Tower Square Securities, Inc. (New York)

Name: Tower Square Securities, Inc.
Address: 1095 Avenue Of The Americas, New York, NY, 10036
Telephone: 212-578-0594

Tower Square Securities, Inc. is a large advisory firm based in New York. It manages $299.24 million of regulatory assets for 2,129 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arkansas, and 45 other states.

Tower Square Securities provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tower Square Securities: assets under management

The assets under management (AUM) of Tower Square Securities, Inc. is $299.24 million. The firm's AUM has grown by 625% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $50.22 million in discretionary accounts and $249.01 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $216.47 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $131.27 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tower Square Securities, Inc. 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.

Careers at Tower Square Securities, Inc.

Alan Francis Monbaron has been acting as President since 1 Sep 2002. Andre Theodore Carrier joined the executive team most recently as the Chief Operations Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
George Charles Kokulis	Member of the board of directors	1 Apr 1995	Other	1070827
Plaza Llc	Shareholder	1 Mar 1996	75% - 100%	06-0566090
William Francis Iii Scully	Member of the board of directors	1 Apr 1996	Other	1129216
Stuart Leslie Baritz	Vice president	1 Sep 1996	Other	806207
Donald Robert Jr Munson	Senior vice president	1 Nov 1996	Other	1217874
William Angelo Asteriades	Treasurer and chief financial officer	1 Apr 1998	Other	3032407
John Joseph Jr Williams	Assistant secretary	1 Jul 1998	Other	1323419
Thomas Paul Tooley	Vice president	1 Jul 1998	Other	1153796
Whitney Fairchild Burr	Vice president	1 Sep 1998	Other	xxx-xx-xxxx
Cynthia Pace Macdonald	Vice president, general counsel and secretary	1 Oct 1998	Other	853900
Glenn David Lammey	Member of the board of directors	1 May 2000	Other	4197208
George Emmanuel Markoulakis	Vice president - operations	1 Jul 2000	Other	1783378
Ernest James Wright	Assistant secretary	1 Sep 2000	Other	xxx-xx-xxxx
Edward William Jr Cassidy	President and ceo	1 Sep 2000	Other	1606787
Russell Henry Johnson	Member of the board of directors	1 Oct 2000	Other	1020749
Warren Hamilton May	Chairman of the board	1 Oct 2000	Other	841460
Mark Anthony Larose	Vice president	1 Oct 2000	Other	4244126
Stephen Edward Abbey	Vp and chief compliance officer	1 Nov 2000	Other	710829
Joanne Katherine Russo	Senior vice president-chief marketing officer	1 Jan 2001	Other	2689534
Edward William Jr Cassidy	President, ceo and member of the board of directors	1 Mar 2001	Other	1606787
Ernest James Wright	Corporate secretary	1 Mar 2002	Other	xxx-xx-xxxx
John Mcallister Laverty	Treasurer and chief financial officer	1 Apr 2002	Other	4486342
Joseph F Iii Shiman	Vice president of marketing	1 May 2002	Other	2724297
Edward William Jr Cassidy	Chairman of the board, pres., ceo & member of the board of directors	1 Aug 2002	Other	1606787
Joanne Katherine Russo	Senior vice president- administration	1 Sep 2002	Other	2689534
George Emmanuel Markoulakis	Vice president - operations and trading	1 Sep 2002	Other	1783378
Mark Anthony Larose	Vice president and chief operating officer	1 Sep 2002	Other	4244126
Alan Francis Monbaron	Director	1 Sep 2002	Other	1530517
Barrett Newman Sidel	Assistant secretary	1 Sep 2002	Other	2391120
Lewis Franklin Iii Beers	Assistant secretary	1 Sep 2002	Other	xxx-xx-xxxx
Judith Addazio	Assistant treasurer	1 Dec 2002	Other	xxx-xx-xxxx
Judith Anne Addazio	Assistant treasurer	1 Dec 2002	Other	xxx-xx-xxxx
Margret Lore Witt	Director	1 Jan 2003	Other	470773
Cynthia Perdue Hubler	Director	1 Jan 2003	Other	1943185
Richard N. Bush	Vice president-taxes	1 Feb 2003	Other	xxx-xx-xxxx
Richard Norman Bush	Vice president-taxes	1 Feb 2003	Other	xxx-xx-xxxx
Edward William Jr Cassidy	Chairman of the board, ceo & member of the board of directors	1 Apr 2003	Other	1606787
Gifford John Hurley	President and member of the board of directors	1 Apr 2003	Other	1171989
Stephen Edward Abbey	Vp and home office supervisor	1 Jan 2004	Other	710829
Moira Cronan Lowe	Vp and chief compliance officer	1 Jan 2004	Other	4076427
Joanne Katherine Russo	Senior vice president and chief operations officer	1 Mar 2004	Other	2689534
Mark Anthony Larose	Vice president and chief technology officer	1 Mar 2004	Other	4244126
Katherine Mary Siino	Director - internal review	1 Mar 2004	Other	1666402
Edwin Lee Kerr	General counsel and assistant secretary	1 Mar 2004	Other	xxx-xx-xxxx
Katherine Siino	Director - internal review	1 Mar 2004	Other	1666402
George Randyll Feid	Executive vice president	1 Dec 2004	Other	1719576
Todd Locke Thompson	Director, policies and procedures	1 Dec 2004	Other	2247134
George Randyll Feid	President and member of the board of directors	1 Feb 2005	Other	1719576
Craig William Markham	President and member of the board of directors	1 Jul 2005	Other	1383638
Leonard Mark Bakal	Chief compliance officer and aml officer	1 Jul 2005	Other	2537778
Robert Henry Petersen	Chief financial officer	1 Jul 2005	Other	361234
Virgelan Ernesto Aquino	Director of operations	1 Jul 2005	Other	2976229
Michael Kevin Farrell	Member of the board of directors	1 Jul 2005	Other	854508
William John Toppeta	Member of the board of directors	1 Jul 2005	Other	2835140
Gwenn Louise Carr	Secretary	1 Jul 2005	Other	xxx-xx-xxxx
Anthony James Williamson	Treasurer	1 Jul 2005	Other	xxx-xx-xxxx
Nancy Louise Ricciardi	Senior registered options principal	1 Jul 2005	Other	1901005
Paul G. Cellupica	Chief legal officer	1 Jul 2005	Other	xxx-xx-xxxx
Paul Gerard Cellupica	Chief legal officer	1 Jul 2005	Other	xxx-xx-xxxx
Paul Cellupica	Chief legal officer	1 Jul 2005	Other	xxx-xx-xxxx
Andre Theodore Carrier	Senior registered options principal and compliance registered options principal	1 Oct 2005	Other	2257728
Norman Robert Lazarus	Chief compliance officer and aml officer	1 Dec 2005	Other	1987639
Robert Begun	Co-chief operations officer	1 Dec 2005	Other	4436053
Donald Roy Kaplan	Chief compliance officer	1 Apr 2006	Other	1727509
Jeffrey Paul Halperin	Anti-money laundering officer	1 Apr 2006	Other	2899327
Laurie Lennox	Chief compliance officer	1 Jun 2006	Other	xxx-xx-xxxx
James Dwyer	Vice president, licensing and registration	1 Aug 2006	Other	xxx-xx-xxxx
Marc Allan Cohn	Chief compliance officer, investment adviser	1 Oct 2006	Other	2464524
John Gregory Martinez	Chief financial officer	1 May 2007	Other	2210722
Eric Steigerwalt	Treasurer	1 May 2007	Other	xxx-xx-xxxx
Virgelan Ernesto Aquino	Chief compliance officer, broker dealer	1 Oct 2007	Other	2976229
John Joseph Brett	Chairman of the board	1 Mar 2008	Other	726194
Michael J Lacek	Chief legal officer	1 Mar 2008	Other	xxx-xx-xxxx
Steven Jeffrey Goulart	Treasurer	1 Aug 2009	Other	xxx-xx-xxxx
Jeffrey A Welikson	Secretary	1 Aug 2009	Other	4731011
Isaac Torres	Secretary	1 May 2010	Other	xxx-xx-xxxx
Elizabeth Mary Forget	Director	1 Jun 2012	Other	2767945
Andre Theodore Carrier	Chief operations officer	1 Apr 2013	Other	2257728
Rashid Ismail	President and chairman	1 Apr 2013	Other	5860331

