# FS STRUCTURED PRODUCTS ADVISOR, LLC

FS STRUCTURED PRODUCTS ADVISOR, LLC of PHILADELPHIA, PA is an SEC-registered investment adviser.

## Registration

- CRD: 301285
- Type: SEC-registered investment adviser
- SEC file number: 801-117899
- Location: 3025 JFK BOULEVARD, OFC 500, PHILADELPHIA, PA, 19104
- Phone: 215-220-6651
- Latest filing: 2026-03-27
- Regulatory AUM: $2.2B
- Discretionary AUM: $2.2B
- Clients: 183
- Accounts: 6

## Business model

- Compensation: % of AUM, Performance
- Clients served: Investment cos

## Officers, owners & control persons (20)

| Name | Role | Location |
| --- | --- | --- |
| [David Jason Adelman](https://search.stillhousedata.com/person/317675) | MEMBER; PRINCIPAL | NEW YORK, NY |
| [Bryant Robert](https://search.stillhousedata.com/person/428638) | CHIEF LEGAL OFFICER | Greenwich, CT |
| [Michael Craig Forman](https://search.stillhousedata.com/person/661179) | CHIEF EXECUTIVE OFFICER; LIMITED PARTNER; MANAGING MEMBER (+1 more) | — |
| [Michael Jay Heller](https://search.stillhousedata.com/person/661180) | TRUSTEE | — |
| [Elizabeth Camilla Detwiler](https://search.stillhousedata.com/person/661181) | CHIEF COMPLIANCE OFFICER/MANAGING DIRECTOR | — |
| [Stephen Scott Sypherd](https://search.stillhousedata.com/person/661182) | GENERAL COUNSEL | — |
| [Marc Robert Bryant](https://search.stillhousedata.com/person/661183) | CHIEF LEGAL OFFICER | — |
| [Thomas Robert Trala](https://search.stillhousedata.com/person/661184) | TRUSTEE | — |
| [Andrew D Beckman](https://search.stillhousedata.com/person/664413) | MANAGING DIRECTOR, PORTFOLIO MANAGER | — |
| [William David Mann](https://search.stillhousedata.com/person/678664) | SENIOR VICE PRESIDENT-DCCO | — |
| [Philip Maximilian Browne](https://search.stillhousedata.com/person/680210) | CHIEF FINANCIAL OFFICER | — |
| [MANN ROBERT DAVID](https://search.stillhousedata.com/person/741588) | DCCO | — |
| [FORMAN MICHAEL CRAIG](https://search.stillhousedata.com/person/764664) | CHIEF EXECUTIVE OFFICER; LIMITED PARTNER; MANAGING MEMBER (+2 more) | — |
| [HELLER MICHAEL JAY](https://search.stillhousedata.com/person/816408) | TRUSTEE; TRUSTEE, THE 2011 FORMAN INVESTMENT TRUST | — |
| [ADELMAN DAVID JASON](https://search.stillhousedata.com/person/835616) | MANAGING MEMBER OF THE GENERAL PARTNER; MEMBER; PRINCIPAL | — |
| [DETWILER ELIZABETH CAMILLA](https://search.stillhousedata.com/person/835617) | CHIEF COMPLIANCE OFFICER; CHIEF COMPLIANCE OFFICER/MANAGING DIRECTOR | — |
| [Browne Philip](https://search.stillhousedata.com/person/848419) | CHIEF FINANCIAL OFFICER | — |
| [sypherd stephen](https://search.stillhousedata.com/person/848420) | CHIEF LEGAL OFFICER; GENERAL COUNSEL | — |
| [BECKMAN ANDREW D](https://search.stillhousedata.com/person/854524) | MANAGING DIRECTOR, PORTFOLIO MANAGER | — |
| [Joseph David Mcgeehin](https://search.stillhousedata.com/person/973815) | CHIEF FINANCIAL OFFICER | — |


## Private funds (6)

| Fund | Type | Formed | Owners | GAV | Min investment |
| --- | --- | --- | --- | --- | --- |
| BRIDGE STREET CLO VI LTD | Securitized Asset Fund | Cayman Islands | 2 | $413.4M | $250K |
| BRIDGE STREET CLO V LTD | Securitized Asset Fund | Cayman Islands | 2 | $403.3M | $250K |
| BRIDGE STREET CLO IV LTD | Securitized Asset Fund | Cayman Islands | 2 | $349.1M | $250K |
| BRIDGE STREET CLO II LTD | Securitized Asset Fund | Cayman Islands | 2 | $347.0M | $250K |
| BRIDGE STREET CLO III LTD | Securitized Asset Fund | Cayman Islands | 4 | $346.2M | $250K |
| BRIDGE STREET CLO I LTD | Securitized Asset Fund | Cayman Islands | 2 | $344.9M | $250K |


## Branch offices (2)

| City | State | Employees | Phone |
| --- | --- | --- | --- |
| NEW YORK | NY | 30 | 9173385082 |
| NEW YORK | NY | 30 | 9173385082 |


## Fund service providers (3)

- administrator: BRIDGESTREAM LIMITED (FUND ADMINISTRATOR) — 6 funds
- administrator: VIRTUS GROUP, LP (COLLATERAL ADMINISTRATOR) — 4 funds
- administrator: US BANK, N.A. (COLLATERAL ADMINISTRATOR) — 2 funds

## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/301285/brochure
- Similar advisers: https://search.stillhousedata.com/firm/301285/similar
- Related entities: https://search.stillhousedata.com/firm/301285/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/301285

---

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.
