Tw Im, LLC (Dallas)

Name: Tw Im, LLC
Address: 2021 Mckinney Ave, Dallas, TX, 75201
Telephone: 214-269-1183

Tw Im, LLC is a large advisory firm based in Dallas. It manages $2.35 billion of regulatory assets for 27 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Texas.

Tw Im provides 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.

Tw Im: assets under management

The assets under management (AUM) of Tw Im, LLC is $2.35 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 409% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.35 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $86.94 million each.

Tw Im has custody of $1.64 billion in cash and securities for 27 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tw Im, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Tw Im serves?

The only and largest group of clients of Tw Im is pooled investment vehicles with 27 clients and $2.35 billion of assets under management. Among the 8 most similar advisory firms, Tw Im has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.35 billion for 27 clients. None of the firm’s clients are foreign persons or businesses.

Tw Im also advises several private funds. Namely, twenty seven private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Tw Im, LLC

The company employs 19 people that are either part- or full-time employees. 79 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jason Howland Downie	Managing partner	1 Mar 2013	Other	2259547
James Edward Herring	Managing partner	1 Mar 2013	Other	6019862
Tailwater Capital Llc	Sole member	1 Mar 2013	75% - 100%	45-3838349
Brian Blakeman	Chief financial officer, chief compliance officer	1 Sep 2013	Other	5072663
Brian Michael Blakeman	Chief financial officer, chief compliance officer	1 Sep 2013	Other	5072663

Based in Dallas

The principal office where Tw Im, LLC performs its advisory services is located at 2021 Mckinney Ave, Dallas, TX 75201, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 214-269-1183 or by fax 214-292-8562. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at tailwatercapital.com.