Fs Global Advisor, LLC (Philadelphia)

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

Fs Global Advisor, LLC is a large advisory firm based in Philadelphia. It manages $2.28 billion of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of New York and Pennsylvania.

Fs Global 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 Global Advisor: assets under management

The assets under management (AUM) of Fs Global Advisor, LLC is $2.28 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1141397% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.28 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.14 billion each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fs Global Advisor, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Fs Global Advisor serves?

The only and largest group of clients of Fs Global Advisor is investment companies with 1 clients and $2.28 billion of assets under management. Among the 7 most similar advisory firms, Fs Global Advisor has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $2.28 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.

Fs Global Advisor doesn't advise any private funds.

Careers at Fs Global Advisor, LLC

The company employs 76 people that are either part- or full-time employees. 12 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.

William David Mann joined the executive team most recently as the Dcco.

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	Chief executive officer	1 Jan 2013	Other	5517777
David J Adelman	Principal	1 Jan 2013	Other	5517785
L.P. Franklin Square Holdings	Member; class c	1 Jan 2013	75% - 100%	26-0196373
Darco Capital. L.P.	Member; class a	1 Jan 2013	Other	26-0161881
The 2011 Forman Investment Trust	Member; class a	1 Jan 2013	Other	38-7012473
David Jason Adelman	Principal	1 Jan 2013	Other	5517785
Stephen Sypherd	General counsel	1 Jan 2013	Other	6926662
Philip Browne	Cfo	1 Jan 2013	Other	6926656
Adrienne Yost Hart	Chief compliance officer	1 Jan 2013	Other	1510179
Michelle Marie Logue	Chief compliance officer	1 Aug 2014	Other	2169361
Elizabeth C Detwiler	General counsel, cco	1 May 2015	Other	4361137
Elizabeth Camilla Detwiler	Svp, cco	1 May 2015	Other	4361137
Andrew D Beckman	Managing director, portfolio manager	1 Apr 2018	Other	2634224
William David Mann	Dcco	1 Mar 2019	Other	4757930

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
David J Adelman	Managing member of the general partner	1 Mar 2007	25% - 50%	5517785
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 J Adelman	Member	1 May 2007	50% - 75%	5517785
David Jason Adelman	Member	1 May 2007	50% - 75%	5517785

Based in Philadelphia

The principal office where Fs Global Advisor, LLC performs its advisory services is located at 201 Rouse Boulevard, Philadelphia, PA 19112, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. 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 or by fax 215-339-1931. 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 franklinsquare.com.