Hedge Fund Database

TOWNSEND ASSET MANAGEMENT CORP.

Adviser information for TOWNSEND ASSET MANAGEMENT CORP. last updated from Form ADV on March 15th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Corporation
Fiscal Year End DECEMBER
Legal Location North Carolina, United States

Employees

Total Number of Employees 8
Investment Advisory/Research 5
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 4
Licensed Agents of an Insurance Company 3
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 1,025 $359.0M
Non-Discretionary 112 $42.4M
Total 1,137 $401.4M

Clients

Type Number RAUM
Individuals 274 $74.0M
HNW Individuals 118 $321.3M
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 0 $0
Pension and profit sharing plans <5 $5.2M
Charitable organizations 10 $492,905
State or municipal gov entities 0 $0
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 5 $444,621
Other 0 $0
Type Number
No. of Non-RAUM Clients 10
No. of Non-U.S. Clients 0
No. of Financial Planning Clients 251-500

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesEducational seminars/workshops
Compensation % of AUMHourly chargesFixed fees

Identifiers

SEC RIA File Number 801-18013
SEC ERA File Number 801-18013
SEC CIK Numbers 709089
SEC CRD Numbers 108216
Legal Entity Identifier None

Principal Office

3110 EDWARDS MILL ROAD
STE 150
RALEIGH
NC
United States
Monday - Friday, 8:30 AM - 5 PM
Tel: 919-782-9689, Fax: 919-783-0226

Websites

www.assetmgr.com www.facebook.com/townsend-asset-management-corp-162005293818878/ www.linkedin.com/company/townsend-asset-management-corp-/

Chief Compliance Officer

CALEB GRIFFITH
CHIEF OPERATING OFFICER
3110 EDWARDS MILL ROAD
STE 150
RALEIGH
NC
United States
Tel: (919) 782-9689
Fax: (919) 783-0226
(Full email address available in API data)

Regulatory Contact

GERALD TOWNSEND
CHIEF EXECUTIVE OFFICER
3110 EDWARDS MILL ROAD
STE 150
RALEIGH
NC
United States
Tel: (919) 782-9689
Fax: (919) 783-0226
(Full email address available in API data)

Industry Affiliates

None

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
None

Control Persons

Name Type Entity Title Since Ownership
TOWNSEND, GERALD, ALAN Individual – CEO 10/1982 5-10%
TOWNSEND, KATRINA, LEE Individual – OWNER 10/1982 10-25%
GRIFFITH, CALEB, ROBERT Individual – CHIEF COMPLIANCE OFFICER 11/2019 < 5%
TARKENTON, JAMES, MICHAEL Individual – PRESIDENT 04/2020 50-75%
MORRIS, ARNE, W Individual – SECRETARY 04/2020 25-50%

No. Employees, Historic

105020192020202120222023202420257 on 11/19/20198 on 3/19/20208 on 6/24/20207 on 3/23/20217 on 5/17/20218 on 3/24/20228 on 5/11/202210 on 3/14/202310 on 12/21/20238 on 3/4/20248 on 3/15/2024

RAUM, Historic

500M250M02019202020212022202320242025257180073 on 11/19/2019262577538 on 3/19/2020262577538 on 6/24/2020299925879 on 3/23/2021299925879 on 5/17/2021367101234 on 3/24/2022367101234 on 5/11/2022346302064 on 3/14/2023346302064 on 12/21/2023401407968 on 3/4/2024401407968 on 3/15/2024

No. Clients, Historic

50025002019202020212022202320242025302 on 11/19/2019272 on 3/19/2020272 on 6/24/2020310 on 3/23/2021310 on 5/17/2021347 on 3/24/2022347 on 5/11/2022377 on 3/14/2023377 on 12/21/2023411 on 3/4/2024411 on 3/15/2024

