ThinkEquity LLC

Sticking to its guns

When he launched ThinkEquity in 2001, Michael Moe intended to create a bold firm devoted to finding companies with massive growth potential.  Moe stepped down as CEO in 2008, but the firm still appears to be adhering to its founding principles, recently launching a new health care team, for example, even though investment banks are leaving the biotech sector in droves on account of liquidity concerns.

Five arms for growth

ThinkEquity has its sights set on five main sectors that it believes are the most primed for growth: health care and life sciences; technology (specifically software and semiconductors), media and Internet; consumer and business services; and greentech and emerging technologies.  Each sector is broken down into subcategories that further narrow the focus of what ThinkEquity considers "up and coming."

ThinkEquity works with clients ranging from institutional investors, corporate clients, venture capitalists, entrepreneurs and financial sponsors.  Its services include targeted research, investment banking, wealth management and asset management.  In March 2007, ThinkEquity became a wholly owned subsidiary of London stockbrokerage Panmure Gordon & Co.

Flying high-net-worth

Extending its mission statement to focus on growth sectors, ThinkEquity has branched out its business to include one of the fastest growing and most profitable areas of business available today: managing the finances of high-net-worth clients.  The wealth management portion of ThinkEquity called ThinkWealth caters exclusively to high-net-worth families, partnerships and nonprofit organizations.  ThinkWealth was launched in 2004 and covers a wide range of services, including asset allocation, portfolio construction, investment advisory services, consolidated reporting, equity and fixed income trading, cash management, and hedging and monetization of concentrated equity positions. 

One special quality that ThinkEquity offers its high-net-worth clients is a peer-to-peer networking forum called Visible Path.  Visible Path is a relationship capital management platform that helps ThinkEquity's partners, staff, close advisors and VIP clients to network with each other under the veil of virtual privacy.

Transatlantic merger

ThinkEquity went from being a boutique start-up to an international multi-service operation when it was purchased by Panmure Gordon Company in March 2007.   Panmure was attracted to ThinkEquity's meteoric growth over the six years it had been in business, including its revenue jump from $12.2 million in 2002 to $64 million in 2006.  The buying price for the U.S. firm was $62.3 million, plus $27 million for the assumption and repayment of debt and liabilities.  

The merger provided a powerful partner for ThinkEquity.  Panmure Gordon was established in 1876 and is one of the oldest stockbrokers in London.  As of the time of the merger, it had a capitalization of $116 million ($229 million) and was the stockbroker to approximately 85 companies.  In the U.S., the company will be known as ThinkEquity, a Panmure Gordon company, and will assume the name of Panmure Gordon in the U.K. and Europe. 

▲ Show Less▼ Show Full Description


ThinkEquity LLC


600 Montgomery Street
San Francisco, CA 94111-2702
Phone: (415) 249-2900
www.thinkequity.com

STATS


  • Employer Type: Public
  • Chairman & CEO: Greg Wright
  • 2010 Employees: 180

Become a Vault Basic Member

Complete your Vault Profile and get seen by top employers

SALARY FINDER

SALARY FINDER

Health Service Administrator

  • $0
  • 25
  • 50
  • 75
  • 100
  • 100+
Yearly Salary Range (US$ Thousands)