{"url":"https://nivawealth.com/firms/thiel-investment-management-282631","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/282631","regulatoryAum":120387810,"crd":"282631","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2402319","suffix":"JR","lastName":"LOVETT","firstName":"JOHN","middleName":"ROBERT"},{"crd":"4345473","suffix":"JR.","lastName":"THIEL","firstName":"MILTON","middleName":"DALE"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"secFileNumber":"801-136328","legalName":"Thiel Investment Management Company, LLC","displayName":"Thiel Investment Management","slug":"thiel-investment-management-282631","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Texas limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"21 May 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1490805.1857142858,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":120387810,"discretionary":117235218,"discretionaryAccounts":173,"nonDiscretionary":3152592,"nonDiscretionaryAccounts":7,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":36,"regulatoryAum":11570387},{"label":"High-net-worth individuals","clients":34,"regulatoryAum":92785976},{"label":"Pension and profit-sharing plans","clients":2,"fewerThan5":true,"regulatoryAum":16031447}],"feePrograms":[{"role":"main","program":"Private Wealth Management","feeBasis":"marginal","fee_tiers":[{"to":1000000,"pct":1,"from":0},{"to":5000000,"pct":0.5,"from":1000000},{"to":null,"pct":0.25,"from":5000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042323","versionId":1042323,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-04-22","documentName":"FORM ADV PART 2","fee_rate_low":0.25,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Corporate Retirement Plan Services","summary":"Plan fees are 0.50% of the first $1,000,000, 0.30% of the next $4,000,000, 0.20% of the next $5,000,000 and 0.13% over $10M, with a $5,000 minimum annual fee.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042323","versionId":1042323,"submittedOn":"2026-04-22","documentName":"FORM ADV PART 2"},{"role":"other","program":"Financial Planning","summary":"Written financial plans are a fixed fee starting at $5,000, adjusted for complexity; prorated work on early termination is billed at $300 an hour.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042323","versionId":1042323,"submittedOn":"2026-04-22","documentName":"FORM ADV PART 2"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T15:21:54.402893+00:00","documents":[{"name":"FORM ADV PART 2","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042323","versionId":1042323,"submittedOn":"2026-04-22"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":102924958},{"name":"Ascensus Trust Company","shortName":"Ascensus Trust","location":"Fargo, ND","smaAssets":16031447}],"custodyNote":"Thiel Investment Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Milton Thiel","title":"Managing Member/Chief Compliance Officer/Designated Officer","crd":"4345473"}],"ownership":[{"label":"Milton Thiel","detail":"Managing member/chief compliance officer/designated officer in the 50% to 75% ownership band and a control person, since December 2015."},{"label":"Thiel Family Trust","detail":"Shareholder in the 25% to 50% ownership band, since January 2016."},{"label":"Kyle Parrish","detail":"Indirect owner: a trustee of Thiel Family Trust in the 25% to 50% band and a control person, since January 2016.","parent":"Thiel Family Trust"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"713-248-8129","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":22},{"label":"U.S. state and local bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":75},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"22 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/282631/PDF/282631.pdf","brochureDate":"22 April 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042323","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Thiel Investment Management have?","answer":"Thiel Investment Management has 72 clients and manages $120 million for them, as of April 2026. They include 36 individual clients, 34 high-net-worth individuals, and 2 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 22 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Thiel Investment Management offer?","answer":"Thiel Investment Management provides financial planning and portfolio management for individuals and small businesses.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Thiel Investment Management charge?","answer":"Thiel Investment Management charges 0.25%–1.00% a year for its Private Wealth Management. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.","source":"FORM ADV PART 2, filed 22 April 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Thiel Investment Management use?","answer":"Thiel Investment Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $103M and Ascensus Trust Company (Fargo, ND), with $16M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 April 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Thiel Investment Management have?","answer":"Thiel Investment Management has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Thiel Investment Management invest in?","answer":"At the end of its last fiscal year, Thiel Investment Management’s separately managed accounts held 75% registered funds (mutual funds, ETFs, BDCs), 22% exchange-traded equities, 3% cash and equivalents and 1% state and local bonds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Thiel Investment Management?","answer":"Thiel Investment Management is owned through a trust by Kyle Parrish. Its direct owners are Milton Thiel (50% to 75%) and Thiel Family Trust (25% to 50%).","source":"Form ADV Part 1A, Schedules A and B, filed 22 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Thiel Investment Management get paid?","answer":"Thiel Investment Management is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Thiel Investment Management?","answer":"Its phone number is 713-248-8129.","source":"Form ADV Part 1A, Item 1.F, filed 22 April 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}