River Road Asset Management, LLC (Louisville)


River Road Asset Management, LLC is a large advisory firm based in Louisville. It manages $4.24 billion of regulatory assets for 126 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, Delaware, Florida, and 8 other states.

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River Road Asset 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 river road asset management llc is a 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.

River Road Asset Management: assets under management

The assets under management (AUM) of River Road Asset Management, LLC is $4.24 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 15906% since the beginning of its operation, and $1.46 billion of the total AUM is attributable to clients outside of the United States.


The firm manages $4.24 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $33.61 million each.

Investments

The firm invests in exchange traded securities the most. They account for 94% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio. Investments in investment and business development companies form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay River Road Asset Management, LLC 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.

What kind of clients Stuart Douglas Bilton serves?

The firm provides services to investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Stuart Douglas Bilton is investment companies with 8 clients and $1.64 billion of assets under management. Among the 7 most similar advisory firms, River Road Asset Management has the 4th highest percentage of investment companies out of all clients.


The amount of regulatory assets under management is $4.17 billion for 123 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 10% of the firm’s clients are foreign persons or businesses.

River Road Asset Management doesn't advise any private funds.

Careers at River Road Asset Management, LLC

The company employs 44 people that are either part- or full-time employees. 45 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 6 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 receive compensation from other entities for client referrals.

Stuart Douglas Bilton has been acting as President since 1 Mar 2005. Llc Rab Rram joined the executive team most recently as the Member.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Henry Williams Sanders Evp, senior portfolio manager 1 Mar 2005 Other 1030720
James Carl Shircliff Cio 1 Mar 2005 Other 1214473
Richard Andrew Beck Ceo, president 1 Mar 2005 Other 4938012
Thomas Dignan Mueller Coo, chief compliance officer 1 Mar 2005 Other 4938017
Stuart Douglas Bilton Director 1 Mar 2005 Other 1505305
Inc. Abn Amro Asset Management Holdings 45% owner, river road asset management 1 Mar 2005 25% - 50% 36-4041138
James C Shircliff Ceo, director 1 Mar 2005 25% - 50% 1214473
Llc River Road Partners 55% owner, river road asset management, llc 1 Mar 2005 50% - 75% 30-0307924
Russell Campbell Member, board of managers 1 Mar 2005 Other 4712328
Elwood Henry Weilage Member, board of managers 1 Feb 2006 Other 1632470
Thomas Leavitt Member, board of managers 1 Aug 2006 Other 1551506
Andrew Alister King Member, board of managers 1 Nov 2006 Other 5236510
Fortis Bank Nv/Sa 45% owner, river road asset management, llc 1 Mar 2008 25% - 50% foreign entity
Inc. Aviva Investors North America Holdings Owner 1 Feb 2010 75% - 100% 27-1873255
Greg Edward Deuser Chief risk officer 1 Feb 2012 Other 1445141
Thomas Stephen Forsha Co-chief investment officer 1 Jan 2013 Other 2944026
Llc Rram Acquisition Member 1 Jun 2014 50% - 75% 04-3218510
Llc Rab Rram Member 1 Sep 2015 Other 47-4844033
Llc Hws Rram Member 1 Sep 2015 Other 47-4846596

Indirect Owners

The SEC currently registers 10 indirect owners.

Name Entity Date acquired Ownership Employer ID
Abn Amro Bank Nv 100% owner, abn amro north america holding company 1 Mar 1991 75% - 100% 13-2734729
Abn Amro Bank N.V. 100% owner, abn amro asset management n.v. 1 Mar 1991 75% - 100% 13-2734729
Abn Amro North America Holding Company 100% owner, abn amro asset management holdings, inc. 1 Feb 2001 75% - 100% 36-3737560
Abn Amro Asset Management Holding N.V. 100% owner, abn amro asset management holdings, inc. 1 Feb 2001 75% - 100% 36-3737560
Ltd. Aviva Investors Holdings Shareholder 1 Feb 2010 75% - 100% foreign
Ltd. Aviva Group Holdings Shareholder 1 Feb 2010 75% - 100% foreign
Aviva Plc Shareholder 1 Feb 2010 75% - 100% foreign
Inc. Affiliated Managers Group Member 1 Mar 2014 75% - 100% 04-3218510
Richard Andrew Beck Member 1 Sep 2015 75% - 100% 4938012
Henry Williams Sanders Member 1 Sep 2015 75% - 100% 1030720

Based in Louisville

The principal office where River Road Asset Management, LLC performs its advisory services is located at 462 South Fourth Street, Louisville, KY 40202 3466, 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 502-371-4100 or by fax 502-371-4110. The normal business hours are m-th: 8:30am - 5:30pm; f: 8:30am-4pm on Monday - Friday. You can find more information about the New York firm at riverroadam.com.