Towneley Capital Management, Inc. is an SEC-registered independent investment advisory firm founded in 1971 by Wesley G. McCain. The firm offers investment counseling, asset management, financial planning, business consulting, and fiduciary services on a fee-only basis to various clients, including individuals, high net worth individuals, trusts, estates, pension and profit-sharing plans, nonprofit and charitable organizations, corporations, and other business entities. Towneley does not sell insurance, annuities, or commission-based financial products. The firm operates as a Delaware corporation with majority ownership by the TCM Employee Stock Ownership Trust. Towneley provides tailored advisory services based on individual client needs, focusing on defining goals, risk tolerance, time horizon, and asset allocation. The firm constructs custom portfolios using no-load mutual funds, exchange-traded funds, and individual bonds. Clients grant Towneley full discretion to manage their accounts, including the authority to buy and sell securities, select broker-dealers, and determine commission rates. The firm encourages clients to keep them informed of any changes that may impact their investment goals or portfolio allocation. Towneley's fee structure includes a percentage of assets under management for private clients, charitable and nonprofit organizations, and trusts. The firm also offers financial planning and consulting services on a stand-alone or ongoing basis, with fees negotiable based on the level and scope of services. Towneley does not charge performance-based fees and does not participate in principal, cross, or agency-cross transactions for clients. Clients receive quarterly reports on portfolio performance, asset values, and asset class breakdowns. The firm does not vote proxies on behalf of clients and maintains strict privacy policies to protect client information. In the event of a trading error, Towneley takes corrective actions to restore the client's account.