{"url":"https://nivawealth.com/firms/giverny-capital-asset-management-306473","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/306473","regulatoryAum":599391058,"crd":"306473","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1600359","suffix":null,"lastName":"POPPE","firstName":"DAVID","middleName":"MARTIN"}],"total":1,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-24","regulatoryAum":119200000,"clients":24,"employees":1,"offices":1},{"filedOn":"2022-03-31","regulatoryAum":197000000,"clients":50,"employees":1,"offices":1},{"filedOn":"2023-04-13","regulatoryAum":221800000,"clients":99,"employees":1,"offices":1},{"filedOn":"2024-03-27","regulatoryAum":368800284,"clients":191,"employees":3,"offices":1},{"filedOn":"2025-04-03","regulatoryAum":502560115,"clients":272,"employees":3,"offices":1},{"filedOn":"2026-03-30","regulatoryAum":599391058,"clients":346,"employees":3,"offices":1}],"secFileNumber":"801-118218","legalName":"Giverny Capital Asset Management LLC","displayName":"Giverny Capital Asset Management","slug":"giverny-capital-asset-management-306473","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"2019","organization":"New York limited liability company","fiscalYearEnd":"December","headquarters":{"street":"600 Madison Avenue, #2300","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10022"},"tradeNames":[],"registration":{"secApproved":"13 March 2020","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1718394.4243323442,"staff":{"employees":3,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":599391058,"discretionary":599391058,"discretionaryAccounts":346,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":116,"regulatoryAum":71728838},{"label":"High-net-worth individuals","clients":221,"regulatoryAum":507370083},{"label":"Charitable organizations","clients":1,"regulatoryAum":14144979},{"label":"Corporations and other businesses","clients":8,"regulatoryAum":6147158}],"feePrograms":[{"role":"main","program":"Annual investment advisory fee","feeBasis":"marginal","fee_tiers":[{"to":10000000,"pct":1,"from":0},{"to":30000000,"pct":0.8,"from":10000000},{"to":null,"pct":0.6,"from":30000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032021","versionId":1032021,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-30","documentName":"GIVERNY CAPITAL ASSET MANAGEMENT ADV PART 2A 2025","fee_rate_low":0.6,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T07:39:24.209406+00:00","documents":[{"name":"GIVERNY CAPITAL ASSET MANAGEMENT ADV PART 2A 2025","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032021","versionId":1032021,"submittedOn":"2026-03-30"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029880","versionId":1029880,"submittedOn":null}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Dallas, TX","smaAssets":515497649},{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":25925483},{"name":"American Trust Investment Services, Inc.","shortName":"American Trust Investment Services","location":"Dallas, TX","smaAssets":57967928}],"custodyNote":"Giverny Capital Asset Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"David Poppe","title":"President and Chief Compliance Officer","crd":"1600359"}],"ownership":[{"label":"Giverny Capital Management Inc.","detail":"Member in the 50% to 75% ownership band and a control person, since December 2019."},{"label":"Poppe Henderson, LLC","detail":"Member in the 50% to 75% ownership band and a control person, since December 2019."},{"label":"David Poppe","detail":"Indirect owner: a member of Poppe Henderson, LLC in the 75% or more band and a control person, since November 2019.","parent":"Poppe Henderson, LLC"},{"label":"Musee Giverny Capital Inc.","detail":"Indirect owner: a shareholder of Giverny Capital Management Inc. in the 75% or more band and a control person, since September 2017.","parent":"Giverny Capital Management Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"600 Madison Avenue, #2300","city":"New York","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"646-669-8950","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":93},{"label":"Cash and cash equivalents","percent":7}],"privateFunds":0},"sources":{"adv1FilingDate":"30 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/306473/PDF/306473.pdf","brochureDate":"30 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032021","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Giverny Capital Asset Management have?","answer":"Giverny Capital Asset Management has 346 clients and manages $599 million for them, as of March 2026. They include 221 high-net-worth individuals, 116 individual clients, and 8 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Giverny Capital Asset Management offer?","answer":"Giverny Capital Asset Management 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Giverny Capital Asset Management charge?","answer":"Giverny Capital Asset Management charges 0.60%–1.00% a year for its Annual investment advisory fee. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.","source":"GIVERNY CAPITAL ASSET MANAGEMENT ADV PART 2A 2025, filed 30 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Giverny Capital Asset Management use?","answer":"Giverny Capital Asset Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Dallas, TX), with $515M, American Trust Investment Services, Inc. (Dallas, TX), with $58M and Fidelity Brokerage Services LLC (Boston, MA), with $25.9M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Giverny Capital Asset Management have?","answer":"Giverny Capital Asset Management has 0 investment adviser representatives registered with state securities authorities, out of 3 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Giverny Capital Asset Management invest in?","answer":"At the end of its last fiscal year, Giverny Capital Asset Management’s separately managed accounts held 93% exchange-traded equities and 7% cash and equivalents.","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 Giverny Capital Asset Management?","answer":"Giverny Capital Asset Management is owned through holding companies by David Poppe and Musee Giverny Capital Inc. Its direct owners are Giverny Capital Management Inc. (50% to 75%) and Poppe Henderson, LLC (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Giverny Capital Asset Management get paid?","answer":"Giverny Capital Asset Management 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Giverny Capital Asset Management?","answer":"Giverny Capital Asset Management’s main office is at 600 Madison Avenue, #2300, New York, NY 10022. Its phone number is 646-669-8950.","source":"Form ADV Part 1A, Item 1.F, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"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 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."}