Thomas Mcdonald Partners, LLC (Cleveland)


Thomas Mcdonald Partners, LLC is a large advisory firm based in Cleveland. It manages $830.18 million of regulatory assets for 3,206 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 39 other states.

Thomas Mcdonald Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Thomas Mcdonald Partners: assets under management

The assets under management (AUM) of Thomas Mcdonald Partners, LLC is $830.18 million. The firm's AUM has gone down by -3% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $223.41 million in discretionary accounts and $606.77 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $372.34 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $232.84 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Thomas Mcdonald Partners, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Thomas Mcdonald Partners, LLC

Thomas Mcdonald Partners, LLC is owned by Rafat Nain Nemry. John Cameron Lipaj joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Thomas Marion Mcdonald Ceo, owner 1 Apr 2005 75% - 100% 326904
Steven Christopher Bender Financial & operations principal 1 Apr 2005 Other 2650187
Kimberly Ann Rudolph Director of financial planning services 1 May 2005 Other xxx-xx-xxxx
Jeanette Morgan Gsp, municipal securities principal 1 Dec 2005 Other 1275140
Thomas Anthony Yako Director of managed assets group 1 Dec 2005 Other 3002163
Audrey Lynn Harris Chief compliance officer 1 Jul 2007 Other 2256072
Arnold Beatty Mcdonald Municipal securities principal 1 Jan 2008 Other 5126644
Rafat Nain Nemry Owner 1 Jan 2008 Other xxx-xx-xxxx
Arnold Beatty Mcdonald Financial & operations principal 1 Jan 2009 Other 5126644
John Cameron Lipaj Chief operating officer 1 May 2009 Other 1406284

Based in Cleveland

The principal office where Thomas Mcdonald Partners, LLC performs its advisory services is located at 959 W. St. Clair Avenue, Cleveland, OH 44113, which is also the mailing address of the firm. An additional office of the firm is in Ann Arbor, MI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 216-912-0567 or by fax 216-912-1461. The normal business hours are 8:00 til 5:00 on Monday - Friday. You can find more information about the New York firm at www.tmpfa.com.