Thompson, Siegel & Walmsley (TSW) is a financial advisor firm in Richmond, Virginia. With billions of dollars in assets under management (AUM), it provides asset management services to individual and institutional clients.
Thompson, Siegel & Walmsley Background
TSW formed in 1969 and existed as an independent subsidiary of Brightsphere Investment Group. In May 2021, the firm was acquired by Pendal Group.
The firm’s investment team currently consists of chartered financial analysts (CFAs), chartered alternative investment analysts (CAIAs) certified financial planners (CFPs) and certified investment management analysts (CIMAs).
Thompson, Siegel & Walmsley Client Types and Minimum Account Sizes
TSW requires a minimum asset amount of $1 million for a new high-net-worth client account. Minimum asset requirements for separately managed institutional accounts are $10 million, with international strategies requiring $50 million.
The firm offers services to these types of clients:
- Non-high-net-worth and high-net-worth individuals
- Pension and profit-sharing plans
- Trusts and estates
- Investment companies
- Public funds
- Charitable organizations
- Pooled investment vehicles (other than investment companies
- and business development companies)
- Insurance companies
- Sovereign wealth funds
- Endowments and foundations
- Corporations
Services Offered by Thompson, Siegel & Walmsley
TSW specializes in asset management services. The firm engages in market capitalization strategies involving domestic equity, international equity, long/short equity and fixed-income securities. TSW generally provides these services on a discretionary basis. This means the firm makes all investment decisions as it sees fit based on the client’s risk tolerance and investment goals. However, clients may place some restrictions on investing in specific securities or types of securities through their established guidelines.
Depending on your needs, the firm may place you in one or more of the following portfolio models:
- Large-Cap Value
- Mid-Cap Value
- SMID-Cap (small and mid-cap) Value
- International Small Cap
- International Equity
- Fixed-Income (Aggregate/Intermediate/Core Plus/Municipal)
- Multi-Asset Income
- Long/Short Strategies
- High-Yield Bond
- Asset Allocation (Balanced)
- Small-Cap Opportunities
Thompson, Siegel & Walmsley Investment Philosophy
TSW makes investment decisions based on several factors such as the client’s risk appetite, financial situation and investment goals. Depending on your situation, the firm may invest your assets across some of the following types of securities:
- Common stocks
- International stocks
- Preferred stocks
- Interests in publicly traded limited partnerships
- American depository receipts
- European depository receipts
- Global depositary receipts
- Exchange-traded funds (ETFs)
- U.S. government bonds and obligations
- U.S. government agency obligations
- Corporate bonds
- High-yield securities
- Mortgage-backed securities
- Other asset-backed securities
- Collateralized mortgage obligations
- Mortgage dollar rolls
- Repurchase agreements
- Treasury Inflation-Protected Securities
- Options contracts
- Foreign currencies
Fees Under Thompson, Siegel & Walmsley
TSW charges its investment advisory fee as a percentage of assets under management (AUM). This fee varies, depending on the asset classes you’re invested in and the size of your account.
What to Watch Out For
TSW does not have any disclosures of legal or regulatory actions on its most recent Form ADV filed with the U.S. Securities and Exchange Commission.
All information was accurate as of the writing of this article.
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