Deprince, Race & Zollo, Inc. is a large advisory firm based in Winter Park. It manages $3.92 billion of regulatory assets for 82 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Florida, Georgia, and 4 other states.
Deprince, Race & Zollo 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.
The assets under management (AUM) of Deprince, Race & Zollo, Inc. is $3.92 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -54% since the beginning of its operation, and $183.84 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Deprince, Race & Zollo, Inc. 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.
The firm provides services to 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 Deprince, Race & Zollo is pension and profit sharing plans with 28 clients and $1.69 billion of assets under management. Among the 10 most similar advisory firms, Deprince, Race & Zollo has the 3rd highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $3.92 billion for 82 clients. 1% of the firm’s clients are foreign persons or businesses.
Deprince, Race & Zollo also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.
The company employs 35 people that are either part- or full-time employees. 51 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Deprince, Race & Zollo, Inc. performs its advisory services is located at 250 Park Avenue South, Winter Park, FL 32789, 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 407-420-9903 or by fax 407-841-8778. 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 drz-inc.com.