Overview
TPG Advisors, LLC d/b/a The Planning Group (hereinafter “TPG”) is a Limited Liability
Company organized in the State of Illinois. The firm was formed in June 2018, and the
principal owners are NJ Brown & Associates, Barron Wealth Management and Shuman
Financial Consulting, LLC.
Portfolio Management Services
TPG offers ongoing portfolio management services based on the individual goals,
objectives, time horizon, and risk tolerance of each client. TPG creates an Investment
Policy Statement for each client, which outlines the client’s current situation (income, tax
levels, and risk tolerance levels) and then constructs a plan to aid in the selection of a
portfolio that matches each client's specific situation. Portfolio management services
include, but are not limited to, the following:
• Investment strategy • Personal investment policy
• Asset allocation • Asset selection
• Risk tolerance • Regular portfolio monitoring
TPG evaluates the current investments of each client with respect to their risk tolerance
levels and time horizon. TPG will require discretionary authority from clients in order to
select securities and execute transactions without permission from the client prior to each
transaction. Risk tolerance levels are documented in the Investment Policy Statement,
which is given to each client.
TPG seeks to provide that investment decisions are made in accordance with the fiduciary
duties owed to its accounts and without consideration of TPG’s economic, investment or
other financial interests. To meet its fiduciary obligations, TPG attempts to avoid, among
other things, investment or trading practices that systematically advantage or
disadvantage certain client portfolios, and accordingly, TPG’s policy is to seek fair and
equitable allocation of investment opportunities/transactions among its clients to avoid
favoring one client over another over time. It is TPG’s policy to allocate investment
opportunities and transactions it identifies as being appropriate and prudent among its
clients on a fair and equitable basis over time.
TPG may direct clients to third-party investment advisers to manage all or a portion of the
client's assets. Before selecting other advisers for clients, TPG will always ensure those
A. Description of the Advisory Firm
B.
Types of Advisory Services
other advisers are properly licensed or registered as an investment adviser. TPG then
makes investments with a third-party investment adviser by referring the client to the
third-party adviser. TPG will not review the ongoing performance of the third-party
adviser as a portion of the client's portfolio.
Financial Planning
Financial plans and financial planning may include but are not limited to: investment
planning; life insurance; tax concerns; retirement planning; college planning; and
debt/credit planning.
Services Limited to Specific Types of Investments
TPG generally limits its investment advice to mutual funds, fixed income securities, real
estate funds (including REITs), insurance products including annuities, equities, ETFs
(including ETFs in the gold and precious metal sectors), treasury inflation
protected/inflation linked bonds and non-U.S. securities, although TPG primarily
recommends strategic asset allocation of mutual funds and ETFs. TPG may use other
securities as well to help diversify a portfolio when applicable.
TPG will tailor a program for each individual client. This will include an interview session
to get to know the client’s specific needs and requirements as well as a plan that will be
executed by TPG on behalf of the client. TPG may use model allocations together with a
specific set of recommendations for each client based on their personal restrictions, needs,
and targets. Clients may impose restrictions in investing in certain securities or types of
securities in accordance with their values or beliefs. However, if the restrictions prevent
TPG from properly servicing the client account, or if the restrictions would require TPG
to deviate from its standard suite of services, TPG reserves the right to end the relationship.
A wrap fee program is an investment program where the investor pays one stated fee that
includes management fees, transaction costs, and certain other administrative fees. TPG
does not participate in wrap fee programs.
TPG has the following assets under management:
Discretionary Amounts: Non-discretionary Amounts: Date Calculated:
C. Client Tailored Services and Client Imposed Restrictions
D. Wrap Fee Programs
E. Assets Under Management
$ 194,013,225 $ 13,355,490
December 31, 2023