TOWLE & CO

RIASEC RegisteredEst. 1981

Total AUM

$474M

Discretionary

$474M

100% of AUM

Avg account

$15.3M

Accounts

Employees

Advisory reps

Firm details

Headquarters: DENVER, Colorado
CRD number: 110862
Registered since: December 10, 1981
Website: towleco.com
Custodians: PERSHING LLC
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Investment Companies35.61%
Pooled Investment Vehicles32.21%
Charitable Organizations15.45%
HNWI10.85%
State / Municipal Government4.97%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Towle & Co is a corporation registered with the SEC since 1981 that operates as a hedge-fund-style adviser and pooled-vehicle manager. The firm provides portfolio management across a range of client types, including individuals and families as well as institutional entities, and it runs pooled investment vehicles in addition to advising investment companies and businesses. Towle & Co performs commodity pool operator/commodity trading adviser (CPO/CTA) functions and also serves as sponsor or general partner on pooled vehicles it manages. Its economics are a mix of asset-based fees and performance-based compensation, reflecting a manager that runs active strategies and collects incentive fees on returns. The firm is not identified as an active ESG investor. Towle & Co uses third-party external alternative managers for some allocations but is not positioned primarily as a capital allocator.