Townsquare Capital, LLC

TownSquare Capital, LLC is a registered investment adviser based in Provo, UT, providing services since June 2017. The firm specializes in sub-advisory asset management services to affiliated and unaffiliated third-party money managers. They offer discretionary asset management tailored to meet clients' needs and investment objectives. TownSquare Capital, LLC may invest client assets in various types of investments, including equities, mutual funds, real estate, and derivatives. The firm manages over $14 billion in client assets on a discretionary basis. Fees for sub-advisory services are negotiable and agreed upon with the Primary Investment Adviser. The firm does not accept performance-based fees or engage in side-by-side management. Clients have the option to direct brokerage business, and the firm may recommend specific custodians for client accounts. TownSquare Capital, LLC exercises limited custody over client funds through the ability to deduct advisory fees. The firm may effect wire transfers with client authorization and has procedures in place for trade errors. Proxy voting is conducted based on the best financial interests of clients. The firm has no financial commitments impairing its ability to meet client obligations and has not been involved in bankruptcy proceedings.