JT
CFA
Firm Information
Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
3 advisors
Number of Clients
442 clients
Average Client Portfolio
$1.0M average
Assets Under Management
$445.6M
Fee Structure
Minimum Investment:None
Financial Planning:Included in AUM fee
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $3.0M | 0.90% |
| $3.0M - $4.0M | 0.80% |
| $4.0M - $5.0M | 0.70% |
| $5.0M - $6.0M | 0.60% |
| $6.0M - $7.0M | 0.50% |
| $7.0M - $10.0M | 0.40% |
| $10.0M - $15.0M | 0.35% |
| $15.0M - $20.0M | 0.30% |
| $20M+ | 0.30% |
Fees over $20 million are quoted.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
Hourly Rate:$250 - $500/hr
Investment management fees range from 0.25% to 1.35% annually, decreasing as assets under management increase. Fees for consulting, tax preparation, and financial planning are determined hourly ($250-$500), as a flat fee, or as a retainer. Wealth management fees are individually quoted. There is no stated minimum account size, but a minimum fee may be required.
Areas of Practice
Investment ManagementRetirement PlanningTax PlanningEstate PlanningFinancial Planning & CoachingHigh Net Worth
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Advisor Information
Office location
3110 Edwards Mill Road, Ste 150, Raleigh, NC, 27612
Get directionsRegulatory History
Clean regulatory record
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Employment History
Current Registrations
Townsend Asset Management CORP.
November 2018 - Present · 7 yrs 2 mos
State Registrations1 state
NC
Advisor
Exams
No exam information available for this advisor.