Fourthought Private Wealth

FourThought Financial, LLC is an SEC registered investment adviser specializing in financial planning, consulting, and investment management services. The firm was established on November 21, 2019, and is owned by Scott Pinkerton. As of December 31, 2021, FourThought had $1,191,207,558 in assets under management, managed on a discretionary basis. The firm offers wealth management services, tailored to individual client needs, including asset allocation among various investment options. Investment strategies are based on long-term strategic thinking, diversification, and risk management. FourThought provides financial planning and consulting services covering various areas such as retirement planning, tax planning, and asset protection. For wealth management services, the firm charges an annual fee based on a tiered fee schedule depending on the portfolio value. Financial planning and consulting services are typically provided through an asset-based fee or a fixed fee, ranging from $2,000 to $75,000. FourThought may also provide retirement plan consulting services for qualified employee benefit plans. The firm does not charge performance-based fees and requires a minimum portfolio value of $250,000 and a minimum fee of $750 per quarter. Clients have the option to direct brokerage and may use margin in their investment portfolios. FourThought exercises investment discretion on behalf of clients, including the authority to effect transactions without client consent. The firm does not vote client securities but provides regular account reviews and statements to clients. Additionally, FourThought does not accept compensation for client referrals and has not been involved in any material legal or disciplinary events.