# Linden Thomas Advisory Services, LLC

> Linden Thomas Advisory Services, LLC is an SEC-registered investment advisory firm in Charlotte, NC, registered since 2017, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 27, 2026.

- CRD: 288557
- Filed as: LINDEN THOMAS ADVISORY SERVICES, LLC
- Also doing business as: LINDEN THOMAS AND COMPANY
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Charlotte, NC
- Filing period: October 2026
- Form ADV filing dated: May 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/288557
- AdvisorCensus page: https://advisorcensus.com/firm/linden-thomas-advisory-services-llc-charlotte-nc-288557

## Quick answers

**How is Linden Thomas Advisory Services, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Linden Thomas Advisory Services, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does Linden Thomas Advisory Services, LLC charge?**
Its Form ADV Part 2A brochure dated April 2, 2026 states: Asset-based fee: 0.2% to 1.6% a year (a range, as the brochure states it); Flat fee: $1,000 a year (retirement plan services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Linden Thomas Advisory Services, LLC located?**
Linden Thomas Advisory Services, LLC's principal office is in Charlotte, NC, according to its Form ADV.

**Is Linden Thomas Advisory Services, LLC registered with the SEC or a state?**
Linden Thomas Advisory Services, LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 288557.

**How much does Linden Thomas Advisory Services, LLC manage?**
Linden Thomas Advisory Services, LLC reports $1,771,455,363 in regulatory assets under management in its Form ADV filing dated May 27, 2026 (63% discretionary).

**How have Linden Thomas Advisory Services, LLC's assets and staff changed since 2021?**
In the Form ADV data for Linden Thomas Advisory Services, LLC: Regulatory assets under management: $991,832,284 in the October 2021 data and $1,771,455,363 in the October 2026 data, up 79%. Total employees: 7 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Linden Thomas Advisory Services, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (836); high net worth individuals (432); pension and profit sharing plans (but not the plan participants or government pension plans) (88).

**Which custodians does Linden Thomas Advisory Services, LLC use?**
Linden Thomas Advisory Services, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Wells Fargo Clearing Services, LLC as custodians holding 10% or more of its separately managed account assets.

**Does Linden Thomas Advisory Services, LLC report any disciplinary disclosures?**
Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/288557

**What changed in Linden Thomas Advisory Services, LLC's recent Form ADV filings?**
In the June 2026 filing data: Registered or notice-filed in AZ, CO, KY, MA, PA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated April 2, 2026)

- Asset-based fee: 0.2% to 1.6% a year (a range, as the brochure states it)

> Fees charged range from 0.20% to 1.6% annually, with a portion of the fee retained by LTAS and a portion paid to the applicable outside third-party money manager.

- Flat fee: $1,000 a year (retirement plan services)

> Fees may be deducted directly from client accounts on a quarterly basis, or clients may elect to alternatively pay fees by check or wire transfer. There is a minimum annual fee of $1,000 per plan.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Wells Fargo Clearing Services, LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $1,771,455,363
- Discretionary: $1,117,788,617
- Non-discretionary: $653,666,746

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 836 | $720,366,463 |
| High net worth individuals | 432 | $892,166,227 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 88 | $154,547,425 |
| Charitable organizations | 5 | $3,877,805 |
| Corporations or other businesses not listed above | 5 | $497,443 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services

### Firm details
- Registered since: 2017 (9 years)
- Employees: 14 total, 8 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CA, CO, FL, GA, KY, LA, MA, MD, MT, NC, NY, PA, SC, TN, TX, VA, WA
- Disclosures (Item 11): Reports 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/288557

### Websites listed on Form ADV (Item 1.I)
- lindenthomas.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $991,832,284 | 7 | July 7, 2021 |
| October 2022 | $1,324,538,116 | 9 | March 25, 2022 |
| October 2023 | $1,139,212,272 | 11 | March 31, 2023 |
| October 2024 | $1,369,636,810 | 11 | July 10, 2024 |
| October 2025 | $1,633,842,616 | 11 | March 28, 2025 |
| October 2026 | $1,771,455,363 | 14 | May 27, 2026 |

Regulatory assets under management: $991,832,284 in the October 2021 data and $1,771,455,363 in the October 2026 data, up 79%.
Total employees: 7 in October 2021 and 14 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Registered or notice-filed in AZ, CO, KY, MA, PA.

### May 2026
- Employees performing advisory functions went from 4 to 8.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Linden Thomas Advisory Services, LLC (CRD 288557): Form ADV filing data as of October 2026.