TFC Financial Management, Inc.
TFC Financial Management, Inc. is an SEC-registered investment adviser headquartered in Boston, Massachusetts. Founded in 1981, the firm provides investment management and financial planning services, primarily to high net worth individuals and non-profit organizations. TFC is fee-only and operates as a fiduciary, emphasizing service transparency and client-centric advice. The firm has 23 employees as of 2025 and is led by President and CEO Renée Kwok.
Investment Strategy
TFC Financial Management delivers discretionary investment management with a focus on globally diversified, multi-asset portfolios. The firm invests primarily in no-load mutual funds and ETFs, tailoring portfolios for each client based on an Investment Policy Statement. Their approach blends dynamic asset allocation, global diversification, a mix of passive and active management, and fundamental as well as macroeconomic analysis. Third-party managers may be used when appropriate, with ongoing due diligence and oversight. TFC does not engage in commission-based product sales and maintains a fee-only, client-first fiduciary model.
Top Holdings
Equity Positions (967)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I IVV | ISHARES TR | 28.47% | $207.8M | 334,735 | $399.97 | $620.90 | +$42.8M |
I IDEV | ISHARES TR | 14.55% | $106.2M | 1,396,512 | $58.84 | $76.04 | +$8.6M |
S SHY | ISHARES TR | 10.02% | $73.1M | 882,610 | $82.92 | $82.86 | +$269.2K |
I IEMG | ISHARES INC | 6.34% | $46.3M | 770,764 | $52.42 | $60.03 | +$5.2M |
J JQUA | J P MORGAN EXCHANGE TRADED F | 5.79% | $42.3M | 704,042 | $47.66 | $60.05 | +$5.3M |