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Thrasher & Chambers Wealth Management

Wealth managementRIA

Bentonville, ARCRD 293532Updated

Thrasher & Chambers Wealth Management is an investment adviser based in Bentonville, AR, registered with the SEC since 2025. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients and charitable organizations. Its regulatory assets under management total $151 million, as filed on 7 July 2026.

400
Clients
$372K
AUM per individual client
3
Advisory staff
1
Offices
See fees
Annual fee

From Form ADV filed 7 July 2026SEC record

Services and clients

Thrasher & Chambers Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars. Financial planning was provided to 251–500 clients last fiscal year.

Thrasher & Chambers Wealth Management reports 400 clients. They include 308 individual clients, 90 high-net-worth individuals and 2 charitable organizations. Of its assets, 0.0% ($0 across 0 accounts) are managed with discretion; $151M across 400 accounts are not. It advised 400 clients without assets under management last fiscal year.

Clients and assets by client type
Clients400 clients reported
Assets$151M
Client typeClientsAssets
Individuals (other than HNW)77%38%
High-net-worth individuals23%60%
Banking or thrift institutionsFewer than 50%
Pension and profit-sharing plansFewer than 50%
Charitable organizations<1%2%
Other client typesState or municipal government entities; Other investment advisers; Insurance companies; Sovereign wealth funds and foreign official institutions; Corporations and other businessesNot reported0%

Client shares use reported counts. Client types without a reported count are excluded from that total.

Client breakdown and activity details
Individuals (other than HNW)
Clients
308
Regulatory AUM
$57M
AUM share
37.7%
Avg. per client
$185K
High-net-worth individuals
Clients
90
Regulatory AUM
$91M
AUM share
60.3%
Avg. per client
$1.01M
Banking or thrift institutions
Clients
Fewer than 5
Regulatory AUM
$0
AUM share
0.0%
Avg. per client
—
Pension and profit-sharing plans
Clients
Fewer than 5
Regulatory AUM
$0
AUM share
0.0%
Avg. per client
—
Charitable organizations
Clients
Fewer than 5
Regulatory AUM
$3M
AUM share
2.0%
Avg. per client
$1.5M
State or municipal government entities
Clients
Fewer than 5
Regulatory AUM
$0
AUM share
0.0%
Avg. per client
—
Other investment advisers
Clients
Fewer than 5
Regulatory AUM
$0
AUM share
0.0%
Avg. per client
—
Insurance companies
Clients
Fewer than 5
Regulatory AUM
$0
AUM share
0.0%
Avg. per client
—
Sovereign wealth funds and foreign official institutions
Clients
Fewer than 5
Regulatory AUM
$0
AUM share
0.0%
Avg. per client
—
Corporations and other businesses
Clients
Fewer than 5
Regulatory AUM
$0
AUM share
0.0%
Avg. per client
—

Total

Clients
400
Regulatory AUM
$151M
AUM share
100%
Avg. per client
—
Clients outside the U.S.
0%
Clients advised without assets under management last fiscal year
400
Private funds advised
0
Financial planning clients last fiscal year
251–500

Fees and minimums

Thrasher & Chambers Wealth Management is paid through a percentage of assets under management. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure.

Ownership and people

Mark Chambers owns 75% or more of Thrasher & Chambers Wealth Management. It has 5 employees, 3 of them in advisory roles.

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Staff

  • 5 employees
  • 3 in advisory functions
  • 3 state-registered reps
  • 2 broker-dealer reps
  • 3 insurance agents
Who owns the firm
Thrasher & Chambers Wealth Management, LLC· the adviser
  • Mark Chambers

    Control person · since November 2017

    Owns 75% or more of Thrasher & Chambers Wealth Management, LLC
  • David Thrasher Trustee for the David Thrasher Revocable Trust

    Control person · since November 2017

    Owns 50% to 75% of Thrasher & Chambers Wealth Management, LLC
    • David Thrasher

      Trustee for the david thrasher revocable trust · Control person · since January 2003

Growth and acquisitions

Thrasher & Chambers Wealth Management’s regulatory assets grew 1.5× from $100M (April 2025) to $151M (July 2026); clients were 400 in both filings and employees were 5 in both filings.

By annual filing
Measure
Figures from each annual filing
FiledRegulatory AUMClientsStaffEmployeesOffices
Jul 2026July 2026$151M40051
Apr 2025April 2025$100M40151

Offices and registration details

Besides its headquarters, Thrasher & Chambers Wealth Management has 0 offices, with 1 listed address in 1 state.

Listed office addresses by state

Arkansas · 1 listed address

  • 1110 Se 28th Street, Suite 10, BentonvilleHQ

Contact and registration details

Legal name
Thrasher & Chambers Wealth Management, LLC
Headquarters
1110 Se 28th Street, Suite 10, Bentonville, AR 72712
SEC file
801-132212
Structure
Arkansas LLC
Fiscal year end
December

Custodians

Thrasher & Chambers Wealth Management does not have custody of client assets.

Investments and reported holdings

At year end, Thrasher & Chambers Wealth Management’s separately managed accounts were mostly in funds (70%) and stocks (20%).

What the accounts hold

Separately managed account assets by class, year end
  • Stocks20%
  • Funds70%
  • Cash10%

Common questions

How many clients does Thrasher & Chambers Wealth Management have?

Thrasher & Chambers Wealth Management has 400 clients and manages $151 million for them, as of July 2026. They include 308 individual clients, 90 high-net-worth individuals and 2 charitable organizations.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 7 July 2026

What services does Thrasher & Chambers Wealth Management offer?

Thrasher & Chambers Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

How many financial advisors does Thrasher & Chambers Wealth Management have?

Thrasher & Chambers Wealth Management has 3 investment adviser representatives registered with state securities authorities, out of 5 employees, and 3 perform investment advisory functions. 2 employees are registered representatives of a broker-dealer and 3 employees are 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 Thrasher & Chambers Wealth Management invest in?

At the end of its last fiscal year, Thrasher & Chambers Wealth Management’s separately managed accounts held 70% registered funds (mutual funds, ETFs, BDCs), 20% exchange-traded equities and 10% cash and equivalents.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Thrasher & Chambers Wealth Management?

Thrasher & Chambers Wealth Management’s direct owners are Mark Chambers (75% or more) and David Thrasher Trustee for the David Thrasher Revocable Trust (50% to 75%).

Source: Form ADV Part 1A, Schedules A and B, filed 7 July 2026

How does Thrasher & Chambers Wealth Management get paid?

Thrasher & Chambers Wealth Management is paid through a percentage of assets under management. 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 Thrasher & Chambers Wealth Management?

Thrasher & Chambers Wealth Management’s main office is at 1110 Se 28th Street, Suite 10, Bentonville, AR 72712. Its phone number is 479-273-5333. Its website is thrasherandchambers.com.

Source: Form ADV Part 1A, Item 1.F, filed 7 July 2026

Sources and methodology

  1. Form ADV Part 1A, amendment filed 7 July 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. THRASHER & CHAMBERS ADV PART 2A, submitted 7 July 2026.
  3. IAPD firm record, CRD 293532.
  4. SEC registered adviser data, annual Form ADV amendments filed 18 April 2025 to 7 July 2026. Items 1.F and 5.
  5. SEC investment adviser representative register, as of 9 October 2026; loaded 10 October 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since. Disciplinary history is not yet shown here. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one.

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