Serving the Fort Worth, Dallas Area For More Than 40 Years

Client Relationship Summary

March 31, 2022
Diesslin Group, Inc.

Registered with the Securities and Exchange Commission as an Investment Advisor

There are other types of financial service professionals (e.g., broker-dealers) with differing services and fees who can help you with financial and investment decisions. It is important for you to understand the difference. The SEC provides free and simple tools that allow you to research firms and professionals at Investor.gov, which also provides educational materials about broker-dealers, investment advisors, and investing.

What Investment Services and Advice Can You Provide Me?

An investment advisor can provide a road map to help you reach financial goals by recommending how to allocate and invest your money. We offer such investment advisory services to retail investors by providing individually tailored and comprehensive financial planning and asset management services.

We recommend investments consistent with your objectives, preferences, investment philosophy, risk tolerance, and the investment influence of the capital markets and economy. We typically create a portfolio of actively managed no-load stock and bond mutual funds offered through the Schwab or Fidelity platform.

Tailored to Your Needs

As a standard part of our asset management services, your account is reviewed periodically for changes that we might make based on an investment’s fundamentals or general economic conditions, and we can make changes at any time based on your changed financial conditions or goals.

We generally have discretionary investment authority over a client’s portfolio to select and execute transactions, and the client may impose any limitations on that authority. We can also offer our asset management services on a non-discretionary basis, in which you make the ultimate decision. Generally, a client is required to have $1 million in investable net worth; however, under various circumstances, exceptions are made.

Brochure Supplement, Part 2B of Form ADV

The educational and business background, as well as licenses, of anyone who formulates investment advice for you or makes discretionary investment decisions for your assets is described in a document known as a Brochure Supplement, Part 2B of Form ADV, which is available to you upon request.

What Fees Will I Pay?

For ongoing asset management, our services are asset-based:

Portfolio Up to $1,000,000
1.00%
$1,000,001 to $3,000,000
0.60%
$3,000,001 to $6,000,000
0.30%
$6,000,001 to $10,000,000
0.25%
$10,000,001 to $20,000,000
0.20%
$20,000,001 +
0.15%

Fees can be negotiated based on the circumstances of the client’s situation. Our annual fee for the management of a $1,000,001 portfolio would be $10,000. Fees are billed quarterly, in advance, calculated on the basis of the market value on the last day of the calendar quarter. You may choose to be billed or have the fees deducted from your account. Upon termination, the unearned prepaid portion of a fee will be refunded.

More about Fees and Service Costs

Because your fees are based on the amount of assets under management, we receive higher fees as the value of your assets increases or if you add assets to your account. Additional fees are applied for annuity services, 529 plans, and special services.

Our fees do not include fees that may be paid to other professionals during the financial planning process or fees assessed by other service providers, such as mutual fund internal management fees, limited partnerships, brokerage transaction fees, account maintenance fees, or custodian fees. We do not receive any portion of fees or commissions paid to them.

You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying.

What are Your Legal Obligations to Me When Acting as My Investment Advisor? How Else Does Your Firm Make Money and What Conflicts of Interest Do You Have?

When we act as your investment advisor, we must act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the investment advice that we provide you.

Here are some examples to help you understand what this means:

  • Our staff members may purchase or sell for their own accounts the same securities that may be recommended to and purchased on behalf of our clients. This practice could create potential conflicts of interest; however, we do not generally invest in individual publicly traded securities on behalf of our clients. Also, our staff is required to report securities holdings annually and certain securities transactions quarterly. Preauthorization is required for staff members investing in private placements.
  • The firm may act as a general or managing partner in alternative investments that we offer; we do not receive incentive or contingency fees for recommending such investments but may receive fees for the management of the “business” of the partnership. We do not receive any commissions or other remuneration for recommending investments of any kind; this is to ensure that we have no incentive to recommend investments to our clients in return for payments that might influence our recommendations.

How Do Your Financial Professionals Make Money?

