Thrive Wealth Management, LLC
Assets Under Management
$1.3B
Number of Clients
814
Number of Advisors
13
Average Client AUM
$1.6M
AUM per Advisor
$101.7M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Thrive Wealth Management offers discretionary and non-discretionary investment management, retirement plan consulting, and financial planning services. They work with individuals, high net worth individuals, pension and profit sharing plans, charitable organizations, corporations, trusts, and estates. Investment strategies are tailored to client objectives and may include model portfolios. They may recommend unaffiliated independent investment managers.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.00% |
| $500K - $1.0M | 0.80% |
| $1.0M - $1.5M | 0.70% |
| $1.5M - $2.0M | 0.60% |
| $2.0M - $4.0M | 0.50% |
| $4M+ | 0.40% |
Fees are negotiable in limited circumstances.
Fee Estimator
For investment management, the annual advisory fee is based on a percentage of assets under management, billed quarterly in advance. For stand-alone financial planning, fees range from $1,000 to $100,000 on a fixed fee basis or $200 to $500 per hour. Retirement plan consulting fees range from 0.25% to 1% of plan assets. Fees are negotiable based on factors like assets managed and complexity. Certain legacy clients may have different pre-existing service offerings and fee schedules.
Areas of Practice
Location
1000 Madison Avenue, Suite 208, Audubon, PA, 19403