The Townsend Group, Inc (Cleveland)

Name: The Townsend Group, Inc
Address: 1660 W 2 Nd St., Ste 450, Cleveland, OH, 44113 1454
Telephone: (216) 781-9090

The Townsend Group, Inc is a large advisory firm based in Cleveland. It manages $2.5 billion of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Colorado, and Ohio.

The Townsend Group provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and market timing services. 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 Townsend Group: assets under management

The assets under management (AUM) of The Townsend Group, Inc is $2.5 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -86% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.5 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $147 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Townsend Group, Inc for their services and products based on a percentage of assets under management, hourly charges, 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.

Careers at The Townsend Group, Inc

Terrance Richard Ahern has been acting as President since 1 Jul 1986. Martin Joseph Rosenberg joined the executive team most recently as the Chief Compliance Officer And General Counsel.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kevin Lynch	Treasurer	1 Jul 1986	25% - 50%	1859278
Terrance Richard Ahern	President	1 Jul 1986	50% - 75%	1363961
Kevin William Lynch	Treasurer	1 Jul 1986	25% - 50%	1859278
Francis Leo Blaschka	Secretary	1 Jan 1997	Other	4344205
Micolyn Magee Yalonis	Principal	1 Apr 1998	Other	4344211
Eileen Mary Byrne	Principal	1 Jan 1999	Other	4344216
Laurie Laidlaw Roulston	Chief operating officer	1 Feb 2000	Other	4344219
Jay Everett Long	Principal	1 Jan 2002	Other	4642375
Jay Everett Long	Principal	1 Feb 2002	Other	4642375
Stephen Joseph Burns	Principal	1 Jan 2003	Other	4642393
Linda Mary Assante	Principal	1 Nov 2003	Other	2631959
Richard Wolff Brown	Principal	1 Jan 2004	Other	4775617
Jeannine Balsamo	Principal	1 Apr 2004	Other	4785607
Rob Michael Kochis	Principal	1 Jul 2004	Other	4927851
John Thomas Ahern	Chief financial officer	1 May 2005	Other	5094328
Martin Joseph Rosenberg	Chief compliance officer and general counsel	1 Jul 2005	Other	5049046

Based in Cleveland

The principal office where The Townsend Group, Inc performs its advisory services is located at 1660 W 2 Nd St., Ste 450, Cleveland, OH 44113 1454, which is also the mailing address of the firm. An additional office of the firm is in Denver, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (216) 781-9090 or by fax (216) 781-1407. The normal business hours are 8:30 a.m. to 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at www.townsendgroup.com.