Tbfm LLP (Boise)

Name: Tbfm LLP
Address: 802 West Bannock Street, Boise, ID, 83702
Telephone: 208-338-5551

Tbfm LLP is a large advisory firm based in Boise. It manages $539.14 million of regulatory assets for 1,121 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Georgia, and 5 other states.

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

Tbfm: assets under management

The assets under management (AUM) of Tbfm LLP is $539.14 million. The firm's AUM has grown by 222% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $522.42 million in discretionary accounts and $16.72 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $493.78 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $265.43 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 49% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 14% of the firm’s portfolio. Investments in investment and business development companies form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tbfm LLP for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Tbfm serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Tbfm is high net worth individuals with 180 clients and $354.64 million of assets under management. Among the 9 most similar advisory firms, Tbfm has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $539.14 million for 510 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.

Tbfm doesn't advise any private funds.

Careers at Tbfm LLP

The company employs 11 people that are either part- or full-time employees. 91 percent of the employees work as investment advisers or researchers. 10 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bruce Richard Mohr	General partner/chief compliance officer	1 Apr 1998	50% - 75%	2291486
Melvin Dean Buffington	Consultant	1 Apr 1998	Other	2434438
Carey Hale Mcneal	General partner	1 Apr 1998	50% - 75%	1902076
Bruce Mohr	Partner	1 Apr 1998	25% - 50%	2291486

Based in Boise

The principal office where Tbfm LLP performs its advisory services is located at 802 West Bannock Street, Boise, ID 83702, 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 208-338-5551 or by fax 208-338-5552. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at bmmria.com.