# DFC Preferred Advisors LLC

> DFC Preferred Advisors LLC is an SEC-registered investment advisory firm in Bozeman, MT, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 11, 2026.

- CRD: 309927
- Filed as: DFC PREFERRED ADVISORS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bozeman, MT
- Filing period: October 2026
- Form ADV filing dated: March 11, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/309927
- AdvisorCensus page: https://advisorcensus.com/firm/dfc-preferred-advisors-llc-bozeman-mt-309927

## Quick answers

**How is DFC Preferred Advisors LLC compensated?**
On its Form ADV (Item 5.E, October 2026), DFC Preferred Advisors LLC reports these compensation arrangements: a percentage of assets under its management.

**Where is DFC Preferred Advisors LLC located?**
DFC Preferred Advisors LLC's principal office is in Bozeman, MT, according to its Form ADV.

**Is DFC Preferred Advisors LLC registered with the SEC or a state?**
DFC Preferred Advisors LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 309927.

**How much does DFC Preferred Advisors LLC manage?**
DFC Preferred Advisors LLC reports $228,689,025 in regulatory assets under management in its Form ADV filing dated March 11, 2026 (100% discretionary).

**How have DFC Preferred Advisors LLC's assets and staff changed since 2021?**
In the Form ADV data for DFC Preferred Advisors LLC: Regulatory assets under management: $285,698,474 in the October 2021 data and $228,689,025 in the October 2026 data, down 20%. Total employees: 3 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does DFC Preferred Advisors LLC serve?**
By number of clients on Form ADV Item 5.D: investment companies (1).

**Does DFC Preferred Advisors LLC 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/309927

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $228,689,025
- Discretionary: $228,689,025
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 1 | $228,689,025 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)

### Firm details
- Registered since: 2020 (5 years)
- Employees: 3 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $285,698,474 | 3 | August 17, 2021 |
| October 2022 | $328,021,000 | 3 | March 4, 2022 |
| October 2023 | $216,373,351 | 3 | March 21, 2023 |
| October 2024 | $204,894,174 | 3 | February 28, 2024 |
| October 2025 | $245,368,656 | 3 | March 19, 2025 |
| October 2026 | $228,689,025 | 3 | March 11, 2026 |

Regulatory assets under management: $285,698,474 in the October 2021 data and $228,689,025 in the October 2026 data, down 20%.
Total employees: 3 in October 2021 and 3 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. DFC Preferred Advisors LLC (CRD 309927): Form ADV filing data as of October 2026.