{
  "crd_number": 106440,
  "slug": "tsa-management-inc-glen-head-ny-106440",
  "primary_business_name": "TSA MANAGEMENT INC",
  "legal_name": "TSA PORTFOLIO MANAGEMENT, INC. FKA TSA MANAGEMENT INC.",
  "dbas": [],
  "city": "Glen Head",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1992-05-07",
  "years_registered": 34,
  "period": "2026-10-01",
  "filing_date": "2026-03-24",
  "carried_forward": false,
  "raum_total": 1479139204.0,
  "raum_discretionary": 1424074901.0,
  "raum_non_discretionary": 55064303.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 32,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 651940702.0,
      "count": 2182
    },
    "high_net_worth_individuals": {
      "raum": 827198502.0,
      "count": 384
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "CA",
    "CO",
    "CT",
    "FL",
    "GA",
    "IL",
    "LA",
    "MA",
    "MD",
    "NC",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "PA",
    "RI",
    "SC",
    "TX",
    "VA",
    "VT",
    "WA"
  ],
  "websites": [
    "https://hallidayfinancial.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/106440",
  "city_as_filed": "GLEN HEAD",
  "url": "https://advisorcensus.com/firm/tsa-management-inc-glen-head-ny-106440",
  "display_name": "TSA Management Inc",
  "summary": "TSA Management Inc is an SEC-registered investment advisory firm in Glen Head, NY, registered since 1992, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 24, 2026.",
  "citation": "AdvisorCensus. TSA Management Inc (CRD 106440): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is TSA Management Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), TSA Management Inc reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is TSA Management Inc located?",
      "a": "TSA Management Inc's principal office is in Glen Head, NY, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is TSA Management Inc registered with the SEC or a state?",
      "a": "TSA Management Inc is an SEC-registered investment advisory firm, registered since 1992. Status as filed: Approved. CRD 106440."
    },
    {
      "q": "How much does TSA Management Inc manage?",
      "a": "TSA Management Inc reports $1,479,139,204 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (96% discretionary)."
    },
    {
      "q": "How have TSA Management Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for TSA Management Inc: Regulatory assets under management: $888,560,875 in the October 2021 data and $1,479,139,204 in the October 2026 data, up 66%. Total employees: 65 in October 2021 and 32 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does TSA Management Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (2,182); high net worth individuals (384)."
    },
    {
      "q": "Does TSA Management Inc report any disciplinary disclosures?",
      "a": "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/106440"
    },
    {
      "q": "What changed in TSA Management Inc's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $1,284,683,018 to $1,479,139,204 (+15%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 888560875.0,
      "total_employees": 65,
      "filing_date": "2021-03-24"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1160767497.0,
      "total_employees": 54,
      "filing_date": "2022-05-26"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 976688617.0,
      "total_employees": 40,
      "filing_date": "2023-08-17"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1114258972.0,
      "total_employees": 32,
      "filing_date": "2024-03-13"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1284683018.0,
      "total_employees": 33,
      "filing_date": "2025-03-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1479139204.0,
      "total_employees": 32,
      "filing_date": "2026-03-24"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $1,284,683,018 to $1,479,139,204 (+15%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/tsa-management-inc-glen-head-ny-106440.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 2182,
      "fewer_than_5": false,
      "raum": 651940702.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 384,
      "fewer_than_5": false,
      "raum": 827198502.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/106440",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}