Holdings

From latest 13F, filed July 25th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
ABBVIE INC COM 249K 1K –
ACCENTURE PLC IRELAND SHS CLASS A 3M 9K –
ADOBE INC COM 542K 976 –
ADVANCED MICRO DEVICES INC COM 343K 2K –
AFLAC INC COM 2M 17K –
ALPHABET INC CAP STK CL C 1M 6K –
ALPHABET INC CAP STK CL A 5M 27K –
AMAZON COM INC COM 11M 59K –
AMERICAN ELEC PWR CO INC COM 261K 3K –
AMERICAN TOWER CORP NEW COM 2M 12K –
AMGEN INC COM 472K 2K –
ANALOG DEVICES INC COM 390K 2K –
APPLE INC COM 9M 42K –
ARCH CAP GROUP LTD ORD 208K 2K –
ASML HOLDING N V N Y REGISTRY SHS 317K 310 –
AUTOMATIC DATA PROCESSING IN COM 2M 7K –
AUTOZONE INC COM 234K 79 –
BALL CORP COM 269K 4K –
BANK AMERICA CORP COM 439K 11K –
BECTON DICKINSON & CO COM 250K 1K –
BERKSHIRE HATHAWAY INC DEL CL B NEW 3M 7K –
BLACKSTONE INC COM 472K 4K –
BLUE OWL CAPITAL INC COM CL A 3M 172K –
BRISTOL-MYERS SQUIBB CO COM 297K 7K –
BROADCOM INC COM 900K 561 –
CAPITAL GROUP GROWTH ETF SHS CREATION UNI 4M 123K –
CATERPILLAR INC COM 720K 2K –
CHEVRON CORP NEW COM 1M 7K –
CLOROX CO DEL COM 208K 2K –
COCA COLA CO COM 1M 22K –
CONOCOPHILLIPS COM 470K 4K –
CONSTELLATION BRANDS INC CL A 6M 23K –
CORNING INC COM 244K 6K –
COSTCO WHSL CORP NEW COM 7M 8K –
DANAHER CORPORATION COM 5M 21K –
DEERE & CO COM 206K 552 –
DISNEY WALT CO COM 1M 15K –
DOUBLEVERIFY HLDGS INC COM 593K 30K –
DUKE ENERGY CORP NEW COM NEW 3M 32K –
EA SERIES TRUST BRIDGEWAY BLUE 134K 11K –
ECOLAB INC COM 3M 11K –
ELI LILLY & CO COM 2M 2K –
ENTERPRISE PRODS PARTNERS L COM 561K 19K –
EXXON MOBIL CORP COM 587K 5K –
FISERV INC COM 931K 6K –
HOME DEPOT INC COM 2M 5K –
HONEYWELL INTL INC COM 574K 3K –
INDEPENDENT BANK GROUP INC COM 230K 5K –
INTERNATIONAL BUSINESS MACHS COM 244K 1K –
INVESCO EXCH TRADED FD TR II S&P500 LOW VOL 640K 10K –
INVESCO EXCH TRADED FD TR II S&P500 HDL VOL 7K 150 –
INVESCO EXCH TRADED FD TR II S&P 500 HB ETF 340K 4K –
INVESCO EXCH TRADED FD TR II PFD ETF 39K 3K –
INVESCO EXCHANGE TRADED FD T WILDERHIL CLAN 81K 4K –
INVESCO EXCHANGE TRADED FD T WATER RES ETF 72K 1K –
INVESCO EXCHANGE TRADED FD T S&P500 PUR GWT 52K 1K –
INVESCO EXCHANGE TRADED FD T S&P500 EQL HLT 14K 465 –
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 1M 7K –
INVESCO EXCHANGE TRADED FD T INVESCO MSCI 67K 2K –
INVESCO EXCHANGE TRADED FD T FTSE RAFI 1500 372K 10K –
INVESCO EXCHANGE TRADED FD T FTSE RAFI 1000 36K 960 –
INVESCO QQQ TR UNIT SER 1 19M 39K –
ISHARES INC CORE MSCI EMKT 630K 12K –
ISHARES TR CORE S&P TTL STK 74K 627 –
