Franklin Street Advisors, Inc.
- Regulatory AUM
- $4.5B
- Discretionary
- $4.5B
- Clients
- 413
- Avg AUM / client
- $11.0M
- Accounts
- 1,652
- Employees
- 40
AUM over time
Annual snapshots from Form ADV filings · as of May 22, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 62 | $53.0M | 1.17% |
| High net worth individuals | 317 | $3.6B | 79.5% |
| Pooled investment vehicles (non-investment companies) | 5 | $154M | 3.41% |
| Charitable organizations | 11 | $93.6M | 2.07% |
| State or municipal government entities | 2 | $60.1M | 1.33% |
| Corporations and other businesses | 16 | $568M | 12.5% |
Private funds (5)
Reported in Form ADV Section 7.B.(1), filing of Apr 2024 · $151M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Franklin Street Partners Manager Of Managers Llc2 Series Ofix | Other Private Fund | Delaware | $58.6M | 23 |
| Franklin Street Partners Manager Of Managers Llc2 Series Ge | Other Private Fund | Delaware | $40.9M | 10 |
| Franklin Street Partners Manager Of Managers Llc1 Series Ge | Other Private Fund | Delaware | $21.5M | 12 |
| Franklin Street Partners Manager Of Managers Llc1 Series Ofix | Other Private Fund | Delaware | $17.8M | 16 |
| Franklin Street Partners Manager Of Managers Llc1 Series Fix | Other Private Fund | Delaware | $11.9M | 10 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Murphy Family Ventures, Llc 401(k) Plan Murphy Family Ventures, Llc | Wallace, NC | 2024 |
| Eastern Aviation Fuels, Inc. 401(k) Profit Sharing Plan And Trust Eastern Aviation Fuels, Inc. | 2024 | |
| Guggenheim Services Retirement Savings Plan Guggenheim Services, Llc | 2024 | |
| Radiology Partners, Inc. 401(k) Profit Sharing Plan Radiology Partners Inc | 2024 |
People (24)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Manzon, Carol, Elizabeth | Managing Director Of Support Services, Director | Nov 2018 (8y) | Less than 5% | |
| Newell, William, Robert | President, Director | Nov 2018 (8y) | Less than 5% | |
| Reynolds, Jonathan, William | Director | Nov 2018 (8y) | Less than 5% | |
| Kreiser, Jr., Merlin, Charles | Managing Director Of Trust Administration, Family Office And Operations | Dec 2020 (6y) | Less than 5% | |
| Fite, Wilson, Lee | Director | May 2021 (5y) | Less than 5% | |
| Cynthia Rose Stroik | Chief Compliance Officer | Nov 2021 (5y) | Less than 5% | |
| Dornheggen, Todd, Robert | Vice President And Treasurer, Director | Nov 2021 (5y) | Less than 5% | |
| Reilly, Mary, Ellen | Director | Nov 2021 (5y) | Less than 5% | |
| Frischer, Lori, Michelle | Senior Vice President, Director | Aug 2022 (4y) | Less than 5% | |
| Richard Peters Blankenship | Registered representative | CFA | Sep 2004 (22y) | |
| Roger Carlan Eubanks | Registered representative | Oct 2006 (20y) | ||
| Joseph Bernard Fox | Registered representative | CFP CFA | Jul 2007 (19y) | |
| Milton S Brown | Registered representative | CFP | Jun 2009 (17y) | |
| Charles Olin Mahaffey | Registered representative | Nov 2010 (16y) | ||
| Craig Alan Sullivan | Registered representative | CFA | Aug 2012 (14y) | |
| Christy Lynn Phillips Strigel | Registered representative | Aug 2013 (13y) | ||
| Johns Norwood Ellington | Registered representative | CFA | Sep 2015 (11y) | |
| Dennis Cleveland Greenway | Registered representative | CFA | Sep 2015 (11y) | |
| Matthew Kent Inman | Registered representative | CFP | Jan 2016 (11y) | |
| Joshua Coy Turner | Registered representative | Jan 2016 (11y) | ||
| Todd David Young | Registered representative | Oct 2017 (9y) | ||
| Colin James Bates | Registered representative | Oct 2018 (8y) | ||
| Andrew Edwin James | Registered representative | Jan 2020 (7y) | ||
| Paul T Bode | Registered representative | Feb 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Fifth Third Acquisition Holdings, Llc (Dba Fifth Third Bank, National Association) | Shareholder | Nov 2018 | A | 75% or more |
| Walnut & Vine Holdings, Llc (Dba Fifth Third Bank, National Association) | Shareholder | Nov 2018 | B | ≈ 56.25% – 100% via Fifth Third Acquisition Holdings, Llc (Dba Fifth Third Bank, National Association) |
| Fifth Third Bank, National Association | Shareholder | Nov 2018 | B | ≈ 42.19% – 100% via Walnut & Vine Holdings, Llc (Dba Fifth Third Bank, National Association) |
| Fifth Third Financial Corporation | Shareholder | Nov 2018 | B | ≈ 31.64% – 100% via Fifth Third Bank, National Association |
| Fifth Third Bancorp | Shareholder | Nov 2018 | B | ≈ 23.73% – 100% via Fifth Third Financial Corporation |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Walnut & Vine Holdings, Llc (Dba Fifth Third Bank, National Association): 75% – 100% of Fifth Third Acquisition Holdings, Llc (Dba Fifth Third Bank, National Association) × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Fifth Third Bank, National Association: 75% – 100% of Walnut & Vine Holdings, Llc (Dba Fifth Third Bank, National Association) × 75% – 100% of Fifth Third Acquisition Holdings, Llc (Dba Fifth Third Bank, National Association) × 75% – 100% direct ≈ 42.19% – 100% of the firm
