Van Den Berg Management I, Inc. (Austin)

Name: Van Den Berg Management I, Inc.
Address: 805 Las Cimas Parkway, Austin, TX, 78746 9903
Telephone: 800-664-4888

Van Den Berg Management I, Inc. is a large advisory firm based in Austin. It manages $1.03 billion of regulatory assets for 913 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Van Den Berg Management I provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and educational seminars and workshops. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Van Den Berg Management I: assets under management

The assets under management (AUM) of Van Den Berg Management I, Inc. is $1.03 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -46% since the beginning of its operation, and $367.54 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.03 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.13 million each.

Investments

The firm invests in exchange traded securities the most. They account for 73% of the total AUM. The second-largest asset type is investment and business development companies, which make up 14% of the firm’s portfolio. Investments in cash and cash equivalents form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Van Den Berg Management I, Inc. 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 Van Den Berg Management I serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Van Den Berg Management I is high net worth individuals with 122 clients and $285.42 million of assets under management. Among the 4 most similar advisory firms, Van Den Berg Management I has the 2nd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.03 billion for 913 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.

Van Den Berg Management I doesn't advise any private funds.

Careers at Van Den Berg Management I, Inc.

The company employs 24 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. 12 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
Arnold Van Den Berg	Chairman and co-chief investment officer	1 May 1974	25% - 50%	4543101
James David Brilliant	Co-chief investment officer and cfo	1 Jan 1986	Other	4391606
Scott Schain Van Den Berg	President and coo	1 May 1991	Other	2646693
Justin Benton Vaughn	Accounting and reporting team	1 Sep 2005	Other	7051933
Sean Golliher	Chief compliance officer	1 Jan 2011	Other	6017151
John Wayne Purvis	Chief compliance officer	1 Jul 2015	Other	3091958
Lisa Annette Stroud	Chief compliance officer	1 Dec 2016	Other	3145700

Based in Austin

The principal office where Van Den Berg Management I, Inc. performs its advisory services is located at 805 Las Cimas Parkway, Austin, TX 78746 9903, 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 800-664-4888 or by fax 512-329-0816. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at cmadvisorsfunds.com/ and its LinkedIn profile.