International Value Advisers, LLC (New York)

Name: International Value Advisers, LLC
Address: 717 Fifth Avenue, New York, NY, 10022
Telephone: 212-584-3570

International Value Advisers, LLC is a large advisory firm based in New York. It manages $14.3 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Florida, New York, and Texas.

International Value Advisers provides portfolio management for investment companies, portfolio management for pooled investment vehicles, 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.

International Value Advisers: assets under management

The assets under management (AUM) of International Value Advisers, LLC is $14.3 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 6203% since the beginning of its operation, and $2.45 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $14.3 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.1 billion each.

International Value Advisers has custody of $50.14 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 61% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 20% of the firm’s portfolio. Investments in government bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay International Value Advisers, LLC 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 International Value Advisers serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of International Value Advisers is investment companies with 2 clients and $9.52 billion of assets under management. Among the 7 most similar advisory firms, International Value Advisers has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $11.38 billion for 5 clients. 30% of the firm’s clients are foreign persons or businesses.

International Value Advisers also advises several private funds. Namely, four other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $100,000.

Careers at International Value Advisers, LLC

The company employs 39 people that are either part- or full-time employees. 28 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There’s a single person 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael William Malafronte	Managing partner/managing member	1 Nov 2007	Other	2760182
Charles Edouard De Lardemelle	Portfolio manager/managing member	1 Nov 2007	Other	5322230
Simon Julian Fenwick	Analyst	1 Nov 2007	Other	4670470
Lawrence Thomas Borsanyi	Partner	1 Nov 2007	25% - 50%	1766203
Shanda Lee Scibilia	Chief compliance officer	1 Mar 2008	Other	3155306
Stefanie Spritzler Hempstead	Chief financial officer	1 Mar 2008	Other	3190777
Stefanie Jill Hempstead	Chief financial officer	1 Mar 2008	Other	3190777
Charles Louis Jean Marie De Vaulx	Cio & portfolio manager/managing member	1 May 2008	25% - 50%	1196630
Thibaut Pizenberg	Analyst/managing member	1 Mar 2009	Other	5656532

Based in New York

The principal office where International Value Advisers, LLC performs its advisory services is located at 717 Fifth Avenue, New York, NY 10022, 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 212-584-3570 or by fax 646-805-0452. The normal business hours are 9 a.m to 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at ivafunds.com.