Palo Alto Investors, LLC (Palo Alto)

Name: Palo Alto Investors, LLC
Address: 470 University Avenue, Palo Alto, CA, 94301 1812
Telephone: 650-325-0772

Palo Alto Investors, LLC is a large advisory firm based in Palo Alto. It manages $2.48 billion of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California and Washington.

Palo Alto Investors provides 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.

Palo Alto Investors: assets under management

The assets under management (AUM) of Palo Alto Investors, LLC is $2.48 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1228% since the beginning of its operation, and $815 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.48 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $176.93 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Palo Alto Investors, LLC 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 Palo Alto Investors serves?

The only and largest group of clients of Palo Alto Investors is pooled investment vehicles with 14 clients and $2.48 billion of assets under management. Among the 11 most similar advisory firms, Palo Alto Investors has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.48 billion for 14 clients. 54% of the firm’s clients are foreign persons or businesses.

Palo Alto Investors also advises several private funds. Namely, six hedge funds and one private equity fund. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.

Careers at Palo Alto Investors, LLC

The company employs 13 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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
Ted Janus	Member	1 Nov 2000	Other	2558525
Palo Alto Investors	Manager and member	1 Nov 2000	Other	94-3088699
William Leland Edwards	President and member of registrant, president of palo alto investors, manager	1 Nov 2000	75% - 100%	1630481
Karen Miyake Trailer	Member	1 Nov 2000	Other	4378755
Jennifer Lynn Trailer	Member	1 Nov 2000	Other	4378827
Anthony Joonkyoo Yun	Member	1 Nov 2000	Other	4378845
Paul Lincoln Zweng	Member	1 Nov 2000	Other	4378865
David Jonathan Anderson	Member	1 Jan 2004	Other	3157964
Patrick Y Lee	Member	1 Jan 2004	Other	4939794
Albert Che Hao Chang	Member	1 Jan 2005	Other	5291542
Buford Ray Conley	Member	1 Jan 2005	Other	5291573
Debasish Banerjee	Cco	1 Mar 2006	Other	1555979
Mark Ramsey Shamia	Member, chief operating officer	1 Sep 2006	Other	2519405
Scott Randall Smith	Chief compliance officer	1 Feb 2007	Other	2943398
William Leland Edwards	Founder	1 Jan 2013	25% - 50%	1630481
Anthony Joonkyoo Yun	Co-managing member	1 Jan 2013	25% - 50%	4378845
Patrick Y Lee	Co-managing member	1 Jan 2013	25% - 50%	4939794
Kai C Wu	Chief financial officer/chief compliance officer	1 Feb 2014	Other	5656007
Angela E Nguyen Dinh	Chief compliance officer	1 Apr 2016	Other	4792717

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
William Leland Edwards	Shareholder	1 Nov 1989	75% - 100%	1630481

Based in Palo Alto

The principal office where Palo Alto Investors, LLC performs its advisory services is located at 470 University Avenue, Palo Alto, CA 94301 1812, 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 650-325-0772 or by fax 650-325-5028. The normal business hours are 6:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at pa-investors.com.