DOUGHERTY INVESTMENT ADVISORS

DOUGHERTY INVESTMENT ADVISORS

Tom Dougherty established Dougherty Investment Advisors (DIA) as a registered investment advisor headquartered in Minneapolis. The firm operates primarily as a multi-family office, serving a select group of families with custom portfolio management and estate planning—though the scale of assets and exact founding year are not publicly detailed (per public record). DIA’s investment strategy spans real estate, private credit, and infrastructure, with a preference for direct co-investments alongside institutional asset managers. The firm also allocates to hedge funds and special situations, targeting both core and opportunistic positions. Geographic focus remains North America, primarily the United States, with exposure to select European infrastructure projects (per public record). No recent operational events have been publicly reported for DIA. The firm has not disclosed a total team size, additional office locations, or any adjacent philanthropic structures. It appears to be run as a lean multi-family office, with Tom Dougherty as the sole named principal (per public record). DIA’s structural differentiator is its combination of RIA registration—subjecting it to SEC oversight—with a private multi-family office service model. This hybrid structure allows the firm to offer diverse strategies while maintaining a fiduciary standard, similar to a boutique asset manager but tailored for family clients. Succession and governance details remain private.