Toth Financial Advisory Corp (Leesburg)

Name: Toth Financial Advisory Corp
Address: 608 South King Street, Leesburg, VA, 20175
Telephone: 703-443-8684

Toth Financial Advisory Corp is a large advisory firm based in Leesburg. It manages $541.75 million of regulatory assets for 1,581 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, District of Columbia, and 11 other states.

Toth Financial Advisory Corp provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Toth Financial Advisory Corp: assets under management

The assets under management (AUM) of Toth Financial Advisory Corp is $541.75 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 146% since the beginning of its operation, and $1.92 million of the total AUM is attributable to clients outside of the United States.

The firm manages $541.75 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $342.66 thousand each.

Toth Financial Advisory Corp has custody of $25.79 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is exchange traded securities, which make up 24% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Toth Financial Advisory Corp 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 Thomas Andrew Toth serves?

The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Thomas Andrew Toth is high net worth individuals with 141 clients and $364.72 million of assets under management. Among the 10 most similar advisory firms, Toth Financial Advisory Corp has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $541.75 million for 522 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.

Toth Financial Advisory Corp also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Toth Financial Advisory Corp

The company employs 17 people that are either part- or full-time employees. 53 percent of the employees work as investment advisers or researchers. No 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 don’t receive compensation from other entities for client referrals.

Thomas Andrew Toth has been acting as President since 1 Jul 1986. Kenneth Jackson Bowen joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Andrew Toth	President	1 Jul 1986	25% - 50%	1239543
Priscilla Marie Toth	Vice president	1 Jul 1986	25% - 50%	1745057
Carol Ann Ryan	Chief compliance officer	1 Jul 2004	Other	4825726
Brendan Patrick Hughes	Executive vice president	1 Sep 2006	Other	1746867
Thomas Albert Bowman	Executive vice president	1 Sep 2009	Other	3168402
Thomas Albert Bowman	Chief compliance officer	1 Jul 2010	Other	3168402
Brawn Curtis Sproul	Director	1 Jul 2010	Other	1261854
Kenneth Jackson Bowen	Chief operating officer	1 Sep 2013	Other	6287435

Based in Leesburg

The principal office where Toth Financial Advisory Corp performs its advisory services is located at 608 South King Street, Leesburg, VA 20175, 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 703-443-8684 or by fax 703-669-4577. The normal business hours are 9:00 am to 4:00 pm on Monday - Friday. You can find more information about the New York firm at tothfinancial.com and its LinkedIn profile.