ISHARES TR SELECT DIVID ETF 3M 24K –
ISHARES TR CORE S&P500 ETF 729K 1K –
ISHARES TR CORE US AGGBD ET 6K 63 –
ISHARES TR IBOXX INV CP ETF 72K 676 –
ISHARES TR S&P 500 GRWT ETF 88K 950 –
ISHARES TR S&P 500 VAL ETF 22K 123 –
ISHARES TR 20 YR TR BD ETF 551 6 –
ISHARES TR 1 3 YR TREAS BD 898 11 –
ISHARES TR MSCI EAFE ETF 652K 8K –
ISHARES TR RUS MDCP VAL ETF 139K 1K –
ISHARES TR RUS MID CAP ETF 255K 3K –
ISHARES TR CORE S&P MCP ETF 3M 48K –
ISHARES TR ISHARES BIOTECH 7K 52 –
ISHARES TR RUS 1000 VAL ETF 458K 3K –
ISHARES TR S&P MC 400GR ETF 73K 830 –
ISHARES TR RUS 1000 GRW ETF 2M 5K –
ISHARES TR RUS 1000 ETF 2M 6K –
ISHARES TR RUS 2000 VAL ETF 524K 3K –
ISHARES TR RUS 2000 GRW ETF 1M 4K –
ISHARES TR RUSSELL 2000 ETF 723K 4K –
ISHARES TR CORE S&P US GWT 892 7 –
ISHARES TR S&P MC 400VL ETF 82K 725 –
ISHARES TR U.S. TECH ETF 91K 607 –
ISHARES TR CORE S&P SCP ETF 1M 10K –
ISHARES TR DOW JONES US ETF 53K 400 –
ISHARES TR SP SMCP600VL ETF 90K 922 –
ISHARES TR S&P SML 600 GWT 94K 730 –
ISHARES TR JPMORGAN USD EMG 9K 101 –
ISHARES TR MBS ETF 3K 37 –
ISHARES TR ISHS 1-5YR INVS 1K 26 –
ISHARES TR 10-20 YR TRS ETF 514 5 –
ISHARES TR 3 7 YR TREAS BD 4K 35 –
ISHARES TR US HLTHCR PR ETF 182K 3K –
ISHARES TR EAFE GRWTH ETF 7K 64 –
ISHARES TR US TREAS BD ETF 3K 147 –
ISHARES TR CORE HIGH DV ETF 4K 37 –
ISHARES TR MSCI EAFE MIN VL 42K 599 –
ISHARES TR MSCI USA MIN VOL 2M 20K –
ISHARES TR 0-5 YR TIPS ETF 7K 72 –
ISHARES TR MSCI USA MMENTM 10K 52 –
ISHARES TR CORE MSCI EAFE 448K 6K –
ISHARES TR CORE 1 5 YR USD 9K 185 –
ISHARES TR ESG SCRND S&P500 228K 5K –
JOHNSON & JOHNSON COM 1M 8K –
JPMORGAN CHASE & CO. COM 9M 43K –
LEGG MASON ETF INVT CLEARBRIDEG LR 288K 4K –
LOWES COS INC COM 217K 985 –
MAIN STR CAP CORP COM 363K 7K –
MARRIOTT INTL INC NEW CL A 7M 31K –
MASTERCARD INCORPORATED CL A 417K 945 –
MCDONALDS CORP COM 1M 6K –
MERCK & CO INC COM 1M 8K –
META PLATFORMS INC CL A 519K 1K –
MICROSOFT CORP COM 9M 21K –
MONDELEZ INTL INC CL A 315K 5K –
NETFLIX INC COM 442K 655 –
NOVO-NORDISK A S ADR 230K 2K –
NVIDIA CORPORATION COM 3M 25K –
ORACLE CORP COM 479K 3K –
PARKER-HANNIFIN CORP COM 2M 3K –
PAYPAL HLDGS INC COM 2M 39K –
PEPSICO INC COM 502K 3K –
PHILIP MORRIS INTL INC COM 303K 3K –
PHILLIPS 66 COM 431K 3K –
PROCTER AND GAMBLE CO COM 2M 15K –
QUALCOMM INC COM 13M 65K –
ROPER TECHNOLOGIES INC COM 1M 3K –
S&P GLOBAL INC COM 862K 2K –
SCHWAB STRATEGIC TR US BRD MKT ETF 755K 12K –
SCHWAB STRATEGIC TR US LRG CAP ETF 2M 35K –
SCHWAB STRATEGIC TR US LCAP GR ETF 4M 35K –
