Segment & Geographic Data
Quant-Grade Normalized (live API)
API & CSV Delivery
Virtus Investment Partners Inc's Business Segments
Virtus Investment Partners Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
8
Largest Segment
Investment management fees
Total Revenue
$ 201
Regions Reported
-
Revenue Share by Reportable Segment - FY
- Investment management fees0%
- Open End Funds62.2%
- Retail separate accounts44.7%
- Institutional accounts37.3%
- Closed End Funds24.6%
- Administration and Shareholder Service Fees17.2%
- Distribution and Service Fees11.6%
- Other Income and fees1.4%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Investment management fees | $ 340 | - |
| Open End Funds | $ 125 | 62.2% |
| Retail separate accounts | $ 90 | 44.7% |
5 more segments available
Sign in to unlock the full Virtus Investment Partners Inc dataset.
Revenue by Product & Service Category - FY
- Investment management fees84.8%
- Open End Funds30.5%
- Retail separate accounts21.2%
- Institutional accounts18.8%
- Closed End Funds14.3%
- Administration and Shareholder Service Fees8.6%
- Distribution and Service Fees5.8%
- Other Income and fees0.7%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Investment management fees | $ 171 | 84.8% |
| Open End Funds | $ 61 | 30.5% |
| Retail separate accounts | $ 43 | 21.2% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
5 more categories available
Sign in to unlock the full Virtus Investment Partners Inc dataset.
Annual Results
Revenue Share by Reportable Segment - FY
- Investment management fees0%
- Open End Funds62.2%
- Retail separate accounts44.7%
- Institutional accounts37.3%
- Closed End Funds24.6%
- Administration and Shareholder Service Fees17.2%
- Distribution and Service Fees11.6%
- Other Income and fees1.4%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Investment management fees | $ 340 | - |
| Open End Funds | $ 125 | 62.2% |
| Retail separate accounts | $ 90 | 44.7% |
5 more segments available
Sign in to unlock the full Virtus Investment Partners Inc dataset.
Description of Virtus Investment Partners Inc
We are a provider of investment management and related services to individuals
and institutions. We use a multi-manager, multi-style approach, offering investment
strategies from affiliated managers and select unaffiliated subadvisors, each
having its own distinct investment style, autonomous investment process and individual
brand. By offering a broad array of products, we believe we can appeal to a greater
number of investors which allows us to have opportunities across market cycles
and through changes in investor preferences.
Virtus Investment Partners Inc. is a prominent player in the investment management industry, offering a diverse range of products and services designed to meet the needs of various investor segments.
Investment Products
Virtus Investment Partners boasts an extensive array of investment products that cater to a range of investor preferences:
1. Open-End Funds: These funds allow investors to buy and sell shares at any time at the net asset value (NAV). They are continuously offered and do not have a fixed number of shares, making them highly liquid investment vehicles.
2. Closed-End Funds: Unlike open-end funds, closed-end funds issue a fixed number of shares that trade on the stock exchange. These funds often invest in a broader array of assets, including stocks, bonds, and other securities, and can provide higher potential returns along with risks.
3. Exchange-Traded Funds (ETFs): Virtus offers a range of ETFs, which are investment funds that are traded on stock exchanges much like stocks. These funds typically track an index and provide investors with diversification, low expense ratios, and tax efficiency.
4. Variable Insurance Funds: These are investment options within variable insurance products such as variable annuities, offering clients a selection of portfolios to choose from that can include both equity and fixed income investment strategies.
5. Separately Managed Accounts (SMAs): These accounts provide customized investment management solutions to investors, allowing them to own individual securities rather than shares of a fund. They are available for both intermediary-sponsored solutions and private client arrangements.
6. Institutional Accounts: Virtus offers specialized investment management services tailored for institutional investors. This includes traditional institutional mandates, which are custom strategies crafted to meet the specific objectives of institutions, and structured products that may involve derivatives to provide tailored risk and return profiles.
Broker-Dealer Services
Virtus Investment Partners operates with the support of two subsidiaries functioning as broker-dealers, ensuring compliance with regulatory requirements and enhancing the distribution capability of their investment products:
1. Broker-Dealer Subsidiaries: Both subsidiaries are registered under the Securities Exchange Act of 1934 and are members of the Financial Industry Regulatory Authority (FINRA). They handle the underwriting and distribution of Virtuss open-end mutual funds, ETFs, and separately managed accounts.
