Vident Investment Advisory, LLC (Alpharetta)


Vident Investment Advisory, LLC is a large advisory firm based in Alpharetta. It manages $4.01 billion of regulatory assets for 126 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Georgia, Illinois, and 5 other states.

Vident Investment Advisory provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Vident Investment Advisory: assets under management

The assets under management (AUM) of Vident Investment Advisory, LLC is $4.01 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1548% since the beginning of its operation, and $18.85 million of the total AUM is attributable to clients outside of the United States.

The firm manages $4.01 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $31.85 million each.

Investments

The firm invests in state and local bonds the most. They account for 43% of the total AUM. The second-largest asset type is government bonds, which make up 30% of the firm’s portfolio. Investments in investment grade corporate bonds form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Vident Investment Advisory, LLC for their services and products based on a percentage of assets under management and fixed 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 Denise Marie Krisko serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Denise Marie Krisko is investment companies with 38 clients and $3.87 billion of assets under management. Among the 11 most similar advisory firms, Vident Investment Advisory has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $4.01 billion for 126 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Vident Investment Advisory doesn't advise any private funds.

Careers at Vident Investment Advisory, LLC

The company employs 10 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 2 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.

Denise Marie Krisko has been acting as President since 1 Nov 2014. Shirish Trimbak Malekar has served as the Chief Investment Officer since 1 Mar 2015 and Nicholas Arnold Stonestreet is the Chief Executive Officer of Vident Investment Advisory, LLC family office. Brian Lowell Shepler joined the executive team most recently as the Trustee.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Llc Vident Financial Member 1 Mar 2014 75% - 100% 90-1012699
Nicholas Arnold Stonestreet Chief executive officer 1 Mar 2014 Other 2344559
Andrew Thomas Schmuhl Chief compliance officer 1 Mar 2014 Other 4011301
Denise Marie Krisko President 1 Nov 2014 Other 2121344
Shirish Trimbak Malekar Chief investment officer 1 Mar 2015 Other 1770950
Jumana Poonawala Chief operating officer 1 Jul 2016 Other 6694962
Anne Christine Czizek Chief compliance officer 1 Dec 2016 Other 1379550
Anne Christine Czizek Chief compliance officer 1 Jan 2017 Other 1379550
Deborah Kay Kimery Executive committee member 1 Sep 2017 Other 2919976
Vince Leonard Birley Managing member and executive committee member 1 Sep 2017 Other 1406263

Indirect Owners

The SEC currently registers 6 indirect owners.

Name Entity Date acquired Ownership Employer ID
Vident Investors' Oversight Trust Member 1 Aug 2013 75% - 100% 46-3540159
Nicholas Arnold Stonestreet Trustee 1 Aug 2013 Other 2344559
Andrew Thomas Schmuhl Trustee 1 Aug 2013 Other 4011301
Vince Leonard Birley Trustee 1 Aug 2013 Other 1406263
Brian Lowell Shepler Trustee 1 Sep 2018 Other 2709849
Mohammad Immanuel Baki Trustee 1 Sep 2018 Other 2583093

Based in Alpharetta

The principal office where Vident Investment Advisory, LLC performs its advisory services is located at 1125 Sanctuary Pkwy, Alpharetta, GA 30009, which is also the mailing address of the firm. An additional office of the firm is in Morristown, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (404) 487-1961 or by fax (404) 487-1962. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at videntinvestmentadvisory.com/.