Van Eck Associates Corporation is a large advisory firm based in New York. It manages $40.81 billion of regulatory assets for 95 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.
Van Eck Associates Corporation provides portfolio management for individuals and small businesses, 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 Van Eck Associates Corporation is $40.81 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1243% since the beginning of its operation, and $327.34 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Van Eck Associates Corporation 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 investment companies, other investment advisers, pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of William Alexander Ullman is investment companies with 71 clients and $39.76 billion of assets under management. Among the 8 most similar advisory firms, Van Eck Associates Corporation has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $40.81 billion for 94 clients. 2% of the firm’s clients are foreign persons or businesses.
Van Eck Associates Corporation also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.
The company employs 206 people that are either part- or full-time employees. 18 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.
Van Eck Associates Corporation is owned by Sigrid Sabottge Vaneck. William Alexander Ullman has been acting as President since 1 Oct 2010. Sigrid S Van Eck Trustee Sigrid S. Van Eck 2016 joined the executive team most recently as the Shareholder.
The principal office where Van Eck Associates Corporation performs its advisory services is located at 666 Third Avenue, New York, NY 10017 4033, 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 212-293-2000 or by fax 212-293-2033. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at vaneck.com and hardassetsinvestor.com.