Fundrise Advisors, LLC (Washington)

Name: Fundrise Advisors, LLC
Address: 1601 Connecticut Avenue Nw, Washington, DC, 20009
Telephone: 202-584-0550

Fundrise Advisors, LLC is a large advisory firm based in Washington. It manages $508.5 million of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Fundrise Advisors provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fundrise Advisors: assets under management

The assets under management (AUM) of Fundrise Advisors, LLC is $508.5 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 8537% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $508.5 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $46.23 million each.

Fundrise Advisors has custody of $508.5 million in cash and securities for 11 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Fundrise Advisors, LLC 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 Fundrise Advisors serves?

The only and largest group of clients of Fundrise Advisors is pooled investment vehicles with 11 clients and $508.5 million of assets under management. Among the 8 most similar advisory firms, Fundrise Advisors has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $508.5 million for 11 clients. None of the firm’s clients are foreign persons or businesses.

Fundrise Advisors also advises several private funds. Namely, eleven real estate funds. The minimum investment commitment required of non-related persons ranges from $1,000 to $25,000.

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Renren Lianhe Holdings	Shareholder	1 Apr 2014	25% - 50%	00000000

Based in Washington

The principal office where Fundrise Advisors, LLC performs its advisory services is located at 1601 Connecticut Avenue Nw, Washington, DC 20009, 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 202-584-0550 or by fax 888-972-8711. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at fundrise.com.