Fco Advisors LP (New York)

Fco Advisors 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.

Fco Advisors: assets under management

The assets under management (AUM) of Fco Advisors LP is $2.53 billion. The firm's AUM has grown by 41% since the beginning of its operation, and $1.23 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.28 billion in discretionary accounts and $250 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $228.36 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $250 million.

Investments

The firm invests in state and local bonds the most. They account for 79% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 13% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fco Advisors LP 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 Fco Advisors serves?

The only and largest group of clients of Fco Advisors is pooled investment vehicles with 9 clients and $1.54 billion of assets under management. Among the 10 most similar advisory firms, Fco Advisors has the 4th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.54 billion for 9 clients. 60% of the firm’s clients are foreign persons or businesses.

Fco Advisors also advises several private funds. Namely, three hedge funds and one private equity fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Fco Advisors LP

The company employs 12 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.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 9 indirect owners.

Based in New York

The principal office where Fco Advisors LP performs its advisory services is located at 745 Fifth Avenue, New York, NY 10151, 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 212-205-5000 or by fax 212-205-5022. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at fundamentaladvisorslp.com/.

Registered investment advisers similar to Fco Advisors LP

• Healthcare Royalty Management
• Iron Point Partners
• Burford Capital Investment Management
• Citistreet Financial Services
• London Co Of Virginia
• Ballentine Finn &
• Asana Partners
• Stockbridge Partners
• Van Eck Associates Corp
• Alaska Permanent Capital Management
• Trillium Asset Management
• Gwm Advisors
• Guggenheim Funds Investment Advisors
• Bluestone Capital Management
• Brown Capital Management