Ceredex Value Advisors
Ceredex Value Advisors LLC is a privately held, SEC-registered investment adviser affiliated with Virtus Investment Partners that manages approximately $3.3 billion in U.S. value equity portfolios across large-cap, mid-cap, small-cap, and concentrated strategies, distributed via mutual funds, collective investment trusts, and separately managed accounts to institutional, HNW, and retail intermediary clients.
- Company typePrivate
- Founded2008
- HeadquartersOrlando, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Ceredex Value Advisors does
Ceredex Value Advisors LLC is a privately held, SEC-registered investment adviser headquartered in Orlando, Florida, that manages approximately $3.3 billion in value equity assets across U.S. large-cap, mid-cap, and small-cap market capitalizations, plus a concentrated large-cap strategy. The firm traces its value equity heritage to a predecessor firm established in 1989 and has operated independently under CIO Mills Riddick since 2008. Its investment approach combines fundamental research with quantitative screening to identify dividend-paying companies trading at the lower end of historical valuation ranges with improving fundamentals, governed by a codified "Three to Get In, One to Get Out" buy/sell discipline. Portfolio construction uses position sizes of 1-5% (3-9% in the concentrated product) with daily monitoring.
The firm distributes its strategies through three channels: Virtus-branded mutual funds (Large-Cap, Mid-Cap, and Small-Cap Value Equity Funds underwritten by VP Distributors), Collective Investment Trusts for retirement plans (Large Cap and Mid Cap, administered by SEI Trust Company), and directly managed separately managed accounts for institutional and high-net-worth clients. Ceredex operates as an affiliated boutique within the multi-affiliate platform of Virtus Investment Partners (NYSE: VRTS), which provides institutional credibility, distribution reach, and operational infrastructure.
Revenue is generated through AUM-based investment management fees across mutual fund, CIT, and SMA vehicles; specific fee schedules are disclosed in Form ADV Part 2A. Customer segments span institutional investors, individual investors, endowments and foundations, and high-net-worth investors. The senior investment team — including Riddick, Wordell, Graff, and others — has substantial co-tenure (multiple PMs together for 20+ years), and research analysts average approximately 12 years of tenure, providing process continuity.
Ceredex Value Advisors firmographics
Firmographics- Name
- Ceredex Value Advisors
- Legal name
- Ceredex Value Advisors LLC
- Website
- https://ceredexvalue.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Ceredex Value Advisors LLC is a privately held, SEC-registered investment adviser affiliated with Virtus Investment Partners that manages approximately $3.3 billion in U.S. value equity portfolios across large-cap, mid-cap, small-cap, and concentrated strategies, distributed via mutual funds, collective investment trusts, and separately managed accounts to institutional, HNW, and retail intermediary clients.
- Ownership category
- akta.pro rank
Ceredex Value Advisors industry classification
Industry- Product category
- Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)
Keywords
Where Ceredex Value Advisors is headquartered
LocationHeadquarters
- HQ city
- Orlando
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Ceredex Value Advisors business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Investment Management Fees: Generates revenue through management fees charged on assets under management across its value equity portfolios including large-cap, mid-cap, and small-cap strategies offered through mutual funds, CITs, and separately managed accounts.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels1 record
Ceredex Value Advisors product offering
Product offeringCore offering
Ceredex Value Advisors is a boutique investment management firm that manages value equity portfolios across the market capitalization spectrum (large-cap, mid-cap, and small-cap). It delivers its strategies through multiple investment vehicles including mutual funds, collective investment trusts (CITs), and separately managed accounts (SMAs) for institutional and individual clients. The firm applies a disciplined stock selection process targeting dividend-paying, undervalued companies with improving fundamentals.
Product overview
Ceredex Value Advisors is an investment management firm offering a suite of value equity portfolio strategies spanning large-cap, mid-cap, and small-cap market capitalizations. The firm's products include four core portfolio strategies (Large Cap Value Equity, Mid-Cap Value Equity, Small Cap Value Equity, and Concentrated Large Cap Value Equity), available through multiple investment vehicles including Collective Investment Trusts (Ceredex Large Cap Value Equity CIT and Ceredex Mid-Cap Value Equity CIT) and Mutual Funds (Virtus Ceredex Large-Cap Value Equity Fund, Virtus Ceredex Mid-Cap Value Equity Fund, and Virtus Ceredex Small-Cap Value Equity Fund). All strategies subscribe to the same investment philosophy focused on dividend-paying stocks with attractive valuations and improving fundamentals.
Differentiator
Problem solved
Functional benefit
Products and services
- Large Cap Value Equity Strategy Core separately managed value equity strategy investing primarily in U.S. large-cap companies similar to the Russell 1000 Value Index, seeking long-term capital appreciation and income through dividend-paying stocks with attractive valuations and improving fundamentals.
