{"url":"https://nivawealth.com/firms/flourish-wealth-management-170591","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/170591","regulatoryAum":455213739,"crd":"170591","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7804313","suffix":null,"lastName":"Fenwick","firstName":"Joseph","middleName":null},{"crd":"2757434","suffix":null,"lastName":"LONGO","firstName":"KATHLEEN","middleName":"MARIE"},{"crd":"2272144","suffix":null,"lastName":"PLUIMER","firstName":"JAY","middleName":"EDWARD"},{"crd":"7495949","suffix":null,"lastName":"Shultz","firstName":"Jayden","middleName":"L"}],"total":4,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-26","regulatoryAum":177386593,"clients":95,"employees":6,"offices":1},{"filedOn":"2022-05-13","regulatoryAum":226542713,"clients":120,"employees":7,"offices":1},{"filedOn":"2023-07-13","regulatoryAum":258855998,"clients":145,"employees":7,"offices":1},{"filedOn":"2024-06-10","regulatoryAum":327756365,"clients":140,"employees":7,"offices":1},{"filedOn":"2025-04-14","regulatoryAum":383019477,"clients":149,"employees":8,"offices":2},{"filedOn":"2026-05-06","regulatoryAum":455213739,"clients":157,"employees":7,"offices":1}],"secFileNumber":"801-113325","legalName":"Flourish Wealth Management Inc.","displayName":"Flourish Wealth Management","slug":"flourish-wealth-management-170591","website":"https://flourishwealthmanagement.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/flourishwealthmanagement","founded":"2014","organization":"Minnesota corporation","fiscalYearEnd":"December","headquarters":{"street":"3300 Edinborough Way, Suite 420","city":"Edina","state":"MN","stateName":"Minnesota","country":"United States","postalCode":"55435"},"tradeNames":[],"registration":{"secApproved":"31 May 2018","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2886737.203821656,"staff":{"employees":7,"advisory":5,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":455213739,"discretionary":428703170,"discretionaryAccounts":887,"nonDiscretionary":26510569,"nonDiscretionaryAccounts":13,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":4},"clientTypes":[{"label":"Individuals (other than HNW)","clients":9,"regulatoryAum":4496295},{"label":"High-net-worth individuals","clients":148,"regulatoryAum":448721446},{"label":"Pension and profit-sharing plans","clients":null,"fewerThan5":true,"regulatoryAum":1995998}],"feePrograms":[{"role":"main","program":"Wealth Management Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1016335","versionId":1016335,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-09","documentName":"FLOURISH WEALTH MANAGEMENT INC. 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ADV PART 2","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1016335","versionId":1016335,"submittedOn":"2026-03-09"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":455213569}],"custodyNote":"Flourish Wealth Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Kathleen Longo","title":"President, Wealth Manager and Chief Compliance Officer","crd":"2757434"},{"name":"Joseph Fenwick","title":"Partner & Wealth Manager","crd":"7804313"},{"name":"Jay Pluimer","title":"Director of Investments","crd":"2272144"}],"ownership":[{"label":"Kathleen Longo","detail":"President, wealth manager and chief compliance officer in the 75% or more ownership band and a control person, since January 2014."},{"label":"Joseph Fenwick","detail":"Partner & wealth manager in the 5% to 10% ownership band, since January 2025."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Minnesota","offices":1,"addresses":[{"street":"3300 Edinborough Way, Suite 420","city":"Edina","headquarters":true}]}],"brochureServices":["business succession planning","education planning","estate planning","insurance","philanthropic planning","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"952-392-4474","stateRegisteredReps":5,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Other"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":52},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":29},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":3},{"label":"Cash and cash equivalents","percent":13},{"label":"Other","percent":1,"detail":"Variable Annuities"}],"privateFunds":0},"sources":{"adv1FilingDate":"6 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/170591/PDF/170591.pdf","brochureDate":"9 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1016335","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Flourish Wealth Management have?","answer":"Flourish Wealth Management has 157 clients and manages $455 million for them, as of May 2026. They include 148 high-net-worth individuals and 9 individual clients.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 6 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Flourish Wealth Management offer?","answer":"Flourish Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, business succession planning, education planning, estate planning, insurance, philanthropic planning, and tax planning.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Flourish Wealth Management charge?","answer":"Flourish Wealth Management charges 0.40%–1.00% a year for its Wealth Management Services. The fee is billed in advance.","source":"FLOURISH WEALTH MANAGEMENT INC. ADV PART 2, filed 9 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Flourish Wealth Management use?","answer":"Flourish Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $455M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 6 May 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Flourish Wealth Management have?","answer":"Flourish Wealth Management has 5 investment adviser representatives registered with state securities authorities, out of 7 employees, and 5 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Flourish Wealth Management invest in?","answer":"At the end of its last fiscal year, Flourish Wealth Management’s separately managed accounts held 52% exchange-traded equities, 29% registered funds (mutual funds, ETFs, BDCs), 13% cash and equivalents, 3% pooled vehicles (private funds and similar), 1% state and local bonds, 1% investment grade corporate bonds and 1% other. The 1% other category is described as: Variable Annuities.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Flourish Wealth Management?","answer":"Flourish Wealth Management’s direct owners are Kathleen Longo (75% or more) and Joseph Fenwick (5% to 10%).","source":"Form ADV Part 1A, Schedules A and B, filed 6 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Flourish Wealth Management get paid?","answer":"Flourish Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Flourish Wealth Management?","answer":"Flourish Wealth Management’s main office is at 3300 Edinborough Way, Suite 420, Edina, MN 55435. Its phone number is 952-392-4474. Its website is flourishwealthmanagement.com.","source":"Form ADV Part 1A, Item 1.F, filed 6 May 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}