Sawgrass Asset Management, L.L.C. is a 100 percent employee-owned, registered investment advisor based in Ponte Vedra Beach, Florida. Since the firm’s founding on January 15, 1998, our primary focus has been managing institutional and sub-advisory relationships through separate account vehicles.
Our firm’s core group of investment professionals has worked together for more than two decades, as Sawgrass Asset Management was founded by its principals Andrew Cantor, Dean McQuiddy, and Brian Monroe as a lift-out from registered investment advisor, Barnett Capital Advisors, Inc.
Since the founding of Sawgrass, our commitment has been to build a firm that is client focused while providing consistent investment management through various market environments. The main factor in providing our clients with such consistency is our 100% employee ownership. This ownership structure specifically aligns our goals with those of our clients and has also assisted in Sawgrass’ ability to retain all investments professionals since our founding.
On January 15, 1998, Sawgrass was founded by its three principals. The firm opened its doors as a Registered Investment Advisor, 50 percent employee-owned and 50 percent passive equity partner owned. In February, the Firm’s SEC registration became effective.
In March 1998, Small Cap Growth Equity, Diversified Large Growth Equity, High Quality Core Fixed Income, Intermediate Fixed Income, and Short Term Fixed Income products became available for investment.
Sawgrass Reaches $1 Billion in AUM
For the first time since our founding, Sawgrass reaches $1 Billion in Assets Under Management.
Through persistence, hard work and sincere dedication to our Clients, we reached this major milestone together just two years after our company’s inception.
Sawgrass Becomes Employee Owned
Sawgrass equity shares to the firm’s partners and senior investment staff are fully vested. Eighty percent of the firm’s investment professional are now owners of Sawgrass Asset Management.
Sawgrass Principals and Partners acquire remaining shares to become 100% employee-owned.
Sawgrass Reaches $2 Billion in AUM
Sawgrass reaches $2 Billion in Assets Under Management, another major milestone for our team.
In June 2009, the Sawgrass Opportunistic Growth Best Ideas composite exceeded $100 million in assets under management.
Genesis Small Growth
In March 2010, the Genesis Small Growth Equity product became available for investment.
Pat Riley was named the Lead Portfolio Manager for the strategy.
Sawgrass Reaches $3 Billion in AUM
Sawgrass reaches $3 Billion in Assets Under Management for the first time since inception.
Our Fixed Income and Equity teams each hired new members, expanding our Sawgrass family.