Townsquare Capital, LLC is a large advisory firm based in Provo. It manages $1.08 billion of regulatory assets for 6,139 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona, California, Colorado, and 22 other states.
Townsquare Capital provides financial planning services, portfolio management for individuals and small businesses, and sub-advisory services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Townsquare Capital, LLC is $1.08 billion. The firm's AUM has grown by 291% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Townsquare Capital, LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Kurt Harold Brown is individuals with 2,500 clients and $578.55 million of assets under management. Among the 8 most similar advisory firms, Townsquare Capital has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $1.08 billion for 3,500 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.
Townsquare Capital doesn't advise any private funds.
The company employs 49 people that are either part- or full-time employees. 92 percent of the employees work as investment advisers or researchers. 49 employees are registered as investment adviser representatives with the state securities authorities.
There are 6 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 receive compensation from other entities for client referrals.
Kurt Harold Brown has been acting as President since 1 Apr 2017. Llc Foundry Partners joined the executive team most recently as the Managing Member.
The principal office where Townsquare Capital, LLC performs its advisory services is located at 5314 River Run Drive, Provo, UT 84604, which is also the mailing address of the firm. An additional office of the firm is in Salt Lake City, UT. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 385-375-8650 or by fax 385-375-8646. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday.