Champlain Investment Partners, LLC (Burlington)


Champlain Investment Partners, LLC is a large advisory firm based in Burlington. It manages $10.05 billion of regulatory assets for 83 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, New York, Texas, and Vermont.

Champlain Investment Partners provides 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.

Champlain Investment Partners: assets under management

The assets under management (AUM) of Champlain Investment Partners, LLC is $10.05 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 773105% since the beginning of its operation, and $246.95 million of the total AUM is attributable to clients outside of the United States.

The firm manages $10.05 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $121.1 million each.
Champlain Investment Partners has custody of $521.77 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

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

The firm provides services to insurance companies, investment companies, charitable organizations, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Champlain Investment Partners is investment companies with 10 clients and $6.73 billion of assets under management. Among the 7 most similar advisory firms, Champlain Investment Partners has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $9.74 billion for 69 clients. 1% of the firm’s clients are foreign persons or businesses.

Champlain Investment Partners also advises several private funds. Namely, three other private funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $1,000,000.

Careers at Champlain Investment Partners, LLC

The company employs 40 people that are either part- or full-time employees. 40 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
David D Silvera Principal, cco 1 Jul 2004 75% - 100% 1563838
David Diblee Silvera Chief compliance officer, elected manager 1 Jul 2004 Other 1563838
Lp Rosemont Partners I Owner 1 Jul 2004 75% - 100% 06-1582950
David Diblee Silvera Management committee 1 Sep 2004 Other 1563838
Llc Cip Management Company Owner 1 Sep 2004 50% - 75% 201630688
Lp Cip Management Holdings Owner 1 Jan 2008 75% - 100% 201630688
Llc Cip Management Gp Managing member 1 Jan 2008 Other 26-4439728
Wendy Katz Nunez Chief compliance officer 1 Mar 2009 Other 2061350
Wendy Katz Nunez Chief operating officer 1 Jun 2015 Other 2061350
Eric P Ode Chief financial officer 1 Jan 2018 Other 5159081
Matthew S Garcia Chief compliance officer 1 Mar 2018 Other 4960917

Indirect Owners

The SEC currently registers 8 indirect owners.

Name Entity Date acquired Ownership Employer ID
Llc Rosemont Investment Partners General partner 1 May 2000 Other 06-572887
Charles B. Burkhart Managing member 1 May 2000 75% - 100% 4511598
Kbc Bank N.V. Limited partner 1 Jan 2001 25% - 50% foreign entity
Scott Theodore Brayman General and limited partner 1 Sep 2004 Other 1348400
Judith Wilkinson O'connell General and limited partner 1 Sep 2004 Other 2720271
Van Harissis Elected manager 1 Sep 2004 Other 2195483
Judith Wilkinson O'connell Managing member 1 Jan 2008 50% - 75% 2720271
Scott Theodore Brayman Managing member 1 Jan 2008 50% - 75% 1348400

Based in Burlington

The principal office where Champlain Investment Partners, LLC performs its advisory services is located at 180 Battery Street, Burlington, VT 05401 5334, which is also the mailing address of the firm. An additional office of the firm is in Irvine, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (802) 846-6200 or by fax (802) 846-6213. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at cipvt.com.