From 2019 to 2021, Tom Johnson Investment Management (TJIM) was named one of CNBC's top 100 financial advisory firms in the country. The Oklahoma City-based firm offers services including financial planning, portfolio management and outside advisor selection. The firm is also on SmartAsset's lists of Oklahoma's top financial advisors and Oklahoma City's top financial advisors.
TJIM is a fee-only firm with billions of dollars in assets under management (AUM). The firm’s clients are mostly individuals, with a good mix of non-high-net-worth and high-net-worth investors. The firm also has an institutional investing business, managing money for pension and profit-sharing plans, charitable organizations and corporations.
Tom Johnson Investment Management Background
Tom Johnson Investment Management was founded back in 1983. In 1992, it was sold to United Asset Management, which in turn was purchased by Old Mutual, PLC in 2000. In 2003, one of the firm’s principals - Richard H. Parry - bought the company back. Today, the firm is 100% employee-owned, with Parry acting as its president and chief investment officer (CIO).
The staff at this firm boasts a number of certifications. In fact, there are six chartered financial analysts (CFAs) and one financial risk manager (FRM).
Tom Johnson Investment Management Client Types and Minimum Account Sizes
Tom Johnson Investment Management works mostly with individuals, including those with and without a high net worth. TJIM also works with institutional clients including retirement plans, charities and businesses.
TJIM does not impose a minimum account size, which means technically anyone can become a client.
Services Offered by Tom Johnson Investment Management
The main services offered at Tom Johnson Investment Management are investment management and financial planning. This includes model portfolio programs, wrap-fee programs and portfolio reporting. The firm's investment strategies include ones focused on equities, fixed-income securities and balanced allocations.
Tom Johnson Investment Management Investment Philosophy
Tom Johnson Investment Management’s SEC documents note that downside protection is considered the key to performing well over an entire market cycle. The firm also says it looks to keep costs low by looking for investments without big charges in terms of fees or tax liability. This creates reduced volatility, which leads to more stable returns.
Diversification is key, as is limiting position size and not putting too much client money into any one sector. This helps to avoid large ebbs and flows within your portfolio, which becomes increasingly less desirable as you near retirement. TJIM does not use leverage or derivatives, instead focusing on large, liquid markets.
Fees Under Tom Johnson Investment Management
Fees at Tom Johnson Investment Management are generally based on a percentage of assets under management. Depending on the size of your account, you'll be charged at the following rates:
|TJIM Standard Fee Schedule|
|Your Assets||Fee Rate|
Below is an estimated breakdown of about how much you'll pay in advisory fees for the investment management services at TJIM:
|*Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount.|
|Estimated Investment Management Fees at Tom Johnson Investment Management*|
|Your Assets||Tom Johnson Investment Management Fee Amount|
What to Watch Out For
Opening an Account With Tom Johnson Investment Management
To open an account at Tom Johnson Investment Management, call (405) 236-2111 or fill out the firm's contact page on its website. The firm is headquartered in Oklahoma City.
All information is accurate as of the writing of this article.
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