Clients
Franklin Park Associates serves 52 clients, 49 of them pooled investment vehicles. The average client has about $196 million with the firm.
- Pooled investment vehicles49 clients80%
- Pension and profit-sharing plans1 clients4%
- Charitable organizations1 clients5%
- State or municipal government entities1 clients11%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 49 | $8,119,052,145 | 79.5% | $165.7M |
| Pension and profit-sharing plans | 1 | $443,731,955 | 4.3% | $443.7M |
| Charitable organizations | 1 | $543,908,758 | 5.3% | $543.9M |
| State or municipal government entities | 1 | $1,105,349,312 | 10.8% | $1.11B |
| Total | 52 | $10,212,042,170 | 100% | $196.4M |
- Clients
- 49
- Regulatory AUM
- $8,119,052,145
- Share
- 79.5%
- Avg. per client
- $165.7M
- Clients
- 1
- Regulatory AUM
- $443,731,955
- Share
- 4.3%
- Avg. per client
- $443.7M
- Clients
- 1
- Regulatory AUM
- $543,908,758
- Share
- 5.3%
- Avg. per client
- $543.9M
- Clients
- 1
- Regulatory AUM
- $1,105,349,312
- Share
- 10.8%
- Avg. per client
- $1.11B
Total
- Clients
- 52
- Regulatory AUM
- $10,212,042,170
- Share
- 100%
- Avg. per client
- $196.4M
What it does
Franklin Park Associates provides portfolio management for pooled vehicles, portfolio management for institutions, pension consulting and selecting other managers. It is paid through a percentage of assets, fixed fees and performance-based fees.
Franklin Park Associates advises 49 private funds.
100.0% of assets ($10.21B across 52 accounts) are managed with discretion. 0% of clients are outside the U.S., and 9 clients received advice without assets under management last fiscal year.
What the accounts hold
- Funds100%
Custodians
Franklin Park Associates’ client accounts are held mainly at Northern Trust, with 16% of managed assets, and State Street Global Markets, with 4%. Franklin Park Associates has custody of $443.7M for 1 clients.
- Northern TrustNorthern Trust Corporation · Chicago, IL · $1.65B16%
- State Street Global MarketsState Street Global Markets, LLC · Boston, MA · $443.7M4%
- All other custodians$8.12B80%
Ownership and leadership
Bradley Atkins owns 25% to 50% of Franklin Park Associates, and Bradley Atkins is its CEO.
- Owns 25% to 50% of Franklin Park Associates, LLC
Bradley Atkins
Control person · since April 2003
- Owns 10% to 25% of Franklin Park Associates, LLC
James McGovern
Control person · since April 2003
- Owns 10% to 25% of Franklin Park Associates, LLC
Michael Bacine
Control person · since April 2003
- Owns 10% to 25% of Franklin Park Associates, LLC
Karl Hartmann
Control person · since April 2003
- Owns 5% to 10% of Franklin Park Associates, LLC
Ritujoy Chowdhury
since March 2005
Leadership
- Bradley AtkinsManaging Member/Chief Executive Officer
- Kristine O'ConnorChief Financial Officer
- Karl HartmannManaging Member/Chief Operating Officer
- Laure BraschManaging Director, Chief Compliance Officer
- Michael BacineManaging Member/Managing Director
- Ritujoy ChowdhuryMember/Managing Director
- James McGovernManaging Member/Managing Director
Staff
- 29 employees
- 29 in advisory functions
Fees
Franklin Park Associates is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees.
Franklin Park Associates’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Franklin Park Associates has 1 office, with 1 listed address in 1 state.
Pennsylvania · 1 listed address
- Three Bala Plaza, Suite 500 West, Bala CynwydHQ
Registration details
- Legal name
- Franklin Park Associates, LLC
- Headquarters
- Three Bala Plaza, Suite 500 West, Bala Cynwyd, PA 19004
- Phone
- 610-822-0500
- Website
- Not reported
- SEC file
- 801-62046
- Structure
- Pennsylvania LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Franklin Park Associates have?
Franklin Park Associates has 52 clients and manages $10.2 billion for them, as of March 2026. They include 49 pooled investment vehicles, 1 pension and profit-sharing plans and 1 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 March 2026
What services does Franklin Park Associates offer?
Franklin Park Associates provides portfolio management for pooled vehicles, portfolio management for institutions, pension consulting and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Franklin Park Associates use?
Franklin Park Associates’ separately managed account assets are held at Northern Trust Corporation (Chicago, IL), with $1,649,258,070 and State Street Global Markets, LLC (Boston, MA), with $443,731,955. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 March 2026
How many financial advisors does Franklin Park Associates have?
Franklin Park Associates has 0 investment adviser representatives registered with state securities authorities, out of 29 employees, and 29 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Franklin Park Associates invest in?
At the end of its last fiscal year, Franklin Park Associates’ separately managed accounts held 100% pooled vehicles (private funds and similar). It advises 49 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Franklin Park Associates?
Franklin Park Associates’ direct owners are Bradley Atkins, James McGovern, Michael Bacine, Karl Hartmann and Ritujoy Chowdhury, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 20 March 2026
How does Franklin Park Associates get paid?
Franklin Park Associates is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file