{"url":"https://nivawealth.com/firms/thrasher-and-chambers-wealth-management-293532","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/293532","regulatoryAum":151000000,"crd":"293532","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2584363","suffix":null,"lastName":"CHAMBERS","firstName":"MARK","middleName":"WESLEY"},{"crd":"3078186","suffix":null,"lastName":"Parrish","firstName":"Kenneth","middleName":"Eugene"}],"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"},"history":[{"filedOn":"2025-04-18","regulatoryAum":100000000,"clients":401,