Founders Circle Capital, LLC (San Francisco)

Name: Founders Circle Capital, LLC
Address: 27 South Park Street, San Francisco, CA, 94107
Telephone: 415-299-8311

Founders Circle Capital, LLC is a large advisory firm based in San Francisco. It manages $444.01 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of California.

Founders Circle Capital 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.

Founders Circle Capital: assets under management

The assets under management (AUM) of Founders Circle Capital, LLC is $444.01 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 173% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $444.01 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $55.5 million each.

Founders Circle Capital has custody of $307.3 million in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Founders Circle Capital, 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 Founders Circle Capital serves?

The only and largest group of clients of Founders Circle Capital is pooled investment vehicles with 8 clients and $444.01 million of assets under management. Among the 11 most similar advisory firms, Founders Circle Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $444.01 million for 8 clients. None of the firm’s clients are foreign persons or businesses.

Founders Circle Capital also advises several private funds. Namely, seven private equity funds and one venture capital fund. The minimum investment commitment required of non-related persons ranges from $0 to $125,000.

Careers at Founders Circle Capital, LLC

The company employs 10 people that are either part- or full-time employees. 60 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
Michael Kyujune Jung	Managing director	1 Apr 2012	25% - 50%	3151624
Christopher John Albinson	Managing director	1 Apr 2012	25% - 50%	4939990
Kenneth Matthew Loveless	Managing director	1 Apr 2012	25% - 50%	6176500
Audrey Beth Vallen	Cfo and cco	1 Feb 2013	Other	6041489

Based in San Francisco

The principal office where Founders Circle Capital, LLC performs its advisory services is located at 27 South Park Street, 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 415-299-8311. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at founderscirclecapital.com.