DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Townsend Holdings LLC
Latest filing Mar 30, 2026
First filing on the tape Dec 12, 2011 · 51 filings
SEC status approved since Jan 10, 2012
RAUM
$20B
reported, Item 5.F
Discretionary
80%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
110
73 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
37
reported on Schedule D
History
51 filings and snapshots on the tape
RAUM$20B as of Mar 30, 2026
Mar 30, 2012$6.8B then
HNW client RAUM$0 as of Mar 30, 2026
Mar 30, 2020$0 then
State-registered IARs (5.B.3)1 as of Mar 30, 2026
Apr 1, 20130 then
Employees (5.A)110 as of Mar 30, 2026
Apr 1, 201379 then
Private funds37 as of Mar 30, 2026
Mar 30, 201219 then
RAUM n/a over the last fiscal year-6.3% a year over three
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
- Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
- OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $20BderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $293MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 80%derivedof RAUM
- Institutional
- 82%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 110.0derivedItem 5.A over advisors
- Advisors per office
- 0.2derived5 offices incl. principal (1.F.5)
- RAUM growth, one year
- unknownderivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, hourly, fixed fees, performance-based, otherreportedItem 5.E
- Advisory activities
- portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
- Custody
- $2.7B, 16 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- an independent public accountant performs a surprise examination (9.C.1)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pension and profit-sharing plans$14B72%
- Pooled investment vehicles$3.3B17%
- State and municipal entities$2.0B10%
- Other investment advisers$203M1.0%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 45reported
- Charitable clients
- 0reported
- Accounts
- 67reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $2.7B for 16 clientsreported
- Compensation
- % of AUM, fixed, hourly, performancereported
- Class basis
- private_client_share=0.0 fund_share=0.18 institutional_share=0.82 related_bd=false related_bank=true bd_reps=1.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
51 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| East Sea Main Fund, LP | Other Private Fund | $1.0B | 2 | Mar 30, 2023 |
| Townsend Global (Lux) Series Fcp-Raif | Other Private Fund | $652M | 5 | Mar 30, 2021 |
| Townsend Real Estate Alpha Fund III, L.P. | Other Private Fund | $599M | 185 | Feb 9, 2017 |
| Townsend Real Estate Fund, LP | Other Private Fund | $545M | 11 | Mar 30, 2015 |
| Jdpt Fund, L.P. | Other Private Fund | $541M | 2 | Mar 31, 2014 |
| East Sea Sidecar, LP | Other Private Fund | $518M | 2 | Mar 30, 2023 |
| Gpf Real Estate LP | Other Private Fund | $446M | 2 | Apr 1, 2013 |
| Lake Tahoe IV, L.P. | Other Private Fund | $442M | 2 | Mar 31, 2019 |
| West Lake II, L.P. | Other Private Fund | $399M | 1 | Mar 31, 2019 |
| Gre Partnership Iia Co-Investment L.P. | Other Private Fund | $363M | 2 | Mar 30, 2021 |
| Townsend Real Estate Fund - E, L.P. | Other Private Fund | $324M | 20 | Mar 31, 2019 |
| Great Lakes Ndt, LP | Other Private Fund | $298M | 3 | Mar 30, 2020 |
| Voltesso Fund S.C.Sp. Sicav-Raif | Other Private Fund | $293M | 6 | Mar 30, 2021 |
| Townsend Strategic Ventures, LP | Other Private Fund | $273M | 2 | Mar 30, 2021 |
| West Lake, L.P. | Other Private Fund | $251M | 1 | Mar 30, 2015 |
| Townsend Real Estate Alpha Fund II, LP | Other Private Fund | $243M | 231 | Mar 30, 2015 |
| Townsend Balanced Real Estate Fund | Other Private Fund | $223M | 129 | Dec 12, 2011 |
| Great Plains Pension, LP | Other Private Fund | $216M | 1 | Mar 30, 2020 |
| Sullivan Way Private Real Estate Fund, LP | Other Private Fund | $204M | 2 | Mar 30, 2022 |
| Kkt, L.P. | Other Private Fund | $192M | 2 | Mar 30, 2022 |
| The Townsend Consortium Fund, L.P.no longer reported | Other Private Fund | $166M | 4 | Dec 12, 2011 |
| Lake Tahoe III, L.P. | Other Private Fund | $163M | 2 | Mar 23, 2016 |
