Tillar Wenstrup Advisors, LLC (Centerville)

Name: Tillar Wenstrup Advisors, LLC
Address: 1065 E. Centerville Station Road, Centerville, OH, 45459
Telephone: 937-428-9700

Tillar Wenstrup Advisors, LLC is a large advisory firm based in Centerville. It manages $181.03 million of regulatory assets for 432 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Kentucky, and 3 other states.

Tillar Wenstrup Advisors provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, and consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tillar Wenstrup Advisors: assets under management

The assets under management (AUM) of Tillar Wenstrup Advisors, LLC is $181.03 million. The firm's AUM has grown by 586% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $165.19 million in discretionary accounts and $15.84 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $393.31 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.32 million.

Investments

The firm invests in exchange traded securities the most. They account for 44% of the total AUM. The second-largest asset type is other assets, which make up 27% of the firm’s portfolio. Investments in non-exchange traded securities form 24% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Tillar Wenstrup Advisors, 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 Tillar Wenstrup Advisors serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Tillar Wenstrup Advisors is high net worth individuals with 82 clients and $126.21 million of assets under management. Among the 7 most similar advisory firms, Tillar Wenstrup Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $176.25 million for 245 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.

Tillar Wenstrup Advisors doesn't advise any private funds.

Careers at Tillar Wenstrup Advisors, LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Gerard Tillar	Member / chief compliance officer	1 Oct 2001	25% - 50%	1923001
Stephen Andrew Wenstrup	Member, director of marketing	1 Oct 2001	25% - 50%	1106106
Candace Lloyd Thurner	Member	1 Oct 2001	25% - 50%	4473720
Timothy Michael Roesch	Vice president, director of operations	1 Feb 2005	Other	2851661
Edward Joseph Wenstrup	Member	1 Jan 2014	Other	6305759

Based in Centerville

The principal office where Tillar Wenstrup Advisors, LLC performs its advisory services is located at 1065 E. Centerville Station Road, Centerville, OH 45459, which is also the mailing address of the firm. An additional office of the firm is in Cincinnati, OH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 937-428-9700 or by fax 937-436-7504. The normal business hours are 9:00 am to 4:00 pm on Monday - Friday. You can find more information about the New York firm at twadvisors.com.