Van Eck Associates Corporation (New York)

Name: Van Eck Associates Corporation
Address: 666 Third Avenue, New York, NY, 10017 4033
Telephone: 212-293-2000

Van Eck Associates Corporation is a large advisory firm based in New York. It manages $40.81 billion of regulatory assets for 95 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Van Eck Associates Corporation provides portfolio management for individuals and small businesses, 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.

Van Eck Associates Corporation: assets under management

The assets under management (AUM) of Van Eck Associates Corporation is $40.81 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1243% since the beginning of its operation, and $327.34 million of the total AUM is attributable to clients outside of the United States.

The firm manages $40.81 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $429.55 million each.

Van Eck Associates Corporation has custody of $634.44 million in cash and securities for 13 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Van Eck Associates Corporation for their services and products based on a percentage of assets under management and performance-based fees. 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 William Alexander Ullman serves?

The firm provides services to investment companies, other investment advisers, pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of William Alexander Ullman is investment companies with 71 clients and $39.76 billion of assets under management. Among the 8 most similar advisory firms, Van Eck Associates Corporation has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $40.81 billion for 94 clients. 2% of the firm’s clients are foreign persons or businesses.

Van Eck Associates Corporation also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Van Eck Associates Corporation

The company employs 206 people that are either part- or full-time employees. 18 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Van Eck Associates Corporation is owned by Sigrid Sabottge Vaneck. William Alexander Ullman has been acting as President since 1 Oct 2010. Sigrid S Van Eck Trustee Sigrid S. Van Eck 2016 joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Carel Vaneck	Chairman, owner & director	1 Apr 1984	25% - 50%	452941
Sigrid Sabottge Vaneck	Owner	1 Apr 1984	25% - 50%	1469002
Jan Frederick Vaneck	Chairman, president, director and principal	1 Jan 1988	50% - 75%	1695680
Derek Steven Vaneck	Executive vice president, director, owner & chief investment officer	1 Jul 1993	25% - 50%	1535069
Bruce John Smith	Senior vice president, chief financial officer, treasurer, controller and director	1 Jun 1997	Other	1279698
Keith James Carlson	President	1 Feb 2004	Other	1328473
Joseph James Mcbrien	Senior vice president and general counsel	1 Dec 2005	Other	2037820
Jonathan Rich Simon	Vice president and assistant secretary	1 Aug 2006	Other	5313394
Thomas Kevin Lynch	Vice president & chief compliance officer	1 Dec 2006	Other	2716791
William Alexander Ullman	Director	1 Oct 2010	Other	1991837
Agnes Blanc Trustee Deborah Van Eck 2010 Trust	Shareholder	1 Dec 2010	Other	35-6889866
Robert Rudoy Grusky	Director	1 May 2012	Other	1721579
Jr Revocable Trust Sigrid Sabottge Van Eck Trustee John C. Van Eck	Shareholder	1 Apr 2013	Other	xxx-xx-xxxx
Janet Squitieri	Vice president, global head of compliance and chief compliance officer	1 Sep 2013	Other	2947248
Jonathan Rich Simon	Vice president, general counsel and secretary	1 Feb 2014	Other	5313394
Sigrid Sabottge Van Eck Trustee Sigrid S. Van Eck Revocable Trust	Shareholder	1 Feb 2015	Other	xxx-xx-xxxx
Sigrid S Van Eck Trustee Sigrid S. Van Eck 2016 Grat	Shareholder	1 Feb 2015	Other	xxx-xx-xxxx
Jan Van Eck Trustee Jan F. Van Eck 2016 Grat	Shareholder	1 Sep 2016	25% - 50%	xxx-xx-xxxx
Jan Van Eck Trustee Jan Van Eck 2016 Grat	Shareholder	1 Sep 2016	25% - 50%	xxx-xx-xxxx
Jan Van Eck Trustee Jan Frederick Van Eck Revocable Trust	Shareholder	1 Oct 2016	25% - 50%	xxx-xx-xxxx
Irina Toyberman	Chief compliance officer	1 Sep 2017	Other	2748064
Francesco Michael Gozzillo	Chief compliance officer	1 Jan 2018	Other	2099916
Lee Robert Rappaport	Vice president, chief financial officer and treasurer	1 Jul 2018	Other	4682842
Sigrid S Van Eck Trustee Sigrid S. Van Eck 2016	Shareholder	1 Oct 2018	Other	xxx-xx-xxxx
Jan Van Eck Trustee Jan F. Van Eck 2018 Grat	Shareholder	1 Oct 2018	25% - 50%	xxx-xx-xxxx
Robert Grusky Trustee Jan Van Eck 2016 Family Irrevocable Trust	Shareholder	1 Oct 2018	Other	xxx-xx-xxxx
Sigrid S Van Eck Trustee Sigrid S. Van Eck 2018 Grat	Shareholder	1 Oct 2018	Other	xxx-xx-xxxx
Jan Van Eck Trustee Jan Van Eck 2018 Grat	Shareholder	1 Oct 2018	25% - 50%	xxx-xx-xxxx

Based in New York

The principal office where Van Eck Associates Corporation performs its advisory services is located at 666 Third Avenue, New York, NY 10017 4033, 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 212-293-2000 or by fax 212-293-2033. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at vaneck.com and hardassetsinvestor.com.