Trustee Empowerment & Protection, Inc. (Troy)

Name: Trustee Empowerment & Protection, Inc.
Address: 755 West Big Beaver Road, Troy, MI, 48084 4904
Telephone: 888-844-2772

Trustee Empowerment & Protection, Inc. is a pension cosultant based in Troy. It manages $1.43 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Florida, Kentucky, Michigan, New York, and Texas.

Trustee Empowerment & Protection provides 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.

Trustee Empowerment & Protection: assets under management

The assets under management (AUM) of Trustee Empowerment & Protection, Inc. is $1.43 billion. The firm's AUM has grown by 70% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $9.82 million in discretionary accounts and $1.42 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.27 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.42 billion.

Investments

The firm invests in investment and business development companies the most. They account for 86% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio. Investments in investment grade corporate bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Trustee Empowerment & Protection, Inc. for their services and products based on a percentage of assets under management, hourly charges, 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 Trustee Empowerment & Protection serves?

The firm provides services to pension and profit sharing plans and state or municipal government entities. The largest group of clients of Trustee Empowerment & Protection is pension and profit sharing plans with 1 clients and $1.42 billion of assets under management. Among the 5 most similar advisory firms, Trustee Empowerment & Protection has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $1.43 billion for 4 clients. None of the firm’s clients are foreign persons or businesses.

Trustee Empowerment & Protection doesn't advise any private funds.

Careers at Trustee Empowerment & Protection, Inc.

The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 6 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
Eric Steven Smith	President & cco	1 Dec 2006	Other	2894648
Inc. Cssc Services And Solutions	Owner	1 Aug 2015	75% - 100%	47-4846070

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Eric Steven Smith	Majority shareholder & director & ceo of cssc	1 Jan 1998	50% - 75%	4390339
Consulting Services Support Corporation	Holding company	1 Aug 2015	75% - 100%	38-3394324

Based in Troy

The principal office where Trustee Empowerment & Protection, Inc. performs its advisory services is located at 755 West Big Beaver Road, Troy, MI 48084 4904, 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 888-844-2772. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at tepi.tech.