Tailwind Advisors, LLC (Fort Worth)


Tailwind Advisors, LLC is a large advisory firm based in Fort Worth. It manages $1.03 billion of regulatory assets for 31 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of Texas.

Tailwind Advisors 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.

Tailwind Advisors: assets under management

The assets under management (AUM) of Tailwind Advisors, LLC is $1.03 billion. The firm's AUM has grown by 14% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $81.65 million in discretionary accounts and $947.13 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $27.22 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $33.83 million.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tailwind Advisors, LLC for their services and products based on a percentage of assets under management and performance-based fees. 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 Tailwind Advisors serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Tailwind Advisors is high net worth individuals with 28 clients and $947.13 million of assets under management. Among the 11 most similar advisory firms, Tailwind Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.03 billion for 31 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.

Tailwind Advisors also advises several private funds. Namely, three private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Tailwind Advisors, LLC

The company employs 9 people that are either part- or full-time employees. 44 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
Jeffrey Rugeley Dillard Member 1 Jan 2009 50% - 75% 5656679
Mark Randall Page Member 1 Jan 2009 Other 1775010
Stewart Rollins Henderson Member 1 Mar 2009 25% - 50% 2683273
Mark Randall Page Member, chief compliance officer 1 Nov 2013 Other 1775010
Lp Tailwind Coinvest Member 1 Mar 2014 25% - 50% 61-1734129
Robert Johnson Batton Member 1 Dec 2014 Other 5701270
Ej Nader Chief compliance officer 1 Dec 2014 Other 6427766
Mark Randall Page Member 1 Dec 2014 Other 1775010
Shawn G Hessing Chief financial officer and chief compliance officer 1 Mar 2018 Other 5959998

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Stewart Rollins Henderson Limited partner 1 Mar 2014 50% - 75% 2683273
Robert Johnson Batton Limited partner 1 Mar 2014 50% - 75% 5701270
Llc Tailwind Partners Gp General partner 1 Mar 2014 Other 46-5230437
Jeffrey Rugeley Dillard Member 1 Mar 2014 25% - 50% 5656679

Based in Fort Worth

The principal office where Tailwind Advisors, LLC performs its advisory services is located at 1000 Foch St, Fort Worth, TX 76107, 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 817-708-3663 or by fax 817-732-4424. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at tailwindadvisors.com/.