Firm Description and Types of Advisory Services
DJY is an investment adviser providing investment advisory services as well as financial planning
services to individuals, high net worth individuals, pension and profit-sharing plans, trusts,
estates and corporations. DJY was founded in 2004.
Principal Owners
DJY is owned by David J. Yvars, Sr., Chief Executive Officer, Senior Portfolio Manager and Chief
Compliance Officer, and David J. Yvars, Jr., Chief Financial Officer.
Investment Advisory Services
DJY generally advises portfolios on a discretionary basis, although some portfolios may be non-
discretionary. Through personal interviews, DJY gathers information about client assets,
liabilities, investment goals, objectives and time horizon. DJY’s creates customized, structured
portfolios, tailored to each client’s individual risk tolerance. Asset allocation mix may fluctuate
and vary depending on DJY’s recommendations and market conditions.
DJY may provide a detailed financial plan consistent with a client's financial status, investment
objectives and constraints, risk tolerance and tax status. The financial plan may include the
following areas of concern: personal, retirement, investments, tax and cash flow, and death and
disability. The financial plan may also include generic recommendations as to general types of
investment products or specific securities that may be appropriate for the client to purchase
given his or her financial situation and objectives.
Financial Planning
DJY offers financial planning services to clients for which it provides Investment Advisory
Services.
Financial planning services may include a review of all aspects of a client’s current financial
situation, including the following components: cash management, risk management, insurance,
education funding, goal setting, retirement planning, estate and charitable giving planning, tax
planning, and capital needs planning. DJY may meet with the client to review risk tolerance,
financial goals and objectives, and time horizons and may prepare a written financial plan.
Financial planning services are based on the client’s financial situation at the time and are
based on financial information disclosed by the client to DJY. Certain assumptions may be made
with respect to interest and inflation rates and use of past trends and performance of the
market and economy. DJY does not offer any guarantees or promises that client’s financial
goals and objectives will be met. Clients should notify DJY promptly of any changes to the
client’s financial goals, objectives or financial situation as such changes may require a review of
the plan and changes to recommendations.
Tailored Relationships
DJY tailors investment advisory services to the individual needs of the client. The goals and
objectives for each client are documented in our client relationship management system. Client
Profiles are created that reflect the stated goals and objective. DJY clients are allowed to
impose restrictions on the investments in their account. DJY may accept any reasonable
limitation or restriction to discretionary authority on the account placed by the client. All
limitations and restrictions placed on accounts must be presented to DJY in writing.
Fiduciary Statement
DJY and its employees are fiduciaries who must take into consideration the best interests of our
clients. DJY will act with competence, dignity, integrity, and in an ethical manner, when dealing
with clients. DJY will use reasonable care and exercise independent professional judgement
when conducting investment analysis, making investment recommendations, trading,
promoting our services, and engaging in other professional activities.
As a fiduciary, DJY has the obligation to deal fairly with our clients. DJY has the following
responsibilities when working with a client:
• To render impartial advice;
• To make appropriate recommendations based on the client’s needs, financial
circumstances and investment objectives;
• To exercise a high degree of care and diligence to ensure that information is presented
in an accurate manner and not in a way to mislead;
• To have reasonable basis, information, and understanding of the facts in order to
provide appropriate recommendations and representations;
• Disclose any material conflict of interest in writing; and
• Treat clients fairly and equitably.
Wrap Fee Programs
DJY does not participate in a Wrap Fee Program.
Client Assets
As of December 31, 2023, DJY managed approximately $302,555,785 in assets. Approximately
$214,755,440 is managed on a discretionary basis, and approximately $87,800,345 is managed on
a non-discretionary basis.