FRANCO FINANCIAL ADVISORS, INC.
Adviser information for FRANCO FINANCIAL ADVISORS, INC. last updated from Form ADV on February 2nd, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | New York, United States |
Employees
| Total Number of Employees | 3 |
|---|---|
| Investment Advisory/Research | 1 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 1 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 95 | $54.4M |
| Non-Discretionary | 0 | $0 |
| Total | 95 | $54.4M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 8 | $2.0M |
| HNW Individuals | 25 | $52.4M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 3 |
| No. of Financial Planning Clients | 11-25 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUMHourly charges |
Identifiers
| SEC RIA File Number | 801-125726 |
|---|---|
| SEC ERA File Number | 801-125726 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 137587 |
| Legal Entity Identifier | None |
Principal Office
41 MADISON AVENUE31ST FLOOR
NEW YORK
NY
United States
Monday - Friday, 9:30 AM TO 6:30 PM
Tel: 212-877-1576, Fax: 646-650-2902
Chief Compliance Officer
CARLOS DUTAN
41 MADISON AVENUE
31ST FLOOR
NEW YORK
NY
United States
Tel:
212-877-1576
Fax:
646-650-2902
C*****@***********M
(Full email address available in API data)
Industry Affiliates
| FRANCO & SON, INC. | Insurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| FRANCO FINANCIAL GROUP, INC. | Domestic Entity | – | OWNER | 09/2005 | > 75% |
| FRANCO, EDMOND, DAVID | Individual | FRANCO FINANCIAL GROUP, INC. | PRESIDENT | 07/1992 | > 75% |
| FRANCO, EDMOND, DAVID | Individual | – | PRESIDENT | 09/2005 | < 5% |
| DUTAN, CARLOS | Individual | – | CHIEF COMPLIANCE OFFICER | 06/2022 | < 5% |