Navellier & Associates Inc (Reno)


Navellier & Associates Inc is a large advisory firm based in Reno. It manages $1.25 billion of regulatory assets for 2,433 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Navellier & Associates provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Navellier & Associates: assets under management

The assets under management (AUM) of Navellier & Associates Inc is $1.25 billion. The firm's AUM has gone down by -72% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $627.16 million in discretionary accounts and $620.35 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $257.88 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $620.35 million.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Navellier & Associates Inc 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.

What kind of clients Navellier & Associates serves?

The firm provides services to individuals, investment companies, high net worth individuals, and corporations or other businesses. The largest group of clients of Navellier & Associates is individuals with 1,604 clients and $280.24 million of assets under management. Among the 10 most similar advisory firms, Navellier & Associates has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $627.16 million for 2,432 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Navellier & Associates doesn't advise any private funds.

Careers at Navellier & Associates Inc

The company employs 33 people that are either part- or full-time employees. 12 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 are 11 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Louis Gene Navellier Chief investment officer, chief compliance officer 1 Sep 1988 75% - 100% 1792046
Arjen Philip Kuyper Chief operating officer 1 Sep 1998 Other 1318810
Alan Keith Alpers Vice president 1 Dec 2000 Other 1598804
Keith Michael Basso Vice president 1 Dec 2000 Other 1400457
Stephen Dukes Mccarty Vice president 1 Dec 2000 Other 1113000
Christopher Michael Schrobilgen Vice president 1 Dec 2000 Other 415228
Dennis James Price Chief financial officer 1 Dec 2000 Other 4079849
James Henry Oleary Vice president 1 Dec 2001 Other 1430861
James Henry O'leary Vice president 1 Dec 2001 Other 1430861
Paula Marie Boyd Vice president 1 Dec 2002 Other 1144589
Peter Robert Knapp Vice president & chief compliance officer 1 Mar 2004 Other 4932737
John Leroy Ranft Vp of sales and marketing 1 Jan 2008 Other 1629438
David Vance Machen Chief financial officer 1 Dec 2011 Other 6030046
Tanya Mae Alexander Chief compliance officer 1 Sep 2015 Other 1358079

Based in Reno

The principal office where Navellier & Associates Inc performs its advisory services is located at One E. Liberty, Suite 504, Reno, NV 89501 2107, 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 775-785-2300 or by fax 775-562-8212. The normal business hours are 7:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at navellier.com.