Diamond Hill Capital Management Inc is a large advisory firm based in Columbus. It manages $19.11 billion of regulatory assets for 2,895 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Connecticut, and 15 other states.
Diamond Hill Capital Management provides portfolio management for individuals and small businesses, 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.
The assets under management (AUM) of Diamond Hill Capital Management Inc is $19.11 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 58335% since the beginning of its operation, and $604.38 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Diamond Hill Capital Management Inc for their services and products based on a percentage of assets under management 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 individuals, insurance companies, investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Christopher M. Bingaman is investment companies with 20 clients and $14.6 billion of assets under management. Among the 10 most similar advisory firms, Diamond Hill Capital Management has the 2nd highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $19.11 billion for 2,895 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.
Diamond Hill 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 125 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 2 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.
Christopher M. Bingaman has been acting as President since 1 Jan 2014. Heather Brilliant joined the executive team most recently as the Chief Executive Officer And President.
The principal office where Diamond Hill Capital Management Inc performs its advisory services is located at 325 John H. Mcconnell Blvd., Columbus, OH 43215, 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 614-255-3333 or by fax 614-255-3363. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at diamond-hill.com.