In 1996, N. Gordon Thompson and L. Douglas Smith were practicing CPAs serving their clients in a holistic financial planning manner. They found themselves frustrated with their clients' investment portfolios and the way that those portfolios were integrated with the other components of their clients' financial lives. Many of these clients encouraged them to expand their traditional CPA service offerings to include investment management. As a result, Gordon and Doug decided to offer investment advisory services directly to their clients and friends. TD Capital was formed to deliver these services.
Trusting relationships already existed with many potential clients, who recognized Gordon and Doug had the requisite technical expertise and experience to combine financial planning and portfolio management as part of their services. Gordon's strengths came from his experience as a CPA, in estate planning, taxation, integration of families and small businesses, employee and executive compensation and risk management. Doug was educated and experienced in the discipline of portfolio construction and management. Operating in close association with their full-service CPA firm, TD Capital had a depth of resources from the beginning.
Initially, the majority of the emphasis and work was on responding to the needs of existing CPA clients who were discontent with their third party investment services or had experienced changes in their financial lives that required investment services (change of jobs, inheritance, major expenditures or retirement). The firm grew as new clients were being referred by existing TD Capital clients and other professionals. By the year 2000, TD Capital became a distinct, sustainable organization serving diverse clients.
In 2016, TD Capital celebrated its twentieth year anniversary. In addition to Gordon and Doug's 75 years of collective experience, the other team members have collective experience of more than 50 years. The nine-member team at TD Capital includes three CPAs, three Certified Financial Planners™ and several other professional designations. Add to this the leverage of professional relationships Doug and Gordon have developed over the past 40 years with CPAs, attorneys, bankers and risk management professionals, and the shared collaboration ensures a beneficial experience for the clients of TD Capital. With significantly enhanced space, technology, systems, and relationships, we look forward to continuing to assist clients in accomplishing their personal life strategy in the years to come.