TBH Global Asset Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, education planning, estate planning, and insurance. Financial planning was provided to 1–10 clients last fiscal year.
TBH Global Asset Management reports 1,054 clients. They include 571 individual clients, 431 high-net-worth individuals, and 52 corporations and other businesses. Of its assets, 96.6% ($1.43B across 3,716 accounts) are managed with discretion; $49.6M across 19 accounts are not. It advised 25 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 54% | 8% |
| High-net-worth individuals | 41% | 90% |
| Corporations and other businesses | 5% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 571 | $112M | 7.6% | $196K |
| High-net-worth individuals | 431 | $1.33B | 89.9% | $3.09M |
| Corporations and other businesses | 52 | $37M | 2.5% | $712K |
| Total | 1,054 | $1.48B | 100% | $1.41M |
- Clients
- 571
- Regulatory AUM
- $112M
- AUM share
- 7.6%
- Avg. per client
- $196K
- Clients
- 431
- Regulatory AUM
- $1.33B
- AUM share
- 89.9%
- Avg. per client
- $3.09M
- Clients
- 52
- Regulatory AUM
- $37M
- AUM share
- 2.5%
- Avg. per client
- $712K
Total
- Clients
- 1,054
- Regulatory AUM
- $1.48B
- AUM share
- 100%
- Avg. per client
- $1.41M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 25
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
TBH Global Asset Management charges 0.90%–1.50% for its Investment management services. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices 3 other services, listed under fee details.
| Asset band | Rate (period not stated) |
|---|---|
| $0–$250K | 1.50% |
| $250K–$1M | 1.40% |
| $1M–$3M | 1.30% |
| $3M–$5M | 1.20% |
| $5M–$10M | 1.00% |
| $10M and above | 0.90% |
Fee details and sources
Other fees
- Consulting services
- Hourly fees, negotiated with the client and agreed in writing before the work begins.
- Financial planning
- Billed as a fixed fee, an hourly fee, or a percent of gross income with a maximum of 1%; all fees are negotiable.
- Retirement plan services
- Annual asset-based fees negotiated separately with each plan client, or a flat dollar fee.
Nitor Holdings, LLC owns 25% to 50% of TBH Global Asset Management and is in turn owned by David Merrell (75% or more). The leadership team of TBH Global Asset Management includes Chief Compliance Officer Jones Warf. It has 22 employees.
Leadership
- Jones WarfChief Compliance Officer
Investment adviser representatives
13 representatives listed in the SEC register as of 9 October 2026.
- Travis Scott Anderson
- William Lyttleton Butler
- Joshua Brown Davis
- Samuel W Davis
- Chevonne Wrenn Farler
- Andrew Michael Hillis
- Jeffrey Lynn Littrell
- David Stuart Merrell
- Phillip M Reynolds
- David J Singer
- Brett Michael Walters
- Jones Nicholas Warf
- Katherine Elizabeth Yoho
Staff
- 22 employees
- 14 state-registered reps
- 2 broker-dealer reps
- 3 insurance agents
- Owns 25% to 50% of TBH Global Asset Management, LLC
Nitor Holdings, LLC
Control person · since October 2022
- Owns 75% or more of Nitor Holdings, LLC
David Merrell
Control person · since October 2022
- Owns 25% to 50% of TBH Global Asset Management, LLC
TBH Reynolds LLC
Control person · since February 2023
- Owns 75% or more of TBH Reynolds LLC
Phillip Reynolds
Control person · since November 2022
- Owns 25% to 50% of TBH Global Asset Management, LLC
Post Oak, LLC
Control person · since February 2022
- Owns 75% or more of Post Oak, LLC
Samuel Davis
Control person · since November 2022
- Owns 25% to 50% of TBH Global Asset Management, LLC
TBH Franklin, LLC
Control person · since February 2022
- Owns 75% or more of TBH Franklin, LLC
Travis Anderson
Control person · since November 2022
TBH Global Asset Management’s regulatory assets grew 1.9× from $781M (April 2021) to $1.48B (March 2026); clients rose from 683 to 1,054 and employees from 11 to 22.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $1.48B | 1,054 | 22 | 6 |
| March 2025 | $1.27B | 1,010 | 20 | 5 |
| March 2024 | $1.11B | 1,013 | 21 | 2 |
| March 2023 | $951M | 1,050 | 17 | 2 |
| March 2022 | $889M | 833 | 12 | 2 |
| April 2021 | $781M | 683 | 11 | 2 |
Besides its headquarters, TBH Global Asset Management has 5 offices (4 private residences, listed without an address), with 2 listed addresses in Tennessee.
