St. James Investment Company is an independent registered investment advisor founded in 1999, headquartered in Southlake, Texas. The firm specializes in managing equity portfolios for private individuals, trusts, estates, pension and profit-sharing plans, charitable organizations, and foundations. Using a disciplined value investment strategy pioneered by Benjamin Graham and David Dodd, St. James seeks to identify financially strong companies trading at a substantial discount to their intrinsic value. The investment process involves a rigorous four-stage approach consisting of initial qualification based on financial strength, quantitative valuation using absolute valuation criteria, fundamental qualitative research, and careful portfolio construction. St. James operates with the authority to make trades without asking clients first, tailoring portfolios to meet individual client strategies while accepting reasonable investment restrictions. In addition to direct portfolio management, the firm provides sub-advisory services for other advisors and investment companies, and distributes an investment model for use by external advisors. St. James emphasizes a long-term perspective with an expected holding period of approximately five years per position and maintains a strict sell discipline.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.75% |
The maximum annual fee charged by St. James is 0.75% for directly managed accounts. Fees are negotiable based on account type, custodial arrangements, and total assets under management from related accounts. Sub-advised accounts and model distribution services are subject to a maximum annual fee of 0.50%.