Arne Morris is a registered investment advisor at Townsend Asset Management CORP., based in Raleigh, NC, with 24 years of industry experience. Arne operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 404 clients with $480M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $3.0M | 0.90% |
| $3.0M - $4.0M | 0.80% |
| $4.0M - $5.0M | 0.70% |
| $5.0M - $6.0M | 0.60% |
| $6.0M - $7.0M | 0.50% |
| $7.0M - $10.0M | 0.40% |
| $10.0M - $15.0M | 0.35% |
| $15.0M - $20.0M | 0.30% |
| $20M+ | Included |
Fees for accounts over $20 million are quoted individually.
Fee Estimator
Location
3110 Edwards Mill Road, Ste 150, Raleigh, NC, 27612
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Learn about disclosures →Other Business Activities
Arne is an owner, partner, and managing member of three rental real estate holdings and investment firms since 1994. He dedicates about 10% of his time to these investment-related businesses, but not during securities trading hours.
Employment History
Current Registrations
Townsend Asset Management CORP.
Previous Registrations
Rsm US Wealth Management LLC
State Registrations1 state
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