Dreman Value Management, L.L.C. (West Palm Beach)


Dreman Value Management, L.L.C. is a large advisory firm based in West Palm Beach. It manages $156.77 million of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Dreman Value Management, L.L.C provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dreman Value Management, L.L.C: assets under management

The assets under management (AUM) of Dreman Value Management, L.L.C. is $156.77 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -97% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $156.77 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7.13 million each.

Investments

The firm invests in exchange traded securities the most. They account for 93% of the total AUM. The second-largest asset type is government bonds, which make up 6% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Dreman Value Management, L.L.C. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients F. James Hutchinson serves?

The only and largest group of clients of F. James Hutchinson is high net worth individuals with 16 clients and $107.92 million of assets under management. Among the 11 most similar advisory firms, Dreman Value Management, L.L.C has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $107.92 million for 16 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Dreman Value Management, L.L.C doesn't advise any private funds.

Careers at Dreman Value Management, L.L.C.

The company employs 4 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

F. James Hutchinson has been acting as President since 1 Oct 2000. David Nasaniel Dreman joined the executive team most recently as the Chairman, Chief Investment Officer, Cco.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Dreman Family 1988 Trust Trust 1 Mar 1997 75% - 100% 13-6916533
David Nasaniel Dreman Chairman, member 1 Apr 1997 Other 1781778
Holly Ann Dreman Co-trustee 1 Aug 1997 75% - 100% 4374864
Sherrill Hershberg Co-trustee 1 Aug 1997 75% - 100% 4374869
F. James Hutchinson President 1 Oct 2000 Other 4374847
Yugi Koga Senior vice president 1 Jan 2001 Other 4375705
Walter Irvin Kass Director of research 1 Mar 2001 Other 1134972
Carlyn Sundberg Mccaffrey Co-trustee 1 Sep 2001 75% - 100% 4644779
Solomon Bernard Dreman Co-trustee 1 Sep 2001 75% - 100% 4649888
Nelson Prince Woodard Managing director 1 Dec 2001 Other 2851991
Lloyd Kaishon Jagai Chief financial officer 1 Dec 2001 Other 4517335
Peter Brian Seligman Vice-president 1 Jan 2002 Other 2913151
F. James Hutchinson Executive vice-president 1 Apr 2002 Other 4374847
Thomas Williams Littauer President 1 Apr 2002 Other 1000831
Lloyd Kaishon Jagai Ceo 1 Jul 2005 Other 4517335
Lee Augustus Delaporte Managing director 1 Jan 2006 Other 1162810
Salvatore Rocco Faia Chief compliance officer 1 Apr 2006 Other 4372361
Boris Onefater Cfo/coo 1 Jun 2006 Other 5205464
William J Donnelly Chief technology officer 1 Jun 2006 Other 5229125
F. James Hutchinson President 1 Dec 2006 Other 4374847
Mark Joseph Roach Managing director 1 Dec 2006 Other 3021612
Mark Steven Harrell Managing director 1 Dec 2006 Other 1697520
Emory Clifton Hoover Co-chief investment officer and managing director 1 Dec 2006 Other 1735351
Emily W Mead Director, managed accounts, member 1 Oct 2007 Other 3008399
Michael Dennis Appleton Chief compliance officer 1 Oct 2007 Other 1607165
Emily W Mead Director, managed accounts 1 Dec 2007 Other 3008399
Robert Andrew Weiner Interest holder 1 Feb 2008 Other 5653491
Robert A Loverro Vp of finance 1 Jul 2008 Other 2067448
Salvatore Rocco Faia Chief compliance officer, interim 1 Oct 2009 Other 4372361
David Edward Greenberg Director 1 Jan 2010 Other 2405838
Yvonne I Pytlik Chief compliance officer 1 Mar 2010 Other 4337433
Mark Joseph Roach Managing director, member 1 Sep 2010 Other 3021612
Emory Clifton Hoover Chief investment officer, managing director, member 1 Sep 2010 Other 1735351
Emory Clifton Hoover Chief investment officer and managing director 1 Nov 2010 Other 1735351
Evan Noah Hershberg Member 1 Apr 2012 Other 4572994
David Kanefsky General counsel and chief compliance officer 1 Dec 2012 Other 2994534
David Howard Kanefsky General counsel and chief compliance officer 1 Dec 2012 Other 2994534
Nelson Prince Woodard Co-chief investment officer and managing director 1 Nov 2013 Other 2851991
Emory Clifton Hoover Co-chief investment officer and managing director 1 Nov 2013 Other 1735351
Andrew Anthony Romanello Chief financial officer 1 Dec 2013 Other 6281059
Holly And Meredith Dreman 2013 Trust Trust, member 1 Jan 2014 50% - 75% 46-7205521
Christian Abadiotakis Chief financial officer 1 Jun 2014 Other 6384442
Mark Andrew Scovera Vp of finance 1 Jul 2015 Other 6524005
Adam Handwerker Vp of finance 1 Jan 2016 Other 6611630
David Nasaniel Dreman Chairman, chief investment officer, cco 1 Jul 2016 Other 1781778

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Holly Ann Dreman Trustee 1 Jan 1988 50% - 75% 4374864
Evan Noah Hershberg Trustee 1 Nov 2013 50% - 75% 4572994
Meredith Wakefield Dreman Trustee 1 Jan 2016 50% - 75% 6702378

Based in West Palm Beach

The principal office where Dreman Value Management, L.L.C. performs its advisory services is located at 1515 North Flagler Drive, West Palm Beach, FL 33401, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 561-475-2220 or by fax 561-475-2146. The normal business hours are 8:30am-5:30pm est on Monday - Friday. You can find more information about the New York firm at dreman.com.

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