Tsa Portfolio Management, Inc. Fka Tsa Management Inc. (Glen Head)

Name: Tsa Portfolio Management, Inc. Fka Tsa Management Inc.
Address: 725 Glen Cove Ave, Glen Head, NY, 11545
Telephone: 516-676-3332

Tsa Portfolio Management, Inc. Fka Tsa Management Inc. is a large advisory firm based in Glen Head. It manages $588.34 million of regulatory assets for 2,864 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Connecticut, Florida, and 7 other states.

Tsa Portfolio Management, Inc. Fka Tsa Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tsa Portfolio Management, Inc. Fka Tsa Management: assets under management

The assets under management (AUM) of Tsa Portfolio Management, Inc. Fka Tsa Management Inc. is $588.34 million. The firm's AUM has grown by 261% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $425.64 million in discretionary accounts and $162.7 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $246.04 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $143.47 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 60% of the total AUM. The second-largest asset type is exchange traded securities, which make up 26% of the firm’s portfolio. Investments in investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Tsa Portfolio Management, Inc. Fka Tsa Management Inc. for their services and products based on a percentage of assets under management. 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 Tsa Portfolio Management, Inc. Fka Tsa Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Tsa Portfolio Management, Inc. Fka Tsa Management is individuals with 2,683 clients and $424.59 million of assets under management. Among the 11 most similar advisory firms, Tsa Portfolio Management, Inc. Fka Tsa Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $588.34 million for 2,864 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.

Tsa Portfolio Management, Inc. Fka Tsa Management doesn't advise any private funds.

Careers at Tsa Portfolio Management, Inc. Fka Tsa Management Inc.

The company employs 58 people that are either part- or full-time employees. 5 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives 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
Rachel Holste Pino	Shareholder, chief compliance officer	1 Oct 1999	Other	2381976
Halliday Financial Group	Holding company	1 Jan 2010	75% - 100%	26-4457439

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Rachel Holste Pino	Holding corporation	1 Jan 1999	Other	2381976
Andrew Walter Halliday	Holding corporation	1 Jan 2010	Other	2308014
Denis Joseph Moynihan	Holding corporation	1 Jan 2010	25% - 50%	1403476
Sean Shahriar Mohammadi	Holding corporation	1 Jan 2010	25% - 50%	1837658
Sarah Tucker Halliday	Holding corporation	1 Jan 2010	25% - 50%	4326329

Based in Glen Head

The principal office where Tsa Portfolio Management, Inc. Fka Tsa Management Inc. performs its advisory services is located at 725 Glen Cove Ave, Glen Head, NY 11545, which is also the mailing address of the firm. An additional office of the firm is in Sarasota, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 516-676-3332 or by fax 516-676-3528. 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 hallidayfinancial.com/.