Hotchkis And Wiley Capital Management, LLC is a large advisory firm based in Los Angeles. It manages $27.76 billion of regulatory assets for 97 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Illinois, Massachusetts, and 4 other states.
Hotchkis And Wiley Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and model portfolio provider. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Hotchkis And Wiley Capital Management, LLC is $27.76 billion. The firm's AUM has grown by 563% since the beginning of its operation, and $1.89 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Hotchkis And Wiley Capital Management, LLC for their services and products based on a percentage of assets under management, fixed fees, 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.
The firm provides services to investment companies, charitable organizations, other investment advisers, pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Scott Hoy Mcbride is investment companies with 17 clients and $16.78 billion of assets under management. Among the 7 most similar advisory firms, Hotchkis And Wiley Capital Management has the 2nd highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $27.68 billion for 80 clients. 9% of the firm’s clients are foreign persons or businesses.
Hotchkis And Wiley Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
The company employs 60 people that are either part- or full-time employees. 48 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Scott Hoy Mcbride has been acting as President since 1 Jan 2016. Harriet C Stephens joined the executive team most recently as the Trustee.
The principal office where Hotchkis And Wiley Capital Management, LLC performs its advisory services is located at 601 South Figueroa Street, Los Angeles, CA 90017 5704, which is also the mailing address of the firm. An additional office of the firm is in Corona Del Mar, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 213-430-1000 or by fax 213-430-1001. The normal business hours are 6:30 a.m. to 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at hwcm.com.