Toews Corporation
- Regulatory AUM
- $1.0B
- Discretionary
- $1.0B
- Clients
- 129
- Avg AUM / client
- $8.0M
- Accounts
- 129
- Employees
- 20
AUM over time
Annual snapshots from Form ADV filings · as of Mar 26, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 113 | $13.9M | 1.34% |
| High net worth individuals | 4 | $3.4M | 0.33% |
| Investment companies | 8 | $1.0B | 98.3% |
| Charitable organizations | 1 | $15.4K | 0.0% |
| Corporations and other businesses | 3 | $472K | 0.05% |
People (15)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Phillip Ray Toews | Ceo, Sole Shareholder And Sole Director | Oct 1994 (32y) | 75% or more | |
| Eben Timothy Burr | President | May 2010 (16y) | Less than 5% | |
| Jason Andrew Graffius | Chief Operating And Financial Officer | Mar 2017 (9y) | Less than 5% | |
| Yu Jin Kim | Chief Compliance Officer | May 2021 (5y) | Less than 5% | |
| Randall Dean Schroeder | Registered representative | Jan 2001 (26y) | ||
| Charles Joseph Collins | Registered representative | Mar 2017 (9y) | ||
| Landon Gould | Registered representative | Nov 2017 (9y) | ||
| Sandy L Alkins | Registered representative | Feb 2020 (6y) | ||
| Joshua Spielman Glazer | Registered representative | Oct 2020 (6y) | ||
| Donald Blake Jordan | Registered representative | Dec 2020 (6y) | ||
| Eric Esposito | Registered representative | Aug 2023 (3y) | ||
| Cory James Kendall | Registered representative | Aug 2023 (3y) | ||
| John Waldron Sullivan | Registered representative | Nov 2023 (3y) | ||
| Christopher Michael Collins | Registered representative | Nov 2023 (3y) | ||
| Jacob Arthur Gayle | Registered representative | Jan 2026 (1y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/26/2026 | 1.12 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: THE ORDER ALLEGES THAT BETWEEN 2017 TO 2022 TOEWS, CAST PROXY VOTES IN CONNECTION WITH SHAREHOLDER MEETINGS ON BEHALF OF FUNDS MANAGED BY TOEWS ("TOEWS FUNDS") WITHOUT TAKING STEPS TO DETERMINE WHETHER THE VOTES WERE CAST IN CLIENTS' BEST INTERESTS, AND WITHOUT IMPLEMENTING POLICIES AND PROCEDURES REASONABLY DESIGNED TO ENSURE THAT TOEWS VOTED PROXIES IN CLIENTS' BEST INTERESTS. THE ORDER ALLEGES THAT TOEWS DIRECTED A THIRD-PARTY SERVICE PROVIDER THAT TOEWS ENGAGED TO VOTE CLIENT PROXIES TO ALWAYS VOTE ALL OF THE TOEWS FUNDS' SECURITIES IN FAVOR OF THE PROPOSALS PUT FORTH BY THE ISSUERS' MANAGEMENT AND AGAINST ANY SHAREHOLDER PROPOSALS. THE SEC ACKNOWLEDGED IN THE ORDER THAT AS OF JANUARY 2022, TOEWS HAS REVISED ITS PROXY VOTING POLICIES AND PROCEDURES TO ADDRESS THE ISSUES RAISED IN THE ORDER. Status: Final Sanction Detail: TOEWS PAID THE PENALTY AMOUNT IN FULL ON 09/21/2022. Summary: ON SEPTEMBER 20, 2022, THE SEC ISSUED AN ADMINISTRATIVE ORDER BASED ON AN OFFER OF SETTLEMENT TENDERED BY TOEWS RELATED TO ALLEGED VIOLATIONS OF SECTIONS 206(2) AND 206(4) OF THE INVESTMENT ADVISERS ACT AND RULE 206(4)-6 THEREUNDER. AS PART OF THE SETTLEMENT, TOEWS NEITHER ADMITTED NOR DENIED THE FINDINGS IN THE ORDER ISSUED BY THE SEC. THE SEC ACKNOWLEDGED IN THE ORDER THAT AS OF JANUARY 2022, TOEWS HAS REVISED ITS PROXY VOTING POLICIES AND PROCEDURES TO ADDRESS THE ISSUES RAISED IN THE ORDER. PURSUANT TO THE SETTLEMENT, TOEWS WAS ORDERED TO CEASE AND DESIST FROM COMMITTING OR CAUSING ANY FUTURE VIOLATIONS OF SECTIONS 206(2) AND 206(4) OF THE ADVISERS ACT AND RULE 206(4)-6 THEREUNDER, TOEWS WAS CENSURED AND AGREED TO PAY A CIVIL MONEY PENALTY IN THE AMOUNT OF $150,000. TOEWS PAID THE CIVIL MONEY PENALTY ON SEPTEMBER 21, 2022.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for businesses/institutional clients
- • Educational seminars/workshops
Custody
Reported custodians
- Charles Schwab & Co. $12.7M (1% of AUM) Mar 2026
- Pershing $4.2M (0% of AUM) Mar 2025
- Prudential Annuities Distributors, Inc $1.2M (0% of AUM) Mar 2026
- Nationwide Advisory Solutions $852K (0% of AUM) Mar 2024
- Nationwide Bank $263K (0% of AUM) Mar 2024
- Security Benefit $232K (0% of AUM) Mar 2024
- Profunds Distributors, Inc. $76.9K (0% of AUM) Mar 2024
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 26, 2026.
View current Form ADV (SEC/IAPD) ↗