{"url":"https://nivawealth.com/firms/townsend-holdings-160006","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/160006","regulatoryAum":19643108743,"crd":"160006","secFileNumber":"801-72968","legalName":"Townsend Holdings LLC","displayName":"Townsend Holdings","website":"http://www.townsend.com","linkedinUrl":"https://www.linkedin.com/company/the-townsend-group/posts/?feedView=all","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"950 Main Avenue, Suite 1600","city":"Cleveland","state":"OH","stateName":"Ohio","country":"United States","postalCode":"44113"},"tradeNames":["Townsend"],"registration":{"secApproved":"10 January 2012","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":110,"advisory":73,"brokerDealerReps":1,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":15735080379,"discretionaryAccounts":58,"nonDiscretionary":3908028364,"nonDiscretionaryAccounts":9,"wrapProgram":null,"nonUsClientsPct":17,"nonAumClients":30},"clientTypes":[{"label":"Pooled investment vehicles","clients":16,"regulatoryAum":3273995502},{"label":"Pension and profit-sharing plans","clients":45,"regulatoryAum":14148908483},{"label":"State or municipal government entities","clients":5,"regulatoryAum":2017484209},{"label":"Other investment advisers","clients":1,"regulatoryAum":202720549}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Northern Trust Company","shortName":"Northern Trust","location":"Chicago, IL","smaAssets":4968795045},{"name":"Bank of New York Mellon","shortName":"Bank of New York Mellon","location":"Everett, MA","smaAssets":3531638603},{"name":"JP Morgan Chase","shortName":"J.P. Morgan","location":"New York, NY","smaAssets":3180136485},{"name":"Huntington National Bank","shortName":"Huntington National Bank","location":"Cleveland, OH","smaAssets":2629919169}],"custodyNote":"Townsend Holdings has custody of $2.75B for 16 clients.","otherCustodians":[],"leadership":[{"name":"Brian White","title":"Chief Financial Officer","crd":"2711192"},{"name":"Ronald Weihrauch","title":"Chief Operating Officer","crd":"5655016"},{"name":"Aimee May","title":"Chief Compliance Officer","crd":"7214282"},{"name":"Anthony Frammartino","title":"Chairman and CEO","crd":"4623701"}],"ownership":[{"label":"Townsend Blocker Corp.","detail":"Member in the 75% or more ownership band and a control person, since August 2024."},{"label":"RVF Am Buyer Corp","detail":"Indirect owner: a owner of Townsend Blocker Corp. in the 75% or more band and a control person, since August 2024.","parent":"Townsend Blocker Corp."},{"label":"RVF Am, I LLC","detail":"Indirect owner: a owner of RVF Am Buyer Corp in the 75% or more band and a control person, since August 2024.","parent":"RVF Am Buyer Corp"},{"label":"TRC RVF Am, LLC","detail":"Indirect owner: a owner of RVF Am, I LLC in the 50% to 75% band and a control person, since August 2024.","parent":"RVF Am, I LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":4,"privateResidences":0},"listedOfficeAddresses":2,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"345 California Street","city":"San Francisco"}]},{"state":"Ohio","offices":1,"addresses":[{"street":"950 Main Avenue, Suite 1600","city":"Cleveland","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"216-781-9090","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":100}],"privateFunds":37},"sources":{"adv1FilingDate":"30 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/160006/PDF/160006.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Townsend Holdings have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Townsend Holdings offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Townsend Holdings use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Townsend Holdings have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Townsend Holdings invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Townsend Holdings?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Townsend Holdings get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}