Forest Investment Associates L.P. is a large advisory firm based in Atlanta. It manages $4.83 billion of regulatory assets for 25 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Georgia.
Forest Investment Associates provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and manages investment advisory accounts containing timberland and agricultural assets. 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 Forest Investment Associates L.P. is $4.83 billion. The firm's AUM has grown by 303% since the beginning of its operation, and $249.95 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Forest Investment Associates L.P. for their services and products based on a percentage of assets under management and performance-based fees. 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 insurance companies, high net worth individuals, pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Leo Michael Kelly is state or municipal government entities with 9 clients and $2.12 billion of assets under management. Among the 10 most similar advisory firms, Forest Investment Associates has the highest percentage of state or municipal government entities out of all clients.
The amount of regulatory assets under management is $4.8 billion for 24 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 8% of the firm’s clients are foreign persons or businesses.
Forest Investment Associates also advises several private funds. Namely, five real estate funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $5,000,000.
The company employs 38 people that are either part- or full-time employees. 32 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.
Leo Michael Kelly has been acting as President since 1 Feb 2008. Marc A. Walley joined the executive team most recently as the President.
The principal office where Forest Investment Associates L.P. performs its advisory services is located at 15 Piedmont Center, Atlanta, GA 30305 1509, 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 404-261-9575 or by fax 404-261-9574. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at forestinvest.com.