Van Den Berg Management I, Inc. (Austin)


Van Den Berg Management I, Inc. is a large advisory firm based in Austin. It manages $1.03 billion of regulatory assets for 913 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Van Den Berg Management I provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and educational seminars and workshops. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Van Den Berg Management I: assets under management

The assets under management (AUM) of Van Den Berg Management I, Inc. is $1.03 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -46% since the beginning of its operation, and $367.54 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.03 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.13 million each.

Investments

The firm invests in exchange traded securities the most. They account for 73% of the total AUM. The second-largest asset type is investment and business development companies, which make up 14% of the firm’s portfolio. Investments in cash and cash equivalents form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Van Den Berg Management I, Inc. for their services and products based on a percentage of assets under management, fixed fees, 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 Van Den Berg Management I serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Van Den Berg Management I is high net worth individuals with 122 clients and $285.42 million of assets under management. Among the 4 most similar advisory firms, Van Den Berg Management I has the 2nd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.03 billion for 913 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.

Van Den Berg Management I doesn't advise any private funds.

Careers at Van Den Berg Management I, Inc.

The company employs 24 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. 12 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
Arnold Van Den Berg Chairman and co-chief investment officer 1 May 1974 25% - 50% 4543101
James David Brilliant Co-chief investment officer and cfo 1 Jan 1986 Other 4391606
Scott Schain Van Den Berg President and coo 1 May 1991 Other 2646693
Justin Benton Vaughn Accounting and reporting team 1 Sep 2005 Other 7051933
Sean Golliher Chief compliance officer 1 Jan 2011 Other 6017151
John Wayne Purvis Chief compliance officer 1 Jul 2015 Other 3091958
Lisa Annette Stroud Chief compliance officer 1 Dec 2016 Other 3145700

Based in Austin

The principal office where Van Den Berg Management I, Inc. performs its advisory services is located at 805 Las Cimas Parkway, Austin, TX 78746 9903, 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 800-664-4888 or by fax 512-329-0816. 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 cmadvisorsfunds.com/ and its LinkedIn profile.