Tfo Phoenix, Inc. (Phoenix)

Name: Tfo Phoenix, Inc.
Address: 5060 North 40 Th Street, Phoenix, AZ, 85018
Telephone: 602-466-3813

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.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tfo Phoenix, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Scott Michael Horn serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Scott Michael Horn is high net worth individuals with 108 clients and $2.07 billion of assets under management. Among the 10 most similar advisory firms, Tfo Phoenix has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $2.11 billion for 149 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.

Tfo Phoenix doesn't advise any private funds.

Careers at Tfo Phoenix, Inc.

The company employs 34 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 19 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Scott Michael Horn has been acting as President since 1 Dec 2011. Patricia Sue Schwarz joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Cask 2011 Irrevocable Trust Dated 10/3/2011	Shareholder	1 Oct 2011	50% - 75%	xxx-xx-xxxx
Tfo Trust Dated 10/4/2011	Shareholder	1 Oct 2011	50% - 75%	xxx-xx-xxxx
Christopher Edward Erblich	Chairman, secretary and treasurer	1 Oct 2011	Other	4731912
Patrick Walter Boyle	Treasurer, secretary & chief compliance officer	1 Oct 2011	Other	5295396
Scott Michael Horn	President	1 Dec 2011	Other	4590725
Patricia Sue Schwarz	Chief compliance officer	1 Jan 2013	Other	3255312

Based in Phoenix

The principal office where Tfo Phoenix, Inc. performs its advisory services is located at 5060 North 40 Th Street, Phoenix, AZ 85018, which is also the mailing address of the firm. An additional office of the firm is in Carrollton, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 602-466-3813 or by fax 602-466-2601. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at tfophoenix.com.