Todd M. Douma
KOVITZ INVESTMENT GROUP PARTNERS
Scottsdale, AZ 85260
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CRD#: 2401333
Professional summary
Todd Macarthur Douma, CFP®, who also goes by Todd M Douma, is a registered financial advisor currently at KOVITZ INVESTMENT GROUP PARTNERS, LLC located in Scottsdale, Arizona.
Todd is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1993. Todd has worked at 6 firms and has passed the Series 65, Series 63 and Series 7 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Todd M Douma
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
MR. DOUMA IS LICENSED AND REGISTERED WITH THE INSURANCE DEPARTMENT OF THE STATE OF ARIZONA. MR. DOUMA MAY BE APPOINTED WITH SEVERAL INSURANCE COMPANIES AND RECEIVE SEPARATE COMPENSATION FOR FEE BASED TRANSACTIONS IMPLEMENTED THROUGH VARIOUS INSURANCE COMPANIES. MR. DOUMA MAY PROVIDE FIXED INSURANCE PRODUCTS, SUCH AS WHOLE LIFE, TERM LIFE, AND HEALTH, AS WELL EMPLOYEE BENEFITS CONSULTING. INSURANCE COMPENSATION WILL BE SEPARATE AND DISTINCT FROM FINANCIAL PLANNING FEES AND PORTFOLIO MANAGEMENT FEES CHARGED BY TMD. CLIENTS ARE NOT OBLIGATED TO UTILIZE ANY OF THESE SERVICES FOR INSURANCE PURCHASES. ALL CLIENTS ARE FREE TO UTILIZE ANY INSURANCE AGENT THEY CHOOSE. LESS THAN 1% OF TIME WILL BE DEVOTED TO INSURANCE ACTIVITIES DESCRIBED ABOVE. Buena Vista Health & Recovery, LLC (investment-related). 7114 E Stetson Drive, Suite 400, Scottsdale, AZ 85251. Board member since March 2019 based on role as purchaser rep for investors of Healthcare Ventures of Arizona, LLC. Range of hours per month: 5-15 hours a month // 0 during trading hours. No compensation received for this activity. Beacon Partners Fund (investment-related). 2398 E Camelback Rd, Phoenix, AZ 85016. Advisory Board member since November 2019 based on role as purchaser representative for fund investors. Less than 1 hour a month // 0 during trading hours. No compensation received for this activity. The Shufeldt Family Foundation (investment-related). 14818 N. 74th Street, Scottsdale AZ 85260. Foundation established to provide significant gifting to educational and other institutions. Effective September 1, 2025, Mr. Douma serves as a member of the foundation's Board of Directors. He will devote approximately 10 hours a month towards this other business activity, 5 of which may be during business hours. Mr. Douma will be responsible for advising on matters related to the administration of the Foundation. The Foundation, and its two founding members, are clients of the Firm. While Mr. Douma does not receive any compensation for his role as a Board Member, the Firm will receive advisory fees pursuant to an advisory agreement.
CRS (Client Relationship Summary) - RIA
Click below to view Todd Macarthur Douma's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
CFP®
Start date: 1998
Experience
Current
January 6, 2025 - Present
KOVITZ INVESTMENT GROUP PARTNERS, LLC
Office #1: 15333 N. Pima Road Suite 200, Scottsdale, AZ 85260RIA
CRD#: 282241
Scottsdale, AZ
Past
July 24, 2024 - December 31, 2024
KOVITZ INVESTMENT GROUP PARTNERS, LLC
RIA
CRD#: 282241
Scottsdale, AZ
Past
October 2, 2020 - July 1, 2024
TMD WEALTH MANAGEMENT
RIA
CRD#: 309514
SCOTTSDALE, AZ
Past
July 12, 2019 - September 30, 2020
ONE CHARLES PRIVATE WEALTH
RIA
CRD#: 286635
Scottsdale, AZ
Past
February 7, 2001 - July 12, 2019
TMD & ASSOCIATES, INC.
RIA
CRD#: 113896
SCOTTSDALE, AZ
Past
August 8, 1994 - April 7, 2006
RAYMOND JAMES FINANCIAL SERVICES, INC.
BD
CRD#: 6694
PHOENIX, AZ
Past
November 15, 1993 - August 9, 1994
EDWARD JONES
BD
CRD#: 250
ST. LOUIS, MO
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
KOVITZ INVESTMENT GROUP PARTNERS, LLC
FIRST HOUSTON CAPITAL | WEATHERSTONE CAPITAL MANAGEMENT | TRANSFORM WEALTH | TMD WEALTH MANAGEMENT | TELEMUS CAPITAL | STRATEGIC WEALTH PARTNERS | RELATIVE VALUE PARTNERS | NORTHCOAST ASSET MANGEMENT | KOVITZ INVESTMENT GROUP PARTNERS, LLC | KOVITZ | IFAM CAPITAL | FORT PITT CAPITAL GROUP
CRD#: 282241 / SEC#: 801-107054
RIA
Registered Investment Advisory firm - (12/24/2015 Approved)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.Highlighted states indicate IAR registrations
IAR
Arizona(1/31/2025)
IAR
Oklahoma(1/6/2025)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
Current Firm
KOVITZ INVESTMENT GROUP PARTNERS, LLC
FIRST HOUSTON CAPITAL | WEATHERSTONE CAPITAL MANAGEMENT | TRANSFORM WEALTH | TMD WEALTH MANAGEMENT | TELEMUS CAPITAL | STRATEGIC WEALTH PARTNERS | RELATIVE VALUE PARTNERS | NORTHCOAST ASSET MANGEMENT | KOVITZ INVESTMENT GROUP PARTNERS, LLC | KOVITZ | IFAM CAPITAL | FORT PITT CAPITAL GROUP
CRD#: 282241 / SEC#: 801-107054
RIA
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Contact information
Main Address
10 S Wacker Drive Suite 2600, Chicago, IL 60606
Mailing Address
Phone number
(312) 334-7300
Established
Firm type
Fiscal year end
# of Employees
372
SEC notice filing (48 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 38,915 |
| AUM (Assets Under Management) | $ 31,731,798,984 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 10/23/2025 | ||
| 08/15/2024 | ||
| 07/19/2023 |
Red Flags
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