Telarray, LLC is a large advisory firm based in Memphis. It manages $808.28 million of regulatory assets for 593 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 14 other states.
Telarray provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 499 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Telarray, LLC is $808.28 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 9% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Telarray, LLC for their services and products based on a percentage of assets under management. 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Telarray is high net worth individuals with 215 clients and $684.47 million of assets under management. Among the 9 most similar advisory firms, Telarray has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $803.27 million for 587 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.
Telarray doesn't advise any private funds.
The company employs 20 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 13 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Warren Alvin Coleman has served as the Chief Investment Officer since 1 Jun 2005. Richard Craig Paessler joined the executive team most recently as the Chief Compliance Officer, President, Direct Owner.
The principal office where Telarray, LLC performs its advisory services is located at 700 Colonial Rd, Suite 120, Memphis, TN 38117 5191, 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 901-531-7423 or by fax 901-531-7426. The normal business hours are 8:00am-5:00pm cst on Monday - Friday. You can find more information about the New York firm at telarrayadvisors.com.