AUMdb

Slate Advisory Service (Us) Llc

SEC-registered Private Fund Manager · Mid-sized ($1B–$10B) CRD 310404 · SEC file 801-119571 · Chicago, IL · www.linkedin.com
☆ Save with Pro ADV data as of Mar 31, 2026
Regulatory AUM
$1.7B
Discretionary
$1.7B
Clients
8
Avg AUM / client
$214M
Accounts
11
Employees
80

AUM over time

$1.7B $4.3B
Sep 2, 2020 Mar 31, 2026

Reported AUM from Form ADV filings, plotted by filing date · as of Mar 31, 2026

Who they serve

Client typeClientsAUM% of AUM
Pooled investment vehicles (non-investment companies) 8 $1.7B 100.0%

Private funds (4)

Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $2.3B combined gross assets

FundTypeDomicileGross assetsOwners
Slate Canadian Real Estate Opportunity Fund Ii L.P. master Real Estate Fund Canada $949M 31
Slate Real Estate Capital L.P. master Real Estate Fund Delaware $587M 25
Slate European Real Estate Fund Iii master Real Estate Fund Luxembourg $579M 16
Slate North American Essential Real Estate Income Fund L.P. Real Estate Fund Delaware $215M 2

People (5)

NameRole / titleCredentialsWith firm sinceOwnership
Welch, Blair, Norbert Founding Partner Aug 2019 (7y) 50% – 75% of Queen's Court Holding S.A.R.L (indirect)
Welch, Brady, Scott Founding Partner Aug 2019 (7y) 50% – 75% of Queen's Court Holding S.A.R.L (indirect)
Ali, Ramsey, Tarik General Counsel Jul 2020 (6y) Less than 5%
Armstrong, Robert, Allen Joseph Chief Operating Officer Jan 2022 (5y) Less than 5%
Sullivan, Michael, Mizushima Chief Compliance Officer Jul 2023 (3y) Less than 5%

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
Slate Asset Management (Us) L.P. Managing Member Jul 2020 A 75% or more
Queen's Court Holding S.A.R.L Member Aug 2019 B 75% or more of Slate Asset Management Holdings (Us) Gp Llc (indirect)
Slate Asset Management Holdings (Us) L.P. Member Sep 2019 B ≈ 56.25% – 100% via Slate Asset Management (Us) L.P.
Slam Holdings (Us) Llc Limited Partner Aug 2019 B ≈ 28.13% – 75% via Slate Asset Management Holdings (Us) L.P.
Slate Asset Management Holdings (Us) Gp Llc General Partner Aug 2019 B GP / trustee / elected manager of Slate Asset Management Holdings (Us) L.P. (indirect)
Slate Asset Management (Us) Gp Llc General Partner Sep 2019 B GP / trustee / elected manager of Slate Asset Management (Us) L.P. (indirect)

Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.

Estimated effective ownership (look-through of filed bands):

  • Slate Asset Management Holdings (Us) L.P.: 75% – 100% of Slate Asset Management (Us) L.P. × 75% – 100% direct ≈ 56.25% – 100% of the firm
  • Slam Holdings (Us) Llc: 50% – 75% of Slate Asset Management Holdings (Us) L.P. × 75% – 100% of Slate Asset Management (Us) L.P. × 75% – 100% direct ≈ 28.13% – 75% of the firm

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.

Private funds (4, $2.3B gross assets)

FundTypeGross assetsMin. investmentOwners
Slate Canadian Real Estate Opportunity Fund Ii L.P. Real Estate Fund $949M $10.0M 31
Slate Real Estate Capital L.P. Real Estate Fund $587M $10.0M 25
Slate European Real Estate Fund Iii Real Estate Fund $579M $10.0M 16
Slate North American Essential Real Estate Income Fund L.P. Real Estate Fund $215M $50.0M 2

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/31/2026 3.01 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
  • Other fees
  • SEE SCHEDULE D - MISCELLANEOUS

Services

  • Portfolio management for pooled investment vehicles

Custody

Firm reports having 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: Mar 31, 2026.

View current Form ADV (SEC/IAPD) ↗