Franco Asset Management, LP (Miami)

Franco Asset Management, LP is a large advisory firm based in Miami. It manages $237.97 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Florida.

Franco Asset Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Franco Asset Management: assets under management

The assets under management (AUM) of Franco Asset Management, LP is $237.97 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 106% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $237.97 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $47.59 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Franco Asset Management, LP 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.

Careers at Franco Asset Management, LP

Alberto Franco has been acting as President since 1 Jun 2002. Ralph Patino joined the executive team most recently as the Head Of Operations & Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Alberto Franco	President	1 Jun 2002	75% - 100%	1574472
Rossana Franco	Director	1 Jun 2002	Other	1994048
Llc Franco Holdings	General partner	1 Jun 2002	Other	xxx-xx-xxxx
Ralph Patino	Head of operations & chief compliance officer	1 Apr 2004	Other	5010872

Based in Miami

The principal office where Franco Asset Management, LP performs its advisory services is located at 701 Brickell Avenue, Miami, FL 33131, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.