Clients
Townsend Holdings serves 67 clients, 45 of them pension and profit-sharing plans. The average client has about $293 million with the firm.
- Pooled investment vehicles16 clients17%
- Pension and profit-sharing plans45 clients72%
- State or municipal government entities5 clients10%
- Other investment advisers1 clients1%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 16 | $3,273,995,502 | 16.7% | $204.6M |
| Pension and profit-sharing plans | 45 | $14,148,908,483 | 72.0% | $314.4M |
| State or municipal government entities | 5 | $2,017,484,209 | 10.3% | $403.5M |
| Other investment advisers | 1 | $202,720,549 | 1.0% | $202.7M |
| Total | 67 | $19,643,108,743 | 100% | $293.2M |
- Clients
- 16
- Regulatory AUM
- $3,273,995,502
- Share
- 16.7%
- Avg. per client
- $204.6M
- Clients
- 45
- Regulatory AUM
- $14,148,908,483
- Share
- 72.0%
- Avg. per client
- $314.4M
- Clients
- 5
- Regulatory AUM
- $2,017,484,209
- Share
- 10.3%
- Avg. per client
- $403.5M
- Clients
- 1
- Regulatory AUM
- $202,720,549
- Share
- 1.0%
- Avg. per client
- $202.7M
Total
- Clients
- 67
- Regulatory AUM
- $19,643,108,743
- Share
- 100%
- Avg. per client
- $293.2M
What it does
Townsend Holdings provides portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers. It is paid through a percentage of assets, hourly charges, fixed fees, performance-based fees and other arrangements.
Townsend Holdings advises 37 private funds.
80.1% of assets ($15.74B across 58 accounts) are managed with discretion; $3.91B across 9 accounts are not. 17% of clients are outside the U.S., and 30 clients received advice without assets under management last fiscal year.
What the accounts hold
- Funds100%
Custodians
Townsend Holdings’ client accounts are held mainly at Northern Trust, with 25% of managed assets, and Bank of New York Mellon, with 18%. Townsend Holdings has custody of $2.75B for 16 clients.
- Northern TrustNorthern Trust Company · Chicago, IL · $4.97B25%
- Bank of New York MellonBank of New York Mellon · Everett, MA · $3.53B18%
- J.P. MorganJP Morgan Chase · New York, NY · $3.18B16%
- Huntington National BankHuntington National Bank · Cleveland, OH · $2.63B13%
- All other custodians$5.33B27%
Ownership and leadership
Townsend Blocker Corp. owns 75% or more of Townsend Holdings.
- Owns 75% or more of Townsend Holdings LLC
Townsend Blocker Corp.
Control person · since August 2024
- Owns 75% or more of Townsend Blocker Corp.
RVF Am Buyer Corp
Control person · since August 2024
- Owns 75% or more of RVF Am Buyer Corp
RVF Am, I LLC
Control person · since August 2024
- Owns 50% to 75% of RVF Am, I LLC
TRC RVF Am, LLC
Control person · since August 2024
Leadership
- Brian WhiteChief Financial Officer
- Ronald WeihrauchChief Operating Officer
- Aimee MayChief Compliance Officer
- Anthony FrammartinoChairman and CEO
Staff
- 110 employees
- 73 in advisory functions
- 1 state-registered rep
- 1 broker-dealer rep
Fees
Townsend Holdings is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees), performance-based fees and other.
Townsend Holdings’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Townsend Holdings has 4 offices, with 2 listed addresses across 2 states.
California · 1 listed address
- 345 California Street, San Francisco
Ohio · 1 listed address
- 950 Main Avenue, Suite 1600, ClevelandHQ
Other business names
Townsend Holdings has reported 1 other business name to the SEC.
- Townsend
Registration details
- Legal name
- Townsend Holdings LLC
- Headquarters
- 950 Main Avenue, Suite 1600, Cleveland, OH 44113
- Phone
- 216-781-9090
- Website
- www.townsend.com
- SEC file
- 801-72968
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Townsend Holdings have?
Townsend Holdings has 67 clients and manages $19.6 billion for them, as of March 2026. They include 45 pension and profit-sharing plans, 16 pooled investment vehicles and 5 state or municipal government entities.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Townsend Holdings offer?
Townsend Holdings provides portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Townsend Holdings use?
Townsend Holdings’ separately managed account assets are held at Northern Trust Company (Chicago, IL), with $4,968,795,045, Bank of New York Mellon (Everett, MA), with $3,531,638,603, JP Morgan Chase (New York, NY), with $3,180,136,485 and Huntington National Bank (Cleveland, OH), with $2,629,919,169. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Townsend Holdings have?
Townsend Holdings has 1 investment adviser representatives registered with state securities authorities, out of 110 employees, and 73 perform investment advisory functions. 1 are registered representatives of a broker-dealer and 0 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 Townsend Holdings invest in?
At the end of its last fiscal year, Townsend Holdings’ separately managed accounts held 100% pooled vehicles (private funds and similar). It advises 37 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Townsend Holdings?
Townsend Holdings is owned through a chain of holding companies by TRC RVF Am, LLC. Its direct owner is Townsend Blocker Corp. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Townsend Holdings get paid?
Townsend Holdings is paid through a percentage of assets under management, hourly charges, fixed fees, performance-based fees and other arrangements. 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