Toner Asset Management Group, Inc. (Virginia Beach)

Toner Asset Management Group, Inc. is a large advisory firm based in Virginia Beach. It manages $129.97 million of regulatory assets for 138 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of Virginia.

Toner Asset Management Group provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Toner Asset Management Group: assets under management

The assets under management (AUM) of Toner Asset Management Group, Inc. is $129.97 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 150% since the beginning of its operation, and $129.97 million of the total AUM is attributable to clients outside of the United States.

The firm manages $129.97 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $941.78 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Toner Asset Management Group, Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Troy Bryon Toner serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Troy Bryon Toner is high net worth individuals with 15 clients and $129.46 million of assets under management. Among the 9 most similar advisory firms, Toner Asset Management Group has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $129.97 million for 26 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.

Toner Asset Management Group doesn't advise any private funds.

Careers at Toner Asset Management Group, Inc.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Troy Bryon Toner	President/chief compliance officer	1 May 2002	75% - 100%	4357415

Based in Virginia Beach

The principal office where Toner Asset Management Group, Inc. performs its advisory services is located at 303 34 Th Street, Virginia Beach, VA 23451 The mailing address of the firm is 303 34 Th St, Virginia Beach, VA 23451. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 757-425-1977 or by fax 757-965-2074. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday.