Tmfs New Orleans LLC (Metairie)


Tmfs New Orleans LLC is a large advisory firm based in Metairie. It manages $63.7 million of regulatory assets for 823 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Louisiana, Mississippi, and Texas.

Tmfs New Orleans provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tmfs New Orleans: assets under management

The assets under management (AUM) of Tmfs New Orleans LLC is $63.7 million. The firm's AUM has grown by 98% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $63.5 million in discretionary accounts and $200 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $77.44 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $66.67 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tmfs New Orleans LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in Metairie

The principal office where Tmfs New Orleans LLC performs its advisory services is located at 3900 N. Causeway Boulevard Suite 100, Metairie, LA 70002, which is also the mailing address of the firm. An additional office of the firm is in Mandeville, LA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 504-830-7676 or by fax 504-836-7055. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at www.mutualfundstore.com.