Thomaspartners, Inc. (Boston)

Name: Thomaspartners, Inc.
Address: One International Place, Boston, MA, 02110 2600
Telephone: 781-431-1430

Thomaspartners, Inc. is a large advisory firm based in Boston. It manages $14.6 billion of regulatory assets for 43,468 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Thomaspartners 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.

Thomaspartners: assets under management

The assets under management (AUM) of Thomaspartners, Inc. is $14.6 billion. The firm's AUM has grown by 8718% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $14.58 billion in discretionary accounts and $14.93 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $335.51 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.73 million.

Thomaspartners has custody of $334.76 million in cash and securities for 423 clients in total and its related person acts as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Thomaspartners, Inc. 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.

Careers at Thomaspartners, Inc.

The company employs 33 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. 20 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Bryan Larry Olson has been acting as President since 1 Dec 2012. Thomas Henry Dorsky joined the executive team most recently as the Chief Operations Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Roger Shorey Walker	Chairman	1 Jul 1970	50% - 75%	457345
Gregory Nelson Thomas	Senior vice president and chief investment strategist	1 Jun 2001	Other	445150
David R. Ryder	Stockholder	1 Jun 2001	Other	4767238
David Ross Ryder	Stockholder	1 Jun 2001	Other	4767238
William Patrick Mcmahon	Vice president	1 Sep 2002	Other	4280588
Gerald R Mueller	Treasurer	1 Oct 2003	Other	2469252
Gerald Robert Mueller	Treasurer	1 Oct 2003	Other	2469252
William Patrick Mcmahon	Senior vice president and chief investment officer	1 Dec 2008	Other	4280588
Brian Murstein	Treasurer & chief compliance officer	1 Jan 2012	Other	3101594
Bryan Larry Olson	President	1 Dec 2012	Other	2804409
William F Quinn	Senior vice president and treasurer	1 Dec 2012	Other	1638662
Marc William Mcdonough	Vice president and chief operating officer	1 Dec 2012	Other	2319101
Rhett Charles Bratt	Chief financial officer	1 Dec 2012	Other	2705671
The Charles Schwab Corporation	100% owner	1 Dec 2012	75% - 100%	94-3025021
Bryan L Olson	President	1 Dec 2012	Other	2804409
Ann Marie Swanson	Chief compliance officer	1 May 2013	Other	4684405
Alyssa Duffy	Director - legal counsel	1 Jul 2013	Other	4917358
Michael Edward Gillespie	Chief compliance officer	1 Feb 2015	Other	1454804
Marlene Marie Laure Bates	Chief financial officer	1 Dec 2015	Other	5033442
Thomas Henry Dorsky	Chief operations officer	1 May 2016	Other	2448232
Richard A Wurster	Chief executive officer	1 Jul 2016	Other	6638804

Based in Boston

The principal office where Thomaspartners, Inc. performs its advisory services is located at One International Place, Boston, MA 02110 2600, which is also the mailing address of the firm. An additional office of the firm is in Burlington, VT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 781-431-1430 or by fax 781-591-3375. The normal business hours are 8-5 on Monday - Friday. You can find more information about the New York firm at thomaspartnersinc.com.