{
  "crd_number": 104662,
  "slug": "dillon-and-associates-inc-jackson-mi-104662",
  "primary_business_name": "DILLON & ASSOCIATES INC",
  "legal_name": "DILLON & ASSOCIATES INC",
  "dbas": [],
  "city": "Jackson",
  "state": "MI",
  "country": "United States",
  "cbsa_code": "27100",
  "metro": {
    "cbsa_code": "27100",
    "common_name": "Jackson",
    "msa_name": "Jackson, MI",
    "path": "/advisors/mi/jackson"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1988-03-04",
  "years_registered": 38,
  "period": "2026-10-01",
  "filing_date": "2026-06-30",
  "carried_forward": false,
  "raum_total": 916399032.0,
  "raum_discretionary": 164175620.0,
  "raum_non_discretionary": 752223412.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 8,
  "advisory_employees": 4,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 45786397.0,
      "count": 9
    },
    "individuals": {
      "raum": 330471339.0,
      "count": 328
    },
    "banking_thrift": {
      "raum": null,
      "count": 0
    },
    "state_municipal": {
      "raum": null,
      "count": 0
    },
    "insurance_companies": {
      "raum": null,
      "count": 0
    },
    "investment_companies": {
      "raum": null,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 87068594.0,
      "count": 17
    },
    "other_investment_advisers": {
      "raum": null,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 453072702.0,
      "count": 40
    },
    "pooled_investment_vehicles": {
      "raum": null,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": null,
      "count": 0
    },
    "business_development_companies": {
      "raum": null,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": null,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "MI",
    "OH",
    "TX"
  ],
  "websites": [
    "https://dillon-assoc.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/104662",
  "city_as_filed": "JACKSON",
  "url": "https://advisorcensus.com/firm/dillon-and-associates-inc-jackson-mi-104662",
  "display_name": "Dillon & Associates Inc",
  "summary": "Dillon & Associates Inc is an SEC-registered investment advisory firm in Jackson, MI, registered since 1988, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated June 30, 2026.",
  "citation": "AdvisorCensus. Dillon & Associates Inc (CRD 104662): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Dillon & Associates Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Dillon & Associates Inc reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Dillon & Associates Inc charge?",
      "a": "Its Form ADV Part 2A brochure dated June 30, 2026 states: Up to $2,000,000: 0.8% a year; $2,000,000 to $4,000,000: 0.7% a year; Above $4,000,000: 0.6% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Dillon & Associates Inc located?",
      "a": "Dillon & Associates Inc's principal office is in Jackson, MI, according to its Form ADV."
    },
    {
      "q": "Is Dillon & Associates Inc registered with the SEC or a state?",
      "a": "Dillon & Associates Inc is an SEC-registered investment advisory firm, registered since 1988. Status as filed: Approved. CRD 104662."
    },
    {
      "q": "How much does Dillon & Associates Inc manage?",
      "a": "Dillon & Associates Inc reports $916,399,032 in regulatory assets under management in its Form ADV filing dated June 30, 2026 (18% discretionary)."
    },
    {
      "q": "How have Dillon & Associates Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Dillon & Associates Inc: Regulatory assets under management: $577,019,116 in the October 2021 data and $916,399,032 in the October 2026 data, up 59%. Total employees: 6 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Dillon & Associates Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (328); high net worth individuals (40); pension and profit sharing plans (but not the plan participants or government pension plans) (17)."
    },
    {
      "q": "Which custodians does Dillon & Associates Inc use?",
      "a": "Dillon & Associates Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Dillon & Associates Inc report any disciplinary disclosures?",
      "a": "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/104662"
    },
    {
      "q": "What changed in Dillon & Associates Inc's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Employees performing advisory functions went from 3 to 4."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 577019116.0,
      "total_employees": 6,
      "filing_date": "2021-09-24"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 698429706.0,
      "total_employees": 6,
      "filing_date": "2022-03-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 555897027.0,
      "total_employees": 6,
      "filing_date": "2023-03-24"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 656462311.0,
      "total_employees": 7,
      "filing_date": "2024-04-08"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 852711142.0,
      "total_employees": 6,
      "filing_date": "2025-03-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 916399032.0,
      "total_employees": 8,
      "filing_date": "2026-06-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Employees performing advisory functions went from 3 to 4."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 2 to 3."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 30, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $2,000,000",
        "rate": "0.8%"
      },
      {
        "band": "$2,000,000 to $4,000,000",
        "rate": "0.7%"
      },
      {
        "band": "Above $4,000,000",
        "rate": "0.6%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $2,000,000: 0.8% a year",
          "$2,000,000 to $4,000,000: 0.7% a year",
          "Above $4,000,000: 0.6% a year"
        ],
        "quotes": [
          "Fees are based on the assets under management based on the following schedule: \n \n 0.8% on the first $2,000,000 \n 0.7% on the next $2,000,000 \n 0.6% on all remaining assets"
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 2000000.0,
          "rate_pct": 0.8
        },
        {
          "min": 2000000.0,
          "max": 4000000.0,
          "rate_pct": 0.7
        },
        {
          "min": 4000000.0,
          "max": null,
          "rate_pct": 0.6
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Fees are based on the assets under management based on the following schedule: \n \n 0.8% on the first $2,000,000 \n 0.7% on the next $2,000,000 \n 0.6% on all remaining assets"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/dillon-and-associates-inc-jackson-mi-104662.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 328,
      "fewer_than_5": false,
      "raum": 330471339.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 40,
      "fewer_than_5": false,
      "raum": 453072702.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 17,
      "fewer_than_5": false,
      "raum": 87068594.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 9,
      "fewer_than_5": false,
      "raum": 45786397.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/104662",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}