Timco Asset Management, Inc. (Stamford)

Name: Timco Asset Management, Inc.
Address: 100 First Stamford Place, Stamford, CT, 06902
Telephone: 203-961-4900

Timco Asset Management, Inc. is a large advisory firm based in Stamford. It manages $2.93 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Massachusetts.

Timco Asset Management provides portfolio management for investment companies and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Timco Asset Management: assets under management

The assets under management (AUM) of Timco Asset Management, Inc. is $2.93 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -44% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.93 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $366.22 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Timco Asset Management, Inc. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Timco Asset Management, Inc.

Gloria Groppo Williams has been acting as President since 1 Nov 2004. Thomas Linkas has served as the Chief Investment Officer since 1 Feb 2006 and William Lawrence Elcock is the Chief Executive Officer of Timco Asset Management, Inc. family office. Francis Xavier Tracy joined the executive team most recently as the President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Joseph Day	Treasurer	1 Jan 1995	Other	2344142
Michael Fred Rosenbaum	Secretary	1 Jun 1996	Other	3183252
Citigroup Global Markets Holdings Inc.	Shareholder	1 Nov 1997	75% - 100%	22-1660266
Daniel Bradford Willey	President, ceo and director	1 Sep 2004	Other	871998
Daniel Joseph Bukowski	Chairman of the board and director	1 Oct 2004	Other	2176724
Andrew Thomas Beagley	Chief compliance officer	1 Oct 2004	Other	4606683
Gloria Groppo Williams	Director	1 Nov 2004	Other	2712949
Barbara Brooke Manning	Chief compliance officer	1 Feb 2005	Other	3198494
Timothy Charles Scheve	Director	1 Feb 2005	Other	1319072
Mark Raymond Fetting	Director	1 Feb 2005	Other	733409
Brian Scott Posner	Director	1 Feb 2005	Other	1236037
George S Shively	Secretary	1 Jun 2005	Other	5114029
Inc. Legg Mason	Sole member	1 Dec 2005	75% - 100%	52-1200960
Francis Xavier Tracy	President	1 Feb 2006	Other	4392838
William Lawrence Elcock	Chief executive officer	1 Feb 2006	Other	4552271
Thomas Linkas	Chief investment officer	1 Feb 2006	Other	1159330
Daniel Joseph Kelly	Director, marketing and sales	1 Feb 2006	Other	4552406
Peter Lanning Bain	Director	1 Feb 2006	Other	4221890

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Citigroup Inc.	Shareholder	1 Nov 1998	75% - 100%	52-1568099

Based in Stamford

The principal office where Timco Asset Management, Inc. performs its advisory services is located at 100 First Stamford Place, Stamford, CT 06902, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 203-961-4900 or by fax 203-961-4911. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at www.citigroupam.com.