# Dahring | Cusmano and Associates

> Dahring | Cusmano and Associates is an SEC-registered investment advisory firm in Novi, MI, registered since 2019, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated September 4, 2026.

- CRD: 301236
- Filed as: DAHRING | CUSMANO AND ASSOCIATES
- Legal name: Dahring | Cusmano LLC
- Also doing business as: DAHRING | CUSMANO, DAHRING | CUSMANO AND ASSOCIATES, DAHRING | CUSMANO INVESTMENT PROFESSIONALS, DCA401(K)
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Novi, MI
- Filing period: October 2026
- Form ADV filing dated: September 4, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/301236
- AdvisorCensus page: https://advisorcensus.com/firm/dahring-cusmano-and-associates-novi-mi-301236

## Quick answers

**How is Dahring | Cusmano and Associates compensated?**
On its Form ADV (Item 5.E, October 2026), Dahring | Cusmano and Associates reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**What does Dahring | Cusmano and Associates' brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 24, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Dahring | Cusmano and Associates located?**
Dahring | Cusmano and Associates' principal office is in Novi, MI, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Dahring | Cusmano and Associates registered with the SEC or a state?**
Dahring | Cusmano and Associates is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 301236.

**How much does Dahring | Cusmano and Associates manage?**
Dahring | Cusmano and Associates reports $781,384,466 in regulatory assets under management in its Form ADV filing dated September 4, 2026 (94% discretionary).

**How have Dahring | Cusmano and Associates' assets and staff changed since 2021?**
In the Form ADV data for Dahring | Cusmano and Associates: Regulatory assets under management: $377,899,797 in the October 2021 data and $781,384,466 in the October 2026 data, up 107%. Total employees: 10 in October 2021 and 18 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Dahring | Cusmano and Associates serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (709); high net worth individuals (154); corporations or other businesses not listed above (21).

**Which custodians does Dahring | Cusmano and Associates use?**
Dahring | Cusmano and Associates' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Dahring | Cusmano and Associates report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/301236

**Does Dahring | Cusmano and Associates state an account minimum?**
Its Form ADV Part 2A brochure dated March 24, 2026 says: "Dahring | Cusmano does not impose a minimum portfolio size or a minimum initial investment to open an account."

**What changed in Dahring | Cusmano and Associates' recent Form ADV filings?**
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 24, 2026)

- Asset-based fee: up to 2% of assets a year (the maximum the brochure states)

> The advisory fee percentage charged to a client may be up to 2.0% on an annual basis.

> Retirement plan advisory clients will be charged an annual fixed fee, an hourly consulting fee or an asset based fee.

- Account minimum: None

> Dahring | Cusmano does not impose a minimum portfolio size or a minimum initial investment to open an account.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- National Financial Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $781,384,466
- Discretionary: $733,097,957
- Non-discretionary: $48,286,509

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 709 | $183,448,298 |
| High net worth individuals | 154 | $298,109,308 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 21 | $299,826,860 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 2019 (7 years)
- Employees: 18 total, 9 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, IL, IN, KY, MI, OH, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Troy, MI

### Websites listed on Form ADV (Item 1.I)
- dca401k.com
- Facebook @dca401k
- Instagram @dahringcusmano
- LinkedIn @dahring-cusmano-and-associates
- X @dca401k
- YouTube @dca401k

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $377,899,797 | 10 | March 23, 2021 |
| October 2022 | $466,327,583 | 10 | May 18, 2022 |
| October 2023 | $435,845,444 | 10 | March 22, 2023 |
| October 2024 | $535,130,456 | 11 | May 2, 2024 |
| October 2025 | $707,083,065 | 13 | April 14, 2025 |
| October 2026 | $781,384,466 | 18 | September 4, 2026 |

Regulatory assets under management: $377,899,797 in the October 2021 data and $781,384,466 in the October 2026 data, up 107%.
Total employees: 10 in October 2021 and 18 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 4 to 9.
- Regulatory assets under management went from $707,083,065 to $781,384,466 (+11%).
- Registered or notice-filed in IN, KY.

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Dahring | Cusmano and Associates (CRD 301236): Form ADV filing data as of October 2026.