Tmfs Providence, LLC (Warwick)


Tmfs Providence, LLC is an adviser based in Warwick. It manages $1.6 million of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of Rhode Island.

Tmfs Providence provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tmfs Providence: assets under management

The assets under management (AUM) of Tmfs Providence, LLC is $1.6 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 60% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.6 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $145 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tmfs Providence, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed 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.

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Kristopher Bonocore Member 1 Feb 2004 50% - 75% 4361102
Julie Anne Bonocore Member 1 Feb 2004 50% - 75% 5385920
John Colt Mcclelland Member 1 Mar 2007 50% - 75% 5386136
Bruce Colt Mcclelland Member 1 Mar 2007 25% - 50% 4001004
John Michael Curran Member 1 Mar 2007 25% - 50% 5386138

Based in Warwick

The principal office where Tmfs Providence, LLC performs its advisory services is located at 1000 Bald Hill Rd., Warwick, RI 02886, 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 401-921-3331. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.mutualfundstore.com.