Tellone Management Group Inc (Anaheim Hills)

Name: Tellone Management Group Inc
Address: 6200 E. Canyon Rim Rd, Anaheim Hills, CA, 92807
Telephone: 714-998-2290

Tellone Management Group Inc is a large advisory firm based in Anaheim Hills. It manages $382.97 million of regulatory assets for 1,605 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Louisiana, and 4 other states.

Tellone Management Group provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tellone Management Group: assets under management

The assets under management (AUM) of Tellone Management Group Inc is $382.97 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 307% since the beginning of its operation, and $447.62 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $382.97 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $238.61 thousand each.

Tellone Management Group has custody of $79.12 million in cash and securities for 66 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 41% of the total AUM. The second-largest asset type is exchange traded securities, which make up 29% of the firm’s portfolio. Investments in investment and business development companies form 25% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tellone Management Group Inc for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Tellone Management Group serves?

The firm provides services to individuals, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Tellone Management Group is pooled investment vehicles with 5 clients and $173.05 million of assets under management. Among the 9 most similar advisory firms, Tellone Management Group has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $382.89 million for 561 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.

Tellone Management Group also advises several private funds. Namely, two other private funds. The minimum investment commitment required of non-related persons ranges from $15,000 to $25,000.

Careers at Tellone Management Group Inc

The company employs 9 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. 3 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 doesn’t compensate 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
Dean Christopher Tellone	President,secretary,treasurer,director	1 Feb 1987	75% - 100%	4392794
Steven E Wolfe	Chief compliance officer	1 Jan 2003	Other	5032174
Derek Samuel Pantele	Chief compliance officer	1 Mar 2017	Other	6755370

Based in Anaheim Hills

The principal office where Tellone Management Group Inc performs its advisory services is located at 6200 E. Canyon Rim Rd, Anaheim Hills, CA 92807, 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 714-998-2290 or by fax 714-998-5613. The normal business hours are 8:30am - 5:30pm on Monday - Friday. You can find more information about the New York firm at tellone.com.