Fan Asset Management LLC (Los Altos)


Fan Asset Management LLC is a large advisory firm based in Los Altos. It manages $500 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of California.

Fan Asset Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, security ratings or pricing services, and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fan Asset Management: assets under management

The assets under management (AUM) of Fan Asset Management LLC is $500 million. The firm's AUM has gone down by -58% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fan Asset Management LLC for their services and products based on a percentage of assets under management, fixed fees, 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.

What kind of clients Fan Asset Management serves?

The only and largest group of clients of Fan Asset Management is state or municipal government entities with 1 clients and $500 million of assets under management. Among the 8 most similar advisory firms, Fan Asset Management has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $500 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Fan Asset Management doesn't advise any private funds.

Careers at Fan Asset Management LLC

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Stephen Chi Rong Fan President, cio and chief compliance officer 1 Jan 1996 75% - 100% 4364131

Based in Los Altos

The principal office where Fan Asset Management LLC performs its advisory services is located at 712 Los Ninos Way, Los Altos, CA 94022, 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 408-540-3888. 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 fanasset.com.