Thrive Wealth Management, LLC

RIASEC RegisteredEst. 2016

Total AUM

$1.6B

Discretionary

$1.5B

97% of AUM

Avg account

$512K

Accounts

3,085

Employees

Advisory reps

Firm details

Headquarters: Audubon, Pennsylvania
CRD number: 168777
Registered since: September 13, 2016
Website: thrivewealth.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types: HNWI77.3%
Individuals21.68%
Corporations / Businesses0.99%
Charitable Organizations0.03%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Thrive Wealth Management, LLC is an independent registered investment adviser that has been SEC-registered since 2016 and is owned by an individual principal. The firm serves both individual and family clients as well as institutional relationships, and it operates as a capital allocator—sourcing and allocating client capital to third-party managers in addition to managing portfolios directly. Services noted in regulatory filings include financial planning, portfolio management for individuals, small businesses and institutions, selection of other advisers, and pension consulting support, alongside insurance brokerage activities. The firm charges clients through a mix of percentage-of-AUM fees as well as hourly and fixed fees, reflecting a multi-fee approach that can accommodate advisory engagements and project-based work. Thrive Wealth Management is not identified as an active ESG investor in its filings and does not present itself as a multi-state adviser.