LSV Asset Management is a fee-based financial advisory firm that mainly caters to institutional clients. Though it does business with a small number of high-net-worth clients, this is not the firm’s primary business.
If you are looking for an advisor that caters to individual clients, consider finding one with SmartAsset’s free financial advisor matching service.
LSV Asset Management Background
LSV was founded in 1994. The majority of the firm is owned by a partnership between the management and the firm’s retired employee partners. SEI Funds, Inc., a wholly-owned subsidiary of SEI Investments Company, holds a minority position.
LSV Asset Management Client Types and Minimum Account Sizes
The firm mostly works with institutional clients, including investment companies, pooled investment vehicles, pension and profit-sharing plans, charitable organizations, state or municipal government entities, sovereign wealth funds and corporations.
The minimum account size varies based on the services provided and the type of client but is generally between $10 million and $100 million.
Services Offered by LSV Asset Management
The following services are available through LSV:
- Investment management
- Mutual funds
- Equity funds
Investment Philosophy
LSV’s website says that the firm looks to create superior long-term results through systematically exploiting judgemental bases and behavioral weaknesses that impact many investors when making decisions. The firm uses a quantitative investment model to pick undervalued stocks it believes will provide superior growth in the future.
Fees Under LSV Asset Management
Fees at LSV are generally based on a percentage of assets under management. The exact schedule depends on the type of investments, as follows:
U.S. Small Cap Value
| Assets | Fee |
| First $25 million | 0.75% |
| Next $25 million | 0.65% |
| Amount over $50 million | 0.55% |
U.S. Small/Mid Cap Value
| Assets | Fee |
| First $25 million | 0.70% |
| Next $25 million | 0.60% |
| Amount over $50 million | 0.50% |
U.S. Mid Cap Value
| Assets | Fee |
| First $25 million | 0.60% |
| Next $25 million | 0.50% |
| Next $50 million | 0.40% |
| Amount over $200 million | 0.30% |
U.S. Large Cap Value
| Assets | Fee |
| First $25 million | 0.60% |
| Next $25 million | 0.50% |
| Next $50 million | 0.40% |
| Next $100 million | 0.35% |
| Amount over $200 million | 0.30% |
Europe Value/Global Value/Japan Large Cap Value Equity/International Large Cap Value
| Assets | Fee |
| First $25 million | 0.75% |
| Next $25 million | 0.65% |
| Next $50 million | 0.55% |
| Amount over $100 million | 0.45% |
U.S. Enhanced Index
| Assets | Fee |
| First $100 million | 0.30% |
| Next $300 million | 0.25% |
| Amount over $400 million | 0.20% |
Canadian All Cap Value
| Assets | Fee |
| First C$50 million | 0.50% |
| Next C$50 million | 0.40% |
| Amount over C$100 million | 0.35% |
Global Concentrated Value Equity/International Concentrated Value Equity/Global Small Cap Value/Europe Small Cap Value Equity/Japan Small Cap Value Equity/Australie Small Cap Value Equity/Canada Small Cap Value Equity/International Small Cap Value Equity
| Assets | Fee |
| First $25 million | 1.00% |
| Next $25 million | 0.90% |
| Amount over $50 million | 0.80% |
U.S. Managed Volatility
| Assets | Fee |
| First $50 million | 0.40% |
| Next $50 million | 0.35% |
| Next $100 million | 0.30% |
| Amount over $200 million | 0.25% |
Global Managed Volatility/International Managed Volatility
| Assets | Fee |
| First $50 million | 0.50% |
| Next $50 million | 0.40% |
| Next $100 million | 0.35% |
| Amount over $200 million | 0.30% |
ACWI Managed Volatility
| Assets | Fee |
| First $50 million | 0.55% |
| Next $50 million | 0.45% |
| Next $100 million | 0.40% |
| Amount over $200 million | 0.35% |
Emerging Markets
| Assets | Fee |
| First $50 | 1.00% |
| Next $50 | .90% |
| Next $400 | .75% |
| Amounts Over $500 | .65% |
U.S. Large Cap Value 130/30
| Assets | Fee |
| First $25 million | 1.00% |
| Next $25 million | 0.80% |
| Next $50 million | 0.65% |
| Amount over $100 million | 0.50% |
U.S. Micro Cap Value/Enhanced Hedged Equity/Emerging Markets Small Cap
| Assets | Fee |
| All Assets | 1.25% |
Global Value Equity (ACWI)/International Large Cap Value Equity (ACWI Ex US)
| Assets | Fee |
| First $25 million | 0.80% |
| Next $25 million | 0.725% |
| Next $100 million | 0.625% |
| Amount over $150 million | 0.525% |
Frontier Markets Equity
| Assets | Fee |
| All Assets | 1.50% |
U.S. Managed Volatility SRI
| Assets | Fee |
| All Assets | 0.40% |
What to Watch Out For
There are no disclosures on the record for LSV in the past 10 years.
This firm’s primary purpose is not to advise individual clients. If you want that sort of firm, consider finding one with SmartAsset’s free financial advisor matching service.
Note that some advisors at LSV may earn commissions as broker-dealers. This could present a conflict of interest, as they may be incentivized to sell clients products that will earn the highest commission even if it is not the best option. When serving as advisors, though, all must act in the best interest of the client.
Opening an Account With LSV Asset Management
To open an account with LSV, you can contact Jason Ciaglo, the director of new business development, at (312) 242-2483 or jciaglo@lsvasset.com
LSV’s headquarters are at 155 North Wacker Drive Suite 4600 Chicago, Illinois 60606
All information was accurate as of the writing of this article.
Tips for Investment
- This firm doesn’t specialize in individual investors, but there are many that do just that. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
- Are you using a workplace retirement plan like a 401(k)? That’s a great start to funding your retirement. Get a sense of what your plan might look like when you retire with this SmartAsset 401(k) calculator.
