Palo Alto Investors, LLC is a large advisory firm based in Palo Alto. It manages $2.48 billion of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California and Washington.
Palo Alto Investors provides 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.
The assets under management (AUM) of Palo Alto Investors, LLC is $2.48 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1228% since the beginning of its operation, and $815 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Palo Alto Investors, 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 only and largest group of clients of Palo Alto Investors is pooled investment vehicles with 14 clients and $2.48 billion of assets under management. Among the 11 most similar advisory firms, Palo Alto Investors has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $2.48 billion for 14 clients. 54% of the firm’s clients are foreign persons or businesses.
Palo Alto Investors also advises several private funds. Namely, six hedge funds and one private equity fund. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.
The company employs 13 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 2 people 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 Palo Alto Investors, LLC performs its advisory services is located at 470 University Avenue, Palo Alto, CA 94301 1812, 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 650-325-0772 or by fax 650-325-5028. 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 pa-investors.com.