Fs Credit Income Advisor, Llc
- Regulatory AUM
- $726M
- Discretionary
- $726M
- Clients
- 1
- Avg AUM / client
- $726M
- Accounts
- 1
- Employees
- 183
AUM over time
Annual snapshots from Form ADV filings · as of Jun 10, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Investment companies | 1 | $726M | 100.0% |
People (8)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Adelman, David, Jason | Principal | May 2007 (19y) | 50% – 75% of Franklin Square Holdings G.P., Llc (indirect) | |
| Forman, Michael, Craig | Chairman And Ceo | May 2007 (19y) | 50% – 75% of Franklin Square Holdings G.P., Llc (indirect) | |
| Heller, Michael, Jay | Trustee | Jan 2012 (15y) | GP / trustee / elected manager of The 2011 Forman Investment Trust (indirect) | |
| Detwiler, Elizabeth, Camilla | Managing Director/Cco | Aug 2017 (9y) | Less than 5% | |
| Browne, Philip | Chief Financial Officer | Sep 2017 (9y) | Less than 5% | |
| Sypherd, Stephen | General Counsel | Sep 2017 (9y) | Less than 5% | |
| Bryant, Marc, Robert | Chief Legal Officer | May 2019 (7y) | Less than 5% | |
| Nelb, Stephen, Thomas | Derivatives Risk Manager | Jan 2022 (5y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Fsjv Holdco, Llc | Member | Mar 2018 | A | 75% or more |
| Fsh Advisor Fee Holdings, Llc | Member | Jun 2023 | A | 10% – 25% |
| Franklin Square Holdings, Lp | Member | Jun 2023 | B | 75% or more of Fsh Advisor Fee Holdings Llc (indirect) |
| Fsh Holdco, Llc | Member | Jun 2023 | B | 75% or more of Fsh Holdco Sub, Llc (indirect) |
| Fsh Nci Aggregator, Llc | Member | Jun 2023 | B | 25% – 50% of Franklin Square Holdings, Lp (indirect) |
| The 2011 Forman Investment Trust | Member | Jun 2023 | B | 25% – 50% of Fsh Nci Aggregator, Llc (indirect) |
| Fb Capital Partners, L.P. | Member | Jun 2023 | B | 25% – 50% of Fsh Nci Aggregator, Llc (indirect) |
| Franklin Square Holdings, G.P., Llc | General Partner | May 2007 | B | GP / trustee / elected manager of Franklin Square Holdings, Lp (indirect) |
| Fb Capital Management, Llc | General Partner | Jan 2013 | B | GP / trustee / elected manager of Fb Capital Partners, L.P. (indirect) |
| Fsh Advisor Fee Holdings Llc | Member | Jun 2023 | B | GP / trustee / elected manager of Fsjv Holdco, Llc (indirect) |
| Fsh Holdco Sub, Llc | Member | Jun 2023 | B | GP / trustee / elected manager of Fsjv Holdco, Llc (indirect) |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
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.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/10/2026 | 1.71 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for investment companies
Custody
Firm reports it does not have custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 10, 2026.
View current Form ADV (SEC/IAPD) ↗