Thrive Wealth Management, LLC

Thrive Wealth Management serves individuals (including high-net-worth clients) as well as retirement plan sponsors, charities, businesses, trusts and estates, offering discretionary and non-discretionary investment management, retirement plan consulting, and stand‑alone financial planning. The firm manages roughly $1.58 billion in client assets and works with a multi‑advisor team to implement and monitor client portfolios.

Thrive’s process begins with gathering client objectives and risk tolerances and can use model portfolios — including tax‑managed equity and fixed‑income models — implemented with mutual funds, ETFs, individual securities, and, when appropriate, allocations to unaffiliated independent managers. Accounts are monitored and rebalanced periodically (models are typically rebalanced quarterly), and the firm discloses occasional use of option strategies (primarily protective collars) and tax‑sensitive trading such as tax‑loss harvesting when suitable.

Compared with many multi‑team peers, Thrive is also licensed as an insurance agency and discloses that certain representatives may sell commission‑based insurance products, a potential conflict it describes in the brochure and mitigates through disclosure. The firm further discloses receiving institutional services from custodians like Schwab and indicates, relative to peers, use of client testimonials in its advertising materials, both factors the brochure identifies as notable for prospective clients to consider.