Thrive Capital Management is an investment management and financial planning firm that helps individuals, families, business owners, and charitable organizations reach their long-term financial goals. Thrive Capital Management builds customized portfolios using exchange-traded funds, individual stocks and bonds, mutual funds, and third-party managers, often utilizing model portfolios tailored to different risk levels. In addition to managing investments, Thrive Capital Management provides financial planning covering retirement analysis, cash flow, college funding, estate plan reviews, tax planning, and insurance needs. The firm operates with discretionary authority, meaning it makes trades on behalf of clients based on their agreed-upon goals. Thrive Capital Management also assists clients with insurance products and private placements when appropriate.
Fee Structure
Thrive Capital Management charges an annual fee based on a percentage of the value of your portfolio. The rate drops as your investment grows:
- $0 to $1,000,000 — 1.50% per year
- $1,000,001 to $2,500,000 — 1.00% per year
- $2,500,001 to $5,000,000 — 0.75% per year
- $5,000,001 to $10,000,000 — 0.50% per year
- Over $10,000,001 — Negotiable
There is a minimum annual fee of $2,000 per household. If you use third-party money managers, you may pay an additional fee ranging from 0.05% to 0.50% per year.