Forward Management, LLC is a large advisory firm based in San Francisco. It manages $964.59 million of regulatory assets for 198 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Forward Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.
The assets under management (AUM) of Forward Management, LLC is $964.59 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -32% since the beginning of its operation, and $814.61 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Forward Management, 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.
The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of William Prezant is investment companies with 4 clients and $850.02 million of assets under management. Among the 10 most similar advisory firms, Forward Management has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $964.59 million for 197 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Forward Management doesn't advise any private funds.
The company employs 87 people that are either part- or full-time employees. 10 percent of the employees work as investment advisers or researchers. 35 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.
William Prezant has been acting as President since 1 Sep 2005. James Hugh Odonnell has served as the Chief Investment Officer since 1 Jul 2006. William Kane Enszer joined the executive team most recently as the Managing Director, Portfolio Management.
The principal office where Forward Management, LLC performs its advisory services is located at 345 California Street, San Francisco, CA 94104, which is also the mailing address of the firm. An additional office of the firm is in Houston, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 415-869-6300 or by fax 415-982-2566. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at forwardmgmt.com.