Tilson Financial Group Inc (New Providence)

Name: Tilson Financial Group Inc
Address: 98 Floral Avenue, New Providence, NJ, 07974
Telephone: 908-561-6203

Tilson Financial Group Inc is a large advisory firm based in New Providence. It manages $358.16 million of regulatory assets for 1,282 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Massachusetts, and 6 other states.

Tilson Financial Group provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Tilson Financial Group: assets under management

The assets under management (AUM) of Tilson Financial Group Inc is $358.16 million. The firm's AUM has grown by 113% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $191.35 million in discretionary accounts and $166.81 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $342.31 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $230.72 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 42% of the total AUM. The second-largest asset type is state and local bonds, which make up 25% of the firm’s portfolio. Investments in investment and business development companies form 19% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tilson Financial Group Inc 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 Robert Tilson serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Robert Tilson is high net worth individuals with 184 clients and $268.63 million of assets under management. Among the 9 most similar advisory firms, Tilson Financial Group has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $358.16 million for 442 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.

Tilson Financial Group doesn't advise any private funds.

Careers at Tilson Financial Group Inc

The company employs 12 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 7 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
Robert Tilson	President/chief compliance officer	1 Aug 1994	75% - 100%	1685948

Based in New Providence

The principal office where Tilson Financial Group Inc performs its advisory services is located at 98 Floral Avenue, New Providence, NJ 07974, which is also the mailing address of the firm. An additional office of the firm is in Whitehouse Station, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 908-561-6203 or by fax 908-462-6040. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at tilsonfinancial.com and its LinkedIn profile.