Sun Valley Gold LLC (Ketchum)


Sun Valley Gold LLC is a large advisory firm based in Ketchum. It manages $543.67 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Idaho.

Sun Valley Gold provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and consultations with 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.

Sun Valley Gold: assets under management

The assets under management (AUM) of Sun Valley Gold LLC is $543.67 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1210% since the beginning of its operation, and $176.25 million of the total AUM is attributable to clients outside of the United States.

The firm manages $543.67 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $90.61 million each.
Sun Valley Gold has custody of $253.57 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 56% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 40% of the firm’s portfolio. Investments in other assets form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sun Valley Gold LLC 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 Sun Valley Gold serves?

The only and largest group of clients of Sun Valley Gold is pooled investment vehicles with 3 clients and $253.57 million of assets under management. Among the 12 most similar advisory firms, Sun Valley Gold has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $253.57 million for 3 clients. 50% of the firm’s clients are foreign persons or businesses.

Sun Valley Gold also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Sun Valley Gold LLC

The company employs 15 people that are either part- or full-time employees. 87 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Linda Joan Kish Chief compliance officer, chief legal officer, member 1 Jan 1999 Other 4378997
Peter Franklin Palmedo President, sun valley gold company, managing member 1 Jan 1999 Other 721012
Sun Valley Gold Company Managing member 1 Jan 1999 75% - 100% 82-0449493
Peter Franklin Palmedo Managing member, president 1 Aug 2003 Other 721012
John Michael Pacilio Member 1 Aug 2003 Other 1530958
Lara Beth Stone Managing director, operations, member 1 Apr 2006 Other 5316041
Werner Michael Morawitz Managing director, investments 1 Apr 2006 Other 5316043
Christian Kenneth Falck Managing director, research 1 Apr 2006 Other 5316519
Palmedo Holdings Lllp Managing member 1 Jan 2010 75% - 100% 27-2239536
Sandra Shaw Chief financial officer, member 1 Jan 2011 Other 2507895
Sandra Strong Chief financial officer 1 Jan 2011 Other 2507895
Nicole Sheri Adshead Bell Director of mining research 1 Jan 2012 Other 5774396
Douglas Michael Ellsley Member, chief technology officer 1 Jan 2015 Other 6929512
Andrew Patrick Ham Director of mining analysis 1 Jun 2015 Other 6776870

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Peter Franklin Palmedo General partner 1 Jan 2009 Other 721012
Jane Brittain Palmedo General partner 1 Jan 2009 Other 708175
Sun Valley Gold Company Limited partner 1 Jan 2010 75% - 100% 82-0449493

Based in Ketchum

The principal office where Sun Valley Gold LLC performs its advisory services is located at 620 Sun Valley Rd, Ketchum, ID 83340 The mailing address of the firm is P.O. Box 2211, Ketchum, ID 83340. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 208-726-0237 or by fax 208-726-0842. The normal business hours are 7:00 am - 3:00 pm mst on Monday - Friday. You can find more information about the New York firm at svgold.com.