Thorofare, LLC (Los Angeles)

Thorofare provides portfolio management for pooled investment vehicles and 3(c)(5) real estate investment funds. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Thorofare: assets under management

The assets under management (AUM) of Thorofare, LLC is $345.17 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 77% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $345.17 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $115.06 million each.

Thorofare has custody of $345.17 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Thorofare, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Thorofare serves?

The only and largest group of clients of Thorofare is pooled investment vehicles with 3 clients and $345.17 million of assets under management. Among the 12 most similar advisory firms, Thorofare has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $345.17 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Thorofare doesn't advise any private funds.

Careers at Thorofare, LLC

The company employs 28 people that are either part- or full-time employees. 68 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 9 indirect owners.

Based in Los Angeles

The principal office where Thorofare, LLC performs its advisory services is located at 633 West Fifth Street, Los Angeles, CA 90071, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 213-873-4003 or by fax 213-873-4039. The normal business hours are 9am-6pm on Monday - Friday. You can find more information about the New York firm at thorofarecapital.com and its LinkedIn profile.

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