Forus Advisors, LLC (San Francisco)

Name: Forus Advisors, LLC
Address: 350 Townsend St., San Francisco, CA, 94107
Telephone: 844-401-2253

Forus Advisors, LLC is a large advisory firm based in San Francisco. It manages $573 million of regulatory assets for 11,477 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Alabama, Arizona, California, and 39 other states.

Forus Advisors provides pension consulting services and we are a fiduciary to 401(k) plans and provide advice to individual plan participants. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Forus Advisors: assets under management

The assets under management (AUM) of Forus Advisors, LLC is $573 million. The firm's AUM has grown by 82943% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $328.2 million in discretionary accounts and $244.8 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $28.73 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.53 million.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Forus Advisors, LLC for their services and products based on a percentage of assets under management and fixed 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 Forus Advisors serves?

The only and largest group of clients of Forus Advisors is pension and profit sharing plans with 357 clients and $573 million of assets under management. Among the 9 most similar advisory firms, Forus Advisors has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $573 million for 357 clients. None of the firm’s clients are foreign persons or businesses.

Forus Advisors doesn't advise any private funds.

Careers at Forus Advisors, LLC

The company employs 48 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 16 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 compensates 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
Inc. Forus	Owner	1 Jan 2013	75% - 100%	46-1803145
Shinichiro Inoue	Chief executive officer of forus, inc.	1 Jan 2013	Other	2934878
Justin David Ramirez	Chief compliance officer	1 Jan 2013	Other	4381696
Cynthia Stephens Bloch	Chief compliance officer	1 Sep 2016	Other	4790809

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
David Robert Boudreau	Shareholder	1 Jan 2013	25% - 50%	6174290
Lp Foundation Capital Viii	Series a shareholder	1 Mar 2016	25% - 50%	47-4637790

Based in San Francisco

The principal office where Forus Advisors, LLC performs its advisory services is located at 350 Townsend St., San Francisco, CA 94107, 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 844-401-2253 or by fax 1-415-276-9852. The normal business hours are 9:00-5:00 on Monday - Friday. You can find more information about the New York firm at forusall.com.