Timpani Capital Management LLC (Milwaukee)

Name: Timpani Capital Management LLC
Address: 10850 West Park Place, Milwaukee, WI, 53224
Telephone: 414-359-0500

Timpani Capital Management LLC is a large advisory firm based in Milwaukee. It manages $507.32 million of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Illinois and Wisconsin.

Timpani Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and model portfolio recommendations. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Timpani Capital Management: assets under management

The assets under management (AUM) of Timpani Capital Management LLC is $507.32 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 50632% since the beginning of its operation, and $131.25 million of the total AUM is attributable to clients outside of the United States.

The firm manages $507.32 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $39.02 million each.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Timpani Capital Management LLC 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.

What kind of clients Timpani Capital Management serves?

The firm provides services to investment companies, 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 Timpani Capital Management is investment companies with 3 clients and $311.17 million of assets under management. Among the 6 most similar advisory firms, Timpani Capital Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $507.32 million for 12 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 18% of the firm’s clients are foreign persons or businesses.

Timpani Capital Management doesn't advise any private funds.

Careers at Timpani Capital Management LLC

The company employs 9 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There’s a single person 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Donald Forsyth	Vice president as of 8/2015; director as of 4/2008	1 Nov 2007	Other	1285055
Frontier One Llc	Member	1 Apr 2008	25% - 50%	32-0239983
Brandon Michael Nelson	President as of 8/2015; chief investment officer; director	1 Apr 2008	Other	2962828
Patrick Casey Magner	Vice president	1 Apr 2008	Other	2075975
Growth Investment Managers Llc	Managing member as of 8/2015	1 Apr 2008	75% - 100%	g041256
Elyce Diane Dilworth	Chief compliance officer, chief financial officer	1 Apr 2008	Other	2658940
Mark Alan Ziehr	Secretary, chief financial officer as of 3/2010	1 Aug 2008	Other	3151151
Robert Alan Nanney	Chief compliance officer	1 Jul 2011	Other	5961868
Elyce Diane Dilworth	Chief compliance officer	1 Sep 2014	Other	2658940
Christopher Alan Currie	Chief compliance officer	1 Feb 2015	Other	4320938
Ryan Bruce Isherwood	Vice president; director	1 Aug 2015	Other	4622787

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
William Donald Forsyth	Member	1 Apr 2008	50% - 75%	1285055
Thomas James Holmberg	Member	1 Apr 2008	25% - 50%	1736381

Based in Milwaukee

The principal office where Timpani Capital Management LLC performs its advisory services is located at 10850 West Park Place, Milwaukee, WI 53224 The mailing address of the firm is 400 Skokie Blvd, Northbrook, IL 60062 7905. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 414-359-0500 or by fax 414-376-5576. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at timpanicapital.com/.