Wealth manager, bank-affiliated · Chapel Hill, NC
Franklin Street Advisors Inc.
Franklin Street Advisors, Inc. · SEC-registered investment adviser · CRD 106275 · SEC 801-39635
At a glance
Franklin Street Advisors Inc. is an SEC-registered investment adviser based in Chapel Hill, North Carolina, with $4.5 billion in regulatory assets under management as of its Form ADV filed May 22, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 379 individual clients. By Form ADV it is a wealth manager (bank-affiliated), ranked 370th of 8,915 wealth managers and 2,244th of 17,210 SEC-registered advisers by assets.
Main office 919-489-2600franklin-street.comAs filed on Form ADV
- Regulatory AUM
- $4.5B
- Rank among wealth managers
- #370 of 8,915
- Rank among all SEC RIAs
- #2,244 of 17,210
- Rank in North Carolina
- #25 of 288
- Individual clients
- 379
- High-net-worth clients
- 317
- Accounts
- 1,652
- Discretionary
- 100% of AUM
- Employees
- 40
- Advisory staff
- 18
- Offices
- 1
Owners and executives on its Form ADV
- Carol E. ManzonManaging Director, Trust and Family Office
- William R. NewellPresident, Director
- Jonathan W. ReynoldsDirector
- Wilson L. FiteDirector
- Cynthia R. StroikChief Compliance Officer
- Todd R. DornheggenDirector
- Lori M. FrischerDirector
- Paul T BodeManaging Director Business Development, Director
- Jason T. GuthrieManaging Director Operations, IT and Client Services
- Sarai L. GreenDirector
Custody and brokerage
Broker-dealer
Affiliated broker-dealer
It names affiliated broker-dealers: Comerica Securities,inc. and Fifth Third Securities, Inc..
- Comerica Securities,inc. ↗CRD 17079
- Fifth Third Securities, Inc. ↗CRD 628
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 317 | $3.6B | 79% |
| Corporations or other businesses | 16 | $568M | 13% |
| Pooled investment vehicles | 5 | $154M | 3% |
| Charitable organizations | 11 | $94M | 2% |
| State or municipal government entities | 2 | $60M | 1% |
| Individuals | 62 | $53M | 1% |
Private funds
Franklin Street Advisors Inc. reports 5 private funds with $154M in gross assets: other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Franklin Street Advisors Inc. answers yes to 6 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Selecting other advisers
- Other services
How it’s paid
- A percentage of assets under management
- Fixed fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗franklin-street.com ↗
AtlasMembers
The full record on Franklin Street Advisors Inc.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 898 peers of its type and size
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- Owners and executives, with titles and stakes
- 10 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Franklin Street Advisors Inc. manage?
Franklin Street Advisors Inc. reports $4.5 billion in regulatory assets under management across 1,652 accounts, 100% of it on a discretionary basis, on its Form ADV filed May 22, 2026.
What kind of firm is Franklin Street Advisors Inc.?
Franklin Street Advisors Inc. is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals. It reports a bank or thrift among its related persons. A public reporting company controls it.
Who are Franklin Street Advisors Inc.’s clients?
By assets, its largest client types are high-net-worth individuals ($3.6 billion, 317 clients); corporations or other businesses ($568 million, 16 clients); pooled investment vehicles ($154 million, 5 clients).
Does Franklin Street Advisors Inc. manage private funds?
Yes. It reports 5 private funds with $154 million in gross assets, including other private funds.
Does Franklin Street Advisors Inc. have any disciplinary history?
Franklin Street Advisors Inc. answers yes to 6 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Franklin Street Advisors Inc.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-05-22), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →