Tcg Advisors, LP is a large advisory firm based in Austin. It manages $2.82 billion of regulatory assets for 1,733 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Arizona, Arkansas, California, and 17 other states.
Tcg Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Tcg Advisors, LP is $2.82 billion. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Tcg Advisors, LP for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Mike Wayne Cochran is state or municipal government entities with 275 clients and $2.21 billion of assets under management. Among the 12 most similar advisory firms, Tcg Advisors has the highest percentage of state or municipal government entities out of all clients.
The amount of regulatory assets under management is $2.8 billion for 1,245 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.
Tcg Advisors also advises several private funds. Namely, one real estate fund and one other private fund. The minimum investment commitment required of non-related persons ranges from $35,000 to $50,000.
The company employs 90 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 12 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 receive compensation from other entities for client referrals.
Mike Wayne Cochran has been acting as President since 1 Dec 2003. Kevin Blain Mcneill joined the executive team most recently as the Chief Financial Officer And Chief Compliance Officer.
The principal office where Tcg Advisors, LP performs its advisory services is located at 900 S. Capital Of Texas Hwy, Austin, TX 78746, which is also the mailing address of the firm. An additional office of the firm is in Fort Worth, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 512-600-5221 or by fax 888-989-9247. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at tcgservices.com and its LinkedIn profile.