Tfc Financial Management Inc

TFC Financial Management, Inc. is an SEC-registered investment adviser based in Boston, Massachusetts, established in 1981. The firm offers investment management and financial planning services, primarily focusing on discretionary investment management services. Clients' assets are primarily invested in no-load mutual funds and ETFs, with a globally diversified portfolio across various asset classes. TFC also manages special situation client accounts on a non-discretionary basis. The firm may recommend third-party managers for specific investment strategies, conducting due diligence and monitoring their performance. For investment management services, TFC charges fees based on a percentage of assets under management, with a tiered fee structure. Financial planning fees range from $1,000 to $10,000 per engagement. The firm is fee-only and does not accept compensation from third parties for recommending specific products. TFC acts as a fiduciary, putting clients' interests first and maintaining a Code of Ethics for all employees. Clients include high net worth individuals and non-profit organizations, with no required minimum account size but a recommended size of $2 million and above. TFC's investment philosophy emphasizes dynamic asset allocation, global diversification, and a mix of passive and active management strategies. The firm conducts thorough analysis, including macro-economic outlook, asset allocation, fundamental analysis, and investment selection process. TFC does not engage in soft-dollar arrangements and recommends custodial services from Schwab or Fidelity. Clients have the option to direct brokerage, but TFC recommends custodians for efficiency. The firm does not vote on client securities and does not have custody of client assets.