THE DALA GROUP, LLC
Adviser information for THE DALA GROUP, LLC last updated from Form ADV on February 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Illinois, United States |
Employees
| Total Number of Employees | 4 |
|---|---|
| Investment Advisory/Research | 3 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 3 |
| Licensed Agents of an Insurance Company | 3 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 739 | $123.0M |
| Non-Discretionary | 14 | $4.8M |
| Total | 753 | $127.9M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 155 | $46.8M |
| HNW Individuals | 54 | $79.1M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | <5 | $2.0M |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 24 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 11-25 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting services |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 117.3M |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| THE DALA GROUP, LLC WRAP PROGRAM | THE DALA GROUP, LLC |
Identifiers
| SEC RIA File Number | 801-127948 |
|---|---|
| SEC ERA File Number | 801-127948 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 291828 |
| Legal Entity Identifier | None |
Principal Office
2815 FORBS AVE, SUITE 107HOFFMAN ESTATES
IL
United States
Monday - Friday, BY APPOINTMENT
Tel: 847-485-0248, Fax: None
Chief Compliance Officer
MICHAEL HEATWOLE
FOUNDER & CEO
2815 FORBS AVE, SUITE 107
HOFFMAN ESTATES
IL
United States
Tel:
847-485-0248
M********@***************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| HEATWOLE, MICHAEL, DAVID | Individual | – | MANAGEMENT MEMBER & CHIEF COMPLIANCE OFFICER | 03/2018 | < 5% |
| MIKE HEATWOLE REVOCABLE LIVING TRUST | Domestic Entity | – | OWNER | 06/2021 | > 75% |
| HEATWOLE, MICHAEL, DAVID | Individual | MIKE HEATWOLE REVOCABLE LIVING TRUST | SOLE TRUSTEE | 06/2021 |