Walthausen & Co., LLC

Walthausen & Co., LLC is a SEC-registered investment adviser specializing in providing discretionary investment advisory services since 2007. The firm focuses on value strategies in the micro and small capitalization segments of the US domestic equities market. They offer three strategies: Small Cap Value, Focused Small Cap Value, and Micro Cap Value. Clients can invest in separate accounts or mutual funds managed by Walthausen. The minimum initial investment for separate accounts ranges from $5 million to $62,500, depending on the strategy chosen. Fees are based on a tiered structure and are billed quarterly in advance. Walthausen does not charge performance-based fees and does not have custody of client accounts. The firm exercises investment discretion, allowing them to make trades without prior client approval. They vote proxies on behalf of clients based on Glass Lewis recommendations. Walthausen does not pay referral fees and has no reportable disciplinary events. Clients receive quarterly reports summarizing account performance and holdings. The firm's Code of Ethics ensures high ethical standards and compliance with securities laws.