Third Avenue Management (TAM) offers investment management services to various clients, including registered investment companies, private funds, individuals, and institutions. TAM focuses on long-term value investing, seeking well-financed companies at discounted prices. TAM's services are not tailored to individual client needs, and they may accommodate client-specific investment restriction requests when TAM believes that they will not unreasonably impede TAM’s ability to manage the account consistent with the stated strategy mandate.
Third Avenue Management's fees for investment management are based on a percentage of the value of your portfolio. The specific percentage is negotiated individually, taking into account factors like the level of service, investment goals, account size, and types of investments. The annual fee rates for new separate accounts range between 0.60% and 1.25%.