Gfo Advisory Services, LLC
Assets Under Management
$290.6M
Number of Clients
10
Number of Advisors
N/A
Average Client AUM
$29.1M
AUM per Advisor
N/A
Compensation
Fee-Only (AUM)
About This Firm
GFO Advisory Services (GFOAS) manages a group of privately pooled investment vehicles (Private Funds), primarily investing in other pooled investment funds managed by third-party managers. GFOAS is the general partner/managing member and/or investment adviser to these funds. The MMP Funds are currently open to new investment. GFOAS is owned by GenSpring Holdings, Inc., a wholly-owned affiliate of Truist Bank.
Fee Structure
GFOAS charges a management fee for Class B and Class C interests in the MMP Funds. The annualized rate for Class B Interests is 0.50%, and for Class C Interests is 0.25%, with Class C also having a performance-based fee. Investors in Closed Funds and MMP Funds who are also clients of Truist Bank may be assessed an account level investment management fee of up to 1.25%, while clients of Truist Advisory Services, Inc. may be assessed up to 2.25%. Account level fees are negotiable. The MMP Funds typically impose a minimum investment threshold of $250,000, but this may be waived.
Areas of Practice
Location
4 Greenwich Office Park, 1st Floor, Greenwich, CT, 06831-5115