Yacktman Asset Management is an Austin, Texas-based investment firm with a focus on value equity investing.
We employ an objective, patient, and diligent investment approach and seek to achieve superior investment returns over a full market cycle.
Our firm is owned by its partners including Chief Investment Officer Stephen Yacktman, Portfolio Managers Jason Subotky, Adam Sues, and Russell Wilkins, Chief Financial Officer Keith Thatcher, Chief Operating Officer James Carmody, founder Don Yacktman, and majority owner Affiliated Managers Group, Inc.
Yacktman Asset Management is an affiliate of Affiliated Managers Group, Inc. (“AMG”), a publicly traded global asset management company with equity investments in leading boutique investment management firms, including Yacktman. AMG’s equity interest is structured so that Yacktman maintains operational autonomy. AMG does not have any role in the day-to-day management of Yacktman. AMG Affiliates, including Yacktman, operate autonomously and independently of AMG and of each other.
Yacktman’s senior management takes an active role overseeing risk management across the firm primarily via its Management Committee. The members of this committee represent senior leadership and support by participating on the Operations Committee, Compliance Committee, Trading Committee, and Investment Committee.
Keith Thatcher, CPA
Mr. Thatcher is Partner and Chief Financial Officer at Yacktman Asset Management. Prior to joining the Firm in 2013, Keith worked at Bridgepoint Consulting LLC, where he was a CFO-level consultant for various companies. Previous to that he held senior finance and accounting roles at Financial Industries Corporation, Concero, Tanisys Technology, and Kinetic Concepts. Keith began his career with KPMG. He earned a bachelor’s degree in Accountancy from Northern Arizona University.
Mr. Carmody is Partner and Chief Operating Officer at Yacktman Asset Management. He joined the firm in 2020 after working previously at Fidelity Investments and Affiliated Managers Group. Mr. Carmody received a bachelor’s degree in Industrial and Labor Relations and a Master of Public Administration from Cornell University and an MBA from the MIT Sloan School of Management.
Ms. Buie is Chief Compliance Officer at Yacktman Asset Management. She joined Yacktman in 2013. Prior to that she worked for True North Advisors and First Command Financial Planning. Ms. Buie is a Certified Securities Compliance Professional (CSCP) and a former board member of the National Society of Compliance Professionals. Ms. Buie holds a bachelor’s degree in Nutrition and Dietetics from Texas Christian University.