Tfi Portfolios, LLC (Scottsdale)

Name: Tfi Portfolios, LLC
Address: 9375 E. Shea Boulevard, Scottsdale, AZ, 85260
Telephone: 480-634-8890

Tfi Portfolios, LLC is a large advisory firm based in Scottsdale. It manages $134.55 million of regulatory assets for 287 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona, California, Maryland, New York, and Texas.

Tfi Portfolios provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, 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.

Tfi Portfolios: assets under management

The assets under management (AUM) of Tfi Portfolios, LLC is $134.55 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 7% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $134.55 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $468.82 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 33% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 32% of the firm’s portfolio. Investments in cash and cash equivalents form 18% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tfi Portfolios, LLC 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 Tfi Portfolios serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Tfi Portfolios is high net worth individuals with 33 clients and $110.59 million of assets under management. Among the 10 most similar advisory firms, Tfi Portfolios has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $134.55 million for 127 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.

Tfi Portfolios doesn't advise any private funds.

Careers at Tfi Portfolios, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.

Llc Alpha Cubed Investments joined the executive team most recently as the Member Of Empowerment Financial Group.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Paul Joseph Seidman	Member	1 Nov 2009	25% - 50%	4711344
Mark Joseph Langerman	Chief executive officer/chief compliance officer	1 Nov 2009	25% - 50%	1354113
Llc Alpha Cubed Investments	Member of empowerment financial group	1 Jun 2014	50% - 75%	159347

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Todd Randall Walsh	Managing member	1 Oct 2012	75% - 100%	1571625

Based in Scottsdale

The principal office where Tfi Portfolios, LLC performs its advisory services is located at 9375 E. Shea Boulevard, Scottsdale, AZ 85260, 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 480-634-8890 or by fax 866-858-7742. 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 empowermentfg.com.