Tower Bridge Advisors, Inc. is a large advisory firm based in Conshohocken. It manages $1.3 billion of regulatory assets for 904 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Delaware, and 9 other states.
Tower Bridge Advisors provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Tower Bridge Advisors, Inc. is $1.3 billion. The firm's AUM has grown by 631% 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 Tower Bridge Advisors, Inc. for their services and products based on a percentage of assets under management 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Tower Bridge Advisors is high net worth individuals with 522 clients and $1.05 billion of assets under management. Among the 4 most similar advisory firms, Tower Bridge Advisors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.3 billion for 904 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.
Tower Bridge Advisors doesn't advise any private funds.
The company employs 17 people that are either part- or full-time employees. 53 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There are 10 people 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.
The principal office where Tower Bridge Advisors, Inc. performs its advisory services is located at 101 West Elm Street, Conshohocken, PA 19428 2075, 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 610-260-2200 or by fax 610-260-2239. The normal business hours are 8 am to 5 pm on Monday - Friday. You can find more information about the New York firm at towerbridgeadvisors.com.