Towneley Capital Management, Inc. (Laguna Hills)


Towneley Capital Management, Inc. is a large advisory firm based in Laguna Hills. It manages $723.6 million of regulatory assets for 336 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, District of Columbia, Florida, and 6 other states.

Towneley Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and business consulting. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Towneley Capital Management: assets under management

The assets under management (AUM) of Towneley Capital Management, Inc. is $723.6 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 162% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $723.6 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.15 million each.
Towneley Capital Management has custody of $12.73 million in cash and securities for 3 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 94% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 2% of the firm’s portfolio. Investments in investment grade corporate bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Towneley Capital Management, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Wesley George Mccain serves?

The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Wesley George Mccain is charitable organizations with 11 clients and $316.24 million of assets under management. Among the 7 most similar advisory firms, Towneley Capital Management has the highest percentage of charitable organizations out of all clients.

The amount of regulatory assets under management is $722.53 million for 169 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.

Towneley Capital Management doesn't advise any private funds.

Careers at Towneley Capital Management, Inc.

The company employs 12 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Wesley George Mccain has been acting as President since 1 Dec 2013. Manastee River Revocable Trust joined the executive team most recently as the Trust.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Wesley George Mccain Trustee, manastee river revocable trust 1 Jul 1979 Other 4342566
Trustee Manastee River Revocable Trust Wesley G. Mccain N/a 1 Aug 1990 25% - 50% 13-6771280
Manastee River Revocable Trust Trust 1 Aug 1990 25% - 50% 13-6771280
Wesley George Mccain Trustee, manastee river revocable trust 1 Aug 1990 Other 4342566
Trustees The Sheffield Trust Noreene Storrie Et Al N/a 1 Dec 1998 Other 88-6055498
Sheffield Trust Trust 1 Dec 1998 Other 88-6055498
Noreene Storrie Trustee, sheffield trust 1 Dec 1998 Other 4798969
Trustees Wesley G. Mccain 1999 Annuity Trust Noreene Storrie Et Al N/a 1 Mar 1999 25% - 50% 13-7225745
Wesley G. Mccain 1999 Annuity Trust Trust 1 Mar 1999 25% - 50% 13-7225745
Noreene Storrie Trustee, wesley g. mccain 1999 annuity trust 1 Mar 1999 Other 4798969
Tracy A. Kuntz Chief operating officer 1 Jun 2000 Other 4776854
Tracy Ann Kuntz Chief operating officer 1 Jun 2000 Other 4776854
Robyn L. Bahlinger Chief compliance officer 1 Jan 2004 Other 4777111
Robyn Lynn Bahlinger Chief compliance officer 1 Jan 2004 Other 4777111
Tracy Ann Kuntz President, chief operating officer and chief compliance officer 1 Jan 2009 Other 4776854
Wesley G. Mccain Trust Trust 1 Feb 2009 25% - 50% 32-6143964
Noreene Storrie Co-trustee, wesley g. mccain trust 1 Feb 2009 Other 4798969
William A. Morrison Co-trustee, wesley g. mccain trust 1 Feb 2009 Other 5897324
Manastee River Revocable Trust Trust 1 Dec 2013 Other 13-6771280
Wesley George Mccain Chairman 1 Dec 2013 Other 4342566
Tracy Ann Kuntz President, chief operating officer and chief compliance officer 1 Dec 2013 Other 4776854
The Tcm Employee Stock Ownership Trust Trust 1 Dec 2013 75% - 100% 46-4149833
Nicholas Larsen Saakvitne Trustee, the tcm employee stock ownership trust 1 Dec 2013 Other 6278090

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Wesley George Mccain Chairman 1 Jun 1971 25% - 50% 4342566

Based in Laguna Hills

The principal office where Towneley Capital Management, Inc. performs its advisory services is located at 23197 La Cadena Drive, Laguna Hills, CA 92653, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 949-837-3580 or by fax 949-837-3604. The normal business hours are 8:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at towneley.com and its LinkedIn profile.

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