Titus Wealth Management (Larkspur)

Name: Titus Wealth Management
Address: 700 Larkspur Landing Circle, Larkspur, CA, 94939
Telephone: (415) 461-4800

Titus Wealth Management is a large advisory firm based in Larkspur. It manages $387.7 million of regulatory assets for 1,308 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Arizona, California, Louisiana, and 6 other states.

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

Titus Wealth Management: assets under management

The assets under management (AUM) of Titus Wealth Management is $387.7 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 519% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $387.7 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $296.41 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 90% of the total AUM. The second-largest asset type is exchange traded securities, which make up 5% of the firm’s portfolio. Investments in investment grade corporate bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Titus Wealth Management for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Titus Wealth Management serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Titus Wealth Management is high net worth individuals with 305 clients and $189.94 million of assets under management. Among the 8 most similar advisory firms, Titus Wealth Management has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $377.42 million for 1,301 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.

Titus Wealth Management doesn't advise any private funds.

Careers at Titus Wealth Management

The company employs 19 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 10 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Eric Maynard Aanes	Vice president, advisory representative	1 Sep 2005	75% - 100%	2309650
Eric Maynard Aanes	President, ceo, cco, advisory representative	1 Oct 2005	75% - 100%	2309650
Eric Maynard Aanes	President, ceo, cco, advisory representative, owner	1 Jan 2006	75% - 100%	2309650
Jennifer Lynn Ancona	Chief compliance officer	1 May 2007	Other	4668522
Eric Maynard Aanes	President, ceo, advisory representative, owner	1 May 2007	75% - 100%	2309650
Eric Maynard Aanes	President, ceo, advisory representative, owner	1 Sep 2009	75% - 100%	2309650
Rosemary Anne Richard	Chief compliance officer	1 Sep 2016	Other	1460975

Based in Larkspur

The principal office where Titus Wealth Management performs its advisory services is located at 700 Larkspur Landing Circle, Larkspur, CA 94939, which is also the mailing address of the firm. An additional office of the firm is in Folsom, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (415) 461-4800 or by fax (415) 461-4805. The normal business hours are 9:00 - 4:00 on Monday - Friday. You can find more information about the New York firm at tituswealth.com.