Thome Financial

Thome Financial Management is a registered investment adviser that provides discretionary investment management and hourly financial consulting to individuals, high-net-worth clients, trusts, estates, retirement plan participants, small businesses, and charitable organizations. The firm reports managing roughly $53.7 million in discretionary assets across about 26 client relationships.

The firm follows a long-term buy-and-hold, asset-allocation approach that emphasizes diversified portfolios implemented primarily with exchange-traded funds and no-load mutual funds, with consideration given to account taxability, liquidity, and client constraints. Clients complete a risk-tolerance questionnaire and client profile, portfolios are reviewed at least annually, and the firm serves in a fiduciary capacity including explicit acknowledgement of ERISA/IRA fiduciary responsibilities when advising retirement investors.

Distinctive aspects disclosed in the brochure include the firm’s status as a licensed insurance agency that offers life, health, disability and long-term care insurance—insurance commissions are earned separately from advisory fees and are identified as a potential conflict of interest—and the firm’s disclosure that about 90% of the principal’s time is spent on investment advice. The firm also serves charitable organizations (an uncommon client type among peers) and notes that representatives may receive transaction-based compensation and receive custodial support and services from its recommended custodian, which can influence operational and execution considerations.