St. Denis J. Villere & Co., LLC (New Orleans)


St. Denis J. Villere & Co., LLC is a large advisory firm based in New Orleans. It manages $1.89 billion of regulatory assets for 596 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Florida, Louisiana, and 3 other states.

St. Denis J. Villere & Co. provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

St. Denis J. Villere & Co.: assets under management

The assets under management (AUM) of St. Denis J. Villere & Co., LLC is $1.89 billion. The firm's AUM has grown by 77% since the beginning of its operation, and $1.88 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.87 billion in discretionary accounts and $26.49 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.17 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.78 million.
St. Denis J. Villere & Co. has custody of $778.52 million in cash and securities for 321 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 78% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 12% of the firm’s portfolio. Investments in investment grade corporate bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay St. Denis J. Villere & Co., LLC for their services and products based on a percentage of assets under management. 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 St. Denis J. Villere & Co. serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of St. Denis J. Villere & Co. is high net worth individuals with 407 clients and $1.02 billion of assets under management. Among the 7 most similar advisory firms, St. Denis J. Villere & Co. has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.89 billion for 596 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.

St. Denis J. Villere & Co. doesn't advise any private funds.

Careers at St. Denis J. Villere & Co., LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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
George Gabriel Villere Member 1 Dec 2003 Other 454821
St Denis Julien Villere Member 1 Dec 2003 25% - 50% 454819
George Villere Young Chief compliance officer 1 Dec 2003 25% - 50% 1316383
St Denis Julian Villere Member 1 Dec 2003 50% - 75% 454819
St. Denis Julien Villere Member 1 Jan 2004 Other 2917584
Stdenis Julien Villere Member 1 Jan 2004 25% - 50% 2917584
Lamar G Villere Member 1 Oct 2016 Other 2937434

Based in New Orleans

The principal office where St. Denis J. Villere & Co., LLC performs its advisory services is located at 601 Poydras Street, Suite 1808, New Orleans, LA 70130 6308, 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 504-525-0808 or by fax 504-522-2747. The normal business hours are 8:15 a.m. - 4:45 p.m. on Monday - Friday. You can find more information about the New York firm at villere.com.

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