Townsend Wealth Management

Townsend builds globally diversified portfolios spanning equities, fixed income, and tactical alternative exposures, calibrated to each client's risk tolerance, tax situation, and cash-flow needs. The firm uses primarily third-party mutual funds and ETFs, rebalancing systematically and harvesting tax losses annually. This approach is standard fiduciary practice in the independent RIA channel.

The firm is independently owned by its principals, with no disclosed outside private-equity backing. Many advisory practices nationally have sold stakes to aggregators, but Townsend's Columbus-based structure and lack of acquisition announcements suggest it remains closely held. This preserves the firm's ability to act without product-distribution mandates from a corporate parent.

Townsend, like most independent RIAs, uses a third-party custodian — commonly Charles Schwab, Fidelity, or Pershing — to hold client assets. The custodian is responsible for safekeeping, trade settlement, and monthly statements, while Townsend provides advisory asset management and financial planning. This separation of custody and advice is a core investor protection under the Investment Advisers Act of 1940.