# Thompson Investment Management Thompson Investment Management is a Bank / Wealth / Trust based in Madison, United States. ## Overview - **Organization type:** Bank / Wealth / Trust - **Headquarters:** Madison, United States - **Region:** North America - **Address:** Madison, WI, United States - **Founded:** 2004 - **Assets under management:** Undisclosed - **Website:** thompsoninvest.com - **LinkedIn:** https://www.linkedin.com/company/thompson-investment-management-inc ## Regulatory record - **CRD number:** 129609 - **SEC file number:** 801-62562 - **Registration status:** Registered - **Reports private funds:** No - **IAPD record:** https://adviserinfo.sec.gov/firm/summary/129609 ## About Thompson Investment Management launched in 2004 as a fiduciary-focused registered investment adviser in Madison, Wisconsin. Founder John Thompson built the practice to serve a mix of individual investors, high-net-worth families, and business entities, with an emphasis on retirement planning and discretionary portfolio management. The firm remains headquartered in Madison and operates under a straightforward advisory model that ties its revenue directly to assets under management rather than transactional commissions. The firm deploys capital across public equities, fixed income, and retirement-account strategies, managing customized portfolios rather than running commingled funds. Its public-equity approach emphasizes long-term, bottom-up security selection with a bias toward durable business models. On the fixed-income side, the firm builds laddered bond portfolios targeting capital preservation and income generation. While specific named holdings are not publicly disclosed, the firm's SEC filings confirm it manages separate accounts for individuals and retirement plan participants, with no disclosed exposure to private markets, venture capital, or alternatives. Thompson Investment Management operates from a single office in Madison with a lean team. The firm has not disclosed total regulatory assets under management or headcount in public filings. In recent years, it has integrated third-party custody and client-portal technology to streamline account reporting, though it has not announced material operational changes or new office openings in the last 24 months. The firm does not operate adjacent philanthropic vehicles, club-based investor networks, or dedicated real-asset arms. The firm's structural differentiator is its posture as a pure fiduciary in a market increasingly dominated by hybrid broker-dealer models. By refusing to sell proprietary products or collect placement fees, Thompson Investment Management avoids the conflicts that arise when advisory and product-distribution economics intersect. That governance choice — remaining an RIA with no brokerage affiliate — defines its independence and limits its growth to the pace of direct client acquisition rather than manufacturing-scale distribution. ## Questions ### How does Thompson Investment Management charge for its services? As a registered investment adviser, the firm charges asset-based fees tied to the value of managed accounts. It does not earn commissions, placement fees, or revenue-sharing payments from product providers. This fee-only structure aligns the firm's incentives with portfolio performance and client retention rather than transaction volume. ### What asset classes does the firm cover? The firm manages portfolios across public equities and fixed income, with a focus on retirement accounts and taxable wealth-management mandates. It does not disclose direct investments in private equity, venture capital, real estate, or hedge funds in its public filings. Client strategies emphasize liquid, transparent markets. ### Does Thompson Investment Management have a broker-dealer affiliate? No. The firm operates solely as a registered investment adviser and does not maintain a broker-dealer subsidiary. This structure removes the conflict between fiduciary advice and product-distribution economics, which is a deliberate architectural choice for the practice. ### How does the firm custody client assets? Thompson Investment Management uses independent, qualified custodians to hold client assets, as required for SEC-registered advisers. The firm does not self-custody and clients receive account statements directly from the custodian, providing an independent verification layer alongside the firm's own reporting tools. ## Related profiles - [Thompson Davis Asset Management](https://altss.com/profile/thompson-davis-asset-management) - [Thomson Reuters Pension Fund](https://altss.com/profile/thomson-reuters-pension-fund) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/thompson-investment-management Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology