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Thomas Mitcham

Cambridge Investment Research Advisors, INC.
18 Years of Experience
Pensacola, FL
3 DisclosuresBrokerSells Insurance
View SEC Summary
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Thomas Mitcham is a registered investment advisor at Cambridge Investment Research Advisors, INC., based in Pensacola, FL, with 18 years of industry experience. Thomas is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Divorce Planning, Education Planning, Estate Planning, Financial Planning & Coaching, and 6 more. Their firm serves 361,213 clients with $140B in assets under management.

Cambridge Investment Research Advisors, INC.
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3940 advisors
Number of Clients
361,213 clients
Average Client Portfolio
$384K average
Assets Under Management
$138.7B

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.25%

Maximum allowable advisory fee is 2.25% annually across platforms. Actual fees are negotiable and set by your financial professional based on account size, complexity, and specific program selected.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

125 W Romana St., Ste. 500, Pensacola, FL, 32502

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History

Regulatory History (3)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Regulatory
March 2025
Final
Customer Dispute
August 2016
Settled
Employment Separation After Allegations
August 2008
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Thomas owns Mitcham Guns, LLC since 2018 and ELBS Aviation LLC since 2023. He is also an independent insurance agent for various independent insurance agencies and an advisory representative of a RIA, CIRA, taking about half of his time.

Employment History
Current Registrations
Cambridge Investment Research Advisors, INC.
June 2022 - Present · 4 yrs 4 mos
Cambridge Investment Research, INC.Broker
June 2022 - Present · 4 yrs 4 mos
Previous Registrations
Grove Point Advisors, LLC
April 2021 - June 2022 · 1 yr 2 mos
H. Beck, INC.
March 2010 - April 2021 · 11 yrs 1 mo
Grove Point Investments, LLCBroker
September 2008 - June 2022 · 13 yrs 9 mos
Edward Jones
March 2008 - August 2008 · 5 mos
Edward JonesBroker
March 2008 - August 2008 · 5 mos
State Registrations12 states
ALCAFLGAKYMIMSNCOHSCTNTX
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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