Clients
Townsquare Capital serves 96 clients, 76 of them other investment advisers. The average client has about $188 million with the firm.
- Other investment advisers76 clients100%
- OtherIndividuals, High-net-worth individuals, Pooled investment vehicles, Corporations and other businesses0%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 18 | $3,302,192 | 0.0% | $183K |
| High-net-worth individuals | Not reported | $24,967,150 | 0.1% | — |
| Pooled investment vehicles | 2 | $18,691,881 | 0.1% | $9.35M |
| Other investment advisers | 76 | $18,024,991,498 | 99.7% | $237.2M |
| Corporations and other businesses | Not reported | $327,582 | 0.0% | — |
| Total | 96 | $18,072,280,303 | 100% | $188.3M |
- Clients
- 18
- Regulatory AUM
- $3,302,192
- Share
- 0.0%
- Avg. per client
- $183K
- Clients
- Not reported
- Regulatory AUM
- $24,967,150
- Share
- 0.1%
- Avg. per client
- —
- Clients
- 2
- Regulatory AUM
- $18,691,881
- Share
- 0.1%
- Avg. per client
- $9.35M
- Clients
- 76
- Regulatory AUM
- $18,024,991,498
- Share
- 99.7%
- Avg. per client
- $237.2M
- Clients
- Not reported
- Regulatory AUM
- $327,582
- Share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 96
- Regulatory AUM
- $18,072,280,303
- Share
- 100%
- Avg. per client
- $188.3M
What it does
Townsquare Capital provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers and other activities. It is paid through a percentage of assets and fixed fees.
Townsquare Capital advises 2 private funds.
100.0% of assets ($18.07B across 58,181 accounts) are managed with discretion. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
The filed percentages total 101%. The values below are shown as filed.
- Exchange-traded equity securities
- 43%
- Non-exchange-traded equity securities
- 1%
- U.S. government/agency bonds
- 1%
- U.S. state and local bonds
- 2%
- Investment grade corporate bonds
- 7%
- Securities issued by registered investment companies or business development companies
- 36%
- Securities issued by pooled investment vehicles (other than registered investment companies)
- 1%
- Cash and cash equivalents
- 7%
- Other (Warrants, Adrs, Asset Backed Securities)
- 3%
Custodians
Townsquare Capital’s client accounts are held mainly at Charles Schwab, with 83% of managed assets, and Fidelity, with 11%. Townsquare Capital does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $15.08B83%
- FidelityFidelity Brokerage Services LLC · Wilmington, DE · $1.97B11%
- All other custodians$1.03B6%
Ownership and leadership
Orion Advisor Solutions, Inc. owns 75% or more of Townsquare Capital.
- Owns 75% or more of Townsquare Capital, LLC
Orion Advisor Solutions, Inc.
Control person · since July 2022
- Owns 75% or more of Orion Advisor Solutions, Inc.
GT Polaris Midco, Inc.
Control person · since July 2022
- Owns 75% or more of GT Polaris Midco, Inc.
GT Polaris Holdings, Inc
Control person · since July 2022
- Owns 75% or more of GT Polaris Holdings, Inc
GT Polaris Holdings, L.P.
Control person · since July 2022
GT Polaris GP, LLC.
General partner · Control person · since July 2022
Ta Associates Cayman, LTD
50% member · Control person · since July 2022
Genstar Capital IX, L.P.
General partner · Control person · since July 2022
Genstar Capital Partners IX, L.P.
50% member · Control person · since July 2022
Michael Burns
Elected manager · Control person · since July 2022
Todd Crockett
Elected manager · Control person · since July 2022
Siddharth Ramakrishnan
Elected manager · Control person · since July 2022
Anthony Salewski
Elected manager · Control person · since July 2022
Lori Hardwick
Elected manager · Control person · since July 2022
Charles Goldman
Elected manager · Control person · since July 2022
Natalie Wolfsen
Elected manager · Control person · since October 2023
Jeffrey Dekko
Elected manager · since October 2025
Leadership
- Michael FolkerPresident
- Mark MayoChief Financial Officer
- Mark AudrainChief Compliance Officer
- Kylee BeachChief Legal Officer/Secretary
- Natalie WolfsenCEO
Staff
- 53 employees
- 17 in advisory functions
- 17 state-registered reps
- 2 broker-dealer reps
Reported holdings
Townsquare Capital’s reported 13F holdings total $543.9M across 285 positions, and the ten largest make up 30.9% of it.
- $543.9M
- Reported 13F value
- 285
- Positions
- 30.9%
- In the 10 largest
- +22.6%
- Value vs. prior quarter
- Apple Inc.5.5%
- Advisors Ser TR · Logan Cap Brd IN4.6%
- Nvidia Corporation3.8%
- Amazon Com Inc.3.2%
- Broadcom Inc.3.2%
- iShares TR · Rus 1000 Grw ETF2.5%
- Alphabet Inc. · Cap Stk CL A2.3%
- Microsoft Corp.2.1%
- Micron Technology Inc.1.8%
- Cisco Sys Inc.1.7%
Together, the ten largest are 30.9% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $543.9M is not its $18.07B in regulatory assets and does not represent any individual client's portfolio.
Fees
Townsquare Capital is paid through a percentage of assets under management and fixed fees (other than subscription fees).
Townsquare Capital’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Townsquare Capital has 1 office, with 2 listed addresses across 2 states.
Idaho · 1 listed address
- 1135 Pier View Drive, Idaho Falls
Utah · 1 listed address
- Traverse Ridge Center II, 3450 Triumph Boulevard, LehiHQ
Other business names
Townsquare Capital has reported 1 other business name to the SEC.
- Orion Ocio
Registration details
- Legal name
- Townsquare Capital, LLC
- Headquarters
- Traverse Ridge Center II, 3450 Triumph Boulevard, Lehi, UT 84043
- Phone
- 385-375-8650
- Website
- www.townsquarecapital.com
- SEC file
- 801-110591
- Structure
- Utah 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 Townsquare Capital have?
Townsquare Capital has 96 clients and manages $18.1 billion for them, as of March 2026. They include 76 other investment advisers, 18 individuals and 2 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Townsquare Capital offer?
Townsquare Capital provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers and other activities.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Townsquare Capital use?
Townsquare Capital’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $15,076,716,652 and Fidelity Brokerage Services LLC (Wilmington, DE), with $1,968,344,151. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Townsquare Capital have?
Townsquare Capital has 17 investment adviser representatives registered with state securities authorities, out of 53 employees, and 17 perform investment advisory functions. 2 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 Townsquare Capital invest in?
At the end of its last fiscal year, Townsquare Capital’s separately managed accounts held 43% exchange-traded equities, 36% registered funds (mutual funds, ETFs, BDCs), 7% investment grade corporate bonds, 7% cash and equivalents, 3% warrants, adrs, asset backed securities, 2% state and local bonds, 1% non-exchange-traded equities, 1% U.S. government and agency bonds and 1% pooled vehicles (private funds and similar). It advises 2 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 Townsquare Capital?
Townsquare Capital’s direct owner is Orion Advisor Solutions, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Townsquare Capital get paid?
Townsquare Capital is paid through a percentage of assets under management 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