# Townsend Asset Management Corp.

> Townsend Asset Management Corp. is an SEC-registered investment advisory firm in Raleigh, NC, registered since 1982, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 27, 2026.

- CRD: 108216
- Filed as: TOWNSEND ASSET MANAGEMENT CORP.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Raleigh, NC
- Filing period: October 2026
- Form ADV filing dated: February 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/108216
- AdvisorCensus page: https://advisorcensus.com/firm/townsend-asset-management-corp-raleigh-nc-108216

## Quick answers

**How is Townsend Asset Management Corp. compensated?**
On its Form ADV (Item 5.E, October 2026), Townsend Asset Management Corp. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does Townsend Asset Management Corp. charge?**
Its Form ADV Part 2A brochure dated February 27, 2026 states: Hourly rate: $250 to $500 an hour (consulting, tax preparation and/or financial planning). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Townsend Asset Management Corp. located?**
Townsend Asset Management Corp.'s principal office is in Raleigh, NC, according to its Form ADV.

**Is Townsend Asset Management Corp. registered with the SEC or a state?**
Townsend Asset Management Corp. is an SEC-registered investment advisory firm, registered since 1982. Status as filed: Approved. CRD 108216.

**How much does Townsend Asset Management Corp. manage?**
Townsend Asset Management Corp. reports $479,589,639 in regulatory assets under management in its Form ADV filing dated February 27, 2026 (97% discretionary).

**How have Townsend Asset Management Corp.'s assets and staff changed since 2021?**
In the Form ADV data for Townsend Asset Management Corp.: Regulatory assets under management: $299,925,879 in the October 2021 data and $479,589,639 in the October 2026 data, up 60%. Total employees: 7 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Townsend Asset Management Corp. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (264); high net worth individuals (118); charitable organizations (12).

**Which custodians does Townsend Asset Management Corp. use?**
Townsend Asset Management Corp.'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 Townsend Asset Management Corp. 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/108216

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated February 27, 2026)

- Hourly rate: $250 to $500 an hour (consulting, tax preparation and/or financial planning)

> Hourly rates normally range from $250-$500.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### 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: $479,589,639
- Discretionary: $465,188,917
- Non-discretionary: $14,400,722

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 264 | $84,568,847 |
| High net worth individuals | 118 | $389,372,347 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 4 | $3,888,706 |
| Charitable organizations | 12 | $544,525 |
| Corporations or other businesses not listed above | 6 | $1,215,214 |

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

### Firm details
- Registered since: 1982 (43 years)
- Employees: 7 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, LA, NC, SC, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- northcarolinawealthmanagers.com
- Facebook @TOWNSEND-ASSET-MANAGEMENT-CORP-162005293818878
- LinkedIn @townsend-asset-management-corp-

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $299,925,879 | 7 | May 17, 2021 |
| October 2022 | $367,101,234 | 8 | May 11, 2022 |
| October 2023 | $346,302,064 | 10 | March 14, 2023 |
| October 2024 | $401,407,968 | 8 | March 15, 2024 |
| October 2025 | $445,575,200 | 8 | March 11, 2025 |
| October 2026 | $479,589,639 | 7 | February 27, 2026 |

Regulatory assets under management: $299,925,879 in the October 2021 data and $479,589,639 in the October 2026 data, up 60%.
Total employees: 7 in October 2021 and 7 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Townsend Asset Management Corp. (CRD 108216): Form ADV filing data as of October 2026.