Ft ALPhaparity, LLC (Boston)

Name: Ft ALPhaparity, LLC
Address: One International Place, Boston, MA, 02110
Telephone: 617-307-5870

Ft ALPhaparity, LLC is a large advisory firm based in Boston. It manages $875.61 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California and Massachusetts.

Ft ALPhaparity provides portfolio management for investment companies, 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.

Ft ALPhaparity: assets under management

The assets under management (AUM) of Ft ALPhaparity, LLC is $875.61 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $875.61 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $72.97 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ft ALPhaparity, 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 Ft ALPhaparity serves?

The only and largest group of clients of Ft ALPhaparity is investment companies with 4 clients and $0 of assets under management. Among the 10 most similar advisory firms, Ft ALPhaparity has the highest percentage of investment companies out of all clients.

42% of the firm’s clients are foreign persons or businesses.

Ft ALPhaparity also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Ft ALPhaparity, LLC

The company employs 16 people that are either part- or full-time employees. 75 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Bjorn Anthony Davis joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Stephen Paul Burke	Executive vice president	1 Aug 2005	Other	1226114
Llc Franklin Templeton Institutional	Member	1 Nov 2010	75% - 100%	117384
John Clifton Pickart	Executive vice president and chief financial officer	1 Jan 2014	Other	1287834
William Young Yun	Chief executive officer	1 Jan 2014	Other	1412123
Mark Lecho Constant	Treasurer	1 Jan 2014	Other	2164003
Bjorn Anthony Davis	Chief compliance officer	1 Apr 2016	Other	4104631

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Franklin Resources	Member	1 Oct 2001	75% - 100%	13-2670991

Based in Boston

The principal office where Ft ALPhaparity, LLC performs its advisory services is located at One International Place, Boston, MA 02110, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-307-5870 or by fax 617-204-1199. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at franklintempleton.com/.