Total Compensation Group Investment Advisory Services, LP (Austin)

Name: Total Compensation Group Investment Advisory Services, LP
Address: 900 S. Capital Of Texas Hwy, Austin, TX, 78746
Telephone: 512-600-5221

Total Compensation Group Investment Advisory Services, LP is a large advisory firm based in Austin. It manages $1.77 billion of regulatory assets for 1,165 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, Arizona, California, and 22 other states.

Total Compensation Group Investment Advisory Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Total Compensation Group Investment Advisory Services: assets under management

The assets under management (AUM) of Total Compensation Group Investment Advisory Services, LP is $1.77 billion. The firm's AUM has grown by 2053% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.53 billion in discretionary accounts and $231.19 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.36 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.93 million.

Total Compensation Group Investment Advisory Services has custody of $6.03 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 49% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 13% of the firm’s portfolio. Investments in government bonds form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Total Compensation Group Investment Advisory Services, LP for their services and products based on a percentage of assets under management, hourly charges, fixed fees, 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 Jeffrey Alan Montgomery serves?

The firm provides services to individuals, investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, and state or municipal government entities. The largest group of clients of Jeffrey Alan Montgomery is state or municipal government entities with 104 clients and $1.38 billion of assets under management. Among the 6 most similar advisory firms, Total Compensation Group Investment Advisory Services has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $1.76 billion for 639 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.

Total Compensation Group Investment Advisory Services also advises several private funds. Namely, one real estate fund and one other private fund. The minimum investment commitment required of non-related persons ranges from $35,000 to $50,000.

Careers at Total Compensation Group Investment Advisory Services, LP

The company employs 22 people that are either part- or full-time employees. 91 percent of the employees work as investment advisers or researchers. 12 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.

Jeffrey Alan Montgomery has been acting as President since 1 May 2016. Kevin Blain Mcneill joined the executive team most recently as the Chief Financial Officer And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Scott Christopher Hauptmann	Chief operations officer	1 Jan 2002	Other	4773447
Llc Total Compensation Group Investment Advisory Services Management	General partner	1 Dec 2003	Other	20-0760699
Llp Tcg Group Holdings	Limited partner	1 Dec 2003	75% - 100%	20-0529591
Llp Bcdp Holdings	Holding company	1 Dec 2003	75% - 100%	20-0529591
Scott Alan Bell	General partner of bcdp holdings, llp	1 Dec 2003	Other	2881086
Wayne Clarence Desselle	General partner of bcdp holdings, llp	1 Dec 2003	Other	1261196
Teri Lynn Hoyt	Compliance officer	1 Dec 2003	Other	4015682
David Randolph Allen	Senior vice president	1 Dec 2003	Other	2960813
Llc Total Compensation Group Advisory Services Management	General partner	1 Dec 2003	Other	20-0760699
Teri Lynn Hoyt	Compliance officer	1 Jan 2004	Other	4015682
David Randolph Allen	Senior vice president	1 Jan 2004	Other	2960813
David Randolph Allen	Chief compliance officer	1 Aug 2004	Other	2960813
Earl William Johnson	Chief compliance officer	1 Jul 2009	Other	3161004
David Elijah Mckee	Chief compliance officer	1 Jan 2010	Other	4138230
David Evan Friedman	General counsel and cco	1 Aug 2010	Other	4389908
Mark Thomas Woolery	Chief marketing officer	1 Jan 2011	Other	5907212
Cabanne Gilbreath	Co-chief investment officer	1 May 2011	Other	2428832
Christopher James Jamail	Co-chief investment officer	1 Jan 2013	Other	4783428
Jeffrey Alan Montgomery	President	1 May 2016	Other	2429245
Kevin Blain Mcneill	Chief financial officer and chief compliance officer	1 Jul 2018	Other	7013153

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
John Joseph Pesce	General partner	1 Dec 2003	25% - 50%	2384301
Mike Wayne Cochran	Manager	1 Dec 2003	Other	1412943

Based in Austin

The principal office where Total Compensation Group Investment Advisory Services, LP performs its advisory services is located at 900 S. Capital Of Texas Hwy, Austin, TX 78746, 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 512-600-5221 or by fax 888-989-9247. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at the401kanswer.com.