Timothy Salunga
Timothy Salunga is a registered investment advisor at Advice and Planning Services, based in Palo Alto, CA, with 15 years of industry experience. Timothy operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning. Their firm serves 72,807 clients with $34B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
TC Services offers several managed account programs with different fee structures:
- TIAA Personal Portfolio (TPP): 0.30% annually of the assets managed. This program is closed to new investors.
- TIAA Portfolio Advisor (PA): Fees range from 1.15% to 0.40% annually based on a tiered schedule.
- Private Asset Management (PAM): Fees range from 0.90% to 0.40% annually for a blended portfolio, or 0.50% to 0.15% annually for a fixed income portfolio, based on a tiered schedule. Transaction costs are additional for PAM.
TC Services may negotiate fee arrangements based on various factors. The fees for TPP and PA are inclusive of most transaction costs, while PAM has separate transaction costs.
Location
535 Cowper St, Suite 200, Palo Alto, CA, 94301
Get directionsHistory
Regulatory History (2)
Customer Dispute
June 2019Criminal
September 2006Other Business Activities
Timothy co-owns a rental condo with his wife since 2023, which is considered an investment-related activity. He spends minimal time on this activity, as a property manager handles the tenants and unit.
Employment History
Current Registrations
Tiaa-Cref Individual & Institutional Services, LLC
Tiaa-Cref Individual & Institutional Services, LLCBroker
Advice and Planning Services
Previous Registrations
Sigfig Wealth Management LLC
Amerivest Investment Management, LLC
TD Ameritrade, INC.
TD Ameritrade, INC.Broker
Fidelity Brokerage Services LLCBroker
Scottrade, INC.Broker
State Registrations14 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.