Fs Credit Income Advisor, LLC (Philadelphia)

Name: Fs Credit Income Advisor, LLC
Address: 201 Rouse Boulevard, Philadelphia, PA, 19112
Telephone: 215-220-6651

Fs Credit Income Advisor, LLC is a large advisory firm based in Philadelphia. It manages $135.39 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Pennsylvania.

Fs Credit Income Advisor provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fs Credit Income Advisor: assets under management

The assets under management (AUM) of Fs Credit Income Advisor, LLC is $135.39 million. The company doesn't manage any assets belonging to foreign clients.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fs Credit Income Advisor, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Fs Credit Income Advisor serves?

The only and largest group of clients of Fs Credit Income Advisor is investment companies with 1 clients and $135.39 million of assets under management. Among the 6 most similar advisory firms, Fs Credit Income Advisor has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $135.39 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Fs Credit Income Advisor doesn't advise any private funds.

Careers at Fs Credit Income Advisor, LLC

The company employs 66 people that are either part- or full-time employees. 18 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Jay Heller	Trustee, the 2011 forman investment trust	1 Jan 2012	Other	6046092
Michael Craig Forman	Chairman and ceo	1 Feb 2014	Other	5517777
L.P. Franklin Square Holdings	Member, class c	1 Feb 2014	75% - 100%	26-0196373
The 2011 Forman Investment Trust	Member	1 Feb 2014	Other	38-7012473
David Jason Adelman	Principal	1 Feb 2014	Other	5517785
Lp Darco Capital	Member	1 Jan 2017	Other	26-0161881
Elizabeth Camilla Detwiler	Svp, cco	1 Aug 2017	Other	4361137
Philip Browne	Chief financial officer	1 Sep 2017	Other	6926656
Stephen Sypherd	Chief legal officer	1 Sep 2017	Other	6926662
Craig Andrew Eidell	Dcco	1 Mar 2019	Other	4192192

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
David Jason Adelman	Managing member of the general partner	1 Mar 2007	25% - 50%	5517785
Michael Craig Forman	Managing member	1 May 2007	50% - 75%	5517777
David Jason Adelman	Member	1 May 2007	50% - 75%	5517785
G.P. Llc Franklin Square Holdings	General partner	1 May 2007	Other	26-0196189

Based in Philadelphia

The principal office where Fs Credit Income Advisor, LLC performs its advisory services is located at 201 Rouse Boulevard, Philadelphia, PA 19112, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 215-220-6651. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at fsinvestments.com.