Tpg Advisors LLC (Northfield)


Tpg Advisors LLC is a large advisory firm based in Northfield. It manages $106.12 million of regulatory assets for 354 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Arizona, Florida, Illinois, and 3 other states.

Tpg Advisors provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Tpg Advisors: assets under management

The assets under management (AUM) of Tpg Advisors LLC is $106.12 million. The firm's AUM has grown by 6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $97.79 million in discretionary accounts and $8.33 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $281.82 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.19 million.

Investments

The firm invests in investment and business development companies the most. They account for 66% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 18% of the firm’s portfolio. Investments in exchange traded securities form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tpg Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Tpg Advisors serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Tpg Advisors is high net worth individuals with 36 clients and $65.23 million of assets under management. Among the 9 most similar advisory firms, Tpg Advisors has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $106.12 million for 188 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Tpg Advisors doesn't advise any private funds.

Careers at Tpg Advisors LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Shelley Nmn Phillips Managing member and chief compliance officer 1 Sep 2009 75% - 100% 5719228
Larry Michael Phillips Managing member and chief compliance officer 1 Nov 2009 75% - 100% 362671
Nj Brown & Associates Member 1 Jun 2018 25% - 50% 36-2850086
Barron Wealth Management Member 1 Jun 2018 25% - 50% 47-3735681
Llc Shuman Financial Consulting Member 1 Jun 2018 25% - 50% 27-0421071
Michael David Brown Chief compliance officer 1 Aug 2018 Other 2903488

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Michael David Brown Principal 1 Jun 2018 75% - 100% 2903488
Paul Samuel Shuman Principal 1 Jun 2018 75% - 100% 4793240
Dani Gerald Barron Principal 1 Jun 2018 75% - 100% 5274828

Based in Northfield

The principal office where Tpg Advisors LLC performs its advisory services is located at 465 Central Ave, Northfield, IL 60093, which is also the mailing address of the firm. An additional office of the firm is in Basking Ridge, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 847-441-9400 or by fax 847-881-0800. The normal business hours are 9;00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at tpgadvisors.com.