Turner Investments LLC (Berwyn)


Turner Investments LLC is an adviser based in Berwyn. It manages $1.2 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Colorado.

Turner Investments provides portfolio management for investment companies and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Turner Investments: assets under management

The assets under management (AUM) of Turner Investments LLC is $1.2 million. The firm's AUM has gone down by -100% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Turner Investments LLC for their services and products based on a percentage of assets under management 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 Turner Investments serves?

The only and largest group of clients of Turner Investments is business development companies with 1 clients and $1.2 million of assets under management. Among the 1 most similar advisory firms, Turner Investments has the highest percentage of business development companies out of all clients.

The amount of regulatory assets under management is $1.2 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Turner Investments also advises several private funds. Namely, three other private funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Turner Investments LLC

The company employs 5 people that are either part- or full-time employees. No 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
Robert Eugene Turner Head of global equity 1 Aug 2016 Other 731362
Michael Thomas Kennedy Ceo/managing principal 1 Aug 2016 Other 4360390
Michael Vincent Valenza Chief financial officer 1 Aug 2016 Other 6288405
Robert William Baird Chief compliance officer, chief operating officer 1 Aug 2016 Other 6142177
Turner Investments Holdings L.P. Managing member 1 Aug 2016 75% - 100% 38-4007885
Michael Vincent Valenza Chief compliance officer 1 Jan 2018 Other 6288405

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Michael Thomas Kennedy Managing member 1 Jun 2013 50% - 75% 4360390

Based in Berwyn

The principal office where Turner Investments LLC performs its advisory services is located at 1000 Chesterbrook Blvd, Berwyn, PA 19312 2414, 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 (484) 329-2300 or by fax 484-329-2569. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at turnerinvestments.com.