Dale Q. Rice Investment Management, Ltd (hereinafter called “DQR”) is a Registered
Investment Adviser based in Vancouver, Washington, and incorporated under the laws of the
State of Washington. DQR is wholly owned by Dale Q. Rice. DQR became registered with
the U.S. Securities and Exchange Commission in March 2022 and subject to its rules and
regulations. Founded in September 2020, DQR provides investment advisory services, which
may include, but are not limited to, the review of client investment objectives and goals,
recommending asset allocation strategies of managed assets among investment products such
as cash, stocks, mutual funds and bonds, annuities, and/or preparing written investment
strategies. Subaccounts of variable annuities may be managed by DQR. Our investment
advice is tailored to meet our clients’ needs and investment objectives. Therefore, DQR will
make reasonable efforts to document and annually update client suitability information. This
information will include: Age (or date of birth), Annual income, Total net worth (excluding
primary residence), Liquid net worth, Employment status (if retired, former profession. If self-
employed, type of business), Fair market value of primary residence (and outstanding debt),
Tax status, which includes, type of account (natural person, entity, IRA, etc.), tax bracket, or
tax strategy for the account(s), Investment objectives (should be defined to ensure client
understanding), Investment experience (time/investment products), Investment time horizon,
Liquidity (cash flow) needs, Risk tolerance, Other investments (types of investments held
elsewhere), Any other information the client may disclose to the investment adviser in
connection with such recommendation or investment advice; and Any other relevant
information the investment adviser should ask based on the investment adviser’s strategy (for
example, source of funds for the purpose of this investment). Clients may impose restrictions
on investing in certain securities or types of securities (such as a product type, specific
companies, specific sectors, etc.) by providing a signed and dated written notification, of
which an e-mail is also an acceptable form of notification.
DQR also provides financial
planning consulting services including, but not limited to, risk assessment/management,
investment planning, estate planning, financial organization, or financial decision
making/negotiation.
DQR provides investment advisory and other financial services through its Investment Advisory
Representatives ("IAR") to accounts opened with DQR. Managed accounts are available to
individuals and high net worth individuals.
DQR provides discretionary and non-discretionary investment advisory services to some of its
clients through various managed account programs. As a discretionary investment adviser, DQR
will have the authority to supervise and direct the portfolio without prior consultation with the
client. Non-discretionary accounts require client approval. DQR will assist clients in
determining the suitability of the managed account(s) for the client. The IAR is compensated
through a comprehensive single fee. DQR and its IAR, as appropriate, will be responsible for the
following:
• Performing due diligence
• Recommending strategic asset and style allocations
• Providing research on investment product options, as needed
• Providing client risk profile questionnaire
• Obtaining investment advisory contract from client with required financial, risk tolerance,
suitability and investment vehicle selection information for each new account
• Performing client suitability check on account documentation, review the investment
objectives and evaluate the investment vehicle selections
• Providing Firm Brochure (this document)
DQR may recommend a Wrap Fee Program for the client’s account(s). A “wrap fee program” for
purposes of the SEC is a program under which investment advisory and brokerage execution
services are provided for a single “wrapped” fee that is not based on the transactions in a client
account. Clients with Wrap Fee Program accounts will be provided with DQR’s Wrap Fee
Brochure. DQR only offers management services through a wrap free program.
As of March 31, 2023, the firm manages $88,159,520 discretionary client assets and $2,063,620
non-discretionary client assets.
Form ADV, Part 2A, Item 5