Thames Financial Management was founded in 2001 with the objective of helping clients meet their long-term financial goals.
➢ Portfolio management
➢ Retirement savings
➢ Building wealth
➢ Generating income from your portfolio
➢ Generational planning
➢ Saving for college or a down-payment
We believe we are differentiated as a Financial Advisor in a few ways:
Deep Investing Experience - Andrew has worked for more than 20 years in asset management and single-stock research. He started his career in New York at Goldman Sachs, where he learned how to assess investments by meeting with company CEOs and CFOs, travelling to manufacturing plants and end markets, and networking with suppliers.
After 11 years with Goldman Sachs, Andrew furthered his training at First Manhattan, a wealth advisor that was founded by a long-time investor and Board member in Berkshire-Hathaway. He worked as the Director of the Stock Research department, overseeing a team of 8 analysts evaluating stocks across all industries.
Customized Portfolios – After discussions with each client about their personal financial goals, we tailor portfolios for the appropriate level of risk, time-frame, and income needs. Working through a back-office and trading platform from Fidelity Investments in Boston, we have access to a wide range of securities from US and global stocks, corporate bonds, government bonds, municipal bonds, CDs, and money market funds.
Long-term Compounding of Wealth - The Thames investment philosophy is built around the goal of compounding wealth over the long-term through a combination of stock price appreciation and dividend/interest income.
We believe that a sensible way to accomplish this objective is to buy stocks and bonds issued by high-quality companies at reasonable prices. Companies that are market-leaders tend to generate growth over time from durable competitive advantages, and also produce cash-flow that can be returned to investors. Buying shares in such companies allows us to minimize trading activity, which in turn allows for more tax efficient compounding of wealth.
We supplement our single-stock and bond purchases with low-cost ETFs to generate greater diversification. We typically minimize investments in higher-priced mutual funds, and we try to avoid investing in vehicles that are illiquid, cannot be easily explained, or have high-fees. We also do not believe in attempting to “time” the market.
Customer Service - We take pride in our high level of customer service. Our team is happy to help with advice on any financial matter, including those that fall outside of our oversight, such as 529 plans or accounts with other advisors. We monitor each portfolio closely and reach out pro-actively to suggest changes to the investments when appropriate. Thames will also help with day-to-day issues like cash management, gifting decisions, or other financial questions.
Thames is an independent Registered Investment Advisor (RIA). Our fees are based on assets under management with no commissions or investment products to sell, so our incentives are aligned -- to increase the wealth of our clients over the long-term.
What we don’t do
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We are not brokers, so we do not earn commissions from trading activity in our client’s accounts. Our fees are based on a percent of assets under management.
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We are not affiliated with any broker-dealers. We do not take incentive payments or receive third-party compensation for selling any specific investment products.
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We do not market any proprietary products. Such products often charge high fees or have limited liquidity.
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We are not custodians for client funds. Fidelity Investments serves as the custodian for our clients, which keeps the assets in a secure environment.
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We try to minimize all-in fees for our clients by investing predominantly in single-stocks and low-cost ETFs rather than in mutual-funds. Fees can have a meaningful detrimental impact on investment returns over time and few mutual-funds have long-term track-records that justify paying anywhere from 0.5%-2% of assets in fees each year.
