Timucuan Asset Management provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, and portfolio management for institutions. The firm advises 1 private fund.
Timucuan Asset Management reports 621 clients. They include 573 high-net-worth individuals, 18 individual clients and 15 charitable organizations. Of its assets, 94.2% ($3.58B across 582 accounts) are managed with discretion; $221M across 39 accounts are not. A wrap fee program the firm both sponsors and manages holds $16.2M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 3% | <1% |
| High-net-worth individuals | 92% | 71% |
| Pooled investment vehicles | <1% | 23% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | 2% | 3% |
| Other client typesCorporations and other businesses | 1% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 18 | $5.42M | 0.1% | $301K |
| High-net-worth individuals | 573 | $2.72B | 71.4% | $4.74M |
| Pooled investment vehicles | 1 | $872M | 22.9% | $872M |
| Pension and profit-sharing plans | 5 | $12.2M | 0.3% | $2.44M |
| Charitable organizations | 15 | $97.6M | 2.6% | $6.51M |
| Corporations and other businesses | 9 | $102M | 2.7% | $11.3M |
| Total | 621 | $3.81B | 100% | $6.13M |
- Clients
- 18
- Regulatory AUM
- $5.42M
- AUM share
- 0.1%
- Avg. per client
- $301K
- Clients
- 573
- Regulatory AUM
- $2.72B
- AUM share
- 71.4%
- Avg. per client
- $4.74M
- Clients
- 1
- Regulatory AUM
- $872M
- AUM share
- 22.9%
- Avg. per client
- $872M
- Clients
- 5
- Regulatory AUM
- $12.2M
- AUM share
- 0.3%
- Avg. per client
- $2.44M
- Clients
- 15
- Regulatory AUM
- $97.6M
- AUM share
- 2.6%
- Avg. per client
- $6.51M
- Clients
- 9
- Regulatory AUM
- $102M
- AUM share
- 2.7%
- Avg. per client
- $11.3M
Total
- Clients
- 621
- Regulatory AUM
- $3.81B
- AUM share
- 100%
- Avg. per client
- $6.13M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 1
- Financial planning clients last fiscal year
- 0
Timucuan Asset Management charges 0.75%–1.00% a year for its Net Asset Based Fees. The fee is billed in arrears, is negotiable and requires an account of at least $1,000,000. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Incentive Based fee (accounts over $5 million)
- For accounts over $5 million, the greater of a quarterly maintenance fee (annualized 0.50% on the first $5 million, falling to 0.10% above $20 million) or a 10% quarterly performance fee.
Russell Newton owns 75% or more of Timucuan Asset Management. The leadership team of Timucuan Asset Management includes President Dennis Blyly and Chief Compliance Officer Michele Vadala. It has 10 employees, 4 of them in advisory roles.
Staff
- 10 employees
- 4 in advisory functions
- 4 state-registered reps
- Owns 75% or more of Timucuan Asset Management Inc
Russell Newton
Control person · since October 2024
Timucuan Asset Management’s regulatory assets grew 1.6× from $2.4B (June 2021) to $3.81B (July 2026); clients rose from 515 to 621 and employees were 10 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $3.81B | 621 | 10 | 4 |
| Mar 2025March 2025 | $3.86B | 625 | 11 | 3 |
| May 2024May 2024 | $3.31B | 593 | 11 | 3 |
| Apr 2023April 2023 | $2.67B | 612 | 11 | 3 |
| Mar 2022March 2022 | $3.21B | 585 | 9 | 3 |
| Jun 2021June 2021 | $2.4B | 515 | 10 | 3 |
Besides its headquarters, Timucuan Asset Management has 3 offices (2 private residences, listed without an address), with 2 listed addresses in 1 state.
Florida · 2 listed addresses
- 1 Tower Court, Suite 600, JacksonvilleHQ
- 8470 Enterprise Circle, Lakewood Ranch
Contact and registration details
- Legal name
- Timucuan Asset Management Inc
- Headquarters
- 1 Tower Court, Suite 600, Jacksonville, FL 32202
- Website
- timucuan.com
- Phone
- 904-356-1739
- @timucuan-asset-management
- SEC file
- 801-36461
- Structure
- Florida corporation
- Fiscal year end
- December
Timucuan Asset Management’s named custodians for separately managed accounts are Fidelity ($2.52B, 89%) and Wells Fargo Bank, National Association ($303M, 11%). Timucuan Asset Management has custody of $20.4M for 3 clients.
- FidelityNational Financial Services LLC · Boston, MA · $2.52B89%
- Wells Fargo Bank, National AssociationWells Fargo Bank, National Association · San Francisco, CA · $303M11%
At year end, Timucuan Asset Management’s separately managed accounts were mostly in stocks (83%) and cash (13%).
What the accounts hold
- Stocks83%
- Exchange-traded equities82%
- Non-exchange-traded equities1%
- Bonds4%
- Cash13%
How many clients does Timucuan Asset Management have?
Timucuan Asset Management has 621 clients and manages $3.81 billion for them, as of July 2026. They include 573 high-net-worth individuals, 18 individual clients and 15 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 July 2026
What services does Timucuan Asset Management offer?
Timucuan Asset Management provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Timucuan Asset Management charge?
Timucuan Asset Management charges 0.75%–1.00% a year for its Net Asset Based Fees. The fee is billed in arrears, is negotiable and requires an account of at least $1,000,000.
Which custodians does Timucuan Asset Management use?
Timucuan Asset Management’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $2.52B and Wells Fargo Bank, National Association (San Francisco, CA), with $303M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 July 2026
How many financial advisors does Timucuan Asset Management have?
Timucuan Asset Management has 4 investment adviser representatives registered with state securities authorities, out of 10 employees, and 4 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Timucuan Asset Management invest in?
At the end of its last fiscal year, Timucuan Asset Management’s separately managed accounts held 82% exchange-traded equities, 13% cash and equivalents, 4% U.S. government and agency bonds and 1% non-exchange-traded equities. It advises 1 private fund.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Timucuan Asset Management have a minimum investment?
Yes, Timucuan Asset Management’s minimum account size for its Net Asset Based Fees is $1M.
Who owns Timucuan Asset Management?
Timucuan Asset Management’s direct owner is Russell Newton (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 1 July 2026
How does Timucuan Asset Management get paid?
Timucuan Asset Management is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions 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 Timucuan Asset Management?
Timucuan Asset Management’s main office is at 1 Tower Court, Suite 600, Jacksonville, FL 32202. Its phone number is 904-356-1739. Its website is timucuan.com.