TOWNSEND HOLDINGS LLC

RIASEC RegisteredEst. 2012

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 a limited liability company that functions primarily as an institutional capital allocator and adviser. The firm focuses on managing pooled investment vehicles and providing portfolio management for businesses and institutions, and it routinely selects and oversees third‑party sub‑advisers. Townsend operates as a sponsor/GP and managing member of pooled vehicles, which aligns with its heavy use of private funds and its role in sourcing, structuring and monitoring alternative investments. The firm reports being an active ESG investor and offers a range of fee arrangements — percentage of AUM, hourly, fixed and performance‑based fees — reflecting flexible client mandates and negotiated structures for institutional relationships.