Tuve Investment Management, Inc. is a large advisory firm based in Waterloo. It manages $97.93 million of regulatory assets for 1,786 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Florida, Iowa, Minnesota, Missouri, and Texas.
Tuve Investment Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Tuve Investment Management, Inc. is $97.93 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Tuve Investment Management, Inc. 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of John Stanley Tuve is individuals with 1,339 clients and $73.45 million of assets under management. Among the 3 most similar advisory firms, Tuve Investment Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $97.93 million for 1,786 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Tuve Investment Management doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 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.
John Stanley Tuve has been acting as President since 1 Jul 2015. Stanley John Tuve joined the executive team most recently as the Chief Compliance Officer.
The principal office where Tuve Investment Management, Inc. performs its advisory services is located at 227 East San Marnan Drive, Waterloo, IA 50702, 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 319-235-0075 or by fax 319-235-7419. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at tuveinvestments.com.