| Gre Partnership Iib L.P. | Other Private Fund | $129M | 2 | Mar 30, 2021 |
| Townsend Real Estate Alpha Fund I, L.P. | Other Private Fund | $124M | 137 | Dec 12, 2011 |
| Gre Partnership Iia L.P. | Other Private Fund | $89.6M | 2 | Mar 30, 2021 |
| Townsend Opportunity Zone Fund, LP | Other Private Fund | $84.3M | 3 | Mar 30, 2021 |
| Cayuga Lake Fund, L.P. | Other Private Fund | $78.0M | 2 | Dec 12, 2011 |
| Penn Square Global Real Estate Fund I, L.P. | Other Private Fund | $76.5M | 99 | Dec 12, 2011 |
| Deere & Company Welfare Benefit Fund, LP | Other Private Fund | $74.2M | 2 | Mar 30, 2022 |
| Lake Tahoe II, L.P. | Other Private Fund | $66.8M | 2 | Apr 1, 2013 |
| Penn Square Global Real Estate Fund II, L.P. | Other Private Fund | $65.4M | 64 | Dec 12, 2011 |
| Townsend Europe Logistics Venture II Korea Feeder, LP | Other Private Fund | $64.0M | 1 | Mar 30, 2020 |
| Sa Special Situations Partnership, L.P. | Other Private Fund | $60.7M | 2 | Mar 23, 2016 |
| Commonfund Strategic Solutions Real Estate Opportunity Fund 2014, L.P. | Other Private Fund | $50.4M | 49 | Mar 30, 2015 |
| Commonfund Strategic Solutions Real Estate Opportunity Fund 2011, L.P. | Other Private Fund | $38.9M | 37 | Dec 12, 2011 |
| Townsend Re Global Special Situations, L.P. | Other Private Fund | $38.8M | 1 | Mar 31, 2019 |
| Kvt, L.P. | Other Private Fund | $31.0M | 2 | Mar 30, 2018 |
| Lake Tahoe, L.P.no longer reported | Other Private Fund | $27.0M | 2 | Dec 12, 2011 |
| Strategic Real Estate Fund-2001, L.P.no longer reported | Other Private Fund | $17.9M | 115 | Dec 12, 2011 |
| Profimex Global Real Estate Fund I, L.P. | Other Private Fund | $17.4M | 49 | Mar 30, 2012 |
Owners and control persons
Schedule A and B, latest filing
- Demetrio Anthony Frammartino · Chairman And Ceocontrolsince 05/2022 · owns less than 5%
- Lee Ronald Weihrauch · Chief Operating Officercontrolsince 03/2018 · owns less than 5%
- Brooke Aimee May · Chief Compliance Officersince 12/2019 · owns less than 5%
- Michael Brian White · Chief Financial Officersince 01/2015 · owns less than 5%
Entity owners
- Townsend Blocker Corp. · Memberdirect · owns 75% or more
- Rvf Am Buyer Corp · Ownerindirect · owns 75% or more of Townsend Blocker Corp.
- Rvf Am, I LLC · Ownerindirect · owns 75% or more of Rvf Am Buyer Corp
- Trc Rvf Am, LLC · Ownerindirect · owns 25% to 50% of Rvf Am, I LLC
Related persons
Schedule D 7.A
- Cerep III Secondary Manager, LLCbankpooled vehicle sponsory
- Cfssg Real Estate Partners I, LLCpooled vehicle sponsory
- Cfssg Real Estate Partners II, LLCbankpooled vehicle sponsory
- East Sea Gp, LLCbankpooled vehicle sponsory
- Gpe IV Korea Feeder General Partner, LLCbankpooled vehicle sponsory
- Jdpt Manager, LLCbankpooled vehicle sponsory
- Kkt Gp, LLCbankpooled vehicle sponsory
- Kvt Gp, LLCbankpooled vehicle sponsory
- Lake Erie Real Estate General Partner Limitedbankpooled vehicle sponsory
- Lake Tahoe II Gp, LLCbankpooled vehicle sponsory
- Lake Tahoe III Gp, LLCbankpooled vehicle sponsory
- Lake Tahoe IV Gp, LLCbankpooled vehicle sponsory
- Njm Fund Gp LLCbankpooled vehicle sponsory
- Penn Square Manager II, LLCbankpooled vehicle sponsory
- Sa Special Situations General Partner, LLCbankpooled vehicle sponsory
- Tg Voltesso Gp S.A.R.L.bankpooled vehicle sponsory
- The Key West Saxon Group, LLCbankpooled vehicle sponsory
- The Townsend Group LLCpooled vehicle sponsory
- Townsend Alpha Manager I, LLCbankpooled vehicle sponsory
- Townsend Alpha Manager II, LLCbankpooled vehicle sponsory
- Townsend Alpha Manager III, L.P.bankpooled vehicle sponsory
- Townsend Capital Solutions Manager IV, LLCbankpooled vehicle sponsory
- Townsend Great Lakes And Plains Gp, LLCbankpooled vehicle sponsory
- Townsend Group Asia Ltd.investment advisery
- Townsend Group Europe Limitedinvestment advisery
- Townsend Opportunity Zone Fund Gp, LLCbankpooled vehicle sponsory
- Townsend Re Global Gp Limitedbankpooled vehicle sponsory
- Townsend Ref Gp, LLCbankpooled vehicle sponsory
- Townsend Strategic Ventures Gp, LLCbankpooled vehicle sponsory
- Ttg Core Plus Investments , LLCbankpooled vehicle sponsory
Advisers that list Townsend Holdings LLC as a related person
Offices
