Ffl Partners, LLC (San Francisco)

Name: Ffl Partners, LLC
Address: One Maritime Plaza, San Francisco, CA, 94111 3512
Telephone: 415-402-2100

Ffl Partners, LLC is a large advisory firm based in San Francisco. It manages $3.93 billion of regulatory assets for 24 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of California.

Ffl Partners 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.

Ffl Partners: assets under management

The assets under management (AUM) of Ffl Partners, LLC is $3.93 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -1% since the beginning of its operation, and $2.01 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.93 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $163.79 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ffl 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 Ffl Partners serves?

The only and largest group of clients of Ffl Partners is pooled investment vehicles with 24 clients and $3.93 billion of assets under management. Among the 11 most similar advisory firms, Ffl Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.93 billion for 24 clients. 38% of the firm’s clients are foreign persons or businesses.

Ffl Partners also advises several private funds. Namely, twenty four private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Ffl Partners, LLC

The company employs 45 people that are either part- or full-time employees. 69 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

Name	Entity	Date acquired	Ownership	Employer ID
Tully Michael Friedman	Senior managing member	1 Apr 1997	Other	214743
Christopher Andrew Masto	Senior managing member	1 Apr 1997	Other	2000951
Spencer Charles Fleischer	Senior managing member	1 Mar 1998	Other	1312125
Aaron Stivers Money	Senior managing member	1 Mar 2016	Other	6466264
Gregory Michael Long	Senior managing member	1 Mar 2016	Other	6632391
Christopher Andrew Harris	Senior managing member	1 Mar 2016	Other	6118805
Cas Andrew Schneller	Senior managing member	1 Mar 2016	Other	4214448
Patricia Ann Nykodym	Chief financial officer / chief compliance officer	1 Mar 2016	Other	1407960
L.P. Ffl Partners	Managing member	1 Jul 2016	75% - 100%	81-3174921
Rajat Duggal	Senior managing member	1 Jul 2017	Other	5378810

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Ffl Partners Holdings	General partner	1 Mar 2016	Other	81-3193858

Based in San Francisco

The principal office where Ffl Partners, LLC performs its advisory services is located at One Maritime Plaza, San Francisco, CA 94111 3512, 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 415-402-2100 or by fax 415-402-2111. The normal business hours are 9 am - 6 pm on Monday - Friday. You can find more information about the New York firm at fflpartners.com/.