{
  "crd_number": 323134,
  "slug": "dunbar-associates-llc-monroe-ct-323134",
  "primary_business_name": "DUNBAR ASSOCIATES, LLC",
  "legal_name": "DUNBAR ASSOCIATES, LLC",
  "dbas": [],
  "city": "Monroe",
  "state": "CT",
  "country": "United States",
  "cbsa_code": "14860",
  "metro": {
    "cbsa_code": "14860",
    "common_name": "Bridgeport",
    "msa_name": "Bridgeport-Stamford-Danbury, CT",
    "path": "/advisors/ct/bridgeport"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-10-27",
  "years_registered": 3,
  "period": "2026-10-01",
  "filing_date": "2026-08-05",
  "carried_forward": false,
  "raum_total": 307487000.0,
  "raum_discretionary": 241300600.0,
  "raum_non_discretionary": 66186400.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 31487000.0,
      "count": 103
    },
    "pension_profit_sharing": {
      "raum": 145550000.0,
      "count": 98
    },
    "high_net_worth_individuals": {
      "raum": 96450000.0,
      "count": 101
    },
    "corporations_other_businesses": {
      "raum": 34000000.0,
      "count": 6
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 2,
  "states_registered": [
    "CT"
  ],
  "websites": [
    "https://dunbarassociatesllc.com",
    "https://linkedin.com/in/keith-cuomo-cfbs"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/323134",
  "disclosure_items": [
    {
      "item": "11.D(1)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?"
    },
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    }
  ],
  "city_as_filed": "MONROE",
  "url": "https://advisorcensus.com/firm/dunbar-associates-llc-monroe-ct-323134",
  "display_name": "Dunbar Associates, LLC",
  "summary": "Dunbar Associates, LLC is an SEC-registered investment advisory firm in Monroe, CT, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 5, 2026.",
  "citation": "AdvisorCensus. Dunbar Associates, LLC (CRD 323134): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Dunbar Associates, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Dunbar Associates, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Dunbar Associates, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated August 5, 2026 states: Asset-based fee: 0.5% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Dunbar Associates, LLC located?",
      "a": "Dunbar Associates, LLC's principal office is in Monroe, CT, according to its Form ADV."
    },
    {
      "q": "Is Dunbar Associates, LLC registered with the SEC or a state?",
      "a": "Dunbar Associates, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 323134."
    },
    {
      "q": "How much does Dunbar Associates, LLC manage?",
      "a": "Dunbar Associates, LLC reports $307,487,000 in regulatory assets under management in its Form ADV filing dated August 5, 2026 (78% discretionary)."
    },
    {
      "q": "How have Dunbar Associates, LLC's assets and staff changed since 2023?",
      "a": "In the Form ADV data for Dunbar Associates, LLC: Regulatory assets under management: $109,866,092 in the October 2023 data and $307,487,000 in the October 2026 data, up 180%. Total employees: 2 in October 2023 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Dunbar Associates, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (103); high net worth individuals (101); pension and profit sharing plans (but not the plan participants or government pension plans) (98)."
    },
    {
      "q": "Which custodians does Dunbar Associates, LLC use?",
      "a": "Dunbar Associates, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Empower as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Dunbar Associates, LLC report any disciplinary disclosures?",
      "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(1) (another regulator's finding of a false statement or omission, or of dishonest, unfair, or unethical conduct) and 11.D(2) (another regulator's finding of a violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/323134"
    },
    {
      "q": "Does Dunbar Associates, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated August 5, 2026 says: \"Dunbar Associates generally does not impose a minimum relationship size.\""
    },
    {
      "q": "What changed in Dunbar Associates, LLC's recent Form ADV filings?",
      "a": "In the September 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 109866092.0,
      "total_employees": 2,
      "filing_date": "2023-03-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 213240000.0,
      "total_employees": 3,
      "filing_date": "2024-03-22"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 267053000.0,
      "total_employees": 3,
      "filing_date": "2025-03-07"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 307487000.0,
      "total_employees": 3,
      "filing_date": "2026-08-05"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $267,053,000 to $307,487,000 (+15%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated August 5, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.5% to 1.5% a year",
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.5% to 1.5% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Investment advisory fees range from 0.50% to 1.50% annually based on several factors, including: the scope and complexity of the services to be provided; the level of assets to be managed; and the overall relationship with the Advisor."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Dunbar Associates generally does not impose a minimum relationship size."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.5,
        1.5
      ],
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Investment advisory fees range from 0.50% to 1.50% annually based on several factors, including: the scope and complexity of the services to be provided; the level of assets to be managed; and the overall relationship with the Advisor.",
      "Dunbar Associates generally does not impose a minimum relationship size."
    ],
    "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": "Empower",
      "name_as_filed": "EMPOWER",
      "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/dunbar-associates-llc-monroe-ct-323134.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 103,
      "fewer_than_5": false,
      "raum": 31487000.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 101,
      "fewer_than_5": false,
      "raum": 96450000.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 98,
      "fewer_than_5": false,
      "raum": 145550000.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 6,
      "fewer_than_5": false,
      "raum": 34000000.0
    }
  ],
  "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.",
  "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/323134",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}