# FPA REAL ESTATE ADVISERS GROUP, LLC

FPA REAL ESTATE ADVISERS GROUP, LLC of IRVINE, CA is an SEC-registered investment adviser.

## Registration

- CRD: 288195
- Type: SEC-registered investment adviser
- SEC file number: 801-110433
- Location: 2082 MICHELSON DRIVE, 4TH FLOOR, IRVINE, CA, 92612
- Phone: 949-399-2500
- Latest filing: 2026-03-31
- Regulatory AUM: $8.0B
- Discretionary AUM: $8.0B
- Clients: 110
- Accounts: 33

## Business model

- Compensation: Performance, Other
- Clients served: Investment cos

## Officers, owners & control persons (15)

| Name | Role | Location |
| --- | --- | --- |
| [Michael Bruce Earl](https://search.stillhousedata.com/person/93046) | ELECTED MANAGER/CHAIRMAN | Irvine, CA |
| [Gregory Arthur Fowler](https://search.stillhousedata.com/person/534732) | ELECTED MANAGER; TRUSTEE | Newport Beach, CA |
| [Michelle Cowden Sanders](https://search.stillhousedata.com/person/692922) | CO-CHIEF FINANCIAL OFFICER (CFO); CONTROLLER | — |
| [Joseph Anthony Clark](https://search.stillhousedata.com/person/692923) | CHIEF FINANCIAL OFFICER (CFO); CO-CHIEF FINANCIAL OFFICER (CFO) | — |
| [Julia Tolstunova](https://search.stillhousedata.com/person/692924) | CHIEF COMPLIANCE OFFICER | — |
| [Samuel Eisenman](https://search.stillhousedata.com/person/692925) | PRESIDENT | — |
| [JOHNSON LYNDA ANN](https://search.stillhousedata.com/person/744685) | CHIEF COMPLIANCE OFFICER (CCO) | — |
| [CLARK JOSEPH ANTHONY](https://search.stillhousedata.com/person/798740) | CHIEF FINANCIAL OFFICER (CFO) | — |
| [FOWLER GREGORY A](https://search.stillhousedata.com/person/798741) | TRUSTEE | — |
| [EARL MICHAEL B](https://search.stillhousedata.com/person/798742) | CHIEF EXECUTIVE OFFICER (CEO) | — |
| [FOWLER GREGORY ARTHUR](https://search.stillhousedata.com/person/841519) | ELECTED MANAGER; TRUSTEE | — |
| [SANDERS MICHELLE COWDEN](https://search.stillhousedata.com/person/841520) | CHIEF COMPLIANCE OFFICER (CCO); CONTROLLER | — |
| [EARL MICHAEL BRUCE](https://search.stillhousedata.com/person/841521) | ELECTED MANAGER/CHAIRMAN; ELECTED MANAGER/CHIEF EXECUTIVE OFFICER (CEO) | — |
| [SANDERS MICHELLE](https://search.stillhousedata.com/person/846238) | CHIEF COMPLIANCE OFFICER (CCO) | — |
| [Malone Kathleen Kuzmen](https://search.stillhousedata.com/person/878350) | CHIEF COMPLIANCE OFFICER | — |


## Disclosures (4)

| Initiated | Type | Allegations | Status | Amount |
| --- | --- | --- | --- | --- |
| 2024-08-19 | regulatory | THE SEC ALLEGED THAT FPA REAG FAILED TO HAVE AUDITS PERFORMED OF CERTAIN FUNDS AND TIMELY DISTRIBUTE THE AUDITS TO INVESTORS IN VIOLATION OF THE CUSTODY RULE AND TO IMPLEMENT POLICIES AND PROCEDURES DESIGNED TO PREVENT SUCH VIOLATIONS. FURTHER, THE SEC ALLEGED THAT FPA REAG DID NOT IMPLEMENT EXISTIN… | Final | $300K |


## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/288195/brochure
- Similar advisers: https://search.stillhousedata.com/firm/288195/similar
- Related entities: https://search.stillhousedata.com/firm/288195/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/288195

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Source: public SEC Form ADV data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.