Townsend & Associates, operating as Townsend, offers financial planning and asset management services. Financial planning helps clients set long-term goals through investments, tax planning, and retirement planning. Asset management involves continuous supervision of client accounts, making trades when necessary. Townsend primarily advises on mutual funds, stocks, bonds, and ETFs. Services are tailored to individual client needs, with clients able to impose restrictions on their accounts.
Assets Under Management$1.5B
Clients1,514
Advisors15
Avg. per Client$1M
Avg. per Advisor$100M
Fee Structure
Minimum Investment:$500K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.25% |
| $1.0M - $3.0M | 1.15% |
| $3.0M - $5.0M | 1.00% |
| $5.0M - $10.0M | 0.89% |
| $10.0M - $20.0M | 0.80% |
| $20.0M - $40.0M | 0.73% |
| $40.0M - $80.0M | 0.68% |
| $80M+ | 0.68% |
Fees are negotiable and may be determined by the extent and nature of the asset management services to be performed.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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