Impact Wealth Management

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Client assets under management

$103,942,094

Clients

124

27% high-net worth

Advisors

of 5 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

Typical

Average account size

$838,243

About

Impact Wealth Management serves individual and high‑net‑worth clients with investment management, comprehensive and project-based financial planning, financial coaching, and special needs planning. The firm operates as a fee-only adviser and provides discretionary portfolio management as part of its ongoing planning relationships.

The firm’s investment approach emphasizes modern portfolio theory and predominantly passive portfolio construction using mutual funds and ETFs, with the option to incorporate socially responsible (ESG) considerations when requested. Portfolios and plans are tailored to clients’ goals, risk tolerance, and tax considerations, and clients may impose reasonable investment restrictions in writing.

Noteworthy differences from many peers include a billing model built around fixed and project fees rather than a standard percentage-of-assets billing approach, and a practice of offering educational seminars and speaking engagements in virtual or in-person formats. The firm also highlights a formal special‑needs planning service and published authorship on retirement topics, and its advisory team includes planners with professional credentials while one adviser discloses an active outside insurance brokerage role.

Client services

Financial planning Portfolio management Educational seminars or workshops

Expertise

Retirement income strategy Business ownership considerations College savings (529s, UTMA, etc.)

Demographic focus

Values-based investing

Fee options

Fixed

Special Needs Financial Planning: $4,000 fixed fee; Educational Seminars: $0 to $2,500 per seminar

Percentage

$50,000 - $150,000: $1,500 annually $150,001 - $250,000: $2,500 annually $250,001 - $400,000: $3,500 annually

Project-based

Project-Based Financial Planning: $375 per hour

Subscriptions

Financial Coaching: $600 per year, paid monthly

Other

Account minimum: $50,000 Fee-only: Ongoing Comprehensive Financial Planning: $625 to $2,500 per quarter; Project-Based Financial Planning: $375 per hour; Financial Coaching: $600 per year; Special Needs Financial Planning: $4,000 fixed fee; Educational Seminars: $0 to $2,500 per seminar; Financial Coaching with Investment Management: tiered fixed annual fees as above

Main office location

Impact Wealth Management

4301 W 57 Th St, Suite 110

Sioux Falls SD 57108, United States

Number of offices

Most active in

Arizona · South Dakota

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure

Quick links

LinkedIn Facebook Instagram YouTube Website 6053330123

Advisors at this firm

Bryce A

CFP®, ChFC®, Series 66

Sioux Falls, SD

Impact Wealth Management

Bryce Andersen is a CFP®, ChFC®, and holds a Series 66 license, with 20 years of experience in the financial services industry. He has worked at firms including Merrill Lynch and Wells Fargo Advisors before joining Impact Wealth Management in Sioux Falls, SD. Andersen is also the CEO and president of RISE Wealth Resources, a coaching and consulting business focused on therapy practice growth and financial education. Impact Wealth Management serves individual and high-net-worth clients with investment management and comprehensive financial planning services. The firm employs a largely passive, Modern Portfolio Theory–based investment approach and offers educational programs, socially conscious investment options, and specialized planning such as special-needs financial planning.

Retirement income strategy Business ownership considerations College savings (529s, UTMA, etc.) Values-based investing

Richelle H

Series 66

Sioux Falls, SD

Impact Wealth Management

Richelle Hofer is a financial advisor at Impact Wealth Management with 17 years of industry experience. She holds a Series 66 designation and has worked at several firms, including Graber & Associates and Raymond James Financial Services Advisors. Impact Wealth Management serves individual and high-net-worth clients with investment management and comprehensive financial planning services. The firm employs a largely passive, Modern Portfolio Theory–based approach and offers socially conscious investment options, educational seminars, and a special needs financial planning service.

Retirement income strategy Business ownership considerations College savings (529s, UTMA, etc.) Values-based investing

Michael P

Series 66

Peoria, AZ

Impact Wealth Management

Michael Peterson is a financial advisor at Impact Wealth Management with nine years of industry experience. He holds a Series 66 designation and has worked at firms including Bankers Life Advisory Services and Bankers Life Securities. In addition to his advisory role, he is involved in insurance brokerage through Key Retirement Solutions. Impact Wealth Management serves individual and high-net-worth clients with investment management and comprehensive financial planning services. The firm employs a largely passive, Modern Portfolio Theory–based approach and offers socially conscious investment options, educational seminars, and a special-needs planning service.

Retirement income strategy Business ownership considerations College savings (529s, UTMA, etc.) Values-based investing

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