Touchstone Capital, Inc. (Sewickley)

Name: Touchstone Capital, Inc.
Address: 2607 Nicholson Road, Sewickley, PA, 15143
Telephone: (724) 933-8388

Touchstone Capital, Inc. is a large advisory firm based in Sewickley. It manages $102.71 million of regulatory assets for 553 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Florida, New Hampshire, Ohio, Pennsylvania, and Texas.

Touchstone Capital provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Touchstone Capital: assets under management

The assets under management (AUM) of Touchstone Capital, Inc. is $102.71 million. The firm's AUM has gone down by -4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $99.62 million in discretionary accounts and $3.09 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $181.79 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $618.76 thousand.

Touchstone Capital has custody of $5.77 million in cash and securities for 15 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 44% of the total AUM. The second-largest asset type is exchange traded securities, which make up 40% of the firm’s portfolio. Investments in pooled investment vehicles form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Touchstone Capital, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Touchstone Capital serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Touchstone Capital is individuals with 177 clients and $50.29 million of assets under management. Among the 8 most similar advisory firms, Touchstone Capital has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $102.71 million for 208 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Touchstone Capital doesn't advise any private funds.

Careers at Touchstone Capital, Inc.

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Theodore Stephen Kerr	President and chief compliance officer	1 Jul 2000	75% - 100%	2490934
David Simeone	Executive vice president	1 Jun 2015	Other	4371593

Based in Sewickley

The principal office where Touchstone Capital, Inc. performs its advisory services is located at 2607 Nicholson Road, Sewickley, PA 15143, which is also the mailing address of the firm. An additional office of the firm is in Pittsburgh, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (724) 933-8388 or by fax (724) 933-8395. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at facebook.com/touchstone-capital-inc-339737186100199.