Aspiration Fund Adviser, LLC (Marina Del Rey)

Name: Aspiration Fund Adviser, LLC
Address: 4551 Glencoe Ave, Marina Del Rey, CA, 90292
Telephone: 424-228-8800

Aspiration Fund Adviser, LLC is an investment adviser to an investment company based in Marina Del Rey. It manages $82.88 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California and Massachusetts.

Aspiration Fund Adviser provides portfolio management for investment companies and banking 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.

Aspiration Fund Adviser: assets under management

The assets under management (AUM) of Aspiration Fund Adviser, LLC is $82.88 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 3725% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $82.88 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $41.44 million each.

What kind of clients Aspiration Fund Adviser serves?

The only and largest group of clients of Aspiration Fund Adviser is investment companies with 2 clients and $82.88 million of assets under management. Among the 5 most similar advisory firms, Aspiration Fund Adviser has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $82.88 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Aspiration Fund Adviser doesn't advise any private funds.

Careers at Aspiration Fund Adviser, LLC

The company employs 21 people that are either part- or full-time employees. 5 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 71 people 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
Aspiration Partners Llc	Sole member	1 Oct 2013	75% - 100%	46-3310742
Alexandra Rachel Hyman	Chief compliance officer	1 Oct 2013	Other	5749304
Inc. Aspiration Partners	Sole member	1 Oct 2013	75% - 100%	46-3310742
Alexandra Rachel Horigan	Chief compliance officer	1 Oct 2013	Other	5749304
Mazi [Nmn] Bahadori	Chief compliance officer	1 Sep 2016	Other	5749453
Gabriel Kristien Kleiner	Chief compliance officer	1 Jun 2018	Other	6444978
Gabriel Kristien Kleiner	Senior compliance officer	1 Mar 2019	Other	6444978
Stacey Jean Gillespie	Chief compliance officer	1 Aug 2019	Other	3137874

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Pt Aspiration Trust Llc	Sole trustee	1 Sep 2013	Other	36-4770125
Andrei Hugo Cherny	Managing member	1 Oct 2013	25% - 50%	6292239
Pt Aspiration Partners Trust	Member	1 Oct 2013	25% - 50%	36-6556582
Andrei Cherny	Managing member	1 Oct 2013	25% - 50%	6292239
Llc Pt Aspiration Partners	Sole trustee	1 Jan 2014	75% - 100%	36-477-0125
Joseph Neal Sanberg	Sole member	1 Jan 2014	75% - 100%	6251981
Holmes Lorraine Meagan	Member	1 May 2014	25% - 50%	6338945

Based in Marina Del Rey

The principal office where Aspiration Fund Adviser, LLC performs its advisory services is located at 4551 Glencoe Ave, Marina Del Rey, CA 90292, 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 424-228-8800. The normal business hours are 8:00 am to 5:00 pm m-f, 11:00 am-1:00 pm sat/sun on Other. You can find more information about the New York firm at aspiration.com.