Van Biema Value Partners, LLC (New York)


Van Biema Value Partners, LLC is a large advisory firm based in New York. It manages $762.51 million of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2005.

Van Biema Value Partners provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Van Biema Value Partners: assets under management

The assets under management (AUM) of Van Biema Value Partners, LLC is $762.51 million. The firm's AUM has grown by 3089% since the beginning of its operation, and $59.36 million of the total AUM is attributable to clients outside of the United States.

The firm manages $159.71 million in discretionary accounts and $602.81 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $19.96 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $120.56 million.

Investments

The firm invests in pooled investment vehicles the most. They account for 54% of the total AUM. The second-largest asset type is exchange traded securities, which make up 21% of the firm’s portfolio. Investments in investment and business development companies form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Van Biema Value Partners, LLC for their services and products based on a percentage of assets under management, fixed fees, 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 Van Biema Value Partners serves?

The firm provides services to high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Van Biema Value Partners is pension and profit sharing plans with 1 clients and $372.49 million of assets under management. Among the 9 most similar advisory firms, Van Biema Value Partners has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $583.1 million for 10 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 25% of the firm’s clients are foreign persons or businesses.

Van Biema Value Partners also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $1,000,000.

Careers at Van Biema Value Partners, LLC

The company employs 6 people that are either part- or full-time employees. 67 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Michael Van Biema Ceo 1 Jul 2004 50% - 75% 5076864
Curtis Shang Lee Coo, cfo, cco 1 Jul 2004 Other 2811652
Edward Walter Conard Shareholder 1 Jul 2004 Other 2118741
Michael Anthony Corasaniti Shareholder 1 Jul 2004 Other 1844804
Alan Russell Kahn Shareholder 1 Jul 2004 Other 263073
Regina Marie Pitaro Shareholder 1 Jul 2004 Other 1046970
Antonio R. Sanchez Shareholder 1 Jul 2004 Other 5076870
Gabelli Securities Inc. Shareholder 1 Jul 2004 Other 13-3379374
Llc Gemini Capital Management Shareholder 1 Jul 2004 Other 13-4082425
Inc. Kahn Brothers & Co. Shareholder 1 Jul 2004 Other 13-2948997
Howard Wilton Geiger Shareholder 1 Jul 2004 Other 835198
Van Biema Family 2005 Gst Trust Partial owner 1 Aug 2005 Other 27-7058880
Samuel Michael Klier Chief financial officer 1 Sep 2008 Other 5601420
Samuel Michael Klier Chief compliance officer 1 Apr 2009 Other 5601420
Stephen Gerard Bondi Chief operating officer 1 Jun 2010 Other 1081770
Charles Morgan Royce Partial owner 1 Jul 2011 Other 406314

Indirect Owners

The SEC currently registers 7 indirect owners.

Name Entity Date acquired Ownership Employer ID
Gamco Inc. Shareholder 1 Jul 2004 75% - 100% 13-4007862
Irving Kahn Shareholder 1 Jul 2004 25% - 50% 263120
Donald William Kahn Shareholder 1 Jul 2004 25% - 50% 1459093
Thomas Graham Kahn Shareholder 1 Jul 2004 25% - 50% 263171
Marc Joseph Gabelli Shareholder 1 Jul 2004 50% - 75% 2236722
Matthew Robert Gabelli Shareholder 1 Jul 2004 50% - 75% 2561439
Lavinia Edgarda Lorch Trustee 1 Aug 2005 Other 6043001

Based in New York

The principal office where Van Biema Value Partners, LLC performs its advisory services is located at 745 5 Th Avenue, New York, NY 10151, 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 212-308-5900 or by fax 212-308-5949. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at vbvaluepartners.com.

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