Timonier Family Office, Ltd. (Winston Salem)

Name: Timonier Family Office, Ltd.
Address: 121 Reynolda Village, Winston Salem, NC, 27106
Telephone: 336-725-5010

Timonier Family Office, Ltd. is a large advisory firm based in Winston Salem. It manages $255.24 million of regulatory assets for 558 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of North Carolina, South Carolina, and Texas.

Timonier Family Office provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Timonier Family Office: assets under management

The assets under management (AUM) of Timonier Family Office, Ltd. is $255.24 million. The firm's AUM has grown by 99% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $195.91 million in discretionary accounts and $59.32 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $353.63 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $14.83 million.

Investments

The firm invests in investment and business development companies the most. They account for 96% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 1% 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 Timonier Family Office, Ltd. for their services and products based on a percentage of assets under management, 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 Timonier Family Office serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Timonier Family Office is high net worth individuals with 79 clients and $185.84 million of assets under management. Among the 8 most similar advisory firms, Timonier Family Office has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $195.91 million for 138 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.

Timonier Family Office doesn't advise any private funds.

Careers at Timonier Family Office, Ltd.

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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
Timothy Lee Baker	President, chief compliance officer	1 Jun 2009	75% - 100%	1256333

Based in Winston Salem

The principal office where Timonier Family Office, Ltd. performs its advisory services is located at 121 Reynolda Village, Winston Salem, NC 27106, 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 336-725-5010 or by fax 336-725-5002. The normal business hours are 8:30am-5pm on Monday - Friday. You can find more information about the New York firm at timonier.com.