Firm
Townsend Asset Management
Raleigh, North Carolina
Fee-only
Townsend Asset Management at a glance
- One of 278 fee-only firms based in North Carolina in the Wellspent graph.
- 3 advisors are listed here; 1 of 3 hold the CFP.
- Its Form ADV reports 7 employees and 382 individual clients, 118 of them high net worth.
- Its average account is about $424,000 (assets it manages divided by its 1,130 accounts).
Fee-only advisors in North Carolina · What fee-only advisors charge in North Carolina
Facts
| Based in | Raleigh, North Carolina |
|---|---|
| Website | northcarolinawealthmanagers.com |
| Phone | (919) 782-9689 |
Townsend Asset Management fees
Townsend Asset Management doesn't publish its prices on its website, or we couldn't confirm them word for word. Ask for its Form ADV Part 2A, which must describe its fees.
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets · Hourly · Fixed fees |
|---|---|
| Assets managed | $480 million |
| Individual clients | 264 |
| High-net-worth clients | 118 |
| Accounts managed | 1,130 |
| Employees | 7 |
| Planning clients | 251-500 |
| Registered with | The SEC (801-18013) |
| Financial planning | Offered |
| Form ADV filed | February 27, 2026 |
| SEC record | CRD 108216 |