Morgan Dempsey Capital Management Llc
- Regulatory AUM
- $252M
- Discretionary
- $252M
- Clients
- 464
- Avg AUM / client
- $544K
- Accounts
- 464
- Employees
- 6
AUM over time
Annual snapshots from Form ADV filings · as of Mar 06, 2026
Investments (13F portfolio — 123 positions, $219,775,032)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Exxon Mobil Corp | COM | $10,200,518 | 60,123 | 4.64% | 4.04% |
| 2 | Citigroup Inc | COM NEW | $9,166,755 | 80,828 | 4.17% | 3.63% |
| 3 | At&T Inc | COM | $8,282,793 | 285,712 | 3.77% | 3.28% |
| 4 | Entergy Corp New | COM | $8,245,128 | 73,381 | 3.75% | 3.27% |
| 5 | Cisco Sys Inc | COM | $7,803,328 | 100,571 | 3.55% | 3.09% |
| 6 | Chevron Corporation | COM | $7,778,303 | 37,595 | 3.54% | 3.08% |
| 7 | Wec Energy Group Inc | COM | $7,293,518 | 63,000 | 3.32% | 2.89% |
| 8 | Lockheed Martin Corp | COM | $7,127,143 | 11,792 | 3.24% | 2.83% |
| 9 | Johnson & Johnson | COM | $6,961,172 | 28,478 | 3.17% | 2.76% |
| 10 | Cummins Inc | COM | $6,542,772 | 12,161 | 2.98% | 2.59% |
| 11 | Cme Group Inc | COM | $6,487,186 | 21,964 | 2.95% | 2.57% |
| 12 | Pembina Pipeline Corp | COM | $6,442,223 | 143,916 | 2.93% | 2.55% |
| 13 | General Dynamics Corp | COM | $6,177,085 | 17,997 | 2.81% | 2.45% |
| 14 | State Street Spdr Blmbg1 3 Mtht Billetf | ETF | $6,103,085 | 66,598 | 2.78% | 2.42% |
| 15 | Oneok Inc New | COM | $6,076,235 | 67,222 | 2.76% | 2.41% |
| 16 | Coca Cola Co | COM | $6,043,667 | 78,913 | 2.75% | 2.4% |
| 17 | Verizon Communications Inc | COM | $5,946,684 | 118,460 | 2.71% | 2.36% |
| 18 | Wells Fargo & Co | COM | $5,801,899 | 72,879 | 2.64% | 2.3% |
| 19 | Duke Energy Corp New | COM NEW | $5,294,779 | 40,437 | 2.41% | 2.1% |
| 20 | Merck & Co Inc | COM | $5,259,687 | 43,417 | 2.39% | 2.09% |
| 21 | Medtronic Plc | SHS | $5,210,244 | 59,640 | 2.37% | 2.07% |
| 22 | International Business Machs | COM | $5,099,660 | 21,039 | 2.32% | 2.02% |
| 23 | Rio Tinto Plc | SPONSORED ADR | $4,983,984 | 52,008 | 2.27% | 1.98% |
| 24 | Eversource Energy | COM | $4,975,223 | 71,813 | 2.26% | 1.97% |
| 25 | Southern Co | COM | $4,901,025 | 50,777 | 2.23% | 1.94% |
Top 25 of 123 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | 454 | $214M | 84.7% |
| Investment companies | 1 | $34.3M | 13.6% |
| Charitable organizations | 1 | $1.3M | 0.51% |
| Corporations and other businesses | 8 | $3.0M | 1.17% |
People (5)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Marc Joseph Dion | Principal | CFA | Mar 2004 (22y) | ≈ 14.06% – 50% via Mdcm Legacy, Llc |
| Durham, David, Wayne | Principal | Jan 2010 (17y) | Less than 5% | |
| Nguyen, Ly, Khanh | Chief Compliance Officer | Sep 2022 (4y) | Less than 5% | |
| Ryan Frederick Hamilton | Registered representative | May 2014 (12y) | ||
| Dave Allen Isaacson | Registered representative | Nov 2019 (7y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Mdcm Holdings, Llc | Owner | Mar 2023 | A | 75% or more |
| Mdcm Legacy, Llc | Owner | Mar 2023 | B | ≈ 56.25% – 100% via Mdcm Holdings, Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Marc Joseph Dion: 25% – 50% of Mdcm Legacy, Llc × 75% – 100% of Mdcm Holdings, Llc × 75% – 100% direct ≈ 14.06% – 50% of the firm
- Mdcm Legacy, Llc: 75% – 100% of Mdcm Holdings, Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/06/2026 | 1.03 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: ZENITHSTERLING ADVISERS LLC FAILED TO REGISTER IN THE STATE OF MISSOURI. Status: Final Sanction Detail: N/A Summary: ZENITHSTERLING ADVISORS LLC FAILED TO REGISTER IN THE STATE OF MISSOURI. THE STATE OF MISSOURI AND JOSHUA AGREED TO A CONSENT ORDER WITH A FINE OF $15,000.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
- • Other services
Custody
Reported custodians
- Charles Schwab & Co. $114M (45% of AUM) Mar 2026
- BNY Mellon $51.3M (15% of AUM) Jun 2018
- Wells Fargo $40.3M (16% of AUM) Mar 2026
- Fidelity Capital Corporation, Inc. $33.7M (13% of AUM) Mar 2026
- RBC $28.1M (11% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 06, 2026.
View current Form ADV (SEC/IAPD) ↗