Townsend Asset Management Corp.
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$473,941,194
Clients
382
Advisors
3
of 7 employees
About
Townsend Asset Management Corp. serves individuals (including high-net-worth clients), trusts, partnerships, corporations, non-profits and retirement plans, providing investment management, financial planning, consulting, and tax preparation services. The firm also offers a bundled "wealth management" service that combines investment management, financial planning, tax preparation and consulting under a single engagement.
Townsend describes a disciplined process that begins with goal-setting and resource review, and employs both fundamental and technical analysis to guide asset allocation, security selection, and ongoing portfolio monitoring; accounts are typically managed on a discretionary basis. Portfolios are generally long-term oriented but may include short-term purchases, limited option strategies, and occasional alternative investments, with quarterly performance and allocation reporting.
Noteworthy for a three-advisor firm, Townsend manages roughly $479.6 million in client assets and explicitly provides in-house tax return preparation and planning, alongside advisors who may be licensed to offer insurance or annuity products—arrangements the brochure identifies as potential conflicts of interest requiring disclosure. The firm, founded in 1982 and principally owner-operated, uses Charles Schwab for custody and also discloses the receipt of Schwab’s institutional support services and the related conflicts in its brokerage relationships.
Client services
Expertise
Occupation focus
Fee options
Flat or project fees may be quoted for consulting, tax preparation, and/or financial planning services
$0 - $2 million: 1.00% Over $2 million - $3 million: 0.90% Over $3 million - $4 million: 0.80% Over $4 million - $5 million: 0.70% Over $5 million - $6 million: 0.60% Over $6 million - $7 million: 0.50% Over $7 million - $10 million: 0.40% Over $10 million - $15 million: 0.35% Over $15 million - $20 million: 0.30% Over $20 million+: Quoted
Hourly rates for consulting, tax preparation, and/or financial planning services range from $250 to $500 per hour
Retainer fees may be charged for ongoing consulting or financial planning services
Minimum fee: Minimum fee may be required depending on the value of assets managed; specific amount not stated Fee-only: Investment advisory fees only; no commissions charged by the firm
Main office
3110 Edwards Mill Road, Ste 150
Raleigh NC 27612
Advisors at this office
3
Most active in
Florida · Louisiana · North Carolina · South Carolina · Texas · Virginia
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Quick links
Advisors at this firm
Caleb G
CFP®
Raleigh, NC
Townsend Asset Management Corp.
Caleb Griffith is a CFP® professional with 14 years of industry experience, currently serving at Townsend Asset Management Corp. in Raleigh, NC. He has been with Townsend since 2006, contributing to a firm that manages a range of clients including individuals, trusts, corporations, and non-profits. Townsend Asset Management Corp. provides investment management, financial planning, consulting, and tax preparation services, offering a bundled wealth management approach that integrates these under a single engagement. The firm employs a disciplined, goal-oriented process utilizing both fundamental and technical analysis to manage primarily long-term portfolios, with additional strategies including short-term positions and limited options.
James T
CFA®
Raleigh, NC
Townsend Asset Management Corp.
James Tarkenton is a CFA® charterholder with seven years of industry experience. He has worked at Townsend Asset Management Corp. since 2018 and previously spent nine years at Lateef Investment Management. Townsend Asset Management Corp. serves individuals, trusts, partnerships, corporations, non-profits, and retirement plans, offering investment management, financial planning, consulting, and tax preparation services. The firm employs a disciplined process combining fundamental and technical analysis to guide portfolio management and provides both standalone services and bundled wealth management engagements.
Arne M
Series 63, Series 65
Raleigh, NC
Townsend Asset Management Corp.
Arne Morris Sr. is a financial advisor at Townsend Asset Management Corp. in Raleigh, NC, holding Series 63 and Series 65 licenses with 24 years of industry experience. Prior to joining Townsend in 2017, he worked at McGladrey Wealth Management LLC for 16 years. Outside of his advisory role, he is involved as an owner and managing member of multiple investment-related firms. Townsend Asset Management Corp. serves individuals, trusts, partnerships, corporations, non-profits, and retirement plans with services including investment management, financial planning, consulting, and tax preparation. The firm employs a disciplined approach combining fundamental and technical analysis, managing portfolios primarily on a discretionary, long-term basis with integrated tax and consulting services.
Not sure where to start?
We'll help you think it through—whether you ultimately need an advisor or not. Warmer helps you compare advisors clearly, so you can choose with confidence.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Advisors are independent and may not have reviewed or updated this information. Please review an advisor’s Form ADV and do your own diligence before deciding whether to work with them.
Advisor matching and introductions are provided by FinanceHQ LLC (“FHQ”), a wholly-owned subsidiary of Warmer and an SEC-registered investment advisor. We receive compensation from certain participating advisors for introductions or referrals. This creates a conflict of interest because we have an incentive to recommend advisors who compensate us, including those who pay us more. You pay no fee to use our matching service, and advisor fees are not increased because of a referral or introduction. We do not review the ongoing performance of advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
By using our service, you agree to our Terms of Service and Advisory Agreement, and acknowledge our Privacy Policy. Please review FHQ’s ADV Part 2A and Form CRS. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. (“Warmer”)