Advisory Research is a money management firm that serves the equity and fixed-income investment needs of institutional investors. The firm, founded in 1974, manages more than $6.3 billion in total assets. Its clients include individuals, privately-held companies, university endowments, private and public foundations, and pension and profit-sharing plans. In addition, the firm offers risk-adjusted returns to clients. Advisory Research provides various investment strategies, including small-, mid- and large-cap value strategies. Its micro-cap value strategy focuses on value-oriented companies with market capitalizations below $300 million. The firm additionally provides all-cap, international value, fixed-income and S&P 500 index equally weighted strategies. Advisory Research is located in Chicago.