Trustage Investment Management

RIASEC RegisteredEst. 1983
Total AUM
$39.5B
Discretionary
$36.6B
93% of AUM
Avg account
$113M
Accounts
349
Employees
62
Advisory reps
31

Firm details

Headquarters
Madison, Wisconsin
CRD number
105960
Registered since
January 4, 1983
Custodians
FINANCIAL SERVICES
Fee structure
Percentage of AUM, Fixed Fees, Other
Client types
  • Insurance Companies75.76%
  • Pension & Profit Sharing Plans16.41%
  • Corporations / Businesses7.83%
Services
Portfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Trustage Investment Management is a corporation operating as an institutional RIA that has been SEC-registered since 1983. The firm primarily serves institutional clients and functions as a capital allocator, offering both discretionary portfolio management and advisory services for business and institutional accounts. Its reported advisory capabilities include pension-related consulting and the selection of third‑party advisers. Fee arrangements include asset‑based fees, fixed fees and other structures. The firm does not identify as an active ESG investor and is involved in industry roles beyond pure advisory work, including relationships with broker‑dealers and insurance companies and serving as a sponsor/GP/managing member of pooled investment vehicles.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Investment Grade Corp Bonds 41%, Other 28%, Private Funds 23%, State & Local Bonds 4%, US Government Bonds 1%, Sovereign Bonds 1%, Non-Investment Grade Corp Bonds 1%, Cash & Cash Equivalents 1%41%
  • Investment Grade Corp Bonds41%
  • Other28%
  • Private Funds23%
  • State & Local Bonds4%
  • US Government Bonds1%

Owners & executives

2 of 2
  • Brian Borakove

    Brian Borakove

    Chief Financial OfficerCRD 6147438

  • Melissa Haberstich

    Melissa Haberstich

    Chief Compliance OfficerCRD 4190838

Contacts

3 of 29
  • Brian Buhrow

    Brian Buhrow

    Senior Retirement Relationship ManagerCRD 4777160

  • Darrell Pacheco

    Registered RepresentativeCRD 6081988

  • Barth Thomas

    Managing Director and SecretaryCRD 2849100

Unlock 26 more contacts

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 7

Active vs passive

$116M in ETFs

Passive

39%

$45.8M

Active

61%

$70.7M

ETFProviderStyleCategoryValueShares% of portfolio
JPMORGAN ULTRA-SHORT INCOME ETF (JPST)JP MorganActiveUltrashort Bond$45.5M900,00039.09%

Location

Primary office

Madison, WI

Dane

Location

Madison, WI

Headquartered in Madison, WI, anchoring the Madison-Janesville-Beloit, WI metro in the Midwest.

Metro area
Madison-Janesville-Beloit, WI
Region
Midwest
County
Dane
Address
5910 Mineral Point Rd
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth