DRIVE WEALTH ADVISERS
Firm details
- Headquarters
- LEHI, Utah
- CRD number
- 174728
- Registered since
- May 11, 2018
- Website
- drivewealthadvisers.com
- Custodians
- FIDELITY DISTRIBUTORS COMPANY LLC
- Fee structure
- Percentage of AUM, Hourly Charges, Fixed Fees, Other
- Client types
- HNWI85.87%
- Individuals11.35%
- Pension & Profit Sharing Plans2.71%
- Corporations / Businesses0.05%
- Charitable Organizations0.02%
- Services
- Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers
Firm profile
FINTRXOverview
Drive Wealth Advisers is an independent registered investment adviser organized as an LLC and operating as a capital allocator for both individual/family and institutional clients. The firm provides fee-based financial planning and portfolio management for individuals, small businesses, and institutions, plus pension consulting and the selection of other advisers. Compensation models include percentage-of-AUM fees alongside hourly and fixed-fee arrangements. Drive Wealth Advisers is not an ESG-focused manager according to its filings and lists professional ties with accountants, law firms, insurance companies and sponsors or general partners of pooled vehicles. The firm was registered with the SEC in 2018. Drive Wealth Advisers was included in Citywire’s 2020 list “50 Growers Across America.”
Assets & Accounts
Public Holdings
Investments & Alternatives
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Public Funds/Mutual Funds31%
- Exchange Traded Equities25%
- Private Funds19%
- State & Local Bonds13%
- Cash & Cash Equivalents10%
Owners & executives
3 of 5James Hawker
Chief Investment OfficerCRD 6572776
MATTHEW PENDLETON
Chief Compliance OfficerCRD 4905346
Paul Grinceri
Chief Financial OfficerCRD 8055482
Contacts
3 of 15ADAM JONES
AdviserCRD 5485098
RICHARD JONES
Investment Adviser RepresentativeCRD 1047598
BRENTON RIPLEY
AdviserCRD 4258406
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 84Active vs passive
$249M in ETFs
70%
$173M
30%
$76M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| VANGUARD TAX-MANAGED FUNDS (VEA) | Vanguard | Passive | Foreign Large Blend | $26.6M | 415,652 | 10.69% |
Location
LEHI, UT
UTAH
Location
LEHI, UT
Headquartered in LEHI, UT, anchoring the Salt Lake City-Provo-Orem, UT metro in the West.
- Metro area
- Salt Lake City-Provo-Orem, UT
- Region
- West
- County
- UTAH
- Address
- 3333 N Digital Dr
- Time zone
- MT (UTC-7)
- Office locations
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