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FS SPECIALTY LENDING ADVISOR, LLC
CRD 293054File 801-112812
APPROVED
Filing as of Jun 10, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$1.93B
Top 25% of cohort (national)
Discretionary AUM
$1.93B
Clients
1
1 accounts
Employees
177
Above cohort median in PA
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- PLRO
- Registration date
- Apr 2, 2018
- Principal office
- 3025 JFK BOULEVARD, OFC 500, PHILADELPHIA, PA, 19104
- Phone
- 215-220-6651
- Website
- https://fscreit.com
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $1.93B
- Discretionary AUM
- $1.93B
- Non-discretionary AUM
- $0
- Discretionary accounts
- 1
- Non-discretionary accounts
- 0
- Total accounts
- 1
- AUM per client
- $1.93B
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Investment companies | 1 | $1.93B |
Compensation & activities
ADV Items 5E, 5GCompensation
- Performance-based fees
- A percentage of assets under your management
Advisory activities
- Portfolio management for investment companies
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- No
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Employees | 145 | 177 | increased by32 |
| Apr 1, 2026 | AUM | $2,271,975,141 | $1,934,205,000 | decreased by$337,770,141 |
| Dec 1, 2025 vs May 1, 2025 | Employees | 164 | 145 | decreased by19 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 136 | 164 | increased by28 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $2,796,282,596 | $2,271,975,141 | decreased by$524,307,455 |
| Apr 1, 2022 | Employees | 127 | 136 | increased by9 |
| Apr 1, 2022 | AUM | $2,358,641,347 | $2,796,282,596 | increased by$437,641,249 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “FS SPECIALTY” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“FS SPECIALTY” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.