Dodge & Cox (San Francisco)


Dodge & Cox is a large advisory firm based in San Francisco. It manages $285.93 billion of regulatory assets for 804 client accounts. It has been registered with the SEC as an adviser since 2000 and has operated in the jurisdictions of Arizona, California, Colorado, and 37 other states.

Dodge & provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dodge &: assets under management

The assets under management (AUM) of Dodge & Cox is $285.93 billion. The firm's AUM has grown by 524% since the beginning of its operation, and $6.75 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $284.33 billion in discretionary accounts and $1.6 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $354.08 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.6 billion.

Investments

The firm invests in exchange traded securities the most. They account for 23% of the total AUM. The second-largest asset type is other assets, which make up 22% of the firm’s portfolio. Investments in government bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Dodge & Cox for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Dodge & serves?

The firm provides services to individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Dodge & is investment companies with 6 clients and $188.45 billion of assets under management. Among the 10 most similar advisory firms, Dodge & has the 4th highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $285.93 billion for 805 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Dodge & also advises several private funds. Namely, four other private funds. The minimum investment commitment required of non-related persons is $50,000 for each fund.

Careers at Dodge & Cox

The company employs 248 people that are either part- or full-time employees. 35 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Allen Horton Shapiro Senior vp & director 1 Dec 1977 Other 3005919
John Albert Gunn Chairman emeritus, director, & shareholder 1 Mar 1980 Other 1999440
Kenneth Edward Olivier Chairman, ceo, director, & shareholder 1 Feb 1989 Other 2125406
Kenneth Edward Olivier Senior vp & director 1 Sep 1990 Other 2125406
Harry Robert Hagey Chairman, ceo & director 1 Dec 1992 Other 2125418
John Albert Gunn President, cio & director 1 Dec 1992 Other 1999440
Thomas Martin Mistele Coo, senior counsel, secretary, director, & shareholder 1 Aug 1996 Other 1909004
Dana Morton Emery Senior vp, director & mgr. of fixed income 1 Mar 1998 Other 2155886
John Michael Loll Treasurer, vp, & shareholder 1 Jan 2000 Other 2959094
Thomas Martin Mistele Gen. counsel, vp, secretary & compliance officer 1 Jan 2000 Other 1909004
John M Loll Vp & treasurer 1 Jan 2000 Other 2959094
Dana Morton Emery Ceo, president, director of fixed income, director, & shareholder 1 Jan 2001 Other 2155886
Kenneth Edward Olivier Executive vp & director 1 Feb 2002 Other 2125406
Charles Frederick Pohl Chairman, cio, director, & shareholder 1 Jan 2003 Other 2958878
Charles Frederick Pohl Senior vp & director, co-director of research 1 Mar 2003 Other 2958878
Marcia P. Venegas Chief compliance officer 1 Sep 2004 Other 4933826
Marcia Paulina Venegas Chief compliance officer 1 Sep 2004 Other 4933826
Thomas Martin Mistele Gen. counsel, coo, secretary & director 1 Mar 2005 Other 1909004
Harry Robert Hagey Chairman & director 1 Dec 2005 Other 2125418
John Albert Gunn Ceo, cio & director 1 Dec 2005 Other 1999440
Kenneth Edward Olivier President & director 1 Dec 2005 Other 2125406
Dana Morton Emery Executive vp, director & mgr. of fixed income 1 Dec 2005 Other 2155886
C. Bryan Cameron Director of research, svp, & shareholder 1 Jan 2007 Other 2958910
Charles Bryan Cameron Director of research, svp, & shareholder 1 Jan 2007 Other 2958910
John Albert Gunn Chairman, ceo, & director 1 Jan 2007 Other 1999440
Charles Frederick Pohl Senior vp, cio, & director 1 Jan 2007 Other 2958878
Katherine Marie Primas Chief compliance officer, vp, & shareholder 1 Nov 2008 Other 2521516
Kenneth Edward Olivier President, ceo, & director 1 Mar 2010 Other 2125406
John Albert Gunn Chairman emeritus & director 1 Mar 2011 Other 1999440
Kenneth Edward Olivier Chairman, ceo, & director 1 Mar 2011 Other 2125406
Dana Morton Emery Co-president, director of fixed income, & director 1 Mar 2011 Other 2155886
Charles Frederick Pohl Co-president, cio, & director 1 Mar 2011 Other 2958878
Thomas Sullivan Dugan Director, svp, associate director of fixed income, & shareholder 1 May 2011 Other 1799913
David Clinton Hoeft Director, svp, associate director of research, & shareholder 1 May 2011 Other 2959073
Diana Shames Strandberg Director, svp, director of international equity, & shareholder 1 May 2011 Other 1563141
Roberta Rumiewaiyee Kameda General counsel, vp, assistant secretary, & shareholder 1 Jun 2011 Other 2848940
Roger George Kuo Director, svp, & shareholder 1 Jan 2016 Other 3115090
Roger G Kuo Director, svp, & shareholder 1 Jan 2016 Other 3115090
William Wilton Strickland Chief operating officer, vp 1 Jan 2017 Other 3081707

Based in San Francisco

The principal office where Dodge & Cox performs its advisory services is located at 555 California Street, San Francisco, CA 94104, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-981-1710 or by fax 415-986-1369. The normal business hours are 7:45 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at privateclient.dodgeandcox.com.