Thinkorswim Advisors, Inc. is a large advisory firm based in Chicago. It manages $210.24 million of regulatory assets for 366 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.
Thinkorswim Advisors provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Thinkorswim Advisors, Inc. is $210.24 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -36% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Thinkorswim Advisors, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
Tom Sosnoff has been acting as President since 1 May 1995. Steve Mark Quirk joined the executive team most recently as the President.
The principal office where Thinkorswim Advisors, Inc. performs its advisory services is located at 600 West Chicago Avenue, Chicago, IL 60610, which is also the mailing address of the firm. An additional office of the firm is in Bloomfield Hills, MI. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 773-435-3210 or by fax 773-435-3232. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday.