Flourish Wealth Management Inc.

Flourish Wealth Management, Inc. is a registered investment adviser based in Edina, MN, established in April 2014. The firm manages over $383 million in assets as of December 31, 2024, offering wealth management services to individuals, high net worth individuals, trusts, and foundations. Flourish operates under a fiduciary standard, always prioritizing clients' interests and disclosing any potential conflicts of interest. The firm provides investment advisory services, including portfolio management using no-load mutual funds or ETFs, with a preference for passive and factor-based investments. Flourish also offers financial planning services covering areas such as tax planning, retirement planning, and insurance analysis. The firm's fee structure for wealth management services is based on a percentage of assets under management, with a minimum account size of $1 million or a minimum annual fee of $10,000. Separate financial planning services are offered on a fixed or hourly fee basis. Flourish does not charge performance-based fees and does not engage in principal transactions for client accounts. The firm's investment strategies are rooted in Modern Portfolio Theory, focusing on diversified portfolios and long-term investment approaches. Clients have the option to incorporate Socially Responsible Investments (SRI) and Environmental, Social, and Governance (ESG) strategies in their portfolios. Flourish utilizes the Schwab Advisor Services program for custody and trade execution services. The firm does not vote proxies on behalf of clients and does not have any disciplinary information to disclose.