Tlw Wealth Management, LLC (Indian Rocks Beach)

Name: Tlw Wealth Management, LLC
Address: 408 12 Th Avenue, Indian Rocks Beach, FL, 33785
Telephone: 402-599-9568

Tlw Wealth Management, LLC is a large advisory firm based in Indian Rocks Beach. It manages $105.78 million of regulatory assets for 57 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Florida, Kansas, Nebraska, and Wisconsin.

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

Tlw Wealth Management: assets under management

The assets under management (AUM) of Tlw Wealth Management, LLC is $105.78 million. 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 firm manages $105.75 million in discretionary accounts and $32.67 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.92 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $16.33 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Tlw Wealth Management, 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 Tlw Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Tlw Wealth Management is high net worth individuals with 22 clients and $100.35 million of assets under management. Among the 11 most similar advisory firms, Tlw Wealth Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $104.89 million for 53 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.

Tlw Wealth Management doesn't advise any private funds.

Careers at Tlw Wealth Management, LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 3 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Lee Vervelde	Member/chief compliance officer	1 Jul 2016	75% - 100%	1097723
Jesse Lee Vervelde	Member	1 Jul 2016	Other	6156783

Based in Indian Rocks Beach

The principal office where Tlw Wealth Management, LLC performs its advisory services is located at 408 12 Th Avenue, Indian Rocks Beach, FL 33785, which is also the mailing address of the firm. An additional office of the firm is in Hayward, WI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 402-599-9568. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at tlw.money.