Intrinsic Investors provides portfolio management for individuals and small businesses.
Intrinsic Investors reports 156 clients. They include 122 individual clients and 34 high-net-worth individuals. Of its assets, 100.0% ($129M across 383 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 78% | 32% |
| High-net-worth individuals | 22% | 68% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 122 | $41.3M | 31.9% | $338K |
| High-net-worth individuals | 34 | $88.1M | 68.1% | $2.59M |
| Total | 156 | $129M | 100% | $830K |
- Clients
- 122
- Regulatory AUM
- $41.3M
- AUM share
- 31.9%
- Avg. per client
- $338K
- Clients
- 34
- Regulatory AUM
- $88.1M
- AUM share
- 68.1%
- Avg. per client
- $2.59M
Total
- Clients
- 156
- Regulatory AUM
- $129M
- AUM share
- 100%
- Avg. per client
- $830K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Intrinsic Investors charges 1.00%–2.00% a year for its Asset Management Services. The fee is billed in advance.
Fee details and sources
William Fons owns 25% to 50% of Intrinsic Investors. The leadership team of Intrinsic Investors includes Chief Compliance Officer William Fons. It has 4 employees, 3 of them in advisory roles.
Leadership
- William FonsChief Compliance Officer
- Christopher SheaMember
- Dawn WilliamsMember
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 4 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 25% to 50% of Intrinsic Investors LLC
William Fons
Control person · since November 1999
- Owns 25% to 50% of Intrinsic Investors LLC
Christopher Shea
Control person · since November 1999
- Owns 25% to 50% of Intrinsic Investors LLC
Dawn Williams
Control person · since November 1999
Intrinsic Investors’ regulatory assets grew from $123M (January 2021) to $129M (January 2026); clients fell from 186 to 156 and employees were 4 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| January 2026 | $129M | 156 | 4 | 1 |
| January 2025 | $124M | 168 | 4 | 1 |
| February 2024 | $124M | 220 | 4 | 1 |
| January 2023 | $107M | 184 | 4 | 1 |
| January 2022 | $133M | 189 | 4 | 1 |
| January 2021 | $123M | 186 | 4 | 1 |
Besides its headquarters, Intrinsic Investors has 0 offices, with 1 listed address in Wisconsin.
Wisconsin · 1 listed address
- 1200 N Mayfair RD, Suite 330, WauwatosaHQ
Contact and registration details
- Legal name
- Intrinsic Investors LLC
- Headquarters
- 1200 N Mayfair RD, Suite 330, Wauwatosa, WI 53226
- Website
- Not reported
- Phone
- 414-831-5700
- SEC file
- 801-116734
- Structure
- Wisconsin LLC
- Fiscal year end
- December
Intrinsic Investors uses Charles Schwab ($129M) as custodian for its separately managed accounts. Intrinsic Investors has custody of $30K in client assets for 49 clients.
- Charles SchwabCharles Schwab & Co, Inc. · Westlake, TX · $129M100%
At year end, Intrinsic Investors’ separately managed accounts were mostly in stocks (68%) and funds (28%).
What the accounts hold
- Stocks68%
- Funds28%
- Registered funds23%
- Pooled vehicles5%
- Cash4%
How many clients does Intrinsic Investors have?
Intrinsic Investors has 156 clients and manages $129 million for them, as of January 2026. They include 122 individual clients and 34 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 January 2026
What services does Intrinsic Investors offer?
Intrinsic Investors provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Intrinsic Investors charge?
Intrinsic Investors charges 1.00%–2.00% a year for its Asset Management Services. The fee is billed in advance.
Source: INTRINSIC INVESTORS ADV PART 2, filed 14 January 2026
Which custodians does Intrinsic Investors use?
Intrinsic Investors’ separately managed account assets are held at Charles Schwab & Co, Inc. (Westlake, TX), with $129M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 January 2026
How many financial advisors does Intrinsic Investors have?
Intrinsic Investors has 3 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 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 Intrinsic Investors invest in?
At the end of its last fiscal year, Intrinsic Investors’ separately managed accounts held 68% exchange-traded equities, 23% registered funds (mutual funds, ETFs, BDCs), 5% pooled vehicles (private funds and similar) and 4% 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 Intrinsic Investors?
Intrinsic Investors’ direct owners are William Fons, Christopher Shea and Dawn Williams, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 14 January 2026
How does Intrinsic Investors get paid?
Intrinsic Investors 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
How do I contact Intrinsic Investors?
Intrinsic Investors’ main office is at 1200 N Mayfair RD, Suite 330, Wauwatosa, WI 53226. Its phone number is 414-831-5700.