Innovest Strategic Value Advisors, Inc (New York)

Name: Innovest Strategic Value Advisors, Inc
Address: 675 Third Avenue, New York, NY, 10017
Telephone: 212-421-2000

Innovest Strategic Value Advisors, Inc is a large advisory firm based in New York. It manages $231 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdiction of New York.

Innovest Strategic Value Advisors provides selection of other advisers, publication of newsletters, and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Innovest Strategic Value Advisors: assets under management

The assets under management (AUM) of Innovest Strategic Value Advisors, Inc is $231 million. The firm's AUM has gone down by -32% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $48 million in discretionary accounts and $183 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $48 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $45.75 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Innovest Strategic Value Advisors, Inc for their services and products based on a percentage of assets under management, hourly charges, subscription fees, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Innovest Strategic Value Advisors, Inc

William Hewson Baltzell has been acting as President since 1 Jul 1998. Bijan Foroodian has served as the Chief Investment Officer since 1 Oct 2004 and Matthew John Kiernan is the Chief Executive Officer of Innovest Strategic Value Advisors, Inc family office. Jared Alvah Chase joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Hewson Baltzell	President	1 Jul 1998	25% - 50%	4672570
Matthew John Kiernan	Chief executive officer	1 Jul 1998	25% - 50%	4673002
Doen Participaties	Common shareholder	1 Jan 2001	Other	foreign
Wallace Global Fund	Common shareholder	1 Jan 2002	Other	52-1918002
Sonia Helene Labatt	Common shareholder	1 Jan 2002	Other	4672999
Llc State Street Global Alliance	Owner	1 Jan 2003	25% - 50%	52-2289770
Joseph Michael Lyons	Director	1 Jan 2003	Other	2652315
Bijan Foroodian	Chief investment officer	1 Oct 2004	Other	5149822
Jared Alvah Chase	Director	1 Oct 2006	Other	2356434

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
State Street Corporation	Shareholder	1 Jun 1990	75% - 100%	04-2456637
Inc. Limetree Investments	Member	1 Jul 2000	75% - 100%	13-4147037
Stichting Pensioenfonds Abp	Shareholder	1 Jul 2000	75% - 100%	04-6288081
Inc. State Street Global Advisors	Member	1 Jul 2000	25% - 50%	06-1313175

Based in New York

The principal office where Innovest Strategic Value Advisors, Inc performs its advisory services is located at 675 Third Avenue, New York, NY 10017, 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 212-421-2000 or by fax 212-421-9663. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at www.innovestgroup.com.