Titleist Asset Management exceeds $ 1 billion in assets under management | Texas News


SAN ANTONIO, September 15, 2021 / PRNewswire / – Titleist Asset Management Ltd. has taken an important step – $ 1.1 billion in assets under management.

This is an important step in the growth of Titleist Asset Management (TAM), founded by Byron Fields and Joe-Ben O’Banion in 2003. Fields and O’Banion started the firm without any existing clients and have grown at an annualized rate of 36% over the past 18 years. TAM has a double seat at Austin and San Antonio, with additional offices in Dallas, Houston, Miami and New York City.

The recent Financial Advisor (FA) magazine ranking as the fastest growing registered investment advisor (RIA) firm once again demonstrates TAM’s growth. Texas and the 19th fastest growing in the country among companies with at least $ 500 million in assets under management (AUM). TAM increased its assets under management by 54.79% from 2019 to 2020. Unlike most of the fastest growing companies, TAM has achieved this growth organically rather than through acquisition. TAM added just two investment advisers in 2020, accounting for less than 10% of that growth.

“One of the main drivers of our success can be attributed to the alignment of interests between our firm, our clients and our advisors,” said Fields. “I believe we have the team and the culture that will allow this company to accomplish great things in the future.”

“Our initial operational intention was not simply to create a consulting firm to compete in the market. Instead, our strategic imperative was to create a work culture with an entrepreneurial spirit focused on generating excellent investment results for our clients, ”O’Banion mentioned. “With this goal in mind, there is no doubt that we can achieve $ 2 billion To $ 3 billion of assets under management over the next two years.

For media inquiries contact Dave smidbush: [email protected]

About Titleist Asset Management

Founded in 2003, Titleist Asset Management Ltd. is an SEC Registered Investment Advisor and FINRA Registered Broker / Trader that provides comprehensive portfolio solutions tailored to the unique needs of financial professionals and their clients. Titleist’s platform gives advisors access to industry-leading clearing and custody, cutting-edge technology and access to a team of investment professionals specializing in asset allocation, the stock analysis and financial planning. The company’s business model centers on creating a platform that helps advisors navigate an increasingly complex investment landscape and emphasizes aligning interests between l company, advisor and client. Titleist is a member of FINRA, MSRB and SIPC. For more information visit www.tamgmt.com.

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SOURCE Titleist Asset Management


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