Sit/Kim International Investment Associates, Inc. (Minneapolis)

Name: Sit/Kim International Investment Associates, Inc.
Address: 3300 Ids Center, Minneapolis, MN, 55402
Telephone: 612-332-3223

Sit/Kim International Investment Associates, Inc. is a pension cosultant based in Minneapolis. It manages $24.13 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2001.

Sit/Kim International Investment Associates provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Sit/Kim International Investment Associates: assets under management

The assets under management (AUM) of Sit/Kim International Investment Associates, Inc. is $24.13 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -96% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $24.13 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.04 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Sit/Kim International Investment Associates, Inc. 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.

Careers at Sit/Kim International Investment Associates, Inc.

Charles Wheaton Battey has been acting as President since 1 Feb 1989. Andrew Byung Soo Kim joined the executive team most recently as the Shareholder, Advisory Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Eugene C Sit	Chairman, ceo, cio	1 Feb 1989	Other	2421878
Peter Mitchelson	Executive vice president, director	1 Feb 1989	Other	1542826
Edward Morgan Giles	Shareholder, advisory director	1 Feb 1989	Other	220558
Charles Wheaton Battey	Director	1 Feb 1989	Other	4347645
David Lucien Redo	Director	1 Feb 1989	Other	1608687
William Eldridge Frenzel	Director	1 Feb 1989	Other	4347648
Inc Sit Investment Associates	Shareholder	1 Feb 1989	50% - 75%	105725
Inc. Fremont Investors	Shareholder	1 Feb 1989	Other	94-2675217
Roger J Sit	President, coo, deputy cio, director	1 Jan 1998	Other	2174779
Paul Edward Rasmussen	Vice president, chief compliance officer	1 Dec 1998	Other	2421880
Andrew Byung Soo Kim	Shareholder, advisory director	1 Jan 2000	Other	269462

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Eugene C Sit	Shareholder	1 Aug 1981	50% - 75%	2421878
Stephen Davidson Bechtel	Shareholder	1 Dec 1986	25% - 50%	2230421

Based in Minneapolis

The principal office where Sit/Kim International Investment Associates, Inc. performs its advisory services is located at 3300 Ids Center, Minneapolis, MN 55402, 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 612-332-3223 or by fax 612-344-1210. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.sitkim.com.