Overview
A. THE COMPANY
Dover Partners, Inc. (alternatively referred to within this brochure as, “Dover Partners”
“Dover,” “the firm,” “our” or “we”) is a privately-owned company in Dayton, Ohio and
was founded in 1989. It has no affiliations with any other company other than its
sub-division - Dover Consulting Group. Its sole owners are employees. Specifically,
Richard A. Campbell and Jackson A. Newell (who are the original founders of the
firm), and in 2020, Joshua A. Smittkamp was rewarded with an ownership position as
a shareholder in the firm.
As of December 31, 2023, we have $429,848,462 in regulatory assets under
management; $29,085,532 in discretionary assets under management and
$400,762,930 in non-discretionary assets under management.
B. INVESTMENT SERVICES
Dover Partners provides investment management services to individuals, retirement
plans, foundations, and endowments. Upon request, we will work with clients to
accommodate specific restrictions on any of our investment strategies.
In general, Dover decides on what specific investments will be purchased and when
they will be made in a client’s account. These decisions are based upon a careful
review
of each client’s objectives, needs, suitability, restrictions and general
characteristics. This process is referred to as discretionary management.
We offer the following discretionary investment strategies:
1. Equity (i.e., stock) Portfolios – The portfolio styles of value and growth will
be comprised of value-type or growth-type companies.
2. Balanced Portfolios – These portfolios will consist of a balance between
stock investments for future growth and fixed income investments (i.e.,
bonds) which offer current income. A typical portfolio consists of 60% stock
investments and 40% taxable, fixed income securities unless client objectives
dictate otherwise. Alternatively, we will use tax-free bonds when appropriate
for individual clients.
While investing any of our clients’ portfolios, we rely on client profile documentation
provided either by the Client or their financial professionals. Dover may include the
following investments in client portfolios:
1. Common stocks
2. Preferred stocks
3. Mutual funds
4. Exchange Traded Funds (ETF)
5. Investment-grade corporate bonds
6. U.S. Government and agency securities
7. Investment-grade municipal bonds