Telarray, LLC (Memphis)

Name: Telarray, LLC
Address: 700 Colonial Rd, Suite 120, Memphis, TN, 38117 5191
Telephone: 901-531-7423

Telarray, LLC is a large advisory firm based in Memphis. It manages $808.28 million of regulatory assets for 593 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 14 other states.

Telarray provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 499 clients. On top of advisory services, the firm doesn't engage in other business activities.

Telarray: assets under management

The assets under management (AUM) of Telarray, LLC is $808.28 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 9% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $808.28 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.36 million each.

Telarray has custody of $792.62 million in cash and securities for 591 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 88% of the total AUM. The second-largest asset type is exchange traded securities, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Telarray, LLC for their services and products based on a percentage of assets under management. 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.

What kind of clients Telarray serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Telarray is high net worth individuals with 215 clients and $684.47 million of assets under management. Among the 9 most similar advisory firms, Telarray has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $803.27 million for 587 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.

Telarray doesn't advise any private funds.

Careers at Telarray, LLC

The company employs 20 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 13 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Warren Alvin Coleman has served as the Chief Investment Officer since 1 Jun 2005. Richard Craig Paessler joined the executive team most recently as the Chief Compliance Officer, President, Direct Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Clifton Paessler	Chief manager, member, trustee	1 Apr 2005	25% - 50%	4943705
Michael Andrew Shaul	Secretary and member	1 Apr 2005	25% - 50%	4943694
Warren Alvin Coleman	Chief investment officer	1 Jun 2005	Other	5024533
L.P. Jsac Investment Partnership	Member	1 Apr 2006	Other	20-5235970
Deborah W. Burford	Direct owner	1 May 2007	Other	xxx-xx-xxxx
Jem 2011 Trust	Trust, direct owner	1 Mar 2011	Other	xxx-xx-xxxx
Richard Craig Paessler	Chief compliance officer	1 Jan 2014	Other	6301835
Richard Craig Paessler	Chief compliance officer, president, direct owner	1 Jan 2018	Other	6301835
Melinda Lu Gunn	Direct owner	1 Jan 2018	Other	5024530
Robert Glenn Dingler	Direct owner	1 Jan 2018	Other	5014369
Owen Alexander Keith	Direct owner	1 Jan 2018	Other	2810087
Katie Compton Stephenson	Direct owner	1 Jan 2018	Other	6104729
Andrew Jayson Kratz	Direct owner	1 Jan 2018	Other	6169970
Amy Davis Alexander	Direct owner	1 Jan 2018	Other	5639410

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Andrew Mcgehee	General partner	1 Oct 2005	Other	1624889
Stuart Christian Mcgehee	General partner	1 Oct 2005	Other	2257621
James Edmond Mcgehee	General partner	1 Oct 2005	Other	5111204
Jr James Edmond Mcgehee	General partner	1 Oct 2005	Other	1481203
James Edmond Mcgehee	Co-trustee	1 Mar 2011	50% - 75%	5111204
John Clifton Paessler	Co-trustee	1 Mar 2011	50% - 75%	4943705

Based in Memphis

The principal office where Telarray, LLC performs its advisory services is located at 700 Colonial Rd, Suite 120, Memphis, TN 38117 5191, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 901-531-7423 or by fax 901-531-7426. The normal business hours are 8:00am-5:00pm cst on Monday - Friday. You can find more information about the New York firm at telarrayadvisors.com.