Thompson Siegel & Walmsley: AUM & Ownership

Clients

Thompson Siegel & Walmsley serves 302 clients, 60 of them high-net-worth individuals. The average client has about $70 million with the firm, and high-net-worth clients hold 3% of its $21.1 billion in assets.

Regulatory assets by client type

Individuals156 clients2%
High-net-worth individuals60 clients3%
Investment companies14 clients53%
Pooled investment vehicles14 clients12%
Pension and profit-sharing plans14 clients6%
OtherState or municipal government entities, Other, Charitable organizations, Insurance companies, Corporations and other businesses24%

Show client breakdown

Client type	Clients	Regulatory AUM	Share	Avg. per client
Individuals (other than HNW)	156	$467,000,000	2.2%	$2.99M
High-net-worth individuals	60	$703,800,000	3.3%	$11.7M
Investment companies	14	$11,127,700,000	52.6%	$794.8M
Pooled investment vehicles	14	$2,571,900,000	12.2%	$183.7M
Pension and profit-sharing plans	14	$1,262,200,000	6.0%	$90.2M
Charitable organizations	24	$182,500,000	0.9%	$7.60M
State or municipal government entities	9	$3,522,400,000	16.7%	$391.4M
Insurance companies	4	$363,100,000	1.7%	$90.8M
Corporations and other businesses	Not reported	$2,400,000	0.0%	—
Other	7	$943,500,000	4.5%	$134.8M
Total	302	$21,146,500,000	100%	$70.0M

Individuals (other than HNW)

Clients: 156
Regulatory AUM: $467,000,000
Share: 2.2%
Avg. per client: $2.99M

High-net-worth individuals

Clients: 60
Regulatory AUM: $703,800,000
Share: 3.3%
Avg. per client: $11.7M

Investment companies

Clients: 14
Regulatory AUM: $11,127,700,000
Share: 52.6%
Avg. per client: $794.8M

Pooled investment vehicles

Clients: 14
Regulatory AUM: $2,571,900,000
Share: 12.2%
Avg. per client: $183.7M

Pension and profit-sharing plans

Clients: 14
Regulatory AUM: $1,262,200,000
Share: 6.0%
Avg. per client: $90.2M

Charitable organizations

Clients: 24
Regulatory AUM: $182,500,000
Share: 0.9%
Avg. per client: $7.60M

State or municipal government entities

Clients: 9
Regulatory AUM: $3,522,400,000
Share: 16.7%
Avg. per client: $391.4M

Insurance companies

Clients: 4
Regulatory AUM: $363,100,000
Share: 1.7%
Avg. per client: $90.8M

Corporations and other businesses

Clients: Not reported
Regulatory AUM: $2,400,000
Share: 0.0%
Avg. per client: —

Other

Clients: 7
Regulatory AUM: $943,500,000
Share: 4.5%
Avg. per client: $134.8M

Total

Clients: 302
Regulatory AUM: $21,146,500,000
Share: 100%
Avg. per client: $70.0M

What it does

Thompson Siegel & Walmsley provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers and other activities. It is paid through a percentage of assets and performance-based fees.

Thompson Siegel & Walmsley advises 4 private funds.

94.3% of assets ($19.94B across 1,293 accounts) are managed with discretion; $1.20B across 3,188 accounts are not. $943.5M sits in a wrap fee program the firm both sponsors and manages. 1% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end

Stocks92%
Funds2%
Bonds2%
- U.S. government and agency bonds1%
- Investment grade corporate bonds1%
Cash4%

Custodians

Thompson Siegel & Walmsley’s client accounts are held mainly at The Bank of New York Mellon, with 17% of managed assets, and Northern Trust, with 6%. Thompson Siegel & Walmsley has custody of $253.0M for 2 clients.

Managed account assets by custodian

Northern TrustNorthern Trust Company · Chicago, IL · $1.21B6%
Charles SchwabCharles Schwab & Co., Inc. · San Franscisco, CA · $1.00B5%
The Bank of New York MellonThe Bank of New York Mellon · Syracuse, NY · $3.57B17%
All other custodians$15.36B73%

Ownership and leadership

Pendal USA Inc. owns 75% or more of Thompson Siegel & Walmsley.

