FITHIAN LLC

RIASEC RegisteredEst. 2017

Total AUM

$136M

Discretionary

$135M

99% of AUM

Avg account

$1.8M

Accounts

Employees

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 287509
Registered since: August 28, 2017
Website: www.fithianllc.com
Custodians: CHARLES SCHWAB & CO., INC., THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION, THE BANK OF NEW YORK MELLON
Fee structure: Percentage of AUM, Performance Based Fees
Client types: HNWI49.22%
Pension & Profit Sharing Plans45.35%
Corporations / Businesses5.43%
Services: Portfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Fithian LLC is a small, privately owned advisory firm that emphasizes active management of listed equities for individual, family and institutional clients. Registered with the SEC in 2017 and owned by an individual, the firm runs a fee model that combines a percentage of assets under management with the potential for performance-based fees on select mandates. Advisory services center on discretionary portfolio management for individuals, small businesses and institutions, with discretionary mandates making up the vast majority of client assets. Investment posture is equity-first: the firm favors exchange-traded securities and implements separate account strategies where managers can concentrate positions. The combination of performance fees and concentrated equity allocations suggests Fithian takes a results-driven, high-conviction approach for clients who permit active positioning rather than a passive, benchmark-tracking model.