/**/ About Us - Reaves Asset Management

About Us

Reaves Asset Management is an asset management firm with decades of experience investing in publicly listed equities. Reaves is a privately held, independently-owned company.

Our managed portfolios, designed to provide both income and capital appreciation, have historically generated attractive risk-adjusted returns with defensive characteristics.

The team at Reaves invests in the same strategies as our clients, most notably through the firm’s employee profit-sharing trust. Employees also have investments in the firm’s closed-end fund, exchange-traded fund, and mutual fund.

Our History

Reaves Asset Management was founded in 1961 by William H. Reaves who built on his experience and knowledge as the head of utility research at Kidder Peabody & Co. to create the framework for our research-driven investment philosophy.

In 1978, Reaves began managing its first institutional account focused exclusively on the utility and energy infrastructure sectors of the broad market. In 2004, the Reaves Utility Income Fund was launched and has consistently ranked as one of the most well managed closed-end funds.

Today, as the firm approaches its 60th anniversary, the Reaves investment team remains dedicated to our founder’s original vision of focusing its research and investing efforts on companies which provide essential services and form the backbone of our modern economy.