Goodhaven Capital Management
Answer a few questions and
get matched with an advisor.
Learn more about Goodhaven Capital Management
Overview
Goodhaven Capital Management is a financial advisory company based in Millburn, New Jersey. It administers $182.7 million in assets under management throughout 68 customer accounts, placing it in the mid-tier of investment advisory firms in the country by assets under management (AUM). Goodhaven Capital Management has a small group, including 2 financial advisors. Goodhaven Capital Management is not a registered broker-dealer, meaning the firm is not able to buy and sell securities for its own accounts as well as its customers' and instead must go through a broker-dealer firm to do so. Securities are tradable financial assets like options, stocks and bonds.
Goodhaven Capital Management administers all of the company's accounts in a discretionary manner. Discretionary management means that a portfolio manager makes buy and sell choices for the client's account without needing client authorization. Goodhaven Capital Management oversees an average of $2.7 million in assets for each account. An average financial advisor at Goodhaven Capital Management administers about 34 client accounts, placing it towards the middle in terms of personalization.
The firm's central office is located at 374 Millburn Avenue, Millburn, New Jersey 7041. The company is permitted to serve investors across a few states, including Connecticut, Florida, Massachusetts, New Jersey and New York.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Goodhaven Capital Management by the Numbers
$182.7 million
5
68
$2.7 million
Fee Structure
Fees for financial management are based on the services provided. However, fee types billed by the firm most likely include any combination of the following fee structures: asset-based or performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are provided by the firm.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 26% of firms
Performance-based
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 32% of firms that offer this fee type
Fixed
-
Find one of the 10% of firms that offer this fee type
Other
Types of Clients
It provides services to retail investors, high net worth investors and investment companies. Out of its 68 accounts, Goodhaven Capital Management's biggest client is retail investors, but it also serves 19 high-net-worth individuals. A high-net-worth individual is defined by the SEC as a person who has at least $750,000 in AUM or a net worth of more than $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the company's clients are represented by people from outside of the U.S.
- High-Net-Worth Individuals* - 29.69%
- Other Individuals - 68.75%
- Corporations - 1.56%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Goodhaven Capital Management does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.