Tennessee · 2 listed addresses
- 6 Cadillac DR., Suite 300, BrentwoodHQ
- 125 3rd Avenue North, Franklin
Other business names
TBH Global Asset Management has reported 4 other business names to the SEC.
- TBH Advisors
- TBH Franklin
- TBH Invest
- TBH Sports
Contact and registration details
- Legal name
- TBH Global Asset Management, LLC
- Headquarters
- 6 Cadillac DR., Suite 300, Brentwood, TN 37027
- Website
- tbhadvisors.com
- Phone
- 615-690-4820
- SEC file
- 801-68624
- Founded
- 2007
- Structure
- Delaware LLC
- Fiscal year end
- December
TBH Global Asset Management uses Fidelity ($1.27B) as custodian for its separately managed accounts. TBH Global Asset Management has custody of $1.31B in client assets for 784 clients.
- FidelityNational Financial Services LLC · Boston, MA · $1.27B100%
At year end, TBH Global Asset Management’s separately managed accounts were mostly in funds (60%) and stocks (24%). Its reported 13F holdings for the quarter ended 30 June 2026 total $546M across 263 positions; the largest are Apple Inc. (11.0%), iShares TR (5.5%) and Alphabet Inc. (3.1%).
What the accounts hold
- Stocks24%
- Funds60%
- Bonds6%
- State and local bonds3%
- U.S. government and agency bonds2%
- Investment grade corporate bonds1%
- Cash10%
Reported 13F holdings
- $546M
- Reported 13F value
- 263
- Positions
- 34.6%
- In the 10 largest
- +9.9%
- Value vs. prior quarter
- Apple Inc.11.0%
- iShares TR · Core S&P500 ETF5.5%
- Alphabet Inc. · Cap Stk CL A3.1%
- iShares TR · Core Div Grwth2.8%
- Berkshire Hathaway Inc. Del · CL B New2.6%
- Alphabet Inc. · Cap Stk CL C2.3%
- Amazon Com Inc.2.0%
- Vanguard Whitehall Fds · High Div Yld1.8%
- Mastercard Incorporated · CL A1.7%
- Vanguard Index Fds · Value ETF1.7%
Together, the ten largest are 34.6% of reported value.
How many clients does TBH Global Asset Management have?
TBH Global Asset Management has 1,054 clients and manages $1.48 billion for them, as of March 2026. They include 571 individual clients, 431 high-net-worth individuals, and 52 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 March 2026
What services does TBH Global Asset Management offer?
TBH Global Asset Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, education planning, estate planning, and insurance.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does TBH Global Asset Management charge?
TBH Global Asset Management charges 0.90%–1.50% for its Investment management services. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Source: TBH GLOBAL ASSET MANAGEMENT LLC BROCHURE, filed 23 March 2026
Which custodians does TBH Global Asset Management use?
TBH Global Asset Management’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $1.27B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 March 2026
How many financial advisors does TBH Global Asset Management have?
TBH Global Asset Management has 14 investment adviser representatives registered with state securities authorities, out of 22 employees, and 0 perform investment advisory functions. 2 employees are registered representatives of a broker-dealer and 3 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does TBH Global Asset Management invest in?
At the end of its last fiscal year, TBH Global Asset Management’s separately managed accounts held 60% registered funds (mutual funds, ETFs, BDCs), 24% exchange-traded equities, 10% cash and equivalents, 3% state and local bonds, 2% U.S. government and agency bonds and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns TBH Global Asset Management?
TBH Global Asset Management is owned through holding companies by David Merrell, Phillip Reynolds, Samuel Davis and Travis Anderson. Its direct owners are Nitor Holdings, LLC, TBH Reynolds LLC, Post Oak, LLC and TBH Franklin, LLC, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 23 March 2026
How does TBH Global Asset Management get paid?
TBH Global Asset Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact TBH Global Asset Management?
TBH Global Asset Management’s main office is at 6 Cadillac DR., Suite 300, Brentwood, TN 37027. Its phone number is 615-690-4820. Its website is tbhadvisors.com.