TH Financial provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.
TH Financial reports 54 clients. They include 29 high-net-worth individuals and 25 individual clients. Of its assets, 100.0% ($105M across 211 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 46% | 13% |
| High-net-worth individuals | 54% | 87% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 25 | $13.2M | 12.6% | $528K |
| High-net-worth individuals | 29 | $91.4M | 87.2% | $3.15M |
| Corporations and other businesses | Fewer than 5 | $171K | 0.2% | — |
| Total | 54 | $105M | 100% | — |
- Clients
- 25
- Regulatory AUM
- $13.2M
- AUM share
- 12.6%
- Avg. per client
- $528K
- Clients
- 29
- Regulatory AUM
- $91.4M
- AUM share
- 87.2%
- Avg. per client
- $3.15M
- Clients
- Fewer than 5
- Regulatory AUM
- $171K
- AUM share
- 0.2%
- Avg. per client
- —
Total
- Clients
- 54
- Regulatory AUM
- $105M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
TH Financial charges 0.35%–0.85% a year for its Wealth Management Fees. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and has a $4,250 annual minimum. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 0.85% |
| $2M–$5M | 0.65% |
| $5M–$10M | 0.50% |
| $10M and above | 0.35% |
Fee details and sources
Other fees
- Financial Planning and Consulting Fees
- Stand-alone financial planning and consulting is a fixed fee ranging from $2,500 to $12,000, negotiable by scope and complexity, with one-half due on signing.
Bennie Hobson owns 75% or more of TH Financial. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of TH Financial, LLC
Bennie Hobson
Control person · since November 2024
Besides its headquarters, TH Financial has 1 office (1 private residence, listed without an address), with 1 listed address with no US state reported.
Contact and registration details
- Legal name
- TH Financial, LLC
- Headquarters
- Not reported
- Website
- springlakefp.com
- Phone
- 615-659-0220
- SEC file
- 801-136006
- Structure
- Tennessee LLC
- Fiscal year end
- December
TH Financial’s named custodian for separately managed accounts is Fidelity ($105M). TH Financial does not have custody of client assets.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $105M100%
At year end, TH Financial’s separately managed accounts were mostly in funds (50%) and cash (38%).
What the accounts hold
- Stocks8%
- Funds50%
- Bonds3%
- Cash38%
- Other1%
- Derivatives1%
How many clients does TH Financial have?
TH Financial has 54 clients and manages $105 million for them, as of April 2026. They include 29 high-net-worth individuals and 25 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 April 2026
What services does TH Financial offer?
TH Financial provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does TH Financial charge?
TH Financial charges 0.35%–0.85% a year for its Wealth Management Fees. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and has a $4,250 annual minimum.
Source: DISCLOSURE BROCHURE FOR TH FINANCIAL, LLC, filed 26 March 2026
Which custodians does TH Financial use?
TH Financial’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $105M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 April 2026
How many financial advisors does TH Financial have?
TH Financial has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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
What does TH Financial invest in?
At the end of its last fiscal year, TH Financial’s separately managed accounts held 50% registered funds (mutual funds, ETFs, BDCs), 38% cash and equivalents, 8% exchange-traded equities, 3% state and local bonds and 1% derivatives.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns TH Financial?
TH Financial’s direct owner is Bennie Hobson (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 17 April 2026
How does TH Financial get paid?
TH Financial is paid through a percentage of assets under management 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
How do I contact TH Financial?
Its phone number is 615-659-0220. Its website is springlakefp.com.