Franklin Alternative Strategies Advisers, LLC (Boston)

Name: Franklin Alternative Strategies Advisers, LLC
Address: One International Place, Boston, MA, 02110
Telephone: 617-307-5870

Franklin Alternative Strategies Advisers, LLC is a large advisory firm based in Boston. It manages $120.89 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California and Massachusetts.

Franklin Alternative Strategies Advisers 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.

Franklin Alternative Strategies Advisers: assets under management

The assets under management (AUM) of Franklin Alternative Strategies Advisers, LLC is $120.89 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -62% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $120.89 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $40.3 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Franklin Alternative Strategies Advisers, 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.

Careers at Franklin Alternative Strategies Advisers, LLC

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
John Clifton Pickart	Executive vice president and chief financial officer	1 Aug 2005	Other	1287834
Llc Franklin Templeton Institutional	Shareholder	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
Norman Rickard Frisbie	Executive vice president	1 Jan 2014	Other	2115692
Mark Lecho Constant	Treasurer	1 Jan 2014	Other	2164003
Selena Lee Holmes	Chief compliance officer	1 Jul 2014	Other	2346213
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	Parent corporation of ftillc: 100%	1 Oct 2001	75% - 100%	13-2670991

Based in Boston

The principal office where Franklin Alternative Strategies Advisers, 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 San Mateo, CA. 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/.