Tred Avon Family Wealth, LLC (Easton)


Tred Avon Family Wealth, LLC is a large advisory firm based in Easton. It manages $225.43 million of regulatory assets for 105 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Maryland.

Tred Avon Family Wealth provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Tred Avon Family Wealth: assets under management

The assets under management (AUM) of Tred Avon Family Wealth, LLC is $225.43 million. The firm's AUM has grown by 34% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.66 million in discretionary accounts and $222.77 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $443.84 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.25 million.

Investments

The firm invests in exchange traded securities the most. They account for 65% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 19% of the firm’s portfolio. Investments in state and local bonds form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tred Avon Family Wealth, LLC for their services and products based on hourly charges and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Tred Avon Family Wealth serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Tred Avon Family Wealth is high net worth individuals with 31 clients and $220.61 million of assets under management. Among the 11 most similar advisory firms, Tred Avon Family Wealth has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $225.43 million for 52 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.

Tred Avon Family Wealth doesn't advise any private funds.

Careers at Tred Avon Family Wealth, LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Frances Elizabeth Spurry Managing member/owner/chief compliance officer 1 Nov 2014 75% - 100% 3088160

Based in Easton

The principal office where Tred Avon Family Wealth, LLC performs its advisory services is located at 11 S Washington Street, Easton, MD 21601, 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 410-310-2064. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at tredavonfamilywealth.com.