Thomas White International Ltd is a large advisory firm based in Chicago. It manages $732.84 million of regulatory assets for 905 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 31 other states.
Thomas White International provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Thomas White International Ltd is $732.84 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 95% since the beginning of its operation, and $48.34 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Thomas White International Ltd for their services and products based on a percentage of assets under management and performance-based 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.
The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Gabriel Joseph Mcnerney is investment companies with 3 clients and $207.38 million of assets under management. Among the 8 most similar advisory firms, Thomas White International has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $680.69 million for 902 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 4% of the firm’s clients are foreign persons or businesses.
Thomas White International also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $2,000,000 for each fund.
The company employs 14 people that are either part- or full-time employees. 36 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Gabriel Joseph Mcnerney has been acting as President since 1 Apr 2016. Douglas Mckee Jackman joined the executive team most recently as the Chief Executive Officer.
The principal office where Thomas White International Ltd performs its advisory services is located at 425 S Financial Place, Chicago, IL 60605 1000, 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 312-663-8300 or by fax 312-663-8323. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at thomaswhite.com.