Federal Way Asset Management LP is a large advisory firm based in Seattle. It manages $5.2 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Illinois and Washington.
Federal Way Asset Management provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and per mandate (e.g. administrative services, tax support services, etc.). 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 Federal Way Asset Management LP is $5.2 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 19% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Federal Way Asset Management LP for their services and products based on a percentage of assets under management. 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.
Salim Abdul Hirji Shariff has served as the Chief Investment Officer since 1 Mar 2012. Bukoba Ltd. joined the executive team most recently as the Limited Partner.
The principal office where Federal Way Asset Management LP performs its advisory services is located at Fourth And Madison, 925 Fourth Avenue, Seattle, WA 98104, which is also the mailing address of the firm. An additional office of the firm is in Federal Way, WA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 206-788-8800 or by fax 206-788-8801. The normal business hours are 8:00 to 5:00 on Monday - Friday. You can find more information about the New York firm at fwamlp.com.