# Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L

> Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L is an SEC-registered investment advisory firm in Troy, MI, registered since 2018, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 9, 2026.

- CRD: 156177
- Filed as: TAYLOR & MORGAN ASSET MANAGEMENT, LLC D/B/A TM ADVISORS, L
- Legal name: Taylor & Morgan Wealth Management, LLC
- Also doing business as: TAYLOR & MORGAN QUAYLE FINANCIAL, LLC, TM ADVISORS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Troy, MI
- Filing period: October 2026
- Form ADV filing dated: March 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/156177
- AdvisorCensus page: https://advisorcensus.com/firm/taylor-and-morgan-asset-management-llc-d-b-a-tm-advisors-l-troy-mi-156177

## Quick answers

**How is Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L compensated?**
On its Form ADV (Item 5.E, October 2026), Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L reports these compensation arrangements: a percentage of assets under its management; hourly charges. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L located?**
Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L's principal office is in Troy, MI, according to its Form ADV; the April 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

**Is Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L registered with the SEC or a state?**
Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 156177.

**How much does Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L manage?**
Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L reports $512,510,120 in regulatory assets under management in its Form ADV filing dated March 9, 2026 (92% discretionary).

**How have Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L's assets and staff changed since 2021?**
In the Form ADV data for Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L: Regulatory assets under management: $209,000,000 in the October 2021 data and $512,510,120 in the October 2026 data, up 145%. Total employees: 7 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (357); high net worth individuals (63); pension and profit sharing plans (but not the plan participants or government pension plans) (30).

**Which custodians does Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L use?**
Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/156177

**What changed in Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $326,999,538 to $512,510,120 (+57%). Changed its office addresses in Charlotte, NC.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $512,510,120
- Discretionary: $469,818,445
- Non-discretionary: $42,691,675

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 357 | $141,880,344 |
| High net worth individuals | 63 | $278,982,136 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 30 | $88,765,505 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 1 | $2,814,343 |
| Other | 1 | $67,792 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Educational seminars/workshops
- Other

### Firm details
- Registered since: 2018 (8 years)
- Employees: 8 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, GA, IL, MI, NC, NH, OH, SC, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Charlotte, NC
- Flint, MI
- Grand Blanc, MI

### Websites listed on Form ADV (Item 1.I)
- [tmadvisors.com](https://tmadvisors.com)
- [tmcpa.com/ASSETMANAGEMENT](https://tmcpa.com/ASSETMANAGEMENT)
- Facebook @TAYLORANDMORGAN

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $209,000,000 | 7 | March 22, 2021 |
| October 2022 | $254,147,833 | 8 | April 12, 2022 |
| October 2023 | $223,147,281 | 7 | September 10, 2023 |
| October 2024 | $277,511,235 | 7 | January 31, 2024 |
| October 2025 | $326,999,538 | 7 | January 17, 2025 |
| October 2026 | $512,510,120 | 8 | March 9, 2026 |

Regulatory assets under management: $209,000,000 in the October 2021 data and $512,510,120 in the October 2026 data, up 145%.
Total employees: 7 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $326,999,538 to $512,510,120 (+57%).
- Changed its office addresses in Charlotte, NC.

### January 2026
- Employees performing advisory functions went from 6 to 7.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Taylor & Morgan Asset Management, LLC D/B/A TM Advisors, L (CRD 156177): Form ADV filing data as of October 2026.