Thrive Wealth Management, LLC

Thrive Wealth Management, LLC is a Pennsylvania-based investment advisory firm established in 2013 and registered with the SEC since September 2016. Principally owned by Stephen Erfle and Michael Ptaszenski, the firm offers investment advisory, retirement plan consulting, and financial planning services to various clients, including individuals, high net worth individuals, and organizations. Clients can engage Thrive for discretionary or non-discretionary investment management services based on an annual fee calculated as a percentage of assets under management. Thrive may recommend allocating client assets among model portfolios or independent managers based on the client's investment objectives. The firm's investment strategies include long-term and short-term purchases, with a focus on fundamental and technical analysis. Thrive discloses potential risks associated with various investment types, such as market risk, credit risk, and interest rate risk. Clients receive regular account reviews and statements directly from the custodian. Thrive does not participate in wrap fee programs and does not accept performance-based fees. The firm receives economic benefits from Schwab, including institutional brokerage services and support, without additional cost to clients. Thrive does not vote client proxies and does not solicit fees in advance exceeding $1,200 per client. For further details or inquiries, clients can contact Chief Compliance Officer Michael Ptaszenski.