Tower View Investment Management & Research LLC (Milwaukee)

Name: Tower View Investment Management & Research LLC
Address: 1660 N. Prospect Ave, Milwaukee, WI, 53202
Telephone: 414-791-6834

Tower View Investment Management & Research LLC is a large advisory firm based in Milwaukee. It manages $139.69 million of regulatory assets for 458 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Illinois, and 5 other states.

Tower View Investment Management & Research provides portfolio management for individuals and small businesses and writing and providing equity research to other investment advisors.. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tower View Investment Management & Research: assets under management

The assets under management (AUM) of Tower View Investment Management & Research LLC is $139.69 million. The firm's AUM has grown by 3891% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $138.29 million in discretionary accounts and $1.4 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $302.61 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.4 million.

Tower View Investment Management & Research has custody of $43 million in cash and securities for 78 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 74% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 12% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tower View Investment Management & Research LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Tower View Investment Management & Research serves?

The firm provides services to individuals, other investment advisers, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Tower View Investment Management & Research is high net worth individuals with 49 clients and $114.12 million of assets under management. Among the 8 most similar advisory firms, Tower View Investment Management & Research has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $139.69 million for 136 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.

Tower View Investment Management & Research doesn't advise any private funds.

Careers at Tower View Investment Management & Research LLC

The company employs 4 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone 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
Raman John Ghei	Managing member and chief compliance officer	1 Jul 1999	75% - 100%	1530677
Paul Alexander Cloak	Managing director	1 Jul 1999	50% - 75%	4369625

Based in Milwaukee

The principal office where Tower View Investment Management & Research LLC performs its advisory services is located at 1660 N. Prospect Ave, Milwaukee, WI 53202, 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 414-791-6834 or by fax 414-433-1935. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at tower-view.com.