Toews Corporation is a large advisory firm based in Northfield. It manages $1.52 billion of regulatory assets for 381 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Colorado, Connecticut, and 19 other states.
Toews Corporation provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Toews Corporation is $1.52 billion. The firm's AUM has grown by 949% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Toews Corporation for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. 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.
The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Toews Corporation is investment companies with 7 clients and $796.29 million of assets under management. Among the 9 most similar advisory firms, Toews Corporation has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $856.14 million for 374 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.
Toews Corporation also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.
The company employs 18 people that are either part- or full-time employees. 72 percent of the employees work as investment advisers or researchers. 14 employees are registered as investment adviser representatives with the state securities authorities.
There are 8 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Toews Corporation performs its advisory services is located at 1750 Zion Road, Northfield, NJ 08225 1844, which is also the mailing address of the firm. An additional office of the firm is in Kingwood, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 877-863-9726 or by fax 800-511-8490. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at toewscorp.com and its LinkedIn profile.