Todd Asset Management

What Todd Asset Management does

Todd Asset Management LLC is a privately held, boutique Registered Investment Advisor founded in 1998 in Louisville, Kentucky, with predecessor firms dating to 1967. The firm manages long-only equity portfolios for institutional and high-net-worth investors across five differentiated strategies: Large Cap Intrinsic Value, International Intrinsic Value, Global Intrinsic Value Equity Income, Intrinsic Value Opportunity, and International Intrinsic Value Opportunity. All strategies are built on a single proprietary analytical foundation: the Price/Intrinsic Value (P/IV) methodology, in continuous use since 1986, which calculates private market value by projecting 10-year earnings and dividends discounted at a Moody's AAA Corporate Bond Yield adjusted for risk, combined with a Multi-Factor Ranking Model that scores stocks from 0 to 16 across valuation, fundamentals, and market recognition factors.

The firm's investment process is bottom-up, fundamentals-based, and supported by disciplined buy/sell thresholds, sector constraints, and maximum issue weightings. Distribution is direct and relationship-driven: portfolio managers are personally involved with institutional clients, family offices, wealth advisors, and high-net-worth individuals, content marketing (quarterly commentary, chartbooks, market insights) is published through the firm's website, and Separately Managed Accounts and Unified Managed Accounts were developed as distribution channels. The firm is majority employee-owned, with portfolio managers holding the bulk of equity, and has maintained client relationships spanning more than 40 years.

Revenue is generated through AUM-based advisory fees typical of an RIA, though specific fee schedules are not publicly disclosed. The firm reports 11–50 employees in its firmographics, and operational leadership spans a President/CIO, Senior Portfolio Managers, Portfolio Managers, Research Analysts, a CTO, a Chief Compliance and Financial Officer, a COO, and Marketing and Trading personnel. There is no public revenue, no public ticker, and no recorded funding rounds; the firm operates as a steady-state boutique without external capital.

Name

Todd Asset Management

Legal name

Todd Asset Management LLC

Website

https://toddasset.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Todd Asset Management is a Louisville, Kentucky-based boutique Registered Investment Advisor that manages long-only equity portfolios for institutional and high-net-worth clients using a proprietary Price/Intrinsic Value methodology and Multi-Factor Ranking Model developed since 1986.

Ownership category

akta.pro rank

Product category

Equity Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Discretionary Portfolio Management (Retail) (FSAAAAAH)

Keywords

• Equity investment management
• Intrinsic value investing
• Separately managed accounts
• Fundamental equity research
• Value-oriented portfolio strategies

Headquarters

HQ city

Louisville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Distribution channels1 record

Marketing channels3 records

Core offering

Todd Asset Management is a boutique Registered Investment Advisor that manages long-only equity portfolios for institutional and high-net-worth clients using a proprietary Price/Intrinsic Value (P/IV) methodology and Multi-Factor Ranking Model. It offers five fundamentals-based equity strategies spanning U.S. large-cap, international, global equity income, and concentrated opportunity mandates, typically delivered through Separately Managed Accounts (SMAs), Unified Managed Accounts (UMAs), and mutual fund vehicles.

Product overview

Todd Asset Management is a boutique Registered Investment Advisor (RIA) offering five distinct long-only equity investment strategies rooted in its proprietary Price/Intrinsic Value (P/IV) methodology combined with a Multi-Factor Ranking Model. The product suite spans Large Cap Intrinsic Value, International Intrinsic Value, Global Intrinsic Value Equity Income, Intrinsic Value Opportunity, and International Intrinsic Value Opportunity strategies. All strategies utilize the same core intrinsic value philosophy but are tailored to different market segments (large-cap domestic, international, equity income, and concentrated opportunity approaches).

Differentiator

Problem solved

Functional benefit

Products and services

• Large Cap Intrinsic Value A high-quality, large-cap core domestic equity portfolio of 40-65 stocks balanced across economic sectors, constructed using a fundamentals-based, bottom-up process to identify stocks with attractive valuation, positive and improving fundamentals, and market acceptance. Intended for institutional and high-net-worth investors seeking U.S. large-cap core equity exposure.
• International Intrinsic Value A high-quality, large-cap core portfolio of 65-85 internationally domiciled stocks trading on U.S. exchanges, balanced across multiple sectors and regions, constructed using fundamentals-based, bottom-up intrinsic value analysis. Intended for investors seeking international diversification with the firm's intrinsic value discipline.
• Global Intrinsic Value Equity Income A concentrated portfolio of large-cap, higher-dividend domestic and U.S.-exchange-traded international stocks with the primary objective of dividend income and secondary focus on growth of income and capital appreciation. Intended for income-oriented investors seeking yield with potential income growth.
• Intrinsic Value Opportunity A long-only, concentrated, high-conviction alpha generator portfolio of thirty S&P 500 stocks, unconstrained and constructed using sleeves consisting of the ten most attractive stocks based on financial strength, profitability strength, and market acceptance factors. Intended for investors seeking concentrated U.S. large-cap opportunity exposure.
• International Intrinsic Value Opportunity A long-only, concentrated, high-conviction alpha generator portfolio of 30 international stocks traded on U.S. exchanges, unconstrained and constructed using sleeves of ten most attractive stocks based on financial strength, profitability strength, and market acceptance. Intended for investors seeking concentrated international opportunity exposure.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Dodge & Cox: Larger, employee-owned value-oriented active manager offering U.S. and international equity funds plus fixed income; comparable investment philosophy but broader product portfolio and significantly larger AUM scale.
• American Century Investments: Large multi-strategy active asset manager headquartered in Kansas City with active equity, fixed income, and ETF products; comparable as a U.S. Midwestern active equity house but with vastly greater scale and distribution.
• First Eagle Investment Management: Value-oriented active manager with global equity and alternative income strategies; overlaps with Todd's intrinsic value, downside-protection orientation but operates at greater scale with broader product offerings.
• Artisan Partners: Publicly-traded active equity boutique with multiple value, growth, and franchise-style strategies; comparable in active equity boutique structure and SMA distribution model, though materially larger and product-diversified.

Direct peers

• Ariel Investments: Mid-size value-oriented equity boutique applying a patient, fundamentals-based approach to U.S. and international equities — directly comparable in philosophy, scale, and client base.
• Sound Shore Management: Small, value-oriented boutique applying a long-term, intrinsic-value-driven process to large-cap U.S. equities — comparable in boutique scale, philosophy, and HNW/institutional client mix.
• Tweedy, Browne Company: Long-tenured value equity boutique applying deep fundamental "what is it really worth?" analysis to global equities — closely mirrors Todd's intrinsic value philosophy and boutique HNW/institutional client mix.
• Diamond Hill Capital Management: Active equity and fixed income boutique applying a fundamental valuation-driven, contrarian approach across multiple strategies — comparable in active multi-strategy boutique model and institutional distribution orientation.
• Eagle Capital Management: Boutique concentrated U.S. large-cap equity manager applying a long-term, fundamentals-driven approach with a small partner team — closely comparable in philosophy, concentration, and institutional/HNW client focus.
• LSV Asset Management: Quantitative value equity boutique founded by academics from the University of Chicago; comparable to Todd as a fundamentals/value-driven active equity manager serving institutional clients with a disciplined, model-based process.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/todd-veredus-asset-management-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Todd Asset Management