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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

DBS INVESTMENT ADVISERS, LLC

CRD 123283

BAY CITY, MI

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:43372589-6ba8-4fbd-fe17-50639fd5ad51

Data as of Feb 2, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 10:03 PM UTC and rebuilt at most every 15 minutes.

Relationships: 9
Dated events: 4
On other graphs: 0
Observed: Mar 21, 2012 to Feb 2, 2026
27 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=0.56 fund_share=0.0 institutional_share=0.44 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $280MItem 5.F on the latest filing (2026-02-02); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $280M
Private client RAUM: $157MderivedItem 5.D individuals plus high net worth individuals
Private client share: 56%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 5
RAUM per advisor: $56.0Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 8
Advisory employees: 5
Offices: 3Schedule D 1.F, beyond the principal office
Accounts: 973
Individual clients: 488
High net worth clients: 35
SEC number: 801-116815
CRD: 123283
Filings on the tape: 27
First filed: Mar 21, 2012
Latest filed: Feb 2, 2026
Organised: Limited Liability Company, MI
Website: thedbscompanies.com

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
JEFFREY JOHN BRINK	n/a	BAY CITY, MI	6	19	1	no
THEODORE CHRISTOPHER SCHUMANN	Certified Financial Planner	BAY CITY, MI	4	16	1	no
NINA SHAW	Chartered Financial Analyst	MENDHAM, NJ \| BAY CITY, MI \| Randolph, NJ \| LAKEWOOD, NJ	4	28	n/a	no
REGAN LYN DUPERON	n/a	BAY CITY, MI	1	10	n/a	no
MARK Peter ADAMS	Certified Financial Planner	BAY CITY, MI \| Bloomington, IN	1	16	3	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
SCHUMANN, THEODORE, CHRISTOPHER	CHIEF COMPLIANCE OFFICER/MEMBER	E	yes	12/2016	May 20, 2019	Nov 14, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
DBS PROFESSIONAL PRACTICE BROKERS	n/a	n/a	n/a	Y	yes	n/a

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
Clarkston	Mi	United States	2	no

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line; showing 8 of 9

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Feb 2, 2026	$280M	$280M	8	5	3	n/a	n/a
2024	Feb 27, 2025	$245M	$245M	7	4	2	n/a	n/a
2023	Feb 27, 2024	$229M	$229M	6	3	1	n/a	n/a
2022	Mar 13, 2023	$165M	$165M	7	3	1	n/a	n/a
2021	Mar 30, 2022	$177M	$177M	8	4	1	n/a	n/a
2020	Mar 30, 2021	$172M	$172M	8	4	1	n/a	n/a
2019	Mar 27, 2020	$135M	$135M	5	2	0	n/a	n/a
2011	Mar 21, 2012	$59.1M	$59.1M	n/a	n/a	n/a	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	2	2

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$280M	$245M	14.6%	$165M	19.3%	8	7	3	2

Relationships

Registered with (7)

← MARK Peter ADAMSAdvisorregistration: current employment
May 8, 2025 to presentfactForm ADV
← REGAN LYN DUPERONAdvisorregistration: current employment
Mar 27, 2025 to presentfactForm ADV
← NINA SHAWAdvisorregistration: current employment
Nov 27, 2024 to presentfactForm ADV
← THEODORE CHRISTOPHER SCHUMANNAdvisorregistration: current employment
Oct 7, 2021 to presentfactForm ADV
← JEFFREY JOHN BRINKAdvisorregistration: current employment
May 8, 2020 to presentfactForm ADV
← MEGAN REBECCA CHIRAMALAdvisorregistration: previous registration
Feb 6, 2025 to Feb 20, 2025factForm ADV
← ZACHARY D RIVARDAdvisorregistration: previous registration
Jul 12, 2019 to Nov 22, 2024factForm ADV

Affiliated with (1)

← ACT TWO FINANCIAL ADVISORS, LLCRegistered adviserother investment adviser, control, common control
factForm ADV

Controls (1)

← SCHUMANN, THEODORE, CHRISTOPHEROwnerCHIEF COMPLIANCE OFFICER/MEMBER, ownership code E, individual
May 20, 2019 to Nov 14, 2024factForm ADV

Dated events

Occurred
Feb 20, 2025
Advisor changed firm
Megan Rebecca Chiramal left Dbs Investment Advisers, Llc for Wells Fargo Advisors (registered 2025-02-21)
Form ADVobserved 6 days ago
Occurred
Nov 22, 2024
Advisor changed firm
Zachary D Rivard left Dbs Investment Advisers, Llc for Act Two Financial Advisors, Llc (registered 2021-07-01)
Form ADVobserved 6 days ago
Occurred
May 20, 2019
Control person left
Gerard Michael Ciaciuch (Member/Chief Compliance Officer) no longer on Schedule A of Dbs Investment Advisers, Llc (listed 2012-07-16, absent 2019-05-20)
Form ADVobserved 6 days ago
Occurred
May 20, 2019
First Form ADV filing
Dbs Investment Advisers, Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:43372589-6ba8-4fbd-fe17-50639fd5ad51
First observed: Mar 21, 2012
Last observed: Feb 2, 2026 7 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

DBS INVESTMENT ADVISERS, LLC

CRD 123283

BAY CITY, MI

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:43372589-6ba8-4fbd-fe17-50639fd5ad51

Data as of Feb 2, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 10:03 PM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

JEFFREY JOHN BRINK

n/a

BAY CITY, MI

THEODORE CHRISTOPHER SCHUMANN

Certified Financial Planner

BAY CITY, MI

NINA SHAW

Chartered Financial Analyst

MENDHAM, NJ | BAY CITY, MI | Randolph, NJ | LAKEWOOD, NJ

n/a

REGAN LYN DUPERON

n/a

BAY CITY, MI

n/a

MARK Peter ADAMS

Certified Financial Planner

BAY CITY, MI | Bloomington, IN

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

SCHUMANN, THEODORE, CHRISTOPHER

CHIEF COMPLIANCE OFFICER/MEMBER

yes

12/2016

May 20, 2019

Nov 14, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

DBS PROFESSIONAL PRACTICE BROKERS

n/a

yes

n/a

City

State

Country

Employees

Also broker-dealer

Clarkston

United States

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Feb 2, 2026

$280M

n/a

2024

Feb 27, 2025

$245M

n/a

2023

Feb 27, 2024

$229M

n/a

2022

Mar 13, 2023

$165M

n/a

2021

Mar 30, 2022

$177M

n/a

2020

Mar 30, 2021

$172M

n/a

2019

Mar 27, 2020

$135M

n/a

2011

Mar 21, 2012

$59.1M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$280M

$245M

14.6%

$165M

19.3%