Old West Investment Management, LLC is a large advisory firm based in Los Angeles. It manages $175.73 million of regulatory assets for 254 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of California.
Old West Investment Management provides portfolio management for individuals and small businesses, 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 Old West Investment Management, LLC is $175.73 million. The firm's AUM has grown by 220% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Old West Investment 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.
The firm provides services to individuals, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Old West Investment Management is pooled investment vehicles with 6 clients and $110.69 million of assets under management. Among the 10 most similar advisory firms, Old West Investment Management has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $175.27 million for 253 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Old West Investment Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $250,000.
The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.
The principal office where Old West Investment Management, LLC performs its advisory services is located at 601 South Figueroa Street, Los Angeles, CA 90017, 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 (213) 943-1740 or by fax (213) 943-1741. The normal business hours are 6:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at oldwestim.com.