Overview
Fifth Force Management is a multi-family office investment advisor firm that was formed in April
2021 and is a registered investment advisor under the Investment Advisers Act of 1940 (the “Act”)
since March 2023.
The principal owner of Fifth Force is Ryan Chowdhury, Managing Director.
Advisory Services
Fifth Force Management (“Fifth Force” or “Advisor”) is a family office investment advisor whose
principal service is providing fee-based investment management and financial planning services.
The Advisor practices custom management of portfolios, on a discretionary basis, according to the
client’s objectives. The Advisor’s primary approach is to use a tactical allocation strategy aimed
at reducing risk and increasing performance. The Advisor may use exchange listed securities,
over-the-counter securities, warrants, corporate debt securities, commercial paper, CDs, municipal
securities, mutual funds, United States government securities, options on securities, and interests
in partnerships investing in real estate to accomplish this objective. The Advisor measures and
selects mutual funds by using various criteria, such as the fund manager’s tenure, and/or overall
career performance. The Advisor may recommend, on occasion, redistributing investment
allocations to diversify the portfolio in an effort to reduce risk and increase performance. The
Advisor may recommend specific stocks to increase sector weighting and/or dividend potential.
The Advisor may recommend employing cash positions as a possible hedge against market
movement which may adversely affect the portfolio. The Advisor may recommend selling
positions for reasons that include, but are not limited to, harvesting capital gains or losses, business
or sector risk exposure to a specific security
or class of securities, overvaluation or overweighting
of the position(s) in the portfolio, change in risk tolerance of client, or any risk deemed
unacceptable for the client’s risk tolerance.
Financial Planning
Fifth Force may provide financial planning services to some of its clients. The Advisor’s financial
planning services may include recommendations for portfolio customization based on the client’s
investment objectives, goals and financial situation, recommendations relating to investment
strategies as well as tailored investment advice. Financial planning may also include non-
investment advice such as developing strategies to achieve retirement or other financial goals, tax
optimization strategies, cash flow and budgeting analysis and recommendations, financing and
financial education, estate planning, and asset protection strategies.
Family Office Services
In addition to the investment management and financial planning services, Fifth Force provides
other services to its family office clients for separate fees. Those services include: bookkeeping,
reporting and bill pay; and family governance, coaching and mentoring.
Fifth Force will tailor its advisory services to its client’s individual needs based on meetings and
conversations with the client. If clients wish to impose certain restrictions on investing in certain
securities or types of securities, the Advisor will address those restrictions with the client to have
a clear understanding of the client’s requirements.
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Fifth Force does not provide portfolio management services to wrap fee programs.
As of December 31, 2023, Fifth Force has $315,000,000 in discretionary, and no non-discretionary
client assets under management.