Fpr Partners LLC (San Francisco)


Fpr Partners LLC is a large advisory firm based in San Francisco. It manages $4.19 billion of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

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

Fpr Partners: assets under management

The assets under management (AUM) of Fpr Partners LLC is $4.19 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 307% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.19 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $419.1 million each.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fpr Partners 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 Thomas Blackburn Hazlehurst serves?

The only and largest group of clients of Thomas Blackburn Hazlehurst is pooled investment vehicles with 9 clients and $4.12 billion of assets under management. Among the 12 most similar advisory firms, Fpr Partners has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $4.12 billion for 9 clients. None of the firm’s clients are foreign persons or businesses.

Fpr Partners also advises several private funds. Namely, nine hedge funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Fpr Partners LLC

The company employs 10 people that are either part- or full-time employees. 50 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.

Thomas Blackburn Hazlehurst has been acting as President since 1 Jun 2008. Thomas Edward Johann joined the executive team most recently as the Chief Operating Officer And Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Bobby Ray Peck Managing director, managing member, trustee 1 Oct 2007 50% - 75% 3226664
Andrew John Raab Managing director, managing member, trustee 1 Oct 2007 50% - 75% 2661879
Llc Fremont Group Member 1 Oct 2007 25% - 50% 94-3238361
Thomas Blackburn Hazlehurst Director 1 Jun 2008 Other 4831290
Peck 2007 Family Trust Member 1 Sep 2008 50% - 75% 99-9999999
Ellen Walsh Peck Trustee 1 Sep 2008 50% - 75% 6027477
Stephen Dengler Lane Chief financial officer, chief compliance officer 1 May 2011 Other 5913004
Siu [Nmn] Chiang Chief compliance officer and chief financial officer 1 Aug 2012 Other 5314443
Siu Chiang Chief compliance officer and chief financial officer 1 Aug 2012 Other 5314443
Llc Fremont Resource Associates Member 1 Jan 2013 Other 46-3678253
Catherine Konovaliv Raab Trustee 1 Aug 2014 50% - 75% 6444725
Dated October 27 2005 Andrew J. Raab And Catherine K. Raab 2005 Family Trust Agreement Member 1 Aug 2014 50% - 75% 99-9999999
Thomas Edward Johann Chief operating officer 1 May 2015 Other 4663700
Thomas Edward Johann Chief operating officer and chief compliance officer 1 Mar 2017 Other 4663700

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
L.P. Bf Global Member 1 Jan 2013 50% - 75% 94-3322721

Based in San Francisco

The principal office where Fpr Partners LLC performs its advisory services is located at 199 Fremont Street, San Francisco, CA 94105, 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 415-284-8888. The normal business hours are 7:30am-5:30pm on Monday - Friday. You can find more information about the New York firm at fprpartners.com.