Thrive Capital Management, LLC
Assets Under Management
$397.7M
Number of Clients
594
Number of Advisors
15
Average Client AUM
$669K
AUM per Advisor
$26.5M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Thrive Capital Management offers discretionary asset management and financial planning services. They determine investment goals, time horizons, objectives, and risk tolerance to create customized strategies. They utilize model portfolios, exchange-traded funds, stocks, bonds, mutual funds, and third-party money managers. Financial planning services are offered on a one-time basis and include retirement analysis, college funding, estate plan review, tax planning, and insurance needs analysis.
Fee Structure
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
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.
Areas of Practice
Location
500 W Office Center Drive, Suite 300, Fort Washington, PA, 19034