Core And Value Advisors, LLC (San Francisco)

Core And Value Advisors, LLC is a large advisory firm based in San Francisco. It manages $8.46 billion of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Georgia, Illinois, and New York.

Core And Value Advisors provides 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.

Core And Value Advisors: assets under management

The assets under management (AUM) of Core And Value Advisors, LLC is $8.46 billion. The firm's AUM has grown by 374% since the beginning of its operation, and $33.58 million of the total AUM is attributable to clients outside of the United States.

The firm manages $6.57 billion in discretionary accounts and $1.89 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.09 billion each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $378.25 million.

Core And Value Advisors has custody of $3.51 billion in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Core And Value Advisors, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Core And Value Advisors serves?

The firm provides services to pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Core And Value Advisors is pooled investment vehicles with 5 clients and $4.95 billion of assets under management. Among the 7 most similar advisory firms, Core And Value Advisors has the 3rd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $8.46 billion for 11 clients. 9% of the firm’s clients are foreign persons or businesses.

Core And Value Advisors also advises several private funds. Namely, five real estate funds. The minimum investment commitment required of non-related persons ranges from $55,000 to $100,000,000.

Careers at Core And Value Advisors, LLC

The company employs 77 people that are either part- or full-time employees. 65 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Stephen Michael Steppe	Executive managing director and member (class a units)	1 Aug 2010	Other	2332625
Mark Douglas Carlson	Managing director and member (class a units)	1 Aug 2010	Other	4381034
Douglas Drake Sturiale	Managing director and member (class a units)	1 Aug 2010	Other	5874393
Albert John Jehle	Managing director and member (class a units)	1 Aug 2010	Other	5874395
Sollie Anthony Raso	Managing director and member (class a units)	1 Aug 2010	Other	4381082
Daniel Stephen Weaver	Managing director and member (class a units)	1 Aug 2010	Other	4633910
Jean Marie Murphy Kopans	Managing director and member (class a units)	1 Aug 2010	Other	5874402
Charlene Ann Kiley	Managing director and executive controller	1 Aug 2010	Other	2840038
Terrence E Fancher	Member	1 Aug 2010	Other	1564931
Llc Stockbridge Capital Group	Member (class b units)	1 Aug 2010	50% - 75%	149002
Warren Hans Otto	Managing director and member (class a units)	1 Aug 2010	Other	846567
Daniel Newman	Chief compliance officer	1 Aug 2012	Other	6114135
Tuba Goksel Malinowski	Managing director and member (class a units)	1 Jan 2014	Other	4776339

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Terrence E Fancher	Executive managing director and managing member	1 Apr 2003	75% - 100%	1564931
Gryphon Inc.	Member	1 Jan 2017	25% - 50%	38-4009167
Gryphon Holdings (Uk) Limited	Shareholder	1 Jan 2017	75% - 100%	foreign entity
Gryphon Investment Limited	Member	1 Jan 2017	75% - 100%	foreign entity
Citic Capital Holdings Limited	Member	1 Jan 2017	75% - 100%	foreign entity

Based in San Francisco

The principal office where Core And Value Advisors, LLC performs its advisory services is located at Four Embarcadero Center, San Francisco, CA 94111, which is also the mailing address of the firm. An additional office of the firm is in White Plains, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-658-3300 or by fax 415-399-1926. The normal business hours are 9am to 5pm on Monday - Friday.