{"url":"https://nivawealth.com/firms/th-financial-334134","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/334134","regulatoryAum":104756929,"crd":"334134","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6913334","suffix":null,"lastName":"Carpenter","firstName":"Katie","middleName":"Jo'Anne"},{"crd":"5825484","suffix":null,"lastName":"HOBSON","firstName":"BENNIE","middleName":"TRAVIS"}],"total":2,"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"},"secFileNumber":"801-136006","legalName":"TH Financial, LLC","displayName":"TH Financial","slug":"th-financial-334134","website":"https://springlakefp.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Tennessee limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"24 April 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1936772.611111111,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":104756929,"discretionary":104756929,"discretionaryAccounts":211,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":25,"regulatoryAum":13204696},{"label":"High-net-worth individuals","clients":29,"regulatoryAum":91381025},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":171208}],"feePrograms":[{"role":"main","program":"Wealth Management Fees","feeBasis":"marginal","fee_tiers":[{"to":2000000,"pct":0.85,"from":0},{"to":5000000,"pct":0.65,"from":2000000},{"to":10000000,"pct":0.5,"from":5000000},{"to":null,"pct":0.35,"from":10000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1027564","versionId":1027564,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-26","documentName":"DISCLOSURE BROCHURE FOR TH FINANCIAL, LLC","fee_rate_low":0.35,"fee_rate_high":0.85,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":4250},{"role":"other","program":"Financial Planning and Consulting Fees","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1027564","versionId":1027564,"submittedOn":"2026-03-26","documentName":"DISCLOSURE BROCHURE FOR TH FINANCIAL, LLC"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T17:55:22.532916+00:00","documents":[{"name":"DISCLOSURE BROCHURE FOR TH FINANCIAL, LLC","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1027564","versionId":1027564,"submittedOn":"2026-03-26"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1001057","versionId":1001057,"submittedOn":null},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1001056","versionId":1001056,"submittedOn":null}]},"custodians":[{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":104756929}],"custodyNote":"TH Financial does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Bennie Hobson","title":"Managing Member","crd":"5825484"}],"ownership":[{"label":"Bennie Hobson","detail":"Managing member and in the 75% or more ownership band and a control person, since November 2024."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"615-659-0220","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":8},{"label":"U.S. state and local bonds","percent":3},{"label":"Derivatives","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":50},{"label":"Cash and cash equivalents","percent":38}],"privateFunds":0},"sources":{"adv1FilingDate":"17 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/334134/PDF/334134.pdf","brochureDate":"26 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1027564","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 TH Financial have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does TH Financial offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does TH Financial charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does TH Financial use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does TH Financial have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does TH Financial invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns TH Financial?","answer":"TH Financial’s direct owner is Bennie Hobson (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 17 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does TH Financial get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact TH Financial?","answer":"Its phone number is 615-659-0220. Its website is springlakefp.com.","source":"Form ADV Part 1A, Item 1.F, filed 17 April 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."}