The FS ADVISOR GROUP is a privately held investment adviser that advises $102.19Bn in regulatory assets under management held in 3 SEC fund types across 9 investment strategies. FS ADVISOR GROUP is a Hybrid A hybrid fund manager is a manager whose total assets under management are spread across multiple investment vehicle types rather than concentrated in one. Fund Manager. Assets increased by 254.74% over the last 5-years.
The Group has been registered with the SEC for 31.79 years and is comprised of 9 filing and 1 relying advisers. They operate out of 10 office locations with their Headquarters at 9 OLD KINGS HIGHWAY SOUTH, DARIEN, CT. The Group has not been subject to regulatory enforcement actions. They are regulated by 12 US and Non-US bodies.
They have 1,022 employees comprised of 198 investment and 824 non-investment staff. The total number of Employees increased by 5.58% over the last 5-years.
Their $102.19Bn in assets advised are owned by 146 private funds, 6 public funds and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $48.38Bn or 47.34% of Total Assets and Investment Companies (IC) own $33.77Bn or 33.05% of Total Assets.
The Group's top investment strategies include Traditional LBO, Real Estate and FI/Credit - Diverse, representing 30.35%, 28.81% and 17.54% of total assets, respectively.
They advise 2 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and Investment Companies (IC).
The Group uses 9 Fund Administrators, 4 Fund Auditors, 1 Prime Brokers, 13 Custodians and 31 Marketers. It does not report a third-party Fund Administrator in 3 private funds with $12.55Bn in assets.
The Group discloses advisory fees, fixed fees, management fees and performance-based fees.
FS ADVISOR GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.
They have a HIGH-WATCH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In FS ADVISOR GROUP's case, they have 31 business conditions that require high process maturity and 3 Watch Factors.