Fil Investment Advisors (Pembroke)

Fil Investment Advisors is a large advisory firm based in Pembroke. It manages $6.87 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2008.

Fil Investment Advisors provides portfolio management for investment companies 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.

Fil Investment Advisors: assets under management

The assets under management (AUM) of Fil Investment Advisors is $6.87 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -68% since the beginning of its operation, and $358.91 million of the total AUM is attributable to clients outside of the United States.

The firm manages $6.87 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.37 billion each.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is other assets, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Fil Investment Advisors for their services and products based on a percentage of assets under management. 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 Andrew David Wells serves?

The only and largest group of clients of Andrew David Wells is investment companies with 2 clients and $2.48 billion of assets under management. Among the 8 most similar advisory firms, Fil Investment Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $2.48 billion for 2 clients. 20% of the firm’s clients are foreign persons or businesses.

Fil Investment Advisors doesn't advise any private funds.

Careers at Fil Investment Advisors

The company employs 5 people that are either part- or full-time employees. 40 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.

Andrew David Wells has been acting as President since 1 Aug 2005. Matthew Alan Heath joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Fil Limited	Sole shareholder	1 Apr 1984	75% - 100%	foreign
David John Saul	Director	1 Nov 1989	Other	4388850
Brett Peter Goodin	Managing director, director and chief executive officer	1 Aug 1997	Other	4386432
Frank Mutch	Director	1 Oct 1998	Other	4388838
Michael Charles Gordon	Director, president	1 Dec 2002	Other	4703944
Robert James Stewart	Director	1 Nov 2004	Other	4875740
Andrew David Wells	Director	1 Aug 2005	Other	5159798
Allan Kerim Callberg Pelvang	Director and vice president	1 Jan 2006	Other	5106990
David James Holland	Chief operations officer	1 Feb 2006	Other	4593153
Kathryn Ann Matthews	Director & chief investment officer	1 Apr 2008	Other	4383585
Lori Blackwood	Chief compliance officer	1 May 2008	Other	5536860
John Ford	Director & chief investment officer	1 May 2009	Other	4386240
Matthew Alan Heath	Director	1 Nov 2010	Other	4388857
Christopher John Rimmer	Director	1 Jun 2011	Other	4770358
Lori Blackwood	Director	1 Nov 2011	Other	5536860
Allan Kerim Callberg Pelvang	Director	1 Oct 2012	Other	5106990
Neal Turchiaro	Director	1 Mar 2013	Other	6188710
Andrew Alexander Knights	Director	1 Jan 2016	Other	6709234
Rohit Mangla	Chief compliance officer	1 Jul 2017	Other	6853089
Timothy Gerard Orchard	Director	1 Sep 2017	Other	5065993
Matthew Alan Heath	Director	1 Dec 2017	Other	4388857

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
L.P. Pandanus Partners	Shareholder (class b common stock)	1 Sep 1990	25% - 50%	75-2347466
Inc. Pandanus Associates	General partner	1 Sep 1990	Other	75-2349783
Edward C. Johnson 3d Trust No. 2	Limited partner	1 Sep 1990	25% - 50%	04-6454764
Brown Brothers Harriman Trust Co. Of Texas	Trustee	1 Sep 1990	Other	13-4973745

Based in Pembroke

The principal office where Fil Investment Advisors performs its advisory services is located at Pembroke Hall, Pembroke, Hm19, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 441-295-0665 or by fax 441-292-5282. The normal business hours are 08:30-5:00 on Monday - Friday.