Dreman Value Management, L.L.C. (West Palm Beach)

Name: Dreman Value Management, L.L.C.
Address: 1515 North Flagler Drive, West Palm Beach, FL, 33401
Telephone: 561-475-2220

Dreman Value Management, L.L.C. is a large advisory firm based in West Palm Beach. It manages $156.77 million of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Dreman Value Management, L.L.C provides portfolio management for individuals and small businesses 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.

Dreman Value Management, L.L.C: assets under management

The assets under management (AUM) of Dreman Value Management, L.L.C. is $156.77 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -97% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $156.77 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7.13 million each.

Investments

The firm invests in exchange traded securities the most. They account for 93% of the total AUM. The second-largest asset type is government bonds, which make up 6% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Dreman Value Management, L.L.C. for their services and products based on a percentage of assets under management. 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.

What kind of clients F. James Hutchinson serves?

The only and largest group of clients of F. James Hutchinson is high net worth individuals with 16 clients and $107.92 million of assets under management. Among the 11 most similar advisory firms, Dreman Value Management, L.L.C has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $107.92 million for 16 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Dreman Value Management, L.L.C doesn't advise any private funds.

Careers at Dreman Value Management, L.L.C.

The company employs 4 people that are either part- or full-time employees. 25 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 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.

F. James Hutchinson has been acting as President since 1 Oct 2000. David Nasaniel Dreman joined the executive team most recently as the Chairman, Chief Investment Officer, Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dreman Family 1988 Trust	Trust	1 Mar 1997	75% - 100%	13-6916533
David Nasaniel Dreman	Chairman, member	1 Apr 1997	Other	1781778
Holly Ann Dreman	Co-trustee	1 Aug 1997	75% - 100%	4374864
Sherrill Hershberg	Co-trustee	1 Aug 1997	75% - 100%	4374869
F. James Hutchinson	President	1 Oct 2000	Other	4374847
Yugi Koga	Senior vice president	1 Jan 2001	Other	4375705
Walter Irvin Kass	Director of research	1 Mar 2001	Other	1134972
Carlyn Sundberg Mccaffrey	Co-trustee	1 Sep 2001	75% - 100%	4644779
Solomon Bernard Dreman	Co-trustee	1 Sep 2001	75% - 100%	4649888
Nelson Prince Woodard	Managing director	1 Dec 2001	Other	2851991
Lloyd Kaishon Jagai	Chief financial officer	1 Dec 2001	Other	4517335
Peter Brian Seligman	Vice-president	1 Jan 2002	Other	2913151
F. James Hutchinson	Executive vice-president	1 Apr 2002	Other	4374847
Thomas Williams Littauer	President	1 Apr 2002	Other	1000831
Lloyd Kaishon Jagai	Ceo	1 Jul 2005	Other	4517335
Lee Augustus Delaporte	Managing director	1 Jan 2006	Other	1162810
Salvatore Rocco Faia	Chief compliance officer	1 Apr 2006	Other	4372361
Boris Onefater	Cfo/coo	1 Jun 2006	Other	5205464
William J Donnelly	Chief technology officer	1 Jun 2006	Other	5229125
F. James Hutchinson	President	1 Dec 2006	Other	4374847
Mark Joseph Roach	Managing director	1 Dec 2006	Other	3021612
Mark Steven Harrell	Managing director	1 Dec 2006	Other	1697520
Emory Clifton Hoover	Co-chief investment officer and managing director	1 Dec 2006	Other	1735351
Emily W Mead	Director, managed accounts, member	1 Oct 2007	Other	3008399
Michael Dennis Appleton	Chief compliance officer	1 Oct 2007	Other	1607165
Emily W Mead	Director, managed accounts	1 Dec 2007	Other	3008399
Robert Andrew Weiner	Interest holder	1 Feb 2008	Other	5653491
Robert A Loverro	Vp of finance	1 Jul 2008	Other	2067448
Salvatore Rocco Faia	Chief compliance officer, interim	1 Oct 2009	Other	4372361
David Edward Greenberg	Director	1 Jan 2010	Other	2405838
Yvonne I Pytlik	Chief compliance officer	1 Mar 2010	Other	4337433
Mark Joseph Roach	Managing director, member	1 Sep 2010	Other	3021612
Emory Clifton Hoover	Chief investment officer, managing director, member	1 Sep 2010	Other	1735351
Emory Clifton Hoover	Chief investment officer and managing director	1 Nov 2010	Other	1735351
Evan Noah Hershberg	Member	1 Apr 2012	Other	4572994
David Kanefsky	General counsel and chief compliance officer	1 Dec 2012	Other	2994534
David Howard Kanefsky	General counsel and chief compliance officer	1 Dec 2012	Other	2994534
Nelson Prince Woodard	Co-chief investment officer and managing director	1 Nov 2013	Other	2851991
Emory Clifton Hoover	Co-chief investment officer and managing director	1 Nov 2013	Other	1735351
Andrew Anthony Romanello	Chief financial officer	1 Dec 2013	Other	6281059
Holly And Meredith Dreman 2013 Trust	Trust, member	1 Jan 2014	50% - 75%	46-7205521
Christian Abadiotakis	Chief financial officer	1 Jun 2014	Other	6384442
Mark Andrew Scovera	Vp of finance	1 Jul 2015	Other	6524005
Adam Handwerker	Vp of finance	1 Jan 2016	Other	6611630
David Nasaniel Dreman	Chairman, chief investment officer, cco	1 Jul 2016	Other	1781778

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Holly Ann Dreman	Trustee	1 Jan 1988	50% - 75%	4374864
Evan Noah Hershberg	Trustee	1 Nov 2013	50% - 75%	4572994
Meredith Wakefield Dreman	Trustee	1 Jan 2016	50% - 75%	6702378

Based in West Palm Beach

The principal office where Dreman Value Management, L.L.C. performs its advisory services is located at 1515 North Flagler Drive, West Palm Beach, FL 33401, 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 561-475-2220 or by fax 561-475-2146. The normal business hours are 8:30am-5:30pm est on Monday - Friday. You can find more information about the New York firm at dreman.com.