Fsip LLC (New York)

Fsip LLC is a large advisory firm based in New York. It manages $756.79 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut and New York.

Fsip provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fsip: assets under management

The assets under management (AUM) of Fsip LLC is $756.79 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -30% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $756.79 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $84.09 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fsip 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.

Careers at Fsip LLC

Edmund A Hajim has been acting as President since 1 Dec 1995. Ing Furman Selz Asset Management Llc joined the executive team most recently as the Sole Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Edmund A Hajim	Chairman	1 Dec 1995	Other	807464
Robert Joseph Miller	Vice president, treasurer	1 Jul 1998	Other	1093744
Furman Selz Capital Management Llc	Sole member	1 Jul 1998	75% - 100%	13-3856627
Bernard Thierry Selz	Vice chairman	1 Oct 1998	Other	418681
Gerald Thomas Lins	General counsel	1 Nov 1999	Other	4068642
Vivianne Hernandez	Chief operating officer	1 Jan 2000	Other	2329997
Todd Alan Neufeld	Chief operating officer	1 Aug 2001	Other	2257301
Paul Damien Gyra	President	1 Jun 2002	Other	4335490
James Scott Fox	President, ceo, coo	1 Feb 2004	Other	2024359
Michael Joseph Gioffre	Chief compliance officer	1 Feb 2004	Other	1863705
Robert William Crispin	Chairman	1 Feb 2004	Other	1642909
Jeffrey Todd Becker	Cfo	1 Feb 2004	Other	4447439
Iii Fredric Armstrong Nelson	Vice chairman	1 Feb 2004	Other	4619723
Gregory G Mcgreevey	Executive vice president	1 Feb 2004	Other	2990466
Ing Furman Selz Asset Management Llc	Sole member	1 Jun 2004	75% - 100%	13-3897669
Ing Investment Management Alternative Assets Llc	Sole member	1 Jun 2004	75% - 100%	13-3897669

Indirect Owners

The SEC currently registers 14 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Ing Groep N.V.	Sole shareholder	1 Jan 1991	75% - 100%	98-0220475
Ing Verzekeringen Bv	Shareholder	1 Jan 1991	75% - 100%	foreign
Ing Verzekeringen N.V.	Shareholder	1 Jan 1991	75% - 100%	foreign
Ing Bank N.V.	Sole shareholder	1 Oct 1997	75% - 100%	13-2946164
Ing Groep N.V.	Sole shareholder	1 Oct 1997	75% - 100%	98-0220475
Ing Furman Selz Asset Management Llc	Sole member	1 Jul 1998	75% - 100%	13-3897669
Ing (Us) Financial Holdings Corporation	Sole member	1 Jul 1998	75% - 100%	13-3916161
Ing Financial Holdings Corporation	Sole member	1 Jul 1998	75% - 100%	13-3916161
Lion Connecticut Holdings Inc.	Sole member	1 Jan 2001	75% - 100%	02-0488491
Ing Investment Management Llc	Sole member	1 Jan 2004	75% - 100%	58-2361003
Ing Americas Insurance Holdings Inc.	Shareholder	1 Jan 2004	75% - 100%	52-1222820
Ing Insurance International Bv	Shareholder	1 Jan 2004	75% - 100%	98-0159264
Inc. Ing Americas Insurance Holdings	Shareholder	1 Jan 2004	75% - 100%	52-1222820
Ing Insurance International B.V.	Shareholder	1 Jan 2004	75% - 100%	98-0159264

Based in New York

The principal office where Fsip LLC performs its advisory services is located at 230 Park Avenue, New York, NY 10169, which is also the mailing address of the firm. An additional office of the firm is in Hartford, CT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-309-8200 or by fax 212-309-8226. The normal business hours are 9-5 pm on Monday - Friday.