Townsend Holdings LLC

RIASEC Registered

Total AUM

$19.6B

Discretionary

$15.7B

80% of AUM

Avg account

$293M

Accounts

Employees

110

Advisory reps

Firm details

Headquarters: Cleveland, Ohio
CRD number: 160006
Registered since: January 10, 2012
Website: www.townsendgroup.com
Custodians: THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION, THE BANK OF NEW YORK MELLON, J.P. MORGAN SECURITIES INC., THE HUNTINGTON INVESTMENT COMPANY
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Performance Based Fees, Other
Client types: Pension & Profit Sharing Plans72.03%
Pooled Investment Vehicles16.67%
State / Municipal Government10.27%
Other Investment Advisers1.03%
Services: Portfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Townsend Holdings LLC is an institutional registered investment adviser set up as an LLC and SEC-registered in 2012. The firm functions primarily as a capital allocator for institutional clients, managing and advising pooled investment vehicles, providing portfolio management for businesses and other institutions, and performing manager selection. Fee arrangements include percentage-of-AUM, hourly, fixed, performance-based and other structures. Townsend identifies as an active ESG investor and also operates in sponsor/GP and commodity pool/CTA capacities in addition to its adviser activities.