don’t manage mutual funds or any other pooled investment partnerships
- We don’t charge commissions
- We don’t charge performance fees
- We don’t sell insurance or any other investment “products”
The DOCK STREET Experience
Our clients are individuals and families who are looking for a long term investment plan and partnership with an experienced advisor.
As an independent firm, we offer a realistic view of your financial future based on long-term trends that allow you to maintain or enhance your standard of living well beyond retirement.
DOCK STREET brings over 30 years of financial expertise to the investment planning process. Since 1989 this has resulted in a client service experience that includes:
Simple Decision Making
Dock Street decides which individual investments to own. Unlike stock brokers, we don’t recommend investments, we buy them. We accept the responsibility of our decisions and want to be judged based on the performance of the entire portfolio, not on the success or failure of each investment.
Individualized Asset Mix
While we want the responsibility of deciding what individual securities are in portfolios, we collaborate with clients to determine the mix of low risk and higher risk assets within their portfolio. In addition, all accounts are managed separately to ensure unique circumstances are reflected in the portfolio
We do not sell or create investment products, act as a custodian of client assets, or execute trades.
Data-Driven Investment Strategy
Investment decisions are rooted in our deep understanding of financial analysis and the competitive advantages of market-leading companies.
We only work with a small number of clients; clients have direct access to the entire Dock Street team.
Ready to Start the
The DOCK STREET Investment Planning Process
DOCK STREET manages client assets across the full range of objectives from wealth preservation to aggressive growth.
For our most conservative clients, we build portfolios comprised of income-generating assets with a focus on capital preservation, while providing sufficient growth to outpace inflation over time. Our more growth-oriented clients have larger allocations to equities with a focus on owning individual stocks that can compound over long periods.
Dock Street focuses on finding equity investments that provide sustainable growth in economic value for its clients. The firm believes the following:
Only a small percentage of all public companies provide investors with the potential for growth in value.
Most companies are actively destroying shareholder value – even some that show earnings growth.
To be successful, an investor must cut through the fog created by corporate accounting standards and the media narratives.
We believe certain companies, through talent or luck, have inherent advantages over competitors.
Conventional measures of investment analysis don’t sufficiently focus on longer-term returns.
We believe in businesses, not the stock market.
These beliefs lead us to develop the DOCK STREET Investment Planning Philosophy
- Study the few companies that deliver growth in economic value
- Design portfolios to weather all manner of economic cycles
- Focus on the fundamental factors that drive sustainable profit growth
- Reduce trading activity
- Focus on after-tax returns so clients keep more of what they earn
Learn more about Dock Street’s investment philosophy
The DOCK STREET Financial Planning Process
Our financial planning process directly informs our Dock Street investment plan, where we tailor our clients’ portfolios to help achieve their financial goals.
Dock Street provides peace of mind through plans that work for the here and now while securing your future lifestyle.
By understanding our clients’ financial goals and vision for the future, we develop a plan that reduces anxiety over finances. Building a plan enables clients to prioritize and take action on critical decisions that focus on long-term impact.
Whether it is planning for college or retirement, purchasing a new home or preserving your estate, Dock Street is a long-term partner for our clients, often spanning generations.
Planning is a partnership, not a one-time conversation.
Ready to Start the Conversation?
We’ll call you, talk about your financial goals, and help you
decide if we’re a good fit. Yeah, it’s that easy.
Who We Are
Daniel A. Ogden
An investor for over thirty five years, Dan has been involved in a number of entrepreneurial activities. His success from those efforts drew him to the financial markets and led to the 1989 creation of DOCK STREET.
Shortly after graduating as a history and economics major from Michigan State University, Dan co-founded a mail-order marketer of chimney cleaning equipment. This business as well as those that were formed in later years provided attractive returns and gave Dan the initial capital to accelerate his investment activities.
Over 35 years ago Dan began managing assets when he served as General Partner for several commercial real estate partnerships in New York City. The buildings were sold in 1985 demonstrating positive returns for the investors. Early in his career, Dan began studying Warren Buffett’s writings. He concluded that the practical experience of creating, operating and selling businesses could be applied to the investment profession. In 1986, Dan became active as an investment advisor for the Windmill Group, a securities brokerage firm. During those early years in the investment field, Dan began attending the Berkshire Hathaway annual shareholder’s meeting.
Dan believes that evaluating investments with an entrepreneurial eye is one of the most critical factors in achieving long term attractive returns from public market investing.
