Drive Wealth Advisers

RIASEC RegisteredEst. 2018

Total AUM

$1.5B

Discretionary

$1.5B

97% of AUM

Avg account

$358K

Accounts

4,196

Employees

Advisory reps

Firm details

Headquarters: Lehi, Utah
CRD number: 174728
Registered since: May 11, 2018
Website: drivewealthadvisers.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types: HNWI85.87%
Individuals11.35%
Pension & Profit Sharing Plans2.71%
Corporations / Businesses0.05%
Charitable Organizations0.02%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Drive Wealth Advisers is an independent registered investment adviser formed as an LLC and registered with the SEC in 2018. The firm positions itself as a capital allocator serving both individual/family and institutional clients, offering a mix of fee arrangements (percentage of AUM, hourly, fixed fees and other structures). Its advisory scope includes financial planning, portfolio management for individuals, small businesses and institutions, selection of third‑party advisers and listed pension consulting services. Drive Wealth Advisers reports it is not an active ESG investor and does not identify as a multi‑state adviser. The firm also lists industry relationships with accountants, law firms, insurance companies and serves in sponsor/GP or managing member roles for pooled investment vehicles. Drive Wealth Advisers appeared in Citywire’s 2020 “50 Growers Across America” list.