Fdo Partners LLC is a large advisory firm based in Cambridge. It manages $3.08 billion of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Massachusetts.
Fdo Partners provides 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.
The assets under management (AUM) of Fdo Partners LLC is $3.08 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 3800% since the beginning of its operation, and $1.03 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Fdo Partners 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.
The firm provides services to pooled investment vehicles, banking or thrift institutions, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Fdo Partners is state or municipal government entities with 2 clients and $2.05 billion of assets under management. Among the 7 most similar advisory firms, Fdo Partners has the highest percentage of state or municipal government entities out of all clients.
The amount of regulatory assets under management is $3.08 billion for 9 clients. 60% of the firm’s clients are foreign persons or businesses.
Fdo Partners also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.
The company employs 16 people that are either part- or full-time employees. 56 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.
The principal office where Fdo Partners LLC performs its advisory services is located at 134 Mount Auburn Street, Cambridge, MA 02138, 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 617-503-4600 or by fax 617-503-4602. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at fdopartners.com.