Templeton & Phillips Capital Management, LLC (Lookout Mountain)

Name: Templeton & Phillips Capital Management, LLC
Address: 810 Scenic Highway, Lookout Mountain, TN, 37350
Telephone: 423-826-0944

Templeton & Phillips Capital Management, LLC is a large advisory firm based in Lookout Mountain. It manages $112.25 million of regulatory assets for 62 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Tennessee.

Templeton & Phillips Capital Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Templeton & Phillips Capital Management: assets under management

The assets under management (AUM) of Templeton & Phillips Capital Management, LLC is $112.25 million. The firm's AUM has gone down by -33% since the beginning of its operation, and $42.66 million of the total AUM is attributable to clients outside of the United States.

The firm manages $100.48 million in discretionary accounts and $11.77 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.79 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.96 million.

Investments

The firm invests in exchange traded securities the most. They account for 61% of the total AUM. The second-largest asset type is investment and business development companies, which make up 19% of the firm’s portfolio. Investments in government bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Templeton & Phillips Capital Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Templeton & Phillips Capital Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Templeton & Phillips Capital Management is charitable organizations with 5 clients and $72.76 million of assets under management. Among the 11 most similar advisory firms, Templeton & Phillips Capital Management has the highest percentage of charitable organizations out of all clients.

The amount of regulatory assets under management is $112.25 million for 62 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.

Templeton & Phillips Capital Management doesn't advise any private funds.

Careers at Templeton & Phillips Capital Management, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lauren Cortney Templeton	Managing member & chief compliance officer	1 Nov 2001	75% - 100%	3142189
David Scott Phillips	Chief compliance officer	1 Mar 2017	Other	3229474

Based in Lookout Mountain

The principal office where Templeton & Phillips Capital Management, LLC performs its advisory services is located at 810 Scenic Highway, Lookout Mountain, TN 37350, 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 423-826-0944 or by fax 423-826-0949. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at maximumpessimism.com.