- Fifth Third Financial Corporation: 75% – 100% of Fifth Third Bank, National Association × 75% – 100% of Walnut & Vine Holdings, Llc (Dba Fifth Third Bank, National Association) × 75% – 100% of Fifth Third Acquisition Holdings, Llc (Dba Fifth Third Bank, National Association) × 75% – 100% direct ≈ 31.64% – 100% of the firm
- Fifth Third Bancorp: 75% – 100% of Fifth Third Financial Corporation × 75% – 100% of Fifth Third Bank, National Association × 75% – 100% of Walnut & Vine Holdings, Llc (Dba Fifth Third Bank, National Association) × 75% – 100% of Fifth Third Acquisition Holdings, Llc (Dba Fifth Third Bank, National Association) × 75% – 100% direct ≈ 23.73% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (5, $151M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Franklin Street Partners Manager Of Managers Llc2 Series Ofix | Other Private Fund | $58.6M | $10.0K | 23 |
| Franklin Street Partners Manager Of Managers Llc2 Series Ge | Other Private Fund | $40.9M | $10.0K | 10 |
| Franklin Street Partners Manager Of Managers Llc1 Series Ge | Other Private Fund | $21.5M | $10.0K | 12 |
| Franklin Street Partners Manager Of Managers Llc1 Series Ofix | Other Private Fund | $17.8M | $10.0K | 16 |
| Franklin Street Partners Manager Of Managers Llc1 Series Fix | Other Private Fund | $11.9M | $10.0K | 10 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (4)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Murphy Family Ventures, Llc 401(k) Plan | Murphy Family Ventures, Llc | 867 | $32.5M | 01/01/2024 |
| Eastern Aviation Fuels, Inc. 401(k) Profit Sharing Plan And Trust | Eastern Aviation Fuels, Inc. | 148 | $12.2M | 01/01/2024 |
| Guggenheim Services Retirement Savings Plan | Guggenheim Services, Llc | 2,085 | $704M | 01/01/2024 |
| Radiology Partners, Inc. 401(k) Profit Sharing Plan | Radiology Partners Inc | 4,389 | $412M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/22/2026 | 2.38 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: THE CFPB HAS REVIEWED THE MARKETING AND ADMINISTRATION OF THE DEBT PROTECTION CREDIT CARD "ADD-ON" PRODUCT OF FIFTH THIRD BANK AND HAS IDENTIFIED VIOLATIONS OF SECTIONS 1031 AND 1036 OF THE CONSUMER FINANCIAL PROTECTION ACT OF 2010 (CFPA), 12 U.S.C. §§ SS31, SS36. UNDER SECTIONS 1053 AND 1056 OF THE CFPA, 12 U.S.C. §§ 5563, 5565. Status: Final Sanction Detail: FIFTH THIRD BANK TO PAY A CIVIL MONEY PENALTY OF FIVE HUNDRED THOUSAND DOLLARS TO THE CFPB. CIVIL MONEY PENALTY WAS PAID ON 10/06/2015. Summary: SEE ABOVE.
Allegations: THE CFPB CONDUCTED A JOINT INVESTIGATION WITH THE CIVIL RIGHTS DIVISION OF THE DOJ OF THE INDIRECT AUTO LENDING ACTIVITIES OF FIFTH THIRD BANK AND FIFTH THIRD BANK'S COMPLIANCE WITH THE EQUAL CREDIT OPPORTUNITY ACT (ECOA), 15 U.S.C. §§ 16911691F, AND ITS IMPLEMENTING REGULATION, REGULATION B, 12 C.F.R. PT. 1002. THE CFPB HAS IDENTIFIED THE FOLLOWING VIOLATIONS: FIFTH THIRD BANK VIOLATED THE ECOA AND REGULATION B BY PERMITTING DEALERS TO CHARGE HIGHER INTEREST RATES TO CONSUMER AUTO LOAN BORROWERS ON THE BASIS OF RACE AND NATIONAL ORIGIN. THE DOJ HAS ALLEGED THE SAME VIOLATIONS IN A CIVIL ACTION FILED IN THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF OHIO STYLED UNITED STATES OF AMERICA V. FIFTH THIRD BANK, FILED ON OR ABOUT SEPTEMBER 28, 2015. THE CFPB HEREBY ISSUES, PURSUANT TO SECTIONS 1053 AND 1055 OF THE CONSUMER FINANCIAL PROTECTION ACT OF 2010 (CFPA), 12 U.S.C. §§ 5563, 5565, THIS CONSENT ORDER IN COORDINATION WITH THE DOJ. Status: Final Sanction Detail: FIFTH THIRD BANK IS REQUIRED TO PAY $18 MILLION (EIGHTEEN MILLION DOLLARS) IN REDRESS TO AFFECTED CONSUMERS WHO WERE OVERCHARGED. FIFTH THIRD BANK SHALL RECEIVE A CREDIT OF NO LESS THAN $5 MILLION (FIVE MILLION DOLLARS) AND NO MORE THAN $6 MILLION (SIX MILLION DOLLARS) FOR REMEDIATION IT HAS ALREADY PROVIDED TO AFFECTED CONSUMERS. FIFTH THIRD BANK HAS DEPOSITED $12 MILLION (TWELVE MILLION DOLLARS) IN AN ESCROW ACCOUNT FOR THE PURPOSE OF PROVIDING REDRESS TO AFFECTED CONSUMERS WHO WERE OVERCHARGED. Summary: SEE ABOVE.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Other fees
- • SECURITY RECOMMENDATIONS
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
- • Other services
Custody
Reported custodians
- SEI Private Trust $2.1B (46% of AUM) May 2026
- Fidelity Brokerage Services $1.6B (36% of AUM) May 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 22, 2026.
View current Form ADV (SEC/IAPD) ↗