Schedule D 1.F, the 25 largest
- London, United Kingdom16 employees
- Central, Hong Kong9 employees
- San Francisco, CA8 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- unusually large average accountStatic outlier · filing Mar 30, 2026RAUM per account of $293,180,728 against a peer median of $33,688,642 (45 comparable advisers, 100.0th percentile, 6.8 robust deviations)peers: institutional managers, $5B to $20B (45) · 100% percentile
- large related person networkStatic outlier · filing Mar 30, 2026related persons on Schedule D 7.A of 34.0 against a peer median of 8.0 (33 comparable advisers, 100.0th percentile, 4.4 robust deviations)peers: institutional managers, $5B to $20B (33) · 100% percentile
What changed
consecutive filings, newest first
- Accounts · 64 to 67Jan 12, 2026 to Mar 30, 2026
- Advisory employees · 70 to 73Jan 12, 2026 to Mar 30, 2026
- Pension plan clients · 24 to 45Jan 12, 2026 to Mar 30, 2026
- Pooled vehicle clients · 36 to 16Jan 12, 2026 to Mar 30, 2026
- Assets in custody · $8.2B to $2.7BJan 12, 2026 to Mar 30, 2026
- Employees · 107 to 110Jan 12, 2026 to Mar 30, 2026
- Discretionary RAUM · $17B to $16BJan 12, 2026 to Mar 30, 2026
- Non-discretionary RAUM · $2.8B to $3.9BJan 12, 2026 to Mar 30, 2026
- Pension RAUM · $6.9B to $14BJan 12, 2026 to Mar 30, 2026
- Pooled vehicle RAUM · $8.8B to $3.3BJan 12, 2026 to Mar 30, 2026
- RAUM · $19B to $20BJan 12, 2026 to Mar 30, 2026
- Other offices · 3 to 4May 1, 2025 to Sep 30, 2025
- Accounts · 69 to 64Aug 21, 2024 to May 1, 2025
- Advisory employees · 81 to 70Aug 21, 2024 to May 1, 2025
- Charity clients · 1 to 0Aug 21, 2024 to May 1, 2025
- Pension plan clients · 23 to 24Aug 21, 2024 to May 1, 2025
- Pooled vehicle clients · 35 to 36Aug 21, 2024 to May 1, 2025
- Assets in custody · $7.0B to $8.2BAug 21, 2024 to May 1, 2025
- Employees · 120 to 107Aug 21, 2024 to May 1, 2025
- Financial planning clients · unset to Aug 21, 2024 to May 1, 2025
- Private funds · 35 to 37Aug 21, 2024 to May 1, 2025
- Discretionary RAUM · $18B to $17BAug 21, 2024 to May 1, 2025
- Non-discretionary RAUM · $4.5B to $2.8BAug 21, 2024 to May 1, 2025
- Pension RAUM · $9.1B to $6.9BAug 21, 2024 to May 1, 2025
- Pooled vehicle RAUM · $7.6B to $8.8BAug 21, 2024 to May 1, 2025
- RAUM · $22B to $19BAug 21, 2024 to May 1, 2025
- Other offices · 5 to 3Mar 28, 2024 to Aug 21, 2024
- Private funds · 39 to 35Mar 28, 2024 to Aug 21, 2024
- Related broker-dealer · true to falseMar 28, 2024 to Aug 21, 2024
- Accounts · 68 to 69Feb 6, 2024 to Mar 28, 2024
- Advisory employees · 82 to 81Feb 6, 2024 to Mar 28, 2024
- BD registered reps · 2 to 1Feb 6, 2024 to Mar 28, 2024
- Pension plan clients · 20 to 23Feb 6, 2024 to Mar 28, 2024
- Pooled vehicle clients · 39 to 35Feb 6, 2024 to Mar 28, 2024
- Assets in custody · $8.5B to $7.0BFeb 6, 2024 to Mar 28, 2024
- Employees · 122 to 120Feb 6, 2024 to Mar 28, 2024
- State-registered IARs · 2 to 1Feb 6, 2024 to Mar 28, 2024
- Discretionary RAUM · $19B to $18BFeb 6, 2024 to Mar 28, 2024
- Non-discretionary RAUM · $5.3B to $4.5BFeb 6, 2024 to Mar 28, 2024
- Pension RAUM · $8.5B to $9.1BFeb 6, 2024 to Mar 28, 2024
Signals
3 dated events
- Demetrio Anthony Frammartino (President) appeared on Schedule A of Townsend Holdings LlcMay 18, 2022 · Control person joined · fact
- Richard Terrance Ahern (Elected Manager, Chief Executive Officer & Member) no longer on Schedule A of Townsend Holdings Llc (listed 2022-03-30, absent 2022-05-18)May 18, 2022 · Control person left · inference
- Townsend Holdings Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)Dec 12, 2011 · Succession (Item 4) · fact
Across DFX
shared identifiers only, never a name match
- Townsend Holdings LLC · Independent Sponsorsshared crd · capital_provider
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/the-townsend-group/posts/?feedView=allreportedpublic record, Form ADV, Sep 17, 2026
- Website
- TOWNSEND.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 216-781-9090reportedpublic record, Form ADV, Mar 30, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Institutional managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026