Townsend Asset Management Corp. /nc/ /adv
Townsend Asset Management Corp., headquartered in Raleigh, NC, is an independent, fee-only registered investment advisory firm established in 1982. The firm specializes in comprehensive wealth management, financial planning, portfolio management, and market timing services for individuals, families, small businesses, and high-net-worth clients. With a strong reputation for integrity and transparency, Townsend delivers tailored strategies rooted in the values and long-term goals of its clients. The firm is staffed by a team of experienced advisors dedicated to personalized service and building enduring client relationships. Townsend primarily serves clients seeking retirement planning, asset growth, and legacy management, and offers flexible fee structures based on assets under management, hourly rates, or fixed fees. The employee count is estimated to be under 25.
Investment Strategy
Townsend Asset Management Corp. creates customized portfolios and financial plans emphasizing risk management, wealth preservation, and long-term growth. Their investment strategy integrates both strategic asset allocation and market timing when appropriate, adapting to each client's unique needs and objectives. The firm prioritizes stewardship of clients' assets, using a combination of individual securities, ETFs, and funds to facilitate diversification and balance. Townsend aligns investment recommendations with clients’ life goals, employing a consultative approach that considers tax, retirement, insurance, and estate planning as part of an integrated wealth management philosophy.
Top Holdings
Equity Positions (169)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
Q QQQ | INVESCO QQQ TR | 6.45% | $18.1M | 30,193 | $322.28 | $600.37 | -$1.9M |
D DGRW | WISDOMTREE TR | 6.12% | $17.2M | 193,496 | $57.68 | $88.96 | +$1.2M |
A AMZN | AMAZON COM INC | 5.45% | $15.3M | 69,812 | $134.70 | $219.57 | +$289.9K |
Q QCOM | QUALCOMM INC | 5.40% | $15.2M | 91,251 | $135.93 | $166.36 | +$1.3M |
J JPM | JPMORGAN CHASE & CO. | 4.77% | $13.4M | 42,508 | $138.50 | $315.43 | +$880.1K |