SourcingSourcing

THISTLE CREEK CAPITAL, LLC

B51
CRD 331449·SEC 801-131964·LEHI, UT
AUM
$161.0M
$100M-$500M
Est. Revenue
$1.6M
@ 1% on AUM
Est. EBITDA
$483K
@ 30% margin
Est. Deal Value
$3.9M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
THISTLE CREEK CAPITAL, LLC
CRD
331449
SEC file #
801-131964
EIN
842295540
DBA names
—

Economics

AUM
$161.0M
AUM band
$100M-$500M
AUM trajectory
'25'26
$183.6M → $161.0M▼ -12%
Client mix
Pooled Investment Vehicles1

Operations

Employees (total)
6
Advisory staff (per ADV)
6
Advisory staff (5-yr trend)
'25'26
6 advisors → 6 advisors▬ 0%
Primary office
LEHI UT
Branches
—

Custodian & Brokerage

Primary custodian
E*Tradelow confidence
Services offered
Portfolio mgmt — pooled vehicles
Fee basis
Performance-based feesOther Compensation

Filings

Latest ADV filing
03/26/2026
ADV-W filed at
—
Website
thistlecreek.com

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
Michael, Christensen, Craig
Top Owner Pct
87.5
Top Owner Entity Kind
I
Owner Count
2
Control Persons
Michael, Christensen, Craig
Rands, Michael, Alan
Solo Advisor Indicator
No
Succession Risk Solo Owner
Yes
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
ok
Rdap Domain
THISTLECREEK.COM
Rdap Domain Creation Date
2002-12-03T14:53:51Z
Rdap Firm Age Years
24
Rdap Firm Age Band
20+y
Rdap Registrar
GoDaddy.com, LLC

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No

SEC EDGAR

Edgar Cik
0001782218
Edgar Registered
Yes
Edgar Filing Count
8
Edgar First Filing Date
2019-07-12
Edgar Last Filing Date
2025-06-20
Edgar Form D Count
8
Edgar Form D Offerings
2025-06-202025-06-20 · 0001782218-25-000002
2024-06-242024-06-24 · 0001782218-24-000003

Local market & wealth

Rank targets by how wealthy the local market is

Soi High Wealth Score
0.3626
Soi Zip Pct 200k Plus
0.1136
Soi Zip Returns 200k Plus
3,800
Soi Zip Total AGI
3,655,789
Fdic Zip Total Deposits
44,539,261,000
Fdic Zip Branch Count
194
Fdic Zip Top Banks
LendingClub Bank, National Association
Lendingclub Bank, National Association

Compliance & brand

Firm Registration Status
active

All other collected signals (27)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
0
Bc Firm IAR Count
0
Custodian Candidates
Full
E*trade4
Edgar Addresses
Mailing
2801 N THANKSGIVING WAY, SUITE 225LEHI, UT 84043
Business
2801 N THANKSGIVING WAY, SUITE 225LEHI, UT 84043
Edgar EIN
842295540
Edgar Recent Filings
D/A2025-06-20 · 0001782218-25-000002
D/A2024-06-24 · 0001782218-24-000003
Fdic Zip Branches Raw
First Security Bank of Utah, National AssociationLehi, UT
Zions First National BankLehi, UT
Fdic Zip HHI
3341.65
Fdic Zip Top Bank Share Pct
54.72
Fdic Zip Year
2025
Firm Has Custody
Yes
Mailing Office Differs
No
Rdap Domain Expiration Date
2026-12-03T14:53:51Z
Rdap Domain Last Changed
2025-12-04T12:52:58Z
Rdap Nameservers
Ns61.domaincontrol.comNs62.domaincontrol.com
Rdap Secure Dns Enabled
No
Rdap Status
Client Delete ProhibitedClient Renew ProhibitedClient Transfer ProhibitedClient Update Prohibited
Soi Year
2022
Soi Zip Distribution
Stub 1
AGI91,245
Returns7,620
Stub 2
AGI212,621
Returns5,760
Stub 3
AGI268,562
Returns4,330
Soi Zip Total Business Income
56,083
Soi Zip Total Cap Gains
251,155
Soi Zip Total Dividends
31,523
Soi Zip Total Returns
33,450
Top Owner CRD
7907849
Trust Company Affiliate
No

People (2)

2
Michael, Christensen, Craig
Direct Owner · 87.5%
7907849
Rands, Michael, Alan
Executive Officer · 2.5%
7907844