Dalton Investments LLC is a large advisory firm based in Santa Monica. It manages $3.67 billion of regulatory assets for 41 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California and New York.
Dalton Investments provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. 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 Dalton Investments LLC is $3.67 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 7377% since the beginning of its operation, and $1.58 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Dalton Investments LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Dalton Investments is pooled investment vehicles with 25 clients and $1.56 billion of assets under management. Among the 8 most similar advisory firms, Dalton Investments has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $3.67 billion for 42 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 61% of the firm’s clients are foreign persons or businesses.
Dalton Investments also advises several private funds. Namely, seven hedge funds, two other private funds, and one private equity fund. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.
The company employs 42 people that are either part- or full-time employees. 40 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 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 Dalton Investments LLC performs its advisory services is located at 1601 Cloverfield Boulevard, Santa Monica, CA 90404, which is also the mailing address of the firm. An additional office of the firm is in Redondo Beach, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 424-231-9100 or by fax 424-231-9050. The normal business hours are 6am - 5pm on Monday - Friday. You can find more information about the New York firm at daltoninvestments.com/.