Thoma Bravo

CRD#157041
Investment Advisor and Brokerage Firm

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Learn more about Thoma Bravo

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations

    • Overview

    Thoma Bravo is located at 110 North Wacker Drive, Chicago, IL. The firm employs 93 financial advisors and is a registered broker-dealer.

    Thoma Bravo manages $151.9 billion in assets under management across 123 accounts, all of which are discretionary. The firm offers other services and operates with an asset-based and performance-based fee structure. Its clients are pooled investment vehicles, which also represent the largest client type by accounts. Thoma Bravo maintains affiliations as a broker-dealer or securities dealer and as a commodity pool advisor.

    Thoma Bravo is registered in the states of California, Florida, Illinois, New York, and Texas.

    Assets Under Management

    $151.9 billion

    Number of Advisors

    93

    Disclosures

    No

    Office Location

    110 North Wacker Drive
    Chicago, IL 60606-1511

    Thoma Bravo by the Numbers

    Total Assets Under Management

    $151.9 billion

    National Average: $8.6 billion
    Total Number of Employees

    223

    National Average: 64
    Total Number of Accounts

    123

    National Average: 375,227
    Average Account Size

    $1.2 billion

    National Average: $23.0 thousand
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    Fee Structure

    Fees for financial management typically are based on which service is provided. However, fees charged by Thoma Bravo may include some combination of the following fee structures: asset-based and performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by Thoma Bravo. The firm has the ability to withdraw the expenses directly from customer funds.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 26% of firms

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

    Back to Overview

    Types of Clients

    The firm works with pooled investment vehicles. Out of its 123 clients, Thoma Bravo's largest client type by number of accounts is pooled investment vehicles. A high-net-worth individual is defined by the SEC as someone who has at least $750,000 under management or a net worth of at least $1.50 million or who is a "qualified purchaser" (a standard met by having at least $5 million in investments). About 24% of the firm's clients reside abroad.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 0%
    • Corporations - 100%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Thoma Bravo does not have any disclosures.

    Please visit its Form ADV for more details.

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