Richard Alan Parrett

CFP

Thrive Capital Management, LLC

34 Years of Experience

View SEC Summary

Firm Information

Thrive Capital Management, LLC

Compensation

Fee-Only (AUM)Fixed/Hourly

Number of Advisors

15 advisors

Number of Clients

594 clients

Average Client Portfolio

$669K average

Assets Under Management

$397.7M

Fee Structure

Minimum Investment:None

AUM-Based Fees (Tiered)

Assets Under Management	Annual Fee
Up to $1.0M	1.50%
$1.0M - $2.5M	1.00%
$2.5M - $5.0M	0.75%
$5.0M - $10.0M	0.50%
$10M+	0.50%

Fees negotiable for accounts over $10,000,001.

Fee Estimator

Your Portfolio Value

$500K

$0$500K$1M$5M$20M

Estimated Annual Fee

—

Minimum Annual Fee:$2,000

Hourly Rate:$350 - $500/hr

Thrive charges an annual fee based on assets under management. For households with less than $133,334 in total assets under management, there is a flat annual fee of $2,000. Financial planning and consulting fees are charged on an hourly basis at a rate of $350 - $500 per hour, with a minimum engagement of 10 hours. Some clients above $1,000,000 in assets under management may receive tax preparation and other services through unaffiliated service providers.

View Full Brochure on SEC

Areas of Practice

Investment ManagementRetirement PlanningTax PlanningEstate Planning

Advisor Information

Office location

500 W Office Center Drive, Suite 300, Fort Washington, PA, 19034

Get directions

Regulatory History (1)

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.