Indirect Owners

The SEC currently registers 9 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Citigroup Inc.	Shareholder	1 Dec 1988	75% - 100%	52-1568099
Inc. The Travelers Insurance Group	Shareholder	1 May 1994	75% - 100%	06-0566090
Inc. Associated Madison Companies	Shareholder	1 Nov 1994	75% - 100%	58-1708749
Inc. Pfs Services	Shareholder	1 Sep 1995	75% - 100%	06-1008174
The Travelers Insurance Company	Shareholder	1 Mar 1996	75% - 100%	06-0566090
Metlife Insurance Company Of Connecticut (Formerly Travelers Insurance Company)	Shareholder	1 Mar 1996	75% - 100%	06-0566090
Citigroup Insurance Holding Corporation	Shareholder	1 Apr 2002	75% - 100%	58-1708749
Inc. Associated Madison Companies	Shareholder	1 Apr 2002	75% - 100%	13-3140258
Inc. Metlife	Parent	1 Jul 2005	75% - 100%	13-4075851

Based in New York

The principal office where Tower Square Securities, Inc. performs its advisory services is located at 1095 Avenue Of The Americas, New York, NY 10036 The mailing address of the firm is C/O Metlife Securities, Inc., New York, NY 10036. An additional office of the firm is in Bristol, VT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-578-0594 or by fax 908-552-2851. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.towersquare.com.