TCM was founded around a simple idea: investors shouldn’t have to choose between staying invested and managing meaningful downside risk.
About TCM
Markets are unpredictable. We combine disciplined process, deep experience and a proprietary volatility framework to help investors navigate changing risk environments.
A risk-responsive approach. A long-term perspective.
We seek meaningful equity participation while managing downside risk.
Long-Term Focus
A repeatable, rules-based framework guides our decisions.
Disciplined Process
We adjust protection as risk and volatility conditions evolve.
Risk Responsive
Practical solutions and clear communication for advisors and clients.
Built for Advisors
Thompson Capital Management (TCM) is an independent investment management firm specializing in risk-managed equity and alternative strategies.
Our strategies are built around a proprietary volatility-driven framework that guides when and how we deploy hedges seeking to reduce left tail risk. This approach aims to help investors stay invested and pursue long-term goals through changing market environments
Who We Are
AUM as of 12/31/25
$200M+
Founded
2019
100%
Privately Owned
Chicago, IL
Headquartered
For select advisory clients, TCM also provides financial planning designed to help organize the broader financial picture around the portfolio.
Financial Planning
Leadership Team
Matt Thompson, CFA
Matt oversees TCM’s Volatility Dashboard and helps guide research and portfolio strategy. His work focuses on volatility, market risk and translating changing conditions into investment decisions.
Managing Partner
Mike Thompson, CFA
Mike leads TCM’s investment process and portfolio management. He brings nearly three decades of experience in volatility, derivatives and risk-managed investment strategies.
Managing Partner
Tom Hines, CPA, CFA
Tom works with clients on financial planning, asset management and long-term strategy. His background spans investment management, tax planning and advising high-net-worth and institutional clients.
Dir of Financial Planning