Townsend Wealth Management

Townsend Wealth Management, established in 2001, offers investment management and financial planning services to individuals, trusts, charitable organizations, small businesses, and retirement plans. Operating as a fiduciary, the firm places clients' interests first and aims to avoid conflicts of interest. Investment management includes discretionary buying and selling of various securities based on client-selected risk/return profiles. As of February 18, 2025, the firm managed approximately $163.7 million. They charge fees based on a percentage of assets managed, with rates ranging from 0.20% to 1.00%. Financial planning fees vary from $2,000 to $5,000. The firm does not accept performance-based fees. They provide services to individuals, trusts, charitable organizations, small businesses, and retirement plans, with a preferred minimum account size of $250,000. Investment strategies offered range from conservative to aggressive, emphasizing asset allocation and risk management. The firm does not have disciplinary actions, and the principal owner is Tyler Townsend, a CFP® and CFA charterholder. Clients have investment discretion, and the firm invests in mutual funds and ETFs. The custodian is Charles Schwab & Co., and the firm does not have custody of client funds in the traditional sense. Clients receive regular account reviews and statements. Tyler Townsend and Ken Townsend have extensive educational backgrounds and business experience, with no disciplinary actions against them.