Framework Management LLC (New York)

Name: Framework Management LLC
Address: 767 Third Ave., New York, NY, 10017
Telephone: 212-446-5300

Framework Management LLC is a large advisory firm based in New York. It manages $247.97 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2002.

Framework Management provides portfolio management for individuals and small businesses and 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.

Framework Management: assets under management

The assets under management (AUM) of Framework Management LLC is $247.97 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 28% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $247.97 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $49.59 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Framework Management 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 Framework Management LLC

Joseph Meyer Kleinman has served as the Chief Investment Officer since 1 Oct 2001 and Andrew Wade Gitlin is the Chief Executive Officer of Framework Management LLC family office. Framework Investment Group Lp joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Andrew Wade Gitlin	Chief executive officer	1 Oct 2001	Other	1127979
Simon Glover	Chief market strategist	1 Oct 2001	Other	1866651
Joseph Meyer Kleinman	Chief investment officer	1 Oct 2001	Other	1541831
Framework Investment Group Llc	Member	1 Oct 2001	75% - 100%	26-0002591
Framework Investment Group Lp	Member	1 May 2002	75% - 100%	01-0685125

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Simon Glover	Limited partner	1 May 2002	25% - 50%	1866651
Joseph Meyer Kleinman	Limited partner	1 May 2002	25% - 50%	1541831
Andrew Wade Gitlin	Limited partner	1 May 2002	25% - 50%	1127979
Framework Investment Group Llc	General partner	1 May 2002	75% - 100%	26-0002591

Based in New York

The principal office where Framework Management LLC performs its advisory services is located at 767 Third Ave., New York, NY 10017, 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 212-446-5300 or by fax 212-446-5333. The normal business hours are 8:30 to 5:00 on Monday - Friday. You can find more information about the New York firm at www.frameworkinvest.com.