Tam Financial Advisors, LLC (Annapolis)

Name: Tam Financial Advisors, LLC
Address: 1441 Pleasant Lake Road, Annapolis, MD, 21409
Telephone: 4103494484

Tam Financial Advisors, LLC is a large advisory firm based in Annapolis. It manages $113.46 million of regulatory assets for 336 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of District of Columbia, Maryland, and Virginia.

Tam Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Tam Financial Advisors: assets under management

The assets under management (AUM) of Tam Financial Advisors, LLC is $113.46 million. $392.44 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $105.83 million in discretionary accounts and $7.63 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $319.72 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.53 million.

Investments

The firm invests in exchange traded securities the most. They account for 59% 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 cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tam Financial Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed 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 Tam Financial Advisors serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Tam Financial Advisors is high net worth individuals with 22 clients and $71 million of assets under management. Among the 8 most similar advisory firms, Tam Financial Advisors has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $105.85 million for 77 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.

Tam Financial Advisors doesn't advise any private funds.

Careers at Tam Financial Advisors, LLC

The company employs 3 people that are either part- or full-time employees. 33 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
Michael Loren Marvin	President and cco	1 May 2003	75% - 100%	4667334

Based in Annapolis

The principal office where Tam Financial Advisors, LLC performs its advisory services is located at 1441 Pleasant Lake Road, Annapolis, MD 21409, 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 4103494484 or by fax 4103494480. The normal business hours are 8:30 am to 5:30 pm on Other. You can find more information about the New York firm at tamfinancial.net.