Tfo Phoenix, Inc. is a large advisory firm based in Phoenix. It manages $2.77 billion of regulatory assets for 1,225 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Alabama, Arizona, California, and 3 other states.
Tfo Phoenix provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and family office services & financial consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
Tfo Phoenix: assets under management
The assets under management (AUM) of Tfo Phoenix, Inc. is $2.77 billion. The firm's AUM has grown by 787% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $2.1 billion in discretionary accounts and $674.56 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.74 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $32.12 million.
Tfo Phoenix has custody of $987.79 million in cash and securities for 133 clients in total but doesn’t act as a qualified custodian.
Investments
The firm invests in investment and business development companies the most. They account for 64% of the total AUM. The second-largest asset type is exchange traded securities, which make up 23% of the firm’s portfolio. Investments in cash and cash equivalents form 12% of the total invested assets.
