Tranquility Partners, LLC (Brentwood)

Tranquility Partners, LLC is a large advisory firm based in Brentwood. It manages $176.28 million of regulatory assets for 271 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Tennessee and Texas.

Tranquility Partners provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tranquility Partners: assets under management

The assets under management (AUM) of Tranquility Partners, LLC is $176.28 million. The firm's AUM has grown by 74% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $165.27 million in discretionary accounts and $11 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $709.33 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $289.52 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 40% of the total AUM. The second-largest asset type is exchange traded securities, which make up 29% of the firm’s portfolio. Investments in cash and cash equivalents form 13% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Tranquility Partners, LLC for their services and products based on a percentage of assets under management. 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 Tranquility Partners serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Tranquility Partners is high net worth individuals with 33 clients and $166.93 million of assets under management. Among the 8 most similar advisory firms, Tranquility Partners has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $176.28 million for 72 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.

Tranquility Partners doesn't advise any private funds.

Careers at Tranquility Partners, LLC

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 5 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Golladay Baker	Ceo	1 Oct 2015	50% - 75%	2850941
John Kerstan Crawford	Coo/cco	1 Oct 2015	50% - 75%	6641949

Based in Brentwood

The principal office where Tranquility Partners, LLC performs its advisory services is located at 5214 Maryland Way, Brentwood, TN 37027, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 615-432-5370 or by fax N/A. The normal business hours are 8:00am-5:00pm on Monday - Friday.