Davis Selected Advisers LP is a large advisory firm based in Tucson. It manages $23.09 billion of regulatory assets for 68 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Davis Selected Advisers 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 Davis Selected Advisers LP is $23.09 billion. The firm's AUM has gone down by -41% since the beginning of its operation, and $960.95 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Davis Selected Advisers LP 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.
The firm provides services to individuals, 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 Andrew Adams Davis is investment companies with 21 clients and $15.2 billion of assets under management. Among the 10 most similar advisory firms, Davis Selected Advisers has the 2nd highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $23.09 billion for 151 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 17% of the firm’s clients are foreign persons or businesses.
Davis Selected Advisers doesn't advise any private funds.
The company employs 153 people that are either part- or full-time employees. 8 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.
Andrew Adams Davis has been acting as President since 1 Sep 1989. Randi Jean Roessler joined the executive team most recently as the Vice President, Chief Compliance Officer.
The principal office where Davis Selected Advisers LP performs its advisory services is located at 3600 E. Hemisphere Loop, Tucson, AZ 85706 5041 The mailing address of the firm is 2949 East Elvira Road, Tucson, AZ 85756 7159. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 1-800-279-2279 or by fax 520-434-3770. The normal business hours are 8:00 a.m. to 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at davisadvisors.com.