Deprince, Race & Zollo, Inc. (Winter Park)

Name: Deprince, Race & Zollo, Inc.
Address: 250 Park Avenue South, Winter Park, FL, 32789
Telephone: 407-420-9903

Deprince, Race & Zollo, Inc. is a large advisory firm based in Winter Park. It manages $3.92 billion of regulatory assets for 82 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Florida, Georgia, and 4 other states.

Deprince, Race & Zollo provides 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.

Deprince, Race & Zollo: assets under management

The assets under management (AUM) of Deprince, Race & Zollo, Inc. is $3.92 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -54% since the beginning of its operation, and $183.84 million of the total AUM is attributable to clients outside of the United States.

The firm manages $3.92 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $47.78 million each.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Deprince, Race & Zollo, Inc. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Deprince, Race & Zollo serves?

The firm provides services to investment companies, charitable organizations, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Deprince, Race & Zollo is pension and profit sharing plans with 28 clients and $1.69 billion of assets under management. Among the 10 most similar advisory firms, Deprince, Race & Zollo has the 3rd highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $3.92 billion for 82 clients. 1% of the firm’s clients are foreign persons or businesses.

Deprince, Race & Zollo also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.

Careers at Deprince, Race & Zollo, Inc.

The company employs 35 people that are either part- or full-time employees. 51 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Gregory Mark Deprince	Principal, chairman, mgmt committee member	1 Mar 1995	Other	4381666
John Dudley Race	Principal,co-ceo, mgmt committee member	1 Mar 1995	Other	4381669
Jr. Victor Anthony Zollo	Principal,president,co-ceo, mgmt committee member	1 Mar 1995	Other	4381674
The John D. Race Trust	Shareholder	1 Mar 1998	Other	xxx-xx-xxxx
Gregory Todd Ramsby	Principal, mgmt committee member	1 Apr 2001	Other	5315404
Jill Susan Lynch	Principal, mgmt committee member	1 Apr 2001	Other	5315409
Kelly Weber Carbone	Principal, mgmt committee member	1 Apr 2001	Other	5315410
Jr. Revocable Trust The Victor A. Zollo	Shareholder	1 Feb 2002	Other	xxx-xx-xxxx
The Gregory M. Deprince Trust	Shareholder	1 Aug 2008	Other	xxx-xx-xxxx
Laurie Harlen Cheek	Co-portfolio manager	1 Dec 2009	Other	6316544
Angela Anne Johnston	Cfo, mgmt committee member	1 Jan 2010	Other	5751668
Harry Christopher Radovich	Co-portfolio manager	1 Jan 2010	Other	1672710
Darren Christopher Weems	Co-portfolio manager	1 Jan 2011	Other	4322722
Gregory T. Ramsby Trust 1/14/99	Shareholder	1 Dec 2011	Other	xxx-xx-xxxx
Kelly W. Carbone Revocable Trust 11/1/2005	Shareholder	1 Dec 2011	Other	xxx-xx-xxxx
Marc Phillip Miller	Co-portfolio manager	1 Mar 2012	Other	4044345
Randy Allen Renfrow	Co-portfolio manager	1 Jan 2013	Other	4417907
Regina Clancy	Co-portfolio manager	1 Jan 2013	Other	6316545
Adelbert R. Sanchez	Chief compliance officer	1 Feb 2013	Other	6177311
Adam Turner Lawson	Co-portfolio manager	1 Feb 2013	Other	4545104
Adelbert Roberto Sanchez	Chief compliance officer	1 Feb 2013	Other	6177311
Jill S. Lynch Living Trust 2/12/13	Shareholder	1 Apr 2013	Other	xxx-xx-xxxx

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Gregory Mark Deprince	Trustee	1 Jun 1998	Other	4381666
John Dudley Race	Trustee	1 Jun 1998	Other	4381669
Jr. Victor Anthony Zollo	Trustee	1 Jun 1998	Other	4381674
Gregory Todd Ramsby	Trustee	1 Jan 1999	Other	5315404
Kelly Weber Carbone	Trustee	1 Nov 2005	Other	5315410
Jill Susan Lynch	Trustee	1 Feb 2013	Other	5315409

Based in Winter Park

The principal office where Deprince, Race & Zollo, Inc. performs its advisory services is located at 250 Park Avenue South, Winter Park, FL 32789, 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 407-420-9903 or by fax 407-841-8778. 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 drz-inc.com.