Timucuan Asset Management Inc is a large advisory firm based in Jacksonville. It manages $1.66 billion of regulatory assets for 474 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut, Florida, Indiana, and 8 other states.
Timucuan Asset Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Timucuan Asset Management Inc is $1.66 billion. The firm's AUM has grown by 352% since the beginning of its operation, and $1.58 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Timucuan Asset Management Inc for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Russell Brown Newton is high net worth individuals with 379 clients and $1.26 billion of assets under management. Among the 9 most similar advisory firms, Timucuan Asset Management has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.66 billion for 474 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.
Timucuan Asset Management also advises several private funds. Namely, one hedge fund and two private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.
The company employs 9 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. 7 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Russell Brown Newton has been acting as President since 1 Mar 2011. Dennis Dee Blyly joined the executive team most recently as the Vice President.
The principal office where Timucuan Asset Management Inc performs its advisory services is located at 200 West Forsyth Street, Jacksonville, FL 32202, which is also the mailing address of the firm. An additional office of the firm is in Sarasota, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 904-356-1739 or by fax 904-358-2344. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at timucuan.com.