Titan Capital Management, LLC (Modesto)

Name: Titan Capital Management, LLC
Address: 1500 J Street, Modesto, CA, 95354
Telephone: (209) 529-3089

Titan Capital Management, LLC is a large advisory firm based in Modesto. It manages $122.43 million of regulatory assets for 933 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Kentucky, and Texas.

Titan Capital Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Titan Capital Management: assets under management

The assets under management (AUM) of Titan Capital Management, LLC is $122.43 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 367% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $122.43 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $131.22 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 91% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Titan Capital Management, LLC for their services and products based on a percentage of assets under management and performance-based 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 Titan Capital Management serves?

The firm provides services to individuals, other investment advisers, and high net worth individuals. The largest group of clients of Titan Capital Management is high net worth individuals with 39 clients and $54.99 million of assets under management. Among the 12 most similar advisory firms, Titan Capital Management has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $122.43 million for 165 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.

Titan Capital Management doesn't advise any private funds.

Careers at Titan Capital Management, LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Abe Nmn Askil	Managing member/chief compliance officer/ceo/cio	1 Sep 2002	75% - 100%	2244499
Abe Askil	Managing member/chief compliance officer/ceo/cio	1 Sep 2002	75% - 100%	2244499
Sherli Nmn Babakhani	Member	1 Apr 2005	Other	4982483
Sherli Babakhani	Member	1 Apr 2005	Other	4982483
Arthur Askil	Member	1 Apr 2005	25% - 50%	4173032

Based in Modesto

The principal office where Titan Capital Management, LLC performs its advisory services is located at 1500 J Street, Modesto, CA 95354, which is also the mailing address of the firm. An additional office of the firm is in Laguna Niguel, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (209) 529-3089 or by fax (209) 529-3081. The normal business hours are 8:00 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at titanmanagers.com.