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Andersen Corporation
Andersen Corporation is an SEC-registered investment adviser in McLean, VA, since 2003. The firm manages approximately $6.3 billion in assets.
Andersen Corporation
Andersen Corporation is an SEC-registered investment adviser in McLean, VA, since 2003. The firm manages approximately $6.3 billion in assets. It has 2061 employees and 50 investment advisers.
General information
Firm type
Single Family Office
Year founded
1903
Location
Region
North America
Country
United States
City
Mclean
Corporate office
Bayport, MN, United States
Principals
Chris Galvin
Chairman
Brandon Berg
Chief Executive Officer
Sector focus
Frequently asked questions
Who runs Andersen Corporation's investment decisions?
Capital allocation is governed by the corporation's board and executive leadership, chaired by Chris Galvin. The firm does not operate a separately branded family office or investment committee structure visible to the public. In practice, organic reinvestment into the core manufacturing business has historically been the primary use of capital.
How is Andersen Corporation related to Andersen Windows?
Andersen Windows is the wholly owned operating subsidiary of Andersen Corporation. The parent company functions as both the manufacturer's corporate holding entity and the steward of the Andersen family wealth. This vertical structure means the family's fortune is directly linked to the performance of the window and door business.
Does Andersen Corporation take outside capital or function as a multi-family office?
No. Andersen Corporation is a privately held entity owned by descendants of founder Hans Andersen. It does not manage capital for external families or institutional clients, and it has never publicly marketed fund vehicles or investment services.
What is Andersen Corporation's known posture on strategic acquisitions?
The firm has a history of bolt-on acquisitions within building products. Notable transactions include the purchase of custom door manufacturer Weiland in 2013 and luxury window maker Heritage in 2018. These deals are executed through the corporate balance sheet, not via external private equity funds.
Where does the underlying Andersen family wealth come from?
The wealth originates from the 1903 founding of the Andersen Lumber Company by Danish immigrant Hans Andersen. The enterprise evolved into Andersen Windows, a privately held manufacturer that grew into one of North America's largest window and door brands. The family has never sold the business or taken it public.
Is Andersen Corporation involved in direct real estate investment?
While its primary holding is the manufacturing operation, the corporation's historical footprint includes timberland and real estate holdings connected to its supply chain and operations. No separate real estate investment platform has been publicly disclosed.
How has Andersen Corporation handled succession across generations?
The business has transitioned through multiple generations of the Andersen family without a sale or IPO. A professional executive leadership team, most recently led by Jay Lund and now Brandon Berg, oversees daily operations, with the family maintaining board representation through Chairman Chris Galvin (public record).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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