AdvisorCensus / Financial advisors / Dover Investment Advisory Corporation
Dover Investment Advisory Corporation
Filed as DOVER INVESTMENT ADVISORY CORPORATION
Dover Investment Advisory Corporation is an SEC-registered investment advisory firm, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated November 12, 2025.
Quick answers
From the filingHow is Dover Investment Advisory Corporation compensated?
On its Form ADV (Item 5.E, October 2026), Dover Investment Advisory Corporation reports these compensation arrangements: a percentage of assets under its management.
How much does Dover Investment Advisory Corporation charge?
Its Form ADV Part 2A brochure dated November 12, 2025 states: Up to $3,000,000: 0.5% a year; $3,000,000 to $5,000,000: 0.375% a year; Above $5,000,000: 0.25% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Is Dover Investment Advisory Corporation registered with the SEC or a state?
Dover Investment Advisory Corporation is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 123499.
How much does Dover Investment Advisory Corporation manage?
Dover Investment Advisory Corporation reports $135,408,889 in regulatory assets under management in its Form ADV filing dated November 12, 2025 (100% discretionary).
How have Dover Investment Advisory Corporation's assets and staff changed since 2021?
In the Form ADV data for Dover Investment Advisory Corporation: Regulatory assets under management: $103,181,354 in the October 2021 data and $135,408,889 in the October 2026 data, up 31%. Total employees: 1 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Dover Investment Advisory Corporation serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (30); individuals (other than high net worth individuals) (15).
Which custodians does Dover Investment Advisory Corporation use?
Dover Investment Advisory Corporation's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets.
Does Dover Investment Advisory Corporation 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/123499
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2A| Assets | Annual rate |
|---|---|
| Up to $3,000,000 | 0.5% |
| $3,000,000 to $5,000,000 | 0.375% |
| Above $5,000,000 | 0.25% |
The brochure's wording
0.50% on the first $3 million in assets under management 0.375% on the assets under management over $3 million, but less than $5 million 0.25% on all assets under management over $5 million
As stated in the firm's Form ADV Part 2A brochure dated November 12, 2025. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$135,408,889 as of October 2026, filing dated November 12, 2025.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for individuals and/or small businesses
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2018 (7 years)
- Employees
- Total: 1. Performing investment advisory functions: 1.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $135,408,889 | 1 | November 12, 2025 |
| October 2025 | $126,880,907 | 1 | November 26, 2024 |
| October 2024 | $112,341,101 | 1 | November 13, 2023 |
| October 2023 | $109,959,279 | 1 | August 30, 2023 |
| October 2022 | $125,659,706 | 1 | November 16, 2021 |
| October 2021 | $103,181,354 | 1 | November 5, 2020 |
Regulatory assets under management: $103,181,354 in the October 2021 data and $135,408,889 in the October 2026 data, up 31%.
Total employees: 1 in October 2021 and 1 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 monthsNo changes to these filed facts in the last 12 months of filing data.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Dover Investment Advisory Corporation (CRD 123499): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/dover-investment-advisory-corporation-123499