Prime Finance Advisor, L.P. (San Francisco)
Prime Finance Advisor, L.P. is a large advisory firm based in San Francisco. It manages $10.68 billion of regulatory assets for 57 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California and Illinois.
Prime Finance Advisor provides portfolio management for pooled investment vehicles and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Prime Finance Advisor: assets under management
The assets under management (AUM) of Prime Finance Advisor, L.P. is $10.68 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 153% since the beginning of its operation, and $21.87 million of the total AUM is attributable to clients outside of the United States.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Prime Finance Advisor, L.P. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
What kind of clients Prime Finance Advisor serves?
The only and largest group of clients of Prime Finance Advisor is pooled investment vehicles with 57 clients and $10.68 billion of assets under management. Among the 9 most similar advisory firms, Prime Finance Advisor has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $10.68 billion for 57 clients. 2% of the firm’s clients are foreign persons or businesses.
Prime Finance Advisor also advises several private funds. Namely, three hedge funds, thirty one real estate funds, and one other private fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.
Careers at Prime Finance Advisor, L.P.
The company employs 65 people that are either part- or full-time employees. 74 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
Indirect Owners
The SEC currently registers 5 indirect owners.Based in San Francisco
The principal office where Prime Finance Advisor, L.P. performs its advisory services is located at 50 California Street, San Francisco, CA 94111, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 415-986-2415 or by fax 415-986-4518. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at prime-finance.com.
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