- Mid-Cap Value Equity Strategy
Companies that use Ceredex Value Advisors
Customer profileSegments4 records
Ideal customer profiles4 records
Ceredex Value Advisors technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Ceredex Value Advisors partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Virtus Investment PartnerscoreVirtus Investment Partners (NYSE: VRTS) is the parent company and distributor for Ceredex Value Advisors. Ceredex operates as an affiliated manager within Virtus's partnership model of boutique investment managers, providing value equity strategies distributed through Virtus's mutual fund platform and institutional channels.
- SEI Trust CompanycoreSEI Trust Company serves as the trustee for Collective Investment Trusts (CITs) that utilize Ceredex Value Advisors as the investment adviser. SEI handles trust administration, custody, and regulatory compliance for the CITs while Ceredex provides the investment management for the underlying portfolios.
- VP Distributors, LLCcoreVP Distributors, LLC, a subsidiary of Virtus Investment Partners and member of FINRA, serves as the principal underwriter and distributor for the Virtus Ceredex mutual funds, handling fund distribution and marketing support.
Scale indicators5 records
Recent moves7 records
Expansion highlights3 records
Ceredex Value Advisors competitors and assessment
Company assessmentBroad incumbents
- Federated Hermes: A Pittsburgh-based incumbent asset manager with active equity (including value strategies) distributed via mutual funds and SMAs; comparable distribution channel and product structure but far broader in scale and product breadth.
- Putnam Investments: A large traditional asset manager ($150B+ AUM) offering active value equity mutual funds and institutional products across all market caps; comparable offering set but much broader scale and product depth.
- Victory Capital Holdings: A publicly traded multi-affiliate asset manager ($150B+ AUM) operating a franchise-model structure where each affiliate boutique retains investment autonomy, similar to Virtus's affiliate partnership model that houses Ceredex.
- American Century Investments: A Kansas City-based large incumbent asset manager with active value equity mutual funds across market caps and diversified ETFs; overlapping product set and channel access but at materially larger scale.
Others
- Virtus Investment Partners: The publicly traded parent/distributor (NYSE: VRTS) that houses Ceredex as an affiliated manager alongside other boutiques; relevant as the ecosystem platform through which Ceredex distributes mutual fund products.
Direct peers
- Westwood Holdings Group: A Dallas-based boutique value equity manager (approx. $10B+ AUM) running large-cap value, small-cap value, and MLP strategies; directly comparable to Ceredex in philosophy (disciplined value, dividend focus), product structure (SMAs and institutional vehicles), and target client base.
- Ariel Investments: A Chicago-based boutique concentrated on small/mid-cap value equity with mutual fund vehicles (Ariel Fund, Ariel Focus) and separately managed accounts; directly comparable in boutique structure, value discipline, and U.S. equities focus.
- Epoch Investment Partners: A New York-based active equity manager specializing in dividend-yield-oriented value strategies across market caps; highly comparable in philosophy, AUM scale (low single-digit billions), and institutional/retail dual-channel distribution.
- Aristotle Capital Management: A Los Angeles-based boutique offering fundamental value equity strategies across small, mid, and large caps through mutual funds and SMAs; closely comparable in philosophy, AUM tier, and target client mix.
- Manning & Napier: A New York-based active equity manager with value-oriented strategies offered through mutual funds and SMAs; comparable in product range, AUM scale, and institutional/retail dual-channel focus.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Ceredex Value Advisors social profiles
Digital presenceCeredex Value Advisors financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ceredex Value Advisors leadership team
Management profileNumber of profiles
Profiles11 records
Ceredex Value Advisors funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ceredex Value Advisors M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ceredex Value Advisors
What does Ceredex Value Advisors do?
Ceredex Value Advisors is a boutique investment management firm that manages value equity portfolios across the market capitalization spectrum (large-cap, mid-cap, and small-cap). It delivers its strategies through multiple investment vehicles including mutual funds, collective investment trusts (CITs), and separately managed accounts (SMAs) for institutional and individual clients. The firm applies a disciplined stock selection process targeting dividend-paying, undervalued companies with improving fundamentals.
Is Ceredex Value Advisors a public or private company?
Ceredex Value Advisors is a private company. It is classified as corporate owned and is currently operating.
When was Ceredex Value Advisors founded?
Ceredex Value Advisors was founded in 2008. It employs 1 to 10 people.
Where is Ceredex Value Advisors based?
Ceredex Value Advisors is headquartered in Orlando, United States, in the North America region.
How does Ceredex Value Advisors make money?
One revenue line is on record: investment Management Fees.
Who are Ceredex Value Advisors's main competitors?
Broad incumbents on record are Federated Hermes, Putnam Investments, Victory Capital Holdings and American Century Investments. Virtus Investment Partners is listed as an others. Direct peers are Westwood Holdings Group, Ariel Investments, Epoch Investment Partners, Aristotle Capital Management and Manning & Napier.
Does Ceredex Value Advisors have an API?
No public API is recorded for Ceredex Value Advisors.
What industry is Ceredex Value Advisors in?
Ceredex Value Advisors's product category is Investment Management. Its primary akta.pro industry code is FSAAABAD, Advisory Portfolio Management (Non-Discretionary). Its NAICS code is 523940 and its SIC code is 6282.