Avenir Corporation

Avenir Corporation is an investment management firm that builds concentrated portfolios of stocks for individuals, families, trusts, foundations, and retirement plans. Founded in 1980 and registered with the U.S. Securities and Exchange Commission, Avenir focuses on a core value investment strategy. The firm seeks out companies with strong management teams trading below their estimated intrinsic value, aiming for capital preservation and real returns after accounting for inflation and taxes. Because portfolios hold a limited number of carefully chosen stocks rather than spreading money across hundreds of different companies, Avenir's investments can experience higher volatility than the broader stock market. Clients can set specific restrictions on which securities the firm can purchase for their accounts. Avenir also accommodates clients who participate in bundled fee programs through sponsoring brokers. Investment management decisions are made on a discretionary basis, meaning Avenir buys and sells securities on the client's behalf without needing prior approval for each individual trade.