DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Franklin Bsp Capital Adviser LLC
Latest filing Mar 27, 2026
First filing on the tape Feb 24, 2020 · 14 filings
SEC status approved since Oct 13, 2020
RAUM
$4.2B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$4.2B as of Mar 27, 2026
Mar 30, 2021$136M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 30, 20210 then
Employees (5.A)2 as of Mar 27, 2026
Mar 30, 20210 then
Private funds: no history
RAUM +1.9% over the last fiscal year+86% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $4.2BderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +1.9%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for investment companiesreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 1reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=true bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Jan Richard Byrne · Presidentcontrolsince 01/2020 · owns less than 5%
- James Thomas Gahan · Chairman, Chief Investment Officercontrolsince 01/2020 · owns less than 5%
- Nicholas Enrico Gallo · Chief Compliance Officercontrolsince 04/2024 · owns less than 5%
- Joseph David Manlowe · Chief Executive Officer, Chief Operating Officer, Secretary And Treasurercontrolsince 01/2020 · owns less than 5%
- Roger Bryan Martoken · Chief Financial Officercontrolsince 01/2020 · owns less than 5%
Entity owners
- Benefit Street Partners L.L.C. · Memberdirect · owns 75% or more
- Benefit Street Partners, LLC · Sole Memberindirect · owns 75% or more of Fb Plutus Adviser Holdings L.L.C.
- Franklin Resources, Inc. · Sole Memberindirect · owns 75% or more of Benefit Street Partners L.L.C. · public reporting company
- Fb Plutus Adviser Holdings L.L.C. · Memberdirect · owns 5% to 10%
Related persons
Schedule D 7.A
- Benefit Street Partners Limitedinvestment adviserbanknRAUM $23B
- Bsp Ny LLCinvestment adviserbanknRAUM $14B
- Benefit Street Partners L.L.C.investment adviserbankyRAUM $28B
- Bsp Clo Management LLCinvestment advisernRAUM $12B
Advisers that list Franklin Bsp Capital Adviser LLC as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Discretionary RAUM · $4.2B to $4.2BMar 26, 2025 to Mar 27, 2026
- RAUM · $4.2B to $4.2BMar 26, 2025 to Mar 27, 2026
- Financial planning clients · unset to Nov 25, 2024 to Mar 26, 2025
- Discretionary RAUM · $453M to $4.2BNov 25, 2024 to Mar 26, 2025
- RAUM · $453M to $4.2BNov 25, 2024 to Mar 26, 2025
- Advisory employees · 0 to 2Jul 11, 2024 to Sep 4, 2024
- Employees · 0 to 2Jul 11, 2024 to Sep 4, 2024
- Discretionary RAUM · $664M to $453MMar 29, 2023 to Mar 26, 2024
- RAUM · $664M to $453MMar 29, 2023 to Mar 26, 2024
- Discretionary RAUM · $601M to $664MMar 31, 2022 to Mar 29, 2023
- RAUM · $601M to $664MMar 31, 2022 to Mar 29, 2023
- Discretionary RAUM · $543M to $601MApr 28, 2021 to Mar 31, 2022
- RAUM · $543M to $601MApr 28, 2021 to Mar 31, 2022
- Discretionary RAUM · $136M to $543MMar 30, 2021 to Apr 28, 2021
- RAUM · $136M to $543MMar 30, 2021 to Apr 28, 2021
- Discretionary RAUM · $136M to $136MFeb 5, 2021 to Mar 30, 2021
- RAUM · $136M to $136MFeb 5, 2021 to Mar 30, 2021
- Accounts · unset to 1.0Sep 11, 2020 to Feb 5, 2021
- Charity clients · unset to 0.0Sep 11, 2020 to Feb 5, 2021
- Corporate clients · unset to 0.0Sep 11, 2020 to Feb 5, 2021
- HNW clients · unset to 0.0Sep 11, 2020 to Feb 5, 2021
- Individual clients · unset to 0.0Sep 11, 2020 to Feb 5, 2021
- Pension plan clients · unset to 0.0Sep 11, 2020 to Feb 5, 2021
- Pooled vehicle clients · unset to 0.0Sep 11, 2020 to Feb 5, 2021
- Discretionary RAUM · unset to 135961500.0Sep 11, 2020 to Feb 5, 2021
- Non-discretionary RAUM · unset to 0.0Sep 11, 2020 to Feb 5, 2021
- RAUM · unset to 135961500.0Sep 11, 2020 to Feb 5, 2021
- Accounts · 0.0 to unsetFeb 24, 2020 to Sep 11, 2020
- Discretionary RAUM · 0.0 to unsetFeb 24, 2020 to Sep 11, 2020
- Non-discretionary RAUM · 0.0 to unsetFeb 24, 2020 to Sep 11, 2020
- RAUM · 0.0 to unsetFeb 24, 2020 to Sep 11, 2020
Signals
9 dated events
- Franklin Bsp Capital Adviser Llc reported RAUM $4.2B, up 820% from $453.0M (2024-11-25 to 2025-03-26)Mar 26, 2025 · RAUM change · derived
- Nicholas Enrico Gallo (Chief Compliance Officer) appeared on Schedule A of Franklin Bsp Capital Adviser LlcJul 11, 2024 · Control person joined · fact
- Howe Alexander Mcmillan (Chief Compliance Officer) no longer on Schedule A of Franklin Bsp Capital Adviser Llc (listed 2024-04-05, absent 2024-07-11)Jul 11, 2024 · Control person left · inference
- James Thomas Gahan (Chairman, Chief Investment Officer) appeared on Schedule A of Franklin Bsp Capital Adviser LlcApr 5, 2024 · Control person joined · fact
- Franklin Bsp Capital Adviser Llc reported RAUM $453.0M, down 32% from $663.7M (2023-03-29 to 2024-03-26)Mar 26, 2024 · RAUM change · derived
- Lloyd Allen Thomas (Managing Partner) no longer on Schedule A of Franklin Bsp Capital Adviser Llc (listed 2023-03-29, absent 2024-03-26)Mar 26, 2024 · Control person left · inference
- Franklin Bsp Capital Adviser Llc reported RAUM $543.0M, up 299% from $136.0M (2021-03-30 to 2021-04-28)Apr 28, 2021 · RAUM change · derived
- Lloyd Allen Thomas (Managing Partner) appeared on Schedule A of Franklin Bsp Capital Adviser LlcApr 28, 2021 · Control person joined · fact
- Franklin Bsp Capital Adviser Llc filed its initial SEC registration (Form ADV)Feb 24, 2020 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Website
- fbccbdc.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 2125886770reportedpublic record, Form ADV, Mar 27, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026