Our firm is exclusively fee-based, and our financial professionals receive only salaries and bonuses based on the performance of the firm. Compensation is not related to the amount of client assets that the financial professional services.

Do You or Your Financial Professionals Have a Legal or Disciplinary History?

No. Visit Investor.gov for a free and simple search tool to research the firm and our financial professionals. If you have concerns about your financial professional with our firm, please contact Shawn Gray at (817) 332-6122.

To receive more information about Diesslin Group, Inc. or to receive a copy of our current Client Relationship Summary, please request one through our Contact Us page or call (817) 332-6122.

Meggan Jamison

Meggan Jamison

Compliance Associate

Meggan M. Jamison is a Compliance Associate and works with the Chief Compliance Officer in overseeing the firm’s compliance policies and procedures. She holds a BBA degree in finance from Texas Christian University and an MBA from Oklahoma City University. Meggan joined Diesslin Group, Inc. in February 2010. Prior to joining the firm, she spent 10 years in the banking industry.

Natalie Georgen

Natalie Georgen

Financial Planning Associate

Natalie M. Georgen is a Financial Planning Associate at Diesslin Group, Inc. She received her BBA in risk, insurance, and financial services from the University of North Texas and plans to sit for the CFP. She joined Diesslin Group, Inc. in 2022.

Edie C. Peplinski

Senior Executive Assistant

Edie C. Peplinski is the Senior Executive Assistant to David Diesslin. Her responsibilities include time management and scheduling, arranging travel, coordinating and scheduling meetings, overseeing event planning, and assisting with office and administrative responsibilities at the firm.

Edie has over 40 years of experience in executive-level administrative and personal assistant positions and previously worked for the Fort Worth Symphony Orchestra Association. Edie attended Tarrant County College and has worked at Diesslin Group, Inc. since 2003.

Stephanie Dacanay

Stephanie A. Dacanay

Client Services Associate

Stephanie A. Dacanay is a Client Services Associate at Diesslin Group, Inc. She has many responsibilities, including scheduling meetings, corresponding with clients, providing administrative assistance, and planning team events. She joined Diesslin Group, Inc. in 2021.

Tristyn Williams

Tristyn L. Williams

Asset Management Associate

Tristyn L. Williams is an Asset Management Associate at Diesslin Group, Inc. Tristyn received a BS in Agricultural economics from Texas A&M University and planned to sit for the CFP exam in November 2022. He joined Diesslin Group, Inc. in 2021.

Luke Hockett

Luke Hockett, MBA

Portfolio Manager

Luke Hockett is a Portfolio Manager at Diesslin Group, Inc. He conducts investment and risk-return analysis, performance measurement, diagnostic procedures, and asset allocation for client portfolios.

Luke received his BBA in entrepreneurial management from Texas Christian University in 2014 and his MBA in finance from Dallas Baptist University in 2020. He previously worked at Diesslin Group, Inc. from 2014 to 2019 and left to join the Hedge Fund Operations team at IQEQ before rejoining Diesslin Group, Inc. in 2022.

Olivia Partin

Olivia F. Partin, CFP®

Financial Planner

Olivia F. Partin is a Financial Planner at Diesslin Group, Inc. and assists with various client and firm projects. Olivia received her BS in Interdisciplinary Studies from Texas A&M University. She also holds her AAMS® and FPQP certifications and CFP certifications. She joined the firm in 2021.

Angela Woodson

Angela L. Woodson

Client Services Associate

Angela L. Woodson is a Client Services Associate at Diesslin Group, Inc. She assists with servicing client requests and ongoing account administration. Angela received a BS in counseling education from the University of North Texas. She joined the Diesslin Group, Inc. team in 2019.

Mark Michel

Mark M. Michel, CFA, MBA

Chief Investment Officer and Portfolio Manager

Mark M. Michel, CFA, MBA, is Diesslin Group, Inc.’s Chief Investment Officer and Portfolio Manager. He conducts investment analysis, risk-return analysis, performance management, and asset allocation for client portfolios. Mark is also involved in the analysis of the firm’s alternative investments.

