T I S Group Inc (North Oaks)


T I S Group Inc is a large advisory firm based in North Oaks. It manages $121.2 million of regulatory assets for 117 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Minnesota.

T I S Group provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

T I S Group: assets under management

The assets under management (AUM) of T I S Group Inc is $121.2 million. The firm's AUM has grown by 140% since the beginning of its operation, and $300 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $14.6 million in discretionary accounts and $106.6 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $126.96 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $53.3 million.

Investments

The firm invests in exchange traded securities the most. They account for 91% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio. Investments in investment and business development companies form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay T I S Group Inc for their services and products based on a percentage of assets under management, subscription fees, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients T I S Group serves?

The firm provides services to individuals, other investment advisers, high net worth individuals, and pension and profit sharing plans. The largest group of clients of T I S Group is other investment advisers with 1 clients and $104.8 million of assets under management. Among the 13 most similar advisory firms, T I S Group has the highest percentage of other investment advisers out of all clients.

The amount of regulatory assets under management is $121.2 million for 73 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

T I S Group doesn't advise any private funds.

Careers at T I S Group Inc

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 5 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Kent Lan Dallmeyer Shareholder 1 May 1995 Other 851512
Larry Edward Jeddeloh Managing director/cio 1 May 1995 50% - 75% 851516
Carl Fay Dallmeyer Shareholder 1 May 1995 Other 4384527
Gravier Gestion Shareholder 1 May 1995 Other foreign entity
Robert Alan Lepley Managing director 1 Dec 2000 Other 4384530
Vaughn Maxson Francis Managing director 1 Feb 2003 Other 4649333
David Dwain Jones Chief compliance officer 1 Jan 2008 Other 2761758
Daniel Patrick Lehn Chief operating officer 1 Sep 2016 Other 6774154

Based in North Oaks

The principal office where T I S Group Inc performs its advisory services is located at 100 Village Center Drive, North Oaks, MN 55127 3024, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 651-379-5070 or by fax 651-379-5080. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at theinstitutionalstrategist.com/.