Tandemgrowth Financial Advisors, LLC (Alpharetta)

Name: Tandemgrowth Financial Advisors, LLC
Address: 3820 Mansell Road, Alpharetta, GA, 30022
Telephone: 770-641-6360

Tandemgrowth Financial Advisors, LLC is a large advisory firm based in Alpharetta. It manages $141.47 million of regulatory assets for 174 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Delaware, Florida, Georgia, New Hampshire, and Texas.

Tandemgrowth Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Tandemgrowth Financial Advisors: assets under management

The assets under management (AUM) of Tandemgrowth Financial Advisors, LLC is $141.47 million. The firm's AUM has grown by 220% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $139.96 million in discretionary accounts and $1.5 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $813.74 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $751.54 thousand.

Tandemgrowth Financial Advisors has custody of $16.17 million in cash and securities for 42 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 66% of the total AUM. The second-largest asset type is exchange traded securities, which make up 28% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

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

The firm provides services to individuals and high net worth individuals. The largest group of clients of Tandemgrowth Financial Advisors is high net worth individuals with 85 clients and $109.96 million of assets under management. Among the 9 most similar advisory firms, Tandemgrowth Financial Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $141.47 million for 174 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.

Tandemgrowth Financial Advisors doesn't advise any private funds.

Careers at Tandemgrowth Financial Advisors, LLC

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 3 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 compensates 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
Jon Jeffrey Bernier	Member, chief compliance officer, president, chief investment officer	1 Nov 2000	75% - 100%	1540739
James Kevin Garrett	Member	1 Sep 2006	Other	5215443

Based in Alpharetta

The principal office where Tandemgrowth Financial Advisors, LLC performs its advisory services is located at 3820 Mansell Road, Alpharetta, GA 30022, 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 770-641-6360 or by fax 770-641-6361. 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 tandemgrowth.com.