Prior to joining Diesslin Group, Inc. in 2021, Mark worked as an Associate Portfolio Manager for American Beacon Advisors and a Senior Portfolio Analyst at JPMorgan. Before entering the financial services industry, he served in the U.S. Army and was deployed to Iraq and Afghanistan.

Mark received an MBA from Southern Methodist University and a BS in mechanical engineering from Pennsylvania State University. He is a CFA charter holder and a member of both the CFA Institute and the CFA Society of Dallas-Fort Worth.

Sherry Redden

Sherry L. Redden, FPQP™

Client Services Director

Sherry L. Redden, FPQP, is Diesslin Group, Inc.’s Client Services Director. She has numerous responsibilities—some of which include serving as a client liaison and financial planning associate—and helps ensure each division of the firm functions successfully.

In addition to being a certified paraplanner, Sherry has over 20 years of professional experience as an executive assistant and outside sales representative. She joined Diesslin Group, Inc. in 2012.

Scott Reasor

Scott B. Reasor

Relationship Manager and Senior Portfolio Manager

Scott B. Reasor is a Relationship Manager and Senior Portfolio Manager at Diesslin Group, Inc. He conducts investment and risk-return analysis, performance measurement, diagnostic procedures, and asset allocation for client portfolios. Scott also serves as an advocate and primary point of contact for clients, maintaining ongoing communication with them while monitoring and executing projects to help them meet their financial goals.

Scott received a BBA in finance from the University of Texas at Arlington and has been with Diesslin Group, Inc. since 2004.

Shawn Gray

Shawn L. Gray

Principal, Chief Compliance Officer, and Chief Technology Officer

Shawn L. Gray is Diesslin Group, Inc.’s Chief Compliance Officer and Chief Information Security Officer, as well as a principal of the firm. Shawn manages the firm’s computing, networking, and programming solutions. He also develops retirement and cash flow projections and models stock options for clients.

He received a BBA in finance from the University of Texas at Arlington and worked in the banking industry prior to joining Diesslin Group, Inc. in 1992.

Rocky Farr

Norman R. (“Rocky”) Farr, CFP, EA, ATA

Principal, Managing Director, and Relationship Manager

Norman R. “Rocky” Farr, CFP, EA, ATA, is Diesslin Group, Inc.’s Managing Director as well as Relationship Manager and principal of the firm. Rocky oversees the firm’s daily operations and coordinates the efforts of the financial planning, client services, and asset management divisions. He specializes in estate and tax planning.

Rocky has held his certified financial planner mark since 1982. He also holds an Enrolled Agent license from the Internal Revenue Service and an Accredited Tax Advisor license from the Council for Accounting and Taxation. Rocky joined Diesslin Group, Inc. in 1992. Prior to moving to Texas, he played hockey professionally.

David H. Diesslin, CFP®, MBA

David H. Diesslin, CFP®, MBA

Founder

David H. Diesslin, is the founder of Diesslin Group, Inc. Dave founded the firm as Diesslin & Associates, Inc. in 1980 and has provided fee-only financial planning and investment management ever since.

He has been honored for his work as a financial advisor in Worth, Medical Economics, Fort Worth Inc., and Money magazines, and has been endorsed by the Consumers’ Research Council of America as one of “America’s Top Financial Planners.”

Throughout his professional life, Dave has worked diligently to promote and advance the financial planning profession both nationally and internationally. In addition, he has served as a chairman of the Board of Governors on the Certified Financial Planner Board of Standards as well as chairman and president of the National Association of Personal Financial Advisors (NAPFA).

Dave received an MBA from the University of Dallas and a BS in Business Management from Indiana University. He has held his CERTIFIED FINANCIAL PLANNER™ mark since 1983. Prior to entering the financial planning profession, Dave served as First Lieutenant for the U.S. Army Signal Corps.