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Tom Johnson Investment Management Review

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Tom Johnson Investment Management

For 2020, 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 over a billion 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 five 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
First $1,000,000 1.00%
Next $4,000,000 0.75%
Next $5,000,000 0.60%
Next $15,000,000 0.50%
Next $25,000,000 0.45%
Next $50,000,000 0.40%
Over $100,000,000 Negotiable

Advisors at this firm do not earn compensation for selling securities or insurance, which makes it a fee-only company. Performance-based fees are also not charged.

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
$500K $5,000
$1MM $10,000
$5MM $40,000
$10MM $70,000

What to Watch Out For

Tom Johnson Investment Management does not have any legal or regulatory disclosures listed on its SEC-filed Form ADV.

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.

Tips for Finding a Financial Advisor

  • A financial advisor can help with all sorts of financial issues. Finding the right financial advisor doesn’t have to be hard, though. SmartAsset’s free tool matches you with financial advisors in your area in just five minutes. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
  • SmartAsset’s investment calculator can show you what some of your investments will look like down the road.

How Long $1mm Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Least
Most
Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research