Client Service Professionals
Evan has over 14 years of experience working at Dock Street and holds the Series 65 license for Investment Advisor Representatives. Evan manages Dock Street’s investment research and trading operations.
Evan believes in combining analysis of historical data with reading thousands of pages of company corporate earnings transcripts each year. This results in a watch list of profitable companies that Dock Street narrows down to a select few that are worth owning.
Leveraging his Communications degree from New York University, Evan has an innate ability to make the complex simple. He enjoys frequently engaging directly with clients to help them make sense of the market, specific companies, and the impacts of current events.
A lifelong student of economics and computer science, Spencer is a Chartered Financial Analyst charterholder (CFA) and Chartered Alternative Investment Analyst (CAIA). He has worked in the investment industry for more than 15 years, first at Citigroup and Legg Mason, followed by 13 years at K2 Advisors, a subsidiary of Franklin Templeton which focuses on Hedge Fund investing. There, he developed tools to analyze portfolios of hedge funds and quantitative strategies to provide returns similar to hedge funds with better liquidity. This culminated in his role as portfolio manager for quantitative strategies with more than $700 million under management.
Spencer has long had an interest in microeconomics, both how it influences business, as well personal decisions made by individuals and families. His extensive experience in asset allocation and portfolio construction, has provided the foundation for his current work on retirement income, tax, and inheritance planning. Spencer engages with clients to develop plans to grow assets effectively during early years, and spend them responsibly in later years.
Spencer has a degree in Computer Science from the University of Texas at Austin. He has sailed competitively for more than 30 years as navigator in numerous regattas and offshore races, and has sailed more than 15,000 nautical miles offshore including an Atlantic crossing.
DIRECTOR OF RESEARCH
Adam developed an interest in investing at age 10 when his father had him create charts of stock prices using three years of saved financial sections from the New York Times. After receiving an MBA at Fordham University, Adam formally entered the field as a Securities Analyst working for Donaldson, Lufkin & Jenrette, where he also became a Chartered Financial Analyst charterholder. Ten years into his career, Adam launched Glenville Capital Partners LP, a hedge fund that grew to $40 million in assets, which he ran for 15 years.
Adam has extensive experience in accounting and financial analysis, and he oversees our stock research efforts at Dock Street. In addition to his MBA, he has a Mechanical Engineering degree from The Cooper Union for the Advancement of Science and Art.
Marjan has been an associate of Dock Street since 2001. She has served in many capacities including research analyst, project manager and client service coordinator.
Prior to moving to Connecticut, Marjan spent over seven years with several Belgium offices of General Electric and Grace Dearborn. She was a sourcing specialist and supply chain project manager for both Honeywell Europe and GE Capital Modular Space.
Marjan’s degrees include MA in European Economics, Law and Politics-University of Surrey,UK and Bachelor of Science, Chemistry-Don Bosco,Antwerp, Belgium. She is fluent in Dutch, English, French and German.
MARKETING DIRECTOR & CLIENT SUPPORT
Liz manages Dock Street’s marketing efforts, as well as providing support to clients. Prior to joining Dock Street, Liz was an independent consultant supporting a variety of companies with organizational restructuring, marketing, client relations, hiring, and special projects. During this time, Liz helped to launch a number of organizations. Liz’s work has always centered on solving problems through creative solutions and networking.
Liz holds an MA from King’s College London in Education Policy and a B.A. in Secondary Education-Social Studies from Indiana University. She served as a Peace Corps Romania volunteer, teaching high school English and working at a local orphanage. Liz lives in Seattle with her husband and two sons.
Portfolio Management Services
Оur fee for portfolio management services is based оn а percentage of your assets we manage and is set forth in the following fee schedule:
|Assets Under Management||Annual Fee|
|Assets up to $500,000||1.25%|
|Assets between $500,000 to $5 million||0.75%|
|Assets above $5 million||0.60%|
Оuг annual portfolio management fee is billed and рауablе quarterly in advance based оn the value of your account оn the last day of the previous quarter.
Dock Street is a registered investment advisor. That means we do not charge commissions nor do we participate in the commissions our clients pay. It means we file a Form ADV with the Securities & Exchange Commission each year, a copy of which is available here. We also file a Form CRS, a copy of which is available here. Our fees are based on a percentage of client assets under management – generally 1% or less on an annual basis.