Sit Investment Associates, Inc

Sit Investment Associates, Inc. is a registered investment adviser based in Minneapolis, Minnesota, founded in 1981. The firm specializes in managing domestic and international equity securities on a discretionary basis. Sit Investment's subsidiary, Sit Fixed Income Advisors II, LLC, focuses on managing fixed income securities. The firm's investment philosophy targets growth-oriented companies, emphasizing earnings growth as a primary determinant of superior long-term returns. Investment decisions are made by the Investment Committee, led by Roger J. Sit, the Chief Investment Officer. Sit Investment manages assets for various clients, including institutional investors, pension funds, corporations, and high net worth individuals, with $3.2 billion in assets under management as of December 31, 2022. Fees are calculated quarterly as a percentage of net asset value, with rates varying based on the type of portfolio managed. Sit Investment does not charge performance-based fees but may receive soft dollar benefits from broker-dealers. The firm acts as a fiduciary, providing investment discretion to clients and exercising voting authority over client securities unless instructed otherwise. Sit Investment has a Business Continuation Plan in place to ensure the continuity of services in case of interruptions. The firm's professionals, including Roger J. Sit, David A. Brown, Kent L. Johnson, and Ronald D. Sit, hold professional designations such as CFA and CPA, meeting the minimum qualifications for their roles. Clients' privacy is protected through strict confidentiality measures, and Sit Investment does not compensate for client referrals.