Giverny Capital Advisors provides portfolio management for individuals and small businesses and portfolio management for institutions.
Giverny Capital Advisors reports 190 clients. They include 96 high-net-worth individuals, 83 individual clients, and 7 corporations and other businesses. Of its assets, 100.0% ($421M across 293 accounts) are managed with discretion. Of its clients, 4% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 44% | 10% |
| High-net-worth individuals | 51% | 68% |
| Other investment advisers | <1% | 1% |
| Corporations and other businesses | 4% | 16% |
| Other | 2% | 5% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 83 | $40.1M | 9.5% | $483K |
| High-net-worth individuals | 96 | $286M | 68.0% | $2.98M |
| Other investment advisers | Fewer than 5 | $5.4M | 1.3% | $5.4M |
| Corporations and other businesses | 7 | $67M | 15.9% | $9.58M |
| Other | Fewer than 5 | $22.2M | 5.3% | $7.4M |
| Total | 190 | $421M | 100% | — |
- Clients
- 83
- Regulatory AUM
- $40.1M
- AUM share
- 9.5%
- Avg. per client
- $483K
- Clients
- 96
- Regulatory AUM
- $286M
- AUM share
- 68.0%
- Avg. per client
- $2.98M
- Clients
- Fewer than 5
- Regulatory AUM
- $5.4M
- AUM share
- 1.3%
- Avg. per client
- $5.4M
- Clients
- 7
- Regulatory AUM
- $67M
- AUM share
- 15.9%
- Avg. per client
- $9.58M
- Clients
- Fewer than 5
- Regulatory AUM
- $22.2M
- AUM share
- 5.3%
- Avg. per client
- $7.4M
Total
- Clients
- 190
- Regulatory AUM
- $421M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 4%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Giverny Capital Advisors charges 1.00% a year for its Investment Management. The fee is billed in arrears and is negotiable.
Fee details and sources
Giverny Capital Management Inc. owns 50% to 75% of Giverny Capital Advisors and is in turn owned by Musee Giverny Capital Inc. (75% or more). It has 2 employees.
Leadership
- Patrick LegerMember/CCO
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 soliciting firm
- Owns 50% to 75% of Giverny Capital Advisors LLC
Giverny Capital Management Inc.
Control person · since March 2015
- Owns 75% or more of Giverny Capital Management Inc.
Musee Giverny Capital Inc.
Control person · since September 2017
- Owns 75% or more of Musee Giverny Capital Inc.
Francois Rochon
Control person · since January 2007
- Owns 25% to 50% of Giverny Capital Advisors LLC
Patrick Leger
Control person · since March 2009
Giverny Capital Advisors’ regulatory assets grew 1.6× from $266M (March 2021) to $421M (March 2026); clients rose from 151 to 190 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $421M | 190 | 2 | 1 |
| March 2025 | $395M | 149 | 2 | 1 |
| March 2024 | $329M | 158 | 2 | 1 |
| March 2023 | $258M | 242 | 2 | 1 |
| March 2022 | $342M | 170 | 2 | 1 |
| March 2021 | $266M | 151 | 2 | 1 |
Besides its headquarters, Giverny Capital Advisors has 0 offices, with 1 listed address in New Jersey.
New Jersey · 1 listed address
- 182 Nassau Street, Suite 201, PrincetonHQ
Contact and registration details
- Legal name
- Giverny Capital Advisors LLC
- Headquarters
- 182 Nassau Street, Suite 201, Princeton, NJ 08542
- Website
- Not reported
- Phone
- 609-759-1250
- SEC file
- 801-110341
- Structure
- New Jersey LLC
- Fiscal year end
- December
Giverny Capital Advisors does not have custody of client assets.
At year end, Giverny Capital Advisors’ separately managed accounts were mostly in stocks (98%).
What the accounts hold
- Stocks98%
- Bonds1%
- Cash1%
How many clients does Giverny Capital Advisors have?
Giverny Capital Advisors has 190 clients and manages $421 million for them, as of March 2026. They include 96 high-net-worth individuals, 83 individual clients, and 7 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Giverny Capital Advisors offer?
Giverny Capital Advisors provides portfolio management for individuals and small businesses and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Giverny Capital Advisors charge?
Giverny Capital Advisors charges 1.00% a year for its Investment Management. The fee is billed in arrears and is negotiable.
Source: GIVERNY CAPITAL ADVISORS ADV PART 2, filed 30 March 2026
How many financial advisors does Giverny Capital Advisors have?
Giverny Capital Advisors has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Giverny Capital Advisors invest in?
At the end of its last fiscal year, Giverny Capital Advisors’ separately managed accounts held 98% exchange-traded equities, 1% U.S. government and agency bonds and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Giverny Capital Advisors?
Giverny Capital Advisors is owned through a chain of holding companies by Francois Rochon. Its direct owners are Giverny Capital Management Inc. (50% to 75%) and Patrick Leger (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Giverny Capital Advisors get paid?
Giverny Capital Advisors is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Giverny Capital Advisors registered with the SEC?
Yes, Giverny Capital Advisors has been registered with the SEC as an investment adviser since 14 April 2017. Its CRD number is 150123 and its SEC file number is 801-110341.
Source: Form ADV Part 1A, Item 1, filed 30 March 2026; IAPD firm record
How do I contact Giverny Capital Advisors?
Giverny Capital Advisors’ main office is at 182 Nassau Street, Suite 201, Princeton, NJ 08542. Its phone number is 609-759-1250.