Jeffrey C. Dillman
Professional summary
Jeffrey Crawford Dillman, who also goes by Jeff Dillman, is a registered financial advisor currently at CHEVY CHASE TRUST COMPANY located in Bethesda, Maryland.
Jeffrey is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1982. Jeffrey has worked at 5 firms and has passed the Series 63, Series 65 and Series 7 exams.
Question & Answer
Aliases
Other business activities
CRS (Client Relationship Summary) - RIA
CHEVY CHASE TRUST COMPANY - Registered Investment Advisory firm
Version Date: Fri Mar 29 2024Chevy Chase Trust Company (“CCTC”) is registered with the Securities and Exchange Commission as an investment adviser. CCTC is also a chartered non-depository trust company in the State of Maryland. Brokerage and investment advisory fees differ and it is important for you to understand the differences. Free and simple tools are available to research firms and financial professionals at Investor.gov/CRS, which also provides educational materials about broker-dealers, investment advisers, and investing. This relationship summary provides information about the qualifications and business practices of CCTC.
Fees and Costs:
CCTC’s advisory fees are based on a percentage of a client’s assets under management. CCTC’s advisory fees are inclusive of custody and safekeeping services when CCTC acts as custodian. CCTC charges different fees when it acts as trustee or administrator of an estate. Fees are payable in arrears on a monthly or quarterly basis, unless otherwise provided by agreement. If you hold investment instruments such as mutual funds, exchange-traded funds, collective investment funds or investment trusts, you will pay operating fees and other fees charged directly by the fund or commingled investment, which will reduce the return on that instrument. CCTC does not receive 12b-1 fees or other compensation from funds held in client accounts.
In addition to the advisory fee, you will also pay brokerage commissions, which are included in the cost of buying and selling securities for your account. CCTC does not collect commissions but directs a portion to a broker or third party in return for certain eligible services such as investment research.
Because CCTC charges an advisory fee based on assets under management, the more assets in a client’s account, the more the client will pay in fees. The firm may therefore have an incentive to encourage clients to increase the assets in his or her account.
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.
For additional information, please see Item 5 of CCTC’s Form ADV Part 2A brochure.
Questions to ask your Professional:
- Help me understand how these fees and costs might affect my investments. If I give you $10,000 to invest, how much will go to fees and costs, and how much will be invested for me?
Conflicts of Interest:
When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours. At the same time, you should understand and ask us about conflicts of interest because these can affect the investment advice we provide you. For example, CCTC receives an incentive from some brokers with which we execute trades for our clients. In exchange for CCTC placing orders to buy and sell securities, some brokers provide CCTC with investment research and “soft dollars,” which CCTC uses to enhance its investment decision-making. This means that CCTC may not always pay the lowest commission available and may instead direct trades to brokers that provide research or soft dollars. CCTC’s legal and compliance departments monitor this practice to ensure it complies with applicable securities laws and guidance.
For Additional Information, please see Item 12 of CCTC’s Form ADV Part 2A brochure.
Questions to ask your Professional:
- “How might your conflicts of interest affect me, and how will you address them?
How do your financial professionals make money?
Our financial professionals who manage your money are compensated based on salary plus an annual bonus that takes into consideration the overall employee’s contribution to the firm. Certain business development officers receive compensation based in part on total assets under management raised. This means that business development officers make more in compensation the more you invest with CCTC.
Certified licenses
Experience
May 23, 2013 - Present
CHEVY CHASE TRUST COMPANY
Office #1: 7501 Wisconsin Avenue 15th Floor, Bethesda, MD 20814May 21, 2009 - December 1, 2009
BESSEMER INVESTOR SERVICES, INC.
June 2, 1988 - December 13, 1990
UBS ASSET MANAGEMENT (US) INC.
May 14, 1988 - June 8, 1988
LEHMAN BROTHERS INC.
June 24, 1982 - May 14, 1988
E. F. HUTTON & COMPANY INC
Primary Firm SEC Registration
CHEVY CHASE TRUST COMPANY
CRD#: 110742 / SEC#: 801-55134
State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
Highlighted states indicate IAR registrations
(1/22/2015)
(1/3/2020)
(1/3/2020)
(8/6/2013)
(1/3/2020)
(5/23/2013)
(2/20/2020)
(1/29/2020)
(3/18/2021)
(3/18/2021)
(1/3/2020)
(3/19/2021)
(1/3/2020)
(1/3/2020)
(1/3/2020)
(1/22/2015)
(5/23/2013)
(3/18/2021)
(3/18/2021)
Exams
Current Firm
CHEVY CHASE TRUST COMPANY
CRD#: 110742 / SEC#: 801-55134
Contact information
SEC notice filing (37 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 5,016 |
| AUM (Assets Under Management) | $ 40,286,791,400 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 01/28/2025 | ||
| 01/26/2024 | ||
| 04/27/2023 |
Red Flags
Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.
Check for any disclosures as part of your thorough research when choosing an advisor.
