DILLON & ASSOCIATES INC

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Adviser Profile
As of Date 04/08/2024
Adviser Type - Large advisory firm
Number of Employees 7 16.67%
of those in investment advisory functions 3
Registration SEC, Approved, 3/4/1988
AUM* 656,462,311 18.09%
of that, discretionary 77,686,124 -9.44%
Private Fund GAV* 0
Avg Account Size 810,447 10.66%
% High Net Worth 9.44% -3.24%
SMA’s Yes
Private Funds 0
Contact Info 517 xxxxxxx
Websites

Client Types

- Individuals (other than high net worth individuals)
- High net worth individuals
- Pension and profit sharing plans
- Charitable organizations

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Pension consulting services

Compensation Arrangments

- A percentage of assets under your management
- Fixed fees (other than subscription fees)

Recent News

Reported AUM

Discretionary
Non-discretionary
598M 512M 427M 342M 256M 171M 85M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds

No private funds

Employees

Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
Stck Ticker67066G104 Stock NameNVIDIA Corp $ Position$121,023 % Position17.00% $ Change-5.00% # Change-2.00%
Stck Ticker037833100 Stock NameApple Inc $ Position$65,326 % Position9.00% $ Change10.00% # Change-1.00%
Stck Ticker02079K305 Stock NameAlphabet Inc Cl A $ Position$32,651 % Position5.00% $ Change-9.00% # Change0.00%
Stck Ticker670100205 Stock NameNovo-Nordisk A-S ADR $ Position$33,727 % Position5.00% $ Change-16.00% # Change0.00%
Stck Ticker92826C839 Stock NameVisa Inc $ Position$32,372 % Position5.00% $ Change6.00% # Change1.00%
Stck Ticker863667101 Stock NameStryker Corp $ Position$31,152 % Position4.00% $ Change8.00% # Change2.00%
Stck Ticker548661107 Stock NameLowe's Companies Inc $ Position$21,034 % Position3.00% $ Change22.00% # Change-1.00%
Stck Ticker002824100 Stock NameAbbott Laboratories $ Position$23,980 % Position3.00% $ Change12.00% # Change2.00%
Stck Ticker053015103 Stock NameAutomatic Data Proc $ Position$19,152 % Position3.00% $ Change16.00% # Change0.00%
Stck Ticker02079K107 Stock NameAlphabet Inc Cl C $ Position$10,698 % Position2.00% $ Change-9.00% # Change0.00%

Brochure Summary

Overview

Dillon & Associates, Inc. is a privately-owned corporation established in 1988. Jeffrey P. Dillon and Eric J. Grasse are the only shareholders. Jeffrey P. Dillon owns the majority of all outstanding shares. Our firm provides investment advice to clients on an ongoing basis. Our advice usually involves individual equities (domestic and foreign), corporate and municipal bonds, United States government securities, and certificates of deposit. We may also provide recommendations regarding mutual funds, warrants, rights offerings, and commercial paper. We make recommendations specific to each client in an effort to meet their individual needs and objectives. Portfolio holdings vary across client accounts depending on their goals. For example, a high net worth individual earning a large salary focused on growing his assets will own different assets than a retired couple focused on generating income to meet day-to-day expenses. The high-net-worth individual will likely be willing to assume greater price volatility and need little or no income; he may own a portfolio consisting only of individual stocks that pay little or no dividends. The retired couple may desire price stability and a consistent stream of income, and therefore invest in a combination of stocks paying a dividend and bonds. We are fiduciaries under the
Investment Advisers Act of 1940 and when we provide investment advice to you regarding your retirement plan account or individual retirement account, we are also fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act (ERISA) and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. We have to act in your best interest and not put our interest ahead of yours. When providing investment management services to retirement plans, we may exercise discretionary authority or control over plan investments. If the plan is subject to ERISA, we perform these services as a fiduciary and investment manager under ERISA Sections 3(21) and 3(38), respectively. As such, we assume fiduciary responsibility for the selection, monitoring, and replacement of investment options in the plan. We are legally required to act with the degree of diligence, care, and skill that a prudent person rendering similar services would exercise under similar circumstances. Our recommendations will incorporate client preferences or restrictions, such as avoiding “sin” stocks (alcohol, tobacco, gambling) or maintaining a specific asset allocation (mix between stocks, bonds, cash). As of December 31, 2023, we manage $656,462,311. Of this amount, $77,686,124 is discretionary. - - 4 - -