Who owns the firm

Thompson Siegel & Walmsley LLC· the adviser

Pendal USA Inc.
Control person · since July 2021
Owns 75% or more of Thompson Siegel & Walmsley LLC
- Pendal Group Limited
  Control person · since July 2021
  Owns 75% or more of Pendal USA Inc.
  - Perpetual Acquisition Company LTD.
    Control person · since January 2023
    Owns 75% or more of Pendal Group Limited
    - Perpetual Limited
      Control person · since January 2023
      Owns 75% or more of Perpetual Acquisition Company LTD.

Leadership

Joseph Vancaster
Chief Financial Officer; Chief Operating Officer; Executive Officer; Member Board of Managers
Wayne Boyles
Chief Compliance Officer; Executive Officer
Bryan Durand
Portfolio Manager; Research Analyst; Executive Officer; Member Board of Managers
Brett Hawkins
Chief Investment Officer
John Horsley
Director of Client Service; Executive Officer; Member of Board of Managers

Staff

63 employees
31 in advisory functions
20 state-registered reps
6 broker-dealer reps
1 soliciting firm

Reported holdings

Thompson Siegel & Walmsley’s reported 13F holdings total $5.57M across 435 positions, and the ten largest make up 15.3% of it.

$5.57M
Reported 13F value: 435
Positions: 15.3%
In the 10 largest: −2.3%
Value vs. prior quarter

Ten largest positions, share of reported value

Aercap Holdings NV2.6%
Smurfit Westrock PLC2.0%
Check Point Software Tech1.5%
Kraft Heinz CO1.5%
Evergy Inc.1.4%
Alphabet Inc.1.4%
Dominion Energy Inc.1.3%
Lkq Corp.1.3%
Graphic Packaging Holding CO1.2%
Markel Group Inc.1.2%

Together, the ten largest are 15.3% of reported value.

The 50 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 11 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $5.57M is not its $21.15B in regulatory assets and does not represent any individual client's portfolio.

Fees

Thompson Siegel & Walmsley is paid through a percentage of assets under management and performance-based fees.

Thompson Siegel & Walmsley’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Thompson Siegel & Walmsley has 0 offices, with 1 listed address in 1 state.

Listed office addresses by state

Virginia · 1 listed address

6641 West Broad Street, Suite 600, RichmondHQ

Registration details

Legal name: Thompson Siegel & Walmsley LLC
Headquarters: 6641 West Broad Street, Suite 600, Richmond, VA 23230
Phone: 804-353-4500
Website: Not reported
SEC file: 801-6273
Structure: Delaware LLC
Fiscal year end: September

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Thompson Siegel & Walmsley have?

Thompson Siegel & Walmsley has 302 clients and manages $21.1 billion for them, as of April 2026. They include 156 other individuals, 60 high-net-worth individuals and 24 charitable organizations.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 April 2026

What services does Thompson Siegel & Walmsley offer?

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Thompson Siegel & Walmsley use?

Thompson Siegel & Walmsley’s separately managed account assets are held at The Bank of New York Mellon (Syracuse, NY), with $3,574,630,817, Northern Trust Company (Chicago, IL), with $1,206,131,781 and Charles Schwab & Co., Inc. (San Franscisco, CA), with $1,003,679,387. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 April 2026

How many financial advisors does Thompson Siegel & Walmsley have?

Thompson Siegel & Walmsley has 20 investment adviser representatives registered with state securities authorities, out of 63 employees, and 31 perform investment advisory functions. 6 are registered representatives of a broker-dealer and 0 are licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Thompson Siegel & Walmsley invest in?

At the end of its last fiscal year, Thompson Siegel & Walmsley’s separately managed accounts held 92% exchange-traded equities, 4% cash and equivalents, 2% registered funds (mutual funds, ETFs, BDCs), 1% U.S. government and agency bonds and 1% investment grade corporate bonds. It advises 4 private funds.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Thompson Siegel & Walmsley?

Thompson Siegel & Walmsley is owned through a chain of holding companies by Perpetual Limited. Its direct owner is Pendal USA Inc. (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 1 April 2026

How does Thompson Siegel & Walmsley get paid?

Thompson Siegel & Walmsley is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file