DSW Investment, LLC

DSW Investment, LLC provides discretionary investment supervisory services and individual portfolio management to a small group of individual and high‑net‑worth clients as well as managed employee pension accounts. The firm’s brochure reports it manages approximately $85.6 million on behalf of roughly 30 client accounts.

The firm’s investment process draws on fundamental, quantitative, and qualitative analysis within an asset‑allocation framework, with accounts reviewed at least monthly and clients receiving quarterly performance communications. Strategies described in the brochure range from long‑ and short‑term positions to active trading, option writing (including covered and uncovered positions), short sales, and margin use, and clients may place reasonable restrictions on investments.

Compared with many peers, DSW’s mix of services — notably its acceptance of managed employee pension accounts and the use of higher‑risk trading tools at a relatively concentrated client base — is atypical for a small independent adviser. The brochure also contains inconsistent references about disciplinary matters (stating in one section that there are no relevant events while elsewhere referring readers to that section for descriptions of events), a point prospective clients may want to clarify with the firm.