Tilney Asset Management Limited (London)

Name: Tilney Asset Management Limited
Address: 6 New Street Square, London, Ec4 A 3 Bf
Telephone: 00442079367100

Tilney Asset Management Limited is a large advisory firm based in London. It manages $2.37 billion of regulatory assets for 3,267 client accounts. It has been registered with the SEC as an adviser since 2016.

Tilney Asset Management Limited provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tilney Asset Management Limited: assets under management

The assets under management (AUM) of Tilney Asset Management Limited is $2.37 billion. The firm's AUM has gone down by -11% since the beginning of its operation, and $2.17 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.29 billion in discretionary accounts and $77.8 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $721.74 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $802.01 thousand.

Investments

The firm invests in pooled investment vehicles the most. They account for 77% of the total AUM. The second-largest asset type is exchange traded securities, which make up 15% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Tilney Asset Management Limited for their services and products based on a percentage of assets under management. 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 Peter Stanton Clark serves?

The firm provides services to individuals, insurance companies, investment companies, high net worth individuals, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Peter Stanton Clark is individuals with 2,420 clients and $929.22 million of assets under management. Among the 10 most similar advisory firms, Tilney Asset Management Limited has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $1.6 billion for 2,982 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 94% of the firm’s clients are foreign persons or businesses.

Tilney Asset Management Limited also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Tilney Asset Management Limited

The company employs 13 people that are either part- or full-time employees. 85 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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.

Peter Stanton Clark has been acting as President since 1 Jun 2007. James Winston Collings joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Guy Bowles	Chief executive officer	1 Dec 2002	Other	6021288
Peter Stanton Clark	Director	1 Jun 2007	Other	6021532
Tilney Asset Management Holdings Limited	Shareholder	1 Oct 2010	75% - 100%	xxx-xx-xxxx
Donald William Sherret Reid	Director, chief operations officer	1 May 2016	Other	6650203
Alan William Edwards	Director	1 May 2016	Other	6650197
Peter Lindop Hall	Director	1 May 2016	Other	2861879
Stuart Paul Layzell	Director, chief financial officer	1 May 2016	Other	2821758
Wadham St John Downing	Director, chief financial officer	1 Jul 2016	Other	6778238
Garry Mark Appleton	Chief compliance officer	1 Aug 2016	Other	6778235
Nigel Allman	Chief compliance officer	1 Jul 2017	Other	6866559
Christopher Kevin Woodhouse	Director	1 Sep 2017	Other	6866560
James Winston Collings	Chief compliance officer	1 May 2106	Other	6650179

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Alexlux Sarl	Shareholder	1 May 2016	50% - 75%	xxx-xx-xxxx
Violin Topco Limited	Shareholder	1 May 2016	75% - 100%	xxx-xx-xxxx
Violin Debtco Limited	Shareholder	1 May 2016	75% - 100%	xxx-xx-xxxx
Violin Equityco Limited	Shareholder	1 May 2016	75% - 100%	xxx-xx-xxxx
Tilney Group Limited	Shareholder	1 May 2016	75% - 100%	xxx-xx-xxxx
Tilney Bestinvest Group Limited	Shareholder	1 May 2016	75% - 100%	xxx-xx-xxxx

Based in London

The principal office where Tilney Asset Management Limited performs its advisory services is located at 6 New Street Square, London, Ec4 A 3 Bf The mailing address of the firm is 6 Chesterfield Gardens, London, W1 J 5 Bq. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 00442079367100 or by fax 00442079367101. The normal business hours are 08:30 - 17:30 on Monday - Friday. You can find more information about the New York firm at tilney.co.uk.