Framework Management LLC (New York)


Framework Management LLC is a large advisory firm based in New York. It manages $247.97 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2002.

Framework Management provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Framework Management: assets under management

The assets under management (AUM) of Framework Management LLC is $247.97 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 28% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $247.97 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $49.59 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Framework Management LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Framework Management LLC

Joseph Meyer Kleinman has served as the Chief Investment Officer since 1 Oct 2001 and Andrew Wade Gitlin is the Chief Executive Officer of Framework Management LLC family office. Framework Investment Group Lp joined the executive team most recently as the Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Andrew Wade Gitlin Chief executive officer 1 Oct 2001 Other 1127979
Simon Glover Chief market strategist 1 Oct 2001 Other 1866651
Joseph Meyer Kleinman Chief investment officer 1 Oct 2001 Other 1541831
Framework Investment Group Llc Member 1 Oct 2001 75% - 100% 26-0002591
Framework Investment Group Lp Member 1 May 2002 75% - 100% 01-0685125

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Simon Glover Limited partner 1 May 2002 25% - 50% 1866651
Joseph Meyer Kleinman Limited partner 1 May 2002 25% - 50% 1541831
Andrew Wade Gitlin Limited partner 1 May 2002 25% - 50% 1127979
Framework Investment Group Llc General partner 1 May 2002 75% - 100% 26-0002591

Based in New York

The principal office where Framework Management LLC performs its advisory services is located at 767 Third Ave., New York, NY 10017, 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 212-446-5300 or by fax 212-446-5333. The normal business hours are 8:30 to 5:00 on Monday - Friday. You can find more information about the New York firm at www.frameworkinvest.com.