Tsa Management INC
Assets Under Management
$1.3B
Number of Clients
2,794
Number of Advisors
30
Avg. Portfolio per Client
$460K
Avg. Managed per Advisor
$42.8M
Compensation
Fee-Only (% of Portfolio)
About This Firm
TSA Portfolio Management, a division of Halliday Financial Group, manages investment portfolios for individuals and institutions. TSA works with clients to develop a personal investment policy and manages portfolios based on their goals, risk tolerance, and specific instructions. TSA offers both discretionary and non-discretionary account management. Portfolios may include mutual funds, stocks, bonds, variable annuities, and exchange-traded funds.
Fee Structure
TSA Portfolio Management offers investment management services with fees that vary depending on the program and assets managed.
American Funds Program: A flat 1% annual advisory fee is collected on all accounts. For 529 Plans, the fee is 0.5%.
Marstone Program: A flat 0.5% annual advisory fee is collected on all accounts, plus a 0.25% Marstone platform fee and a 0.10% Pershing administrative fee.
CUNY Portfolio Program:
- Up to $500,000: 0.75% annually
- $500,000 to $1,000,000: 0.65% annually
- Over $1,000,000: 0.55% annually
Pershing Tier I & NSF (SMA) Tier II: 0.75% to 1.5% annually on accounts up to $500,000. Fees for accounts over $500,000 are negotiable.
Pershing Tier II: 0.5% to 1% annually on accounts up to $1,000,000. Fees for accounts over $1,000,000 are negotiable.
Pershing Tier III: A flat 1.4% annual advisory fee is collected on all accounts.
Lockwood Programs: TSA's fee is in addition to Lockwood's program fees. TSA's fees are:
- First $500,000: 1.00%
- Next $500,000: 1.00%
- Next $4,000,000: 0.75%
- Next $5,000,000: 0.50%
- Over $10,000,000: 0.20%
All fees are subject to negotiation.
Areas of Practice
Location
725 Glen Cove Ave, Glen Head, NY, 11545