Tennessee Valley Asset Management Partners, LLC (Knoxville)

Name: Tennessee Valley Asset Management Partners, LLC
Address: 6025 Brookvale Lane, Knoxville, TN, 37919
Telephone: 865-226-9982

Tennessee Valley Asset Management Partners, LLC is a large advisory firm based in Knoxville. It manages $256.12 million of regulatory assets for 2,359 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Florida, Georgia, North Carolina, and 3 other states.

Tennessee Valley Asset Management Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Tennessee Valley Asset Management Partners: assets under management

The assets under management (AUM) of Tennessee Valley Asset Management Partners, LLC is $256.12 million. The firm's AUM has grown by 144% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $252.08 million in discretionary accounts and $4.05 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $109.46 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $72.24 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 81% of the total AUM. The second-largest asset type is exchange traded securities, which make up 9% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tennessee Valley Asset Management Partners, LLC 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 Tennessee Valley Asset Management Partners serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Tennessee Valley Asset Management Partners is individuals with 1,243 clients and $152.27 million of assets under management. Among the 9 most similar advisory firms, Tennessee Valley Asset Management Partners has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $255.55 million for 1,373 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.

Tennessee Valley Asset Management Partners doesn't advise any private funds.

Careers at Tennessee Valley Asset Management Partners, LLC

The company employs 21 people that are either part- or full-time employees. 48 percent of the employees work as investment advisers or researchers. 10 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey Brent Foster	Managing member, chief compliance officer	1 Jan 2012	25% - 50%	4160388
Charles Jeffrey Sweat	Managing member	1 Jan 2012	25% - 50%	2466467
Scott Bradley Fisher	Managing member	1 Jan 2012	25% - 50%	3260362

Based in Knoxville

The principal office where Tennessee Valley Asset Management Partners, LLC performs its advisory services is located at 6025 Brookvale Lane, Knoxville, TN 37919, which is also the mailing address of the firm. An additional office of the firm is in Seymour, TN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 865-226-9982 or by fax (865) 577-9105. The normal business hours are 8:00 - 4:30 on Monday - Friday. You can find more information about the New York firm at tvamp.net.