Explorer Fund Advisors, LLC (Chicago)

Name: Explorer Fund Advisors, LLC
Address: 303 W Madison St, Suite 925, Chicago, IL, 60606
Telephone: 312-324-0900

Explorer Fund Advisors, LLC is a related adviser based in Chicago. It manages $10 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Illinois.

Explorer Fund Advisors provides portfolio management for pooled investment vehicles, pension consulting services, selection of other advisers, and security ratings or pricing 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.

Explorer Fund Advisors: assets under management

The assets under management (AUM) of Explorer Fund Advisors, LLC is $10 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $8 million in discretionary accounts and $2 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Explorer Fund Advisors, 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 Explorer Fund Advisors, LLC

Karl James Kleinops joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Peter Carl	Chief operating officer	1 Sep 2003	25% - 50%	4306580
Robert Louis Holz	Chief executive officer	1 Sep 2003	25% - 50%	1090354
Victor Antonio Canto	Head of research & development	1 Sep 2003	25% - 50%	1619996
Karl James Kleinops	Chief compliance officer	1 Jan 2005	Other	1141064

Based in Chicago

The principal office where Explorer Fund Advisors, LLC performs its advisory services is located at 303 W Madison St, Suite 925, Chicago, IL 60606, 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 312-324-0900 or by fax 312-432-4848. The normal business hours are 8 am - 5 pm cst on Monday - Friday. You can find more information about the New York firm at explorerfunds.com.