Rice, Hall, James & Associates is in it for the money management. The firm provides investment management for corporations, public retirement systems, health care organizations, endowments, and foundations. It distinguishes itself through an investment strategy that focuses on growth companies rather than industry or market trends. Rice, Hall, James manages more than $2.3 billion in assets. Originally founded in 1974, the company was acquired from Old Mutual (US) Holdings Inc. by the firm's management in February 2003. It is still management-owned.