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650 Poydras Street Suite 1010, New Orleans, LA 70130-6101 • United States
Current Registrations
| Authority | Category | Status | Date |
|---|---|---|---|
| LA | RA | APPROVED | 2019-12-13 |
Branch Locations
650 Poydras Street Suite 1010, New Orleans, LA 70130-6101 • United States
No disclosure categories reported as “Yes” on this SEC record.
| Organization | City | State | From | To |
|---|---|---|---|---|
| Delta Financial Advisors, L.L.C. | New Orleans | LA | 01/2003 | 12/2019 |
| Dumaine Investments Llc | New Orleans | LA | 11/2019 | Present |
DUMAINE INVESTMENTS LLC PROVIDES ADVISORY SERVICES TO CDJ APARTMENTS LLC. CLIFFORD F. FAVROT, SOLE MEMBER AND INVESTMENT ADVISER REPRESENTATIVE OF DUMAINE INVESTMENTS LLC IS A NON-CONTROLLING MINORITY OWNER OF CDJ APARTMENTS LLC WITH WHOM HE HAS A FAMILY RELATIONSHIP. MR. FAVROT PROVIDES ADVISORY SERVICES, MAINTAINS A NON-CONTROLLING MINORITY OWNERSHIP AND HAS A FAMILY RELATIONSHIP WITH CDJ APARTMENTS LLC. AS A RESULT, A POTENTIAL CONFLICT OF INTEREST EXISTS. HOWEVER, AS A FIDUCIARY, MR. FAVROT HAS A DUTY TO TREAT ALL CLIENTS SIMILARLY, AND WILL NEVER PUT HIS INTERESTS AHEAD OF THE INTERESTS OF DUMAINE'S OTHER CLIENTS. MR. FAVROT DOES NOT RECEIVE COMPENSATION AS AN NON-CONTROLLING MINORITY OWNER OF CDJ APARTMENTS LLC.
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