Franklin Alternative Strategies Advisers, LLC (Boston)


Franklin Alternative Strategies Advisers, LLC is a large advisory firm based in Boston. It manages $120.89 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California and Massachusetts.

Franklin Alternative Strategies Advisers provides portfolio management for investment companies, 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.

Franklin Alternative Strategies Advisers: assets under management

The assets under management (AUM) of Franklin Alternative Strategies Advisers, LLC is $120.89 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -62% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $120.89 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $40.3 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Franklin Alternative Strategies Advisers, LLC 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.

Careers at Franklin Alternative Strategies Advisers, LLC

Bjorn Anthony Davis joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Stephen Paul Burke Executive vice president 1 Aug 2005 Other 1226114
John Clifton Pickart Executive vice president and chief financial officer 1 Aug 2005 Other 1287834
Llc Franklin Templeton Institutional Shareholder 1 Nov 2010 75% - 100% 117384
John Clifton Pickart Executive vice president and chief financial officer 1 Jan 2014 Other 1287834
William Young Yun Chief executive officer 1 Jan 2014 Other 1412123
Norman Rickard Frisbie Executive vice president 1 Jan 2014 Other 2115692
Mark Lecho Constant Treasurer 1 Jan 2014 Other 2164003
Selena Lee Holmes Chief compliance officer 1 Jul 2014 Other 2346213
Bjorn Anthony Davis Chief compliance officer 1 Apr 2016 Other 4104631

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Inc. Franklin Resources Parent corporation of ftillc: 100% 1 Oct 2001 75% - 100% 13-2670991

Based in Boston

The principal office where Franklin Alternative Strategies Advisers, LLC performs its advisory services is located at One International Place, Boston, MA 02110, which is also the mailing address of the firm. An additional office of the firm is in San Mateo, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-307-5870 or by fax 617-204-1199. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at franklintempleton.com/.