Individually
Managed Portfolios
for Growth and Income
Dock Street Asset Management, founded in 1989, serves as an independent investment advisor to families and business owners.
Individually
Our services include both asset management and investment advisory for individuals, families, trusts, foundations and small businesses. Our primary asset is the depth and breadth of our Investment Advisor’s experiences specifically managing family assets.
We do not manage mutual funds nor do we operate any type of fund that pools client capital. Each client has their own separate account. All portfolios are individually managed with frequent consultation between clients and portfolio managers.
Ready to Start the Conversation?
We’ll call you, talk about your financial goals, and help you decide if we’re a good fit. Schedule a call online with the link below.
Beyond Wall Street
DOCK STREET
The Client comes first
Independent
Conflicts of interest do not exist — We do not create product, custody client assets or execute trades
Maintain connections with global research and strategy experts
Investment performance is above average for long periods of time
Client assets are managed in separate accounts so that unique circumstances are reflected in portfolio management
Client reports and fees are 100% transparent
Statements and performance are easily understood
The fundamentals of every investment can be clearly articulated
Risk is managed by knowing our investments — not by adopting an excessive number of strategies/positions
Client has a direct relationship with the Investment Principal
Our clients were unhappy Wall Street customers
DOCK STREET’s flexible structure allows clients to choose the custodian of their assets or participate in our low cost arrangement with Charles Schwab & Co.
OUR INVESTMENT
APPROACH
DOCK STREET manages client assets across the full range of objectives from preservation to aggressive growth. For our most conservative clients, we primarily build portfolios comprised of income generating assets with a keen focus on preservation. Our more growth oriented clients have larger allocations to equities including individual stocks and strategic funds.
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.
Conventional measures of growth or value often distort investment realities. Investment outcomes are not necessarily driven by:
- Earnings per share growth
- Dividends
- Positive Cash Flow
To be successful, investors must cut through the fog created by accountants and the press to understand the true economic performance of the stocks they own.
These beliefs lead DOCK STREET to employ the following methods:
- Study the few companies that deliver growth in economic value.
- Design portfolios to weather all kinds of economic environments.
- Simplify the true economic realities of each stock owned.
- Reduce trading activity.
- Focus on after-tax returns.
WHO WE ARE
PRINCIPAL
Daniel A. Ogden
PRESIDENT
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 McGoff
VICE PRESIDENT
Evan has over 10 years experience working at Dock Street, and holds the Series 65 license for Investment Advisor Representatives. He handles the firm’s research and trading operations, as well as its computing systems. Evan also regularly engages with clients, helping them make sense of the markets.
Evan graduated from New York University in 2005. After graduating, he worked for a leading computer forensics firm in their New York and Washington D.C. offices. Evan’s responsibilities included supporting forensic examiners, working on research & development projects and assisting in the firm’s investigations.
Spencer Ogden
VICE PRESIDENT
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.
Marjan Verhelst
CLIENT ASSOCIATE
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.
OUR FEES
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 |
|---|---|
| Accounts up to $500,000 | 1.25% |
| Accounts between $500,000 to $5 million | 0.75% |
| Accounts 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.
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