AdvisorCensus / Financial advisors / New York / New York / Giverny Capital Asset Management
Giverny Capital Asset Management
Filed as GIVERNY CAPITAL ASSET MANAGEMENT · Legal name Giverny Capital Asset Management LLC
Giverny Capital Asset Management is an SEC-registered investment advisory firm in New York, NY, registered since 2020, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.
Quick answers
From the filingHow is Giverny Capital Asset Management compensated?
On its Form ADV (Item 5.E, October 2026), Giverny Capital Asset Management reports these compensation arrangements: a percentage of assets under its management.
Where is Giverny Capital Asset Management located?
Giverny Capital Asset Management's principal office is in New York, NY, according to its Form ADV.
Is Giverny Capital Asset Management registered with the SEC or a state?
Giverny Capital Asset Management is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 306473.
How much does Giverny Capital Asset Management manage?
Giverny Capital Asset Management reports $599,391,058 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).
How have Giverny Capital Asset Management's assets and staff changed since 2021?
In the Form ADV data for Giverny Capital Asset Management: Regulatory assets under management: $119,200,000 in the October 2021 data and $599,391,058 in the October 2026 data, up 403%. Total employees: 1 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Giverny Capital Asset Management serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (221); individuals (other than high net worth individuals) (116); corporations or other businesses not listed above (8).
Which custodians does Giverny Capital Asset Management use?
Giverny Capital Asset Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists American Trust Investment Services, Inc., Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.
Does Giverny Capital Asset Management report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/306473
Does Giverny Capital Asset Management state an account minimum?
Its Form ADV Part 2A brochure dated March 30, 2026 says: "GCAM does not impose a per client minimum for investment management services but does have the discretion to do so if the initial account value is deemed too small to cover expenses related to management of the account."
What changed in Giverny Capital Asset Management's recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $502,560,115 to $599,391,058 (+19%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAccount minimum: None (the brochure says it may be waived or negotiated)
The brochure's wording
GCAM does not impose a per client minimum for investment management services but does have the discretion to do so if the initial account value is deemed too small to cover expenses related to management of the account.
As stated in the firm's Form ADV Part 2A brochure dated March 30, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$599,391,058 as of October 2026, filing dated March 30, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
Registration and firm details
Items 1, 2, 5- Legal name
- Giverny Capital Asset Management LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2020 (6 years)
- Employees
- Total: 3. Performing investment advisory functions: 2.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.
- States registered or notice-filed
-
10 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $599,391,058 | 3 | March 30, 2026 |
| October 2025 | $502,560,115 | 3 | April 3, 2025 |
| October 2024 | $368,800,284 | 3 | March 27, 2024 |
| October 2023 | $221,800,000 | 1 | April 13, 2023 |
| October 2022 | $197,000,000 | 1 | March 31, 2022 |
| October 2021 | $119,200,000 | 1 | March 24, 2021 |
Regulatory assets under management: $119,200,000 in the October 2021 data and $599,391,058 in the October 2026 data, up 403%.
Total employees: 1 in October 2021 and 3 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Regulatory assets under management went from $502,560,115 to $599,391,058 (+19%).
- January 2026
- No longer registered or notice-filed in PA.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.INot reported.
Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Giverny Capital Asset Management (CRD 306473): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/giverny-capital-asset-management-new-york-ny-306473