{
  "crd_number": 126295,
  "slug": "thames-financial-management-norwich-ct-126295",
  "primary_business_name": "THAMES FINANCIAL MANAGEMENT",
  "legal_name": "CDM FINANCIAL COUNSELING SERVICES, INC.",
  "dbas": [
    "THAMES FINANCIAL MANAGEMENT"
  ],
  "city": "Norwich",
  "state": "CT",
  "country": "United States",
  "cbsa_code": "35980",
  "metro": {
    "cbsa_code": "35980",
    "common_name": "Norwich",
    "msa_name": "Norwich-New London-Willimantic, CT",
    "path": "/advisors/ct/norwich"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-04-23",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-01-19",
  "carried_forward": false,
  "raum_total": 315443079.0,
  "raum_discretionary": 190826526.0,
  "raum_non_discretionary": 124616553.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 2,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 0.0,
      "count": 0
    },
    "individuals": {
      "raum": 50746940.0,
      "count": 186
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 8897754.0,
      "count": 5
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 245394541.0,
      "count": 106
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 10403844.0,
      "count": 5
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CT",
    "FL",
    "MA",
    "MN",
    "NH",
    "NJ",
    "NY",
    "RI",
    "TX",
    "WA"
  ],
  "websites": [
    "https://thamesct.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/126295",
  "city_as_filed": "NORWICH",
  "url": "https://advisorcensus.com/firm/thames-financial-management-norwich-ct-126295",
  "display_name": "Thames Financial Management",
  "summary": "Thames Financial Management is an SEC-registered investment advisory firm in Norwich, CT, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated January 19, 2026.",
  "citation": "AdvisorCensus. Thames Financial Management (CRD 126295): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Thames Financial Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Thames Financial Management reports these compensation arrangements: a percentage of assets under its management; hourly charges."
    },
    {
      "q": "Where is Thames Financial Management located?",
      "a": "Thames Financial Management's principal office is in Norwich, CT, according to its Form ADV."
    },
    {
      "q": "Is Thames Financial Management registered with the SEC or a state?",
      "a": "Thames Financial Management is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 126295."
    },
    {
      "q": "How much does Thames Financial Management manage?",
      "a": "Thames Financial Management reports $315,443,079 in regulatory assets under management in its Form ADV filing dated January 19, 2026 (60% discretionary)."
    },
    {
      "q": "How have Thames Financial Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Thames Financial Management: Regulatory assets under management: $162,234,576 in the October 2021 data and $315,443,079 in the October 2026 data, up 94%. Total employees: 3 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Thames Financial Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (186); high net worth individuals (106); pension and profit sharing plans (but not the plan participants or government pension plans) (5)."
    },
    {
      "q": "Which custodians does Thames Financial Management use?",
      "a": "Thames Financial Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Thames Financial Management report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/126295"
    },
    {
      "q": "What changed in Thames Financial Management's recent Form ADV filings?",
      "a": "In the February 2026 filing data: Regulatory assets under management went from $275,379,693 to $315,443,079 (+15%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 162234576.0,
      "total_employees": 3,
      "filing_date": "2021-06-11"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 203066142.0,
      "total_employees": 3,
      "filing_date": "2022-01-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 197428088.0,
      "total_employees": 3,
      "filing_date": "2023-01-20"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 236782814.0,
      "total_employees": 2,
      "filing_date": "2024-01-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 275379693.0,
      "total_employees": 2,
      "filing_date": "2025-01-17"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 315443079.0,
      "total_employees": 2,
      "filing_date": "2026-01-19"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Regulatory assets under management went from $275,379,693 to $315,443,079 (+15%)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in PA, VA."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/thames-financial-management-norwich-ct-126295.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 186,
      "fewer_than_5": false,
      "raum": 50746940.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 106,
      "fewer_than_5": false,
      "raum": 245394541.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 5,
      "fewer_than_5": false,
      "raum": 8897754.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 5,
      "fewer_than_5": false,
      "raum": 10403844.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/126295",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}