SCHWAB STRATEGIC TR US MID-CAP ETF 679K 9K –
SCHWAB STRATEGIC TR US SML CAP ETF 486K 10K –
SCHWAB STRATEGIC TR FUNDAMENTAL EMER 141K 5K –
SCHWAB STRATEGIC TR FUNDAMENTAL INTL 90K 3K –
SCHWAB STRATEGIC TR FUNDAMENTAL US S 796K 14K –
SCHWAB STRATEGIC TR FUNDAMENTAL US L 797K 12K –
SCHWAB STRATEGIC TR FUNDAMENTAL US B 3M 51K –
SCHWAB STRATEGIC TR US DIVIDEND EQ 2M 26K –
SCHWAB STRATEGIC TR INTL EQTY ETF 1K 35 –
SCHWAB STRATEGIC TR US AGGREGATE B 68K 2K –
SCHWAB STRATEGIC TR US REIT ETF 280 14 –
SCHWAB STRATEGIC TR INT-TRM U.S TRES 32K 659 –
SCHWAB STRATEGIC TR US TIPS ETF 11K 205 –
SELECT SECTOR SPDR TR SBI MATERIALS 265 3 –
SELECT SECTOR SPDR TR SBI HEALTHCARE 272K 2K –
SELECT SECTOR SPDR TR SBI CONS STPLS 13K 164 –
SELECT SECTOR SPDR TR SBI CONS DISCR 77K 422 –
SELECT SECTOR SPDR TR ENERGY 54K 592 –
SELECT SECTOR SPDR TR FINANCIAL 288 7 –
SELECT SECTOR SPDR TR INDL 627K 5K –
SELECT SECTOR SPDR TR TECHNOLOGY 1M 6K –
SELECT SECTOR SPDR TR SBI INT-UTILS 110K 2K –
SMITH A O CORP COM 239K 3K –
SPDR DOW JONES INDL AVERAGE UT SER 1 298K 762 –
SPDR S&P 500 ETF TR TR UNIT 1M 2K –
SPDR SER TR MSCI USA CLIMATE 113K 4K –
SPDR SER TR BLOOMBERG HIGH Y 3K 32 –
SPDR SER TR BLOOMBERG 1-3 MO 3K 35 –
SPDR SER TR PRTFLO S&P500 HI 47K 1K –
SPDR SER TR PORTFOLIO S&P600 228K 5K –
STRYKER CORPORATION COM 291K 855 –
TARGET CORP COM 381K 3K –
UFP TECHNOLOGIES INC COM 209K 791 –
UNITEDHEALTH GROUP INC COM 698K 1K –
VANGUARD BD INDEX FDS INTERMED TERM 64K 855 –
VANGUARD BD INDEX FDS SHORT TRM BOND 14K 184 –
VANGUARD BD INDEX FDS TOTAL BND MRKT 144K 2K –
VANGUARD INDEX FDS S&P 500 ETF SHS 4M 8K –
VANGUARD INDEX FDS MCAP VL IDXVIP 5K 35 –
VANGUARD INDEX FDS MCAP GR IDXVIP 340K 1K –
VANGUARD INDEX FDS REAL ESTATE ETF 22K 257 –
VANGUARD INDEX FDS SML CP GRW ETF 785K 3K –
VANGUARD INDEX FDS SM CP VAL ETF 481K 3K –
VANGUARD INDEX FDS MID CAP ETF 283K 1K –
VANGUARD INDEX FDS LARGE CAP ETF 6K 24 –
VANGUARD INDEX FDS GROWTH ETF 543K 1K –
VANGUARD INDEX FDS VALUE ETF 743K 5K –
VANGUARD INDEX FDS SMALL CP ETF 102K 467 –
VANGUARD INDEX FDS TOTAL STK MKT 1M 5K –
VANGUARD SPECIALIZED FUNDS DIV APP ETF 1M 8K –
VANGUARD WHITEHALL FDS HIGH DIV YLD 332K 3K –
VANGUARD WORLD FD ESG US STK ETF 244K 3K –
VANGUARD WORLD FD MEGA GRWTH IND 19K 61 –
VISA INC COM CL A 9M 33K –
WABTEC COM 9M 54K –
WALMART INC COM 822K 12K –
WISDOMTREE TR YIELD ENHANCD US 41K 966 –
WISDOMTREE TR ITL HDG QTLY DIV 219K 5K –
WISDOMTREE TR US QTLY DIV GRT 13M 170K –
WYNN RESORTS LTD COM 4M 40K –
ZOETIS INC CL A 4M 24K –