Tenon Financial LLC
Tenon Financial LLC is a fee-only, independent registered investment adviser headquartered in Metuchen, NJ. Founded in 2019, the firm focuses on providing ongoing financial planning, tax planning, and investment management with a specialization in retirement planning. Tenon serves primarily individuals and high net worth individuals, offering clear, flat-fee pricing and operating as a fiduciary. The firm is noted for its small team of specialists and a highly client-focused service model.
Investment Strategy
Tenon Financial LLC emphasizes comprehensive financial and tax planning for individuals nearing or in retirement. Their investment strategy is rooted in low-cost, diversified portfolios with a focus on steady growth, risk minimization, and tax efficiency. The firm uses a fiduciary approach, avoiding conflicts of interest by not selling financial products or taking commissions. Instead, Tenon operates on a flat annual fee model, ensuring unbiased portfolio construction and ongoing management tailored to each client's retirement needs and objectives.
Latest 13F Filing Activity
Tenon Financial LLC filed their most recent 13F report on Sep 30, 2025 disclosing 48 equity positions with a total 13F market value of $195M. The fund increased holdings in Vanguard Index FDS, Vanguard BD Index FDS, Vanguard Scottsdale FDS among other positions. Tenon Financial LLC reduced exposure to Vanguard Index FDS, Vanguard Star FDS, Vanguard Index FDS among others.
Top Holdings
Equity Positions (48)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
V VOO | VANGUARD INDEX FDS | 25.00% | $48.7M | 79,551 | $496.46 | $612.38 | +$5.7M |
V VXF | VANGUARD INDEX FDS | 19.04% | $37.1M | 177,230 | $183.69 | $209.34 | -$24.1M |
V VXUS | VANGUARD STAR FDS | 13.15% | $25.6M | 348,772 | $65.13 | $73.46 | -$17.6M |
B BND | VANGUARD BD INDEX FDS | 12.15% | $23.7M | 318,211 | $72.34 | $74.37 | +$962.2K |
V VEA | VANGUARD TAX-MANAGED FDS | 6.89% | $13.4M | 223,790 | $50.08 | $59.92 | +$577.5K |