Walthausen & Co., LLC (Malta)

Name: Walthausen & Co., LLC
Address: 2691 Route 9, Malta, NY, 12020 4319
Telephone: 518-371-3450

Walthausen & Co., LLC is a large advisory firm based in Malta. It manages $923.62 million of regulatory assets for 32 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Massachusetts, New Hampshire, New York, and Texas.

Walthausen & Co. provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and provide research services (model portfolios) to a uma sponsor. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Walthausen & Co.: assets under management

The assets under management (AUM) of Walthausen & Co., LLC is $923.62 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 8494% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $923.62 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $28.86 million each.

Investments

The firm invests in exchange traded securities the most. They account for 96% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Walthausen & Co., LLC 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.

What kind of clients Walthausen & Co. serves?

The firm provides services to investment companies, charitable organizations, 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 Walthausen & Co. is investment companies with 4 clients and $708.71 million of assets under management. Among the 8 most similar advisory firms, Walthausen & Co. has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $923.62 million for 32 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.

Walthausen & Co. also advises several private funds.

Careers at Walthausen & Co., LLC

The company employs 10 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
John Butler Walthausen	Managing director/member	1 Aug 2007	50% - 75%	1282341
Paul Timothy Nichols	Vice president - trading/member	1 Aug 2007	Other	2536211
Stanley M Westhoff	Member	1 Aug 2007	Other	5146511
Deforest R. Hinman	Member	1 Aug 2007	Other	4924034
Stanley Michael Westhoff	Member	1 Aug 2007	Other	5146511
Deforest Richard Hinman	Member	1 Aug 2007	Other	4924034
Mark Joseph Keeler	Managing director and coo	1 Aug 2007	25% - 50%	3124541
Mark Logan Hodge	Chief compliance officer/member	1 Sep 2007	Other	1242706
Curtis John Lasek	Member	1 Jan 2013	Other	4141606
Brian D Rath	Member	1 Jan 2016	Other	5173498

Based in Malta

The principal office where Walthausen & Co., LLC performs its advisory services is located at 2691 Route 9, Malta, NY 12020 4319, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 518-371-3450 or by fax 518-371-3980. The normal business hours are 8.30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at walthausenfunds.com.