Torshen Capital Management, LLC (Chicago)

Torshen Capital Management, LLC is a mid-sized advisory firm based in Chicago. It manages $28.63 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Illinois.

Torshen Capital Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Torshen Capital Management: assets under management

The assets under management (AUM) of Torshen Capital Management, LLC is $28.63 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 10% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $28.63 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $14.31 million each.

Torshen Capital Management has custody of $28.6 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 38% of the total AUM. The second-largest asset type is government bonds, which make up 29% of the firm’s portfolio. Investments in cash and cash equivalents form 19% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Torshen Capital Management, LLC 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.

Careers at Torshen Capital Management, LLC

The company employs 3 people that are either part- or full-time employees. 100 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
Kay Pomerance Torshen	Managing member, chief compliance officer and chief executive officer	1 Aug 1998	75% - 100%	2191585
Mark Charles Spiegl	Chief compliance officer	1 Jun 2016	Other	6777483

Based in Chicago

The principal office where Torshen Capital Management, LLC performs its advisory services is located at 980 N Michigan Ave, Chicago, IL 60611 4591, 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 312-274-0200 or by fax 312-274-0022. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday.