Figure Investment Advisors, LLC

Figure Investment Advisors, LLC, based in San Francisco, specializes in providing management services to investment companies under the Investment Company Act of 1940. Established in 2020, the firm manages approximately $135.6 million in regulatory assets under management as of December 31, 2024. FIA offers a range of strategies guided by macroeconomic viewpoints, managing investment portfolios on a discretionary basis primarily through private funds and pooled investment vehicles. The firm charges negotiable management fees for various funds, payable in advance, and may reduce or waive fees in certain situations. FIA does not receive compensation for selling securities or products to clients. The firm's investment strategies involve speculative and high-risk securities trading, including options, futures, and other derivatives. FIA's investment philosophy focuses on risk management and asset class selection. The firm has not faced any disciplinary actions and has a Code of Ethics in place to ensure ethical conduct. FIA has custody of client assets through qualified custodians and exercises investment discretion for client accounts. The firm reviews accounts quarterly and provides clients with proxy voting services. FIA's financials are prepared by KPMG and demonstrate financial stability.