2. Distribution of Investment Products:
- VP Distributors, LLC (VPD): This subsidiary is responsible for distributing open-end mutual fund shares, UCITS (Undertakings for Collective Investment in Transferable Securities), and ETFs. VPD works under sales agreements with various unaffiliated financial intermediaries to assist in distributing these investment products. It also promotes advisory services tailored to sponsors of separately managed account programs.
- ETF Distributors, LLC (ETFD): ETFD serves specifically as the principal underwriter and distributor of Virtuss ETFs, providing essential support for the marketing and sales of these investment vehicles.
Regulatory Compliance
Virtus Investment Partners adheres to stringent industry regulations, including the SECs net capital rule, which imposes minimum financial condition and liquidity standards on broker-dealers. This ensures that all broker-dealer operations are fortified with proper oversight and stability, thereby enhancing investor confidence in their services.
Conclusion
Overall, Virtus Investment Partners Inc. presents a robust suite of investment solutions tailored for both individual and institutional investors, backed by dedicated broker-dealer services that expand their reach and compliance within the industry. This diverse offering positions them well within the competitive landscape of investment management, appealing to a wide array of investment strategies and objectives.
Investment Products
Virtus Investment Partners boasts an extensive array of investment products that cater to a range of investor preferences:
1. Open-End Funds: These funds allow investors to buy and sell shares at any time at the net asset value (NAV). They are continuously offered and do not have a fixed number of shares, making them highly liquid investment vehicles.
2. Closed-End Funds: Unlike open-end funds, closed-end funds issue a fixed number of shares that trade on the stock exchange. These funds often invest in a broader array of assets, including stocks, bonds, and other securities, and can provide higher potential returns along with risks.
3. Exchange-Traded Funds (ETFs): Virtus offers a range of ETFs, which are investment funds that are traded on stock exchanges much like stocks. These funds typically track an index and provide investors with diversification, low expense ratios, and tax efficiency.
4. Variable Insurance Funds: These are investment options within variable insurance products such as variable annuities, offering clients a selection of portfolios to choose from that can include both equity and fixed income investment strategies.
5. Separately Managed Accounts (SMAs): These accounts provide customized investment management solutions to investors, allowing them to own individual securities rather than shares of a fund. They are available for both intermediary-sponsored solutions and private client arrangements.
6. Institutional Accounts: Virtus offers specialized investment management services tailored for institutional investors. This includes traditional institutional mandates, which are custom strategies crafted to meet the specific objectives of institutions, and structured products that may involve derivatives to provide tailored risk and return profiles.
Broker-Dealer Services
Virtus Investment Partners operates with the support of two subsidiaries functioning as broker-dealers, ensuring compliance with regulatory requirements and enhancing the distribution capability of their investment products:
1. Broker-Dealer Subsidiaries: Both subsidiaries are registered under the Securities Exchange Act of 1934 and are members of the Financial Industry Regulatory Authority (FINRA). They handle the underwriting and distribution of Virtuss open-end mutual funds, ETFs, and separately managed accounts.
2. Distribution of Investment Products:
- VP Distributors, LLC (VPD): This subsidiary is responsible for distributing open-end mutual fund shares, UCITS (Undertakings for Collective Investment in Transferable Securities), and ETFs. VPD works under sales agreements with various unaffiliated financial intermediaries to assist in distributing these investment products. It also promotes advisory services tailored to sponsors of separately managed account programs.
- ETF Distributors, LLC (ETFD): ETFD serves specifically as the principal underwriter and distributor of Virtuss ETFs, providing essential support for the marketing and sales of these investment vehicles.
Regulatory Compliance
Virtus Investment Partners adheres to stringent industry regulations, including the SECs net capital rule, which imposes minimum financial condition and liquidity standards on broker-dealers. This ensures that all broker-dealer operations are fortified with proper oversight and stability, thereby enhancing investor confidence in their services.
Conclusion
Overall, Virtus Investment Partners Inc. presents a robust suite of investment solutions tailored for both individual and institutional investors, backed by dedicated broker-dealer services that expand their reach and compliance within the industry. This diverse offering positions them well within the competitive landscape of investment management, appealing to a wide array of investment strategies and objectives.