DrivenWealth is a registered investment advisor founded in June 2024 and based in East Lansing, Michigan, led by Nathan Pesch. DrivenWealth provides ongoing portfolio management services, creating customized investment portfolios using proprietary model portfolios and signal providers. The registered investment advisor also offers estate planning assistance to help clients distribute assets efficiently, avoid probate, and minimize taxes, as well as retirement plan consulting through third-party investment advisors. DrivenWealth manages assets on a discretionary basis, meaning they make trades on your behalf without needing prior approval for each transaction. Portfolios are built using asset allocation, tactical asset allocation, fundamental analysis, technical analysis, and modern portfolio theory.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.95% |
| $1.0M - $3.0M | 0.75% |
| $3.0M - $10.0M | 0.50% |
| $10M+ | 0.25% |
Fees are non-negotiable, but clients may aggregate assets to achieve a lower fee. A separate 'Friends and Family' schedule applies lower rates (0.75% for the first tier and 0.65% for the second tier).