{"url":"https://nivawealth.com/firms/core-and-value-advisors-156093","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/156093","regulatoryAum":21182465922,"crd":"156093","secFileNumber":"801-72087","legalName":"Core and Value Advisors, LLC","displayName":"Core and Value Advisors","website":null,"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"Four Embarcadero Center, Suite 3300","city":"San Francisco","state":"CA","stateName":"California","country":"United States","postalCode":"94111"},"tradeNames":["Stockbridge","Stockbridge Core and Value Advisors"],"registration":{"secApproved":"1 February 2011","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":161,"advisory":77,"brokerDealerReps":20,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":12825172912,"discretionaryAccounts":11,"nonDiscretionary":8357293010,"nonDiscretionaryAccounts":9,"wrapProgram":null,"nonUsClientsPct":5,"nonAumClients":1},"clientTypes":[{"label":"Pooled investment vehicles","clients":14,"regulatoryAum":16190685981},{"label":"Pension and profit-sharing plans","clients":null,"regulatoryAum":1272962418},{"label":"State or municipal government entities","clients":null,"regulatoryAum":3501636363},{"label":"Corporations and other businesses","clients":null,"regulatoryAum":217181160}],"fees":[],"feeNotes":[],"custodians":[],"custodyNote":"Core and Value Advisors has custody of $5.63B for 7 clients.","otherCustodians":[],"leadership":[{"name":"Terrence Fancher","title":"Chief Executive Officer","crd":"1564931"},{"name":"Kristin Renaudin","title":"Chief Financial Officer","crd":"2906547"},{"name":"Daniel Newman","title":"Chief Compliance Officer and Chief Administrative Officer","crd":"6114135"},{"name":"Tuba Malinowski","title":"Executive Managing Director","crd":"4776339"},{"name":"Sollie Raso","title":"Executive Managing Director","crd":"4381082"}],"ownership":[{"label":"Stockbridge Capital Group, LLC","detail":"Member in the 75% or more ownership band and a control person, since August 2010."},{"label":"DCP Sai U.S. II LLC","detail":"Indirect owner: a limited partner of Stockbridge Management Holdings, LP in the 25% to 50% band, since October 2023.","parent":"Stockbridge Management Holdings, LP"},{"label":"Stockbridge Management Holdings, LP","detail":"Indirect owner: a member of Stockbridge Capital Group, LLC in the 75% or more band and a control person, since October 2023.","parent":"Stockbridge Capital Group, LLC"},{"label":"SCG Principal Holdings, LP","detail":"Indirect owner: a limited partner of Stockbridge Management Holdings, LP in the 75% or more band and a control person, since October 2023.","parent":"Stockbridge Management Holdings, LP"},{"label":"Terrence Fancher","detail":"Indirect owner: a limited partner of SCG Principal Holdings, LP in the 75% or more band and a control person, since December 2022.","parent":"SCG Principal Holdings, LP"},{"label":"Blue Owl GP Stakes Sai Coinvest Sidecar LP","detail":"Indirect owner: a member of DCP Sai U.S. II LLC in the 75% or more band and a control person, since August 2022.","parent":"DCP Sai U.S. II LLC"},{"label":"Blue Owl GP Stakes GP Holdings LLC","detail":"Indirect owner: managing member of DCP Sai U.S. II LLC and a control person, since August 2022. Also general partner of Blue Owl GP Stakes Sai Coinvest Sidecar LP and a control person, since June 2022.","parent":"DCP Sai U.S. II LLC"},{"label":"National Pension Service of the Republic of Korea","detail":"Indirect owner: a limited partner of Blue Owl GP Stakes Sai Coinvest Sidecar LP in the 75% or more band and a control person, since June 2022.","parent":"Blue Owl GP Stakes Sai Coinvest Sidecar LP"},{"label":"Blue Owl Capital Carry LP","detail":"Indirect owner: a member of Blue Owl GP Stakes GP Holdings LLC in the 75% or more band and a control person, since May 2021.","parent":"Blue Owl GP Stakes GP Holdings LLC"},{"label":"Blue Owl Capital GP LLC","detail":"Indirect owner: general partner of Blue Owl Capital Carry LP and a control person, since May 2021. Also a general partner of Blue Owl Capital Holdings LP in the 25% to 50% band and a control person, since April 2025.","parent":"Blue Owl Capital Carry LP"},{"label":"Blue Owl Capital Holdings LP","detail":"Indirect owner: a limited partner of Blue Owl Capital Carry LP in the 75% or more band and a control person, since April 2025.","parent":"Blue Owl Capital Carry LP"},{"label":"Blue Owl Capital GP Holdings LLC","detail":"Indirect owner: a managing member of Blue Owl Capital GP LLC in the 75% or more band and a control person, since November 2021.","parent":"Blue Owl Capital GP LLC"},{"label":"Blue Owl Capital Inc.","detail":"Indirect owner: a managing member of Blue Owl Capital GP Holdings LLC in the 75% or more band and a control person, since November 2021.","parent":"Blue Owl Capital GP Holdings LLC"},{"label":"Stockbridge Family Holdings, LLC","detail":"Indirect owner: general partner of Stockbridge Management Holdings, LP and a control person, since October 2023. Also general partner of SCG Principal Holdings, LP and a control person, since October 2023.","parent":"Stockbridge Management Holdings, LP"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":3,"privateResidences":0},"listedOfficeAddresses":4,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"Four Embarcadero Center, Suite 3300","city":"San Francisco","headquarters":true}]},{"state":"Colorado","offices":1,"addresses":[{"street":"200 Fillmore ST.","city":"Denver"}]},{"state":"Georgia","offices":1,"addresses":[{"street":"3550 Lenox RD. Ne","city":"Atlanta"}]},{"state":"Illinois","offices":1,"addresses":[{"street":"300 N. Lasalle ST.","city":"Chicago"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"415-658-3300","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Cash and cash equivalents","percent":1},{"label":"Other","percent":99,"detail":"Real Estate Assets and Real Estate-Related Assets and Businesses."}],"privateFunds":2},"sources":{"adv1FilingDate":"30 June 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/156093/PDF/156093.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Core and Value Advisors have?","answer":"Core and Value Advisors has 14 clients and manages $21.2 billion for them, as of June 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 June 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Core and Value Advisors offer?","answer":"Core and Value Advisors provides portfolio management for pooled vehicles, portfolio management for institutions and other activities.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Core and Value Advisors have?","answer":"Core and Value Advisors has 0 investment adviser representatives registered with state securities authorities, out of 161 employees, and 77 perform investment advisory functions. 20 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Core and Value Advisors invest in?","answer":"At the end of its last fiscal year, Core and Value Advisors’ separately managed accounts held 99% real estate assets and real estate-related assets and businesses. and 1% cash and equivalents. It advises 2 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Core and Value Advisors?","answer":"Core and Value Advisors is owned through a chain of holding companies by Terrence Fancher, National Pension Service of the Republic of Korea, Blue Owl Capital Holdings LP and Blue Owl Capital Inc. Its direct owner is Stockbridge Capital Group, LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 30 June 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Core and Value Advisors get paid?","answer":"Core and Value Advisors is paid through a percentage of assets under management, fixed fees, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}