Thomas White International Ltd (Chicago)


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.

Thomas White International: assets under management

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 firm manages $732.84 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $809.77 thousand each.
Thomas White International has custody of $26.39 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 91% of the total AUM. The second-largest asset type is investment and business development companies, which make up 5% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

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. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Gabriel Joseph Mcnerney serves?

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.

Careers at Thomas White International Ltd

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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Thomas Stuart White Chief executive officer 1 Jun 1992 75% - 100% 465398
Steven Mark Vandeventer Vice president 1 Aug 1992 Other 1872194
Douglas Mckee Jackman Executive vice president 1 Jan 1996 Other 2018927
James Ryan Conner Chief compliance officer 1 Mar 2011 Other 5234486
Gabriel Joseph Mcnerney Director 1 Apr 2016 Other 4793178
Christopher Gregory Neill Director 1 Apr 2016 Other 4943985
Harriet Elizabeth White Director 1 Apr 2016 Other 6648491
Stathy Marie White Director 1 Apr 2016 Other 1541937
Jinwen Zhang Director 1 Apr 2016 Other 6648502
Ramkumar Venkatramani Director 1 Apr 2016 Other 6648504
Douglas Mckee Jackman Chief executive officer 1 Sep 2018 Other 2018927
Jianzhong Wu Director 1 Sep 2018 Other 7031645
Yanhui Ma Senior vice president 1 Sep 2018 Other 7031653
Xiao Yan Chen Vice president 1 Sep 2018 Other 7031655

Based in Chicago

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.