Rice Hall James & Associates

Overview

Rice Hall James & Associates is an independent, privately held investment firm founded in 1974, specializing in micro, small, and SMID-cap equity investments. The firm focuses on constructing portfolios of micro to SMID-capitalization stocks, employing a bottom-up, fundamental research approach to identify undervalued or undiscovered growth opportunities within this market segment. As of September 30, 2025, Rice Hall James managed approximately $2.0 billion in assets under management and advisement, serving institutional investors and high-net-worth individuals across multiple market cycles and environments. The firm's investment strategies include Micro Cap Equity, Small Cap Equity, Micro Cap Opportunities, Small Cap Opportunities, and SMID Cap Opportunities. These strategies target companies with market capitalizations ranging from $50 million to $24 billion, emphasizing high earnings growth, improving return-on-invested capital, and sustainable competitive advantages. Rice Hall James is registered as an investment adviser with the Securities and Exchange Commission, reflecting its commitment to regulatory compliance and fiduciary responsibility. Rice Hall James' culture fosters collaboration and independent thinking, aiming to provide superior service to each client. The firm's investment process strives for early recognition of undervalued or undiscovered stocks, seeking to optimize appreciation within a framework of disciplined risk control. This approach has led to a growing list of investors nationwide, including public and corporate pension funds, Taft-Hartley pension plans, foundations, endowments, financial institutions, and high-net-worth individuals.

Investment Focus

• High earnings growth
• Improving return-on-invested capital
• Sustainable competitive advantages

Portfolio Companies