Todd Asset Management LLC (Louisville)

Name: Todd Asset Management LLC
Address: 101 South 5 Th Street, Louisville, KY, 40202
Telephone: (502)-585-3121

Todd Asset Management LLC is a large advisory firm based in Louisville. It manages $3.3 billion of regulatory assets for 382 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 46 other states.

Todd Asset Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, and provide and update model portfolio to clients under agreement. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Todd Asset Management: assets under management

The assets under management (AUM) of Todd Asset Management LLC is $3.3 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.3 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.65 million each.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio. Investments in investment grade corporate bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Todd Asset Management LLC for their services and products based on a percentage of assets under management 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 Robert Philip Bordogna serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Robert Philip Bordogna is high net worth individuals with 40 clients and $190.13 million of assets under management. Among the 7 most similar advisory firms, Todd Asset Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $391.22 million for 368 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.

Todd Asset Management doesn't advise any private funds.

Careers at Todd Asset Management LLC

The company employs 20 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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 don’t receive compensation from other entities for client referrals.

Robert Philip Bordogna has been acting as President since 1 May 2009. Christopher Abbott Bennett joined the executive team most recently as the Marketing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Raymond Jenkins	Chief compliance officer, cfo, director	1 May 1998	Other	4378357
Curtiss Miller Scott	President, cio, director	1 May 2009	25% - 50%	1551202
Jennifer Jane Doss	Secretary, coo	1 May 2009	Other	4338551
John James White	Senior portfolio manager, director of research, director	1 May 2009	Other	1669539
John Cletus Holden	Senior portfolio manager, director	1 May 2009	Other	4135882
Robert Philip Bordogna	Chairman	1 May 2009	Other	2494944
Bosworth Moss Todd	Chairman emeritus	1 May 2009	Other	2458695
Casserole Llc	Member of llc	1 May 2009	Other	26-4518073
John Stephen Poole	Managing director, marketing	1 May 2009	Other	4378386
John Christian Feduchak	Director of managed account programs	1 Feb 2013	Other	2194051
Christopher Abbott Bennett	Marketing director	1 Oct 2014	Other	2782765

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Robert Paul Prugar	Sole owner	1 May 2009	75% - 100%	5664460

Based in Louisville

The principal office where Todd Asset Management LLC performs its advisory services is located at 101 South 5 Th Street, Louisville, KY 40202, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (502)-585-3121 or by fax (502)-585-4203. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at toddasset.com.