# Townsend Wealth Management

Townsend Wealth Management is a Bank / Wealth / Trust based in Columbus, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Columbus, United States
- **Region:** North America
- **Address:** Columbus, OH, United States
- **Founded:** 1982
- **Assets under management:** Undisclosed
- **Website:** townsendwm.com
- **LinkedIn:** https://www.linkedin.com/company/1145786

## Regulatory record

- **CRD number:** 126241
- **SEC file number:** 801-120269
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/126241

## About

Townsend Wealth Management is an independent, fee-only firm providing financial planning and investment management services for families and small businesses. The firm helps clients build and preserve wealth and does not receive commissions for the sale or recommendation of financial products. It was founded to provide excellent, independent financial advice and investment management.

## Sectors

- Families and small businesses

## People

- Ken Townsend — Partner
- Tyler Townsend — Managing Partner
- Becca Covington — Operations Manager
- Laura Hood — Office Administrator

## Questions

### How does Townsend Wealth Management construct client portfolios?

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.

### Who owns Townsend Wealth Management, and is there external private equity involved?

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.

### What is the firm's custody and brokerage arrangement?

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.

## Related profiles

- [Townsend Asset Management](https://altss.com/profile/townsend-asset-management)
- [Toyo Securities](https://altss.com/profile/toyo-securities)

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Last updated: 2026-08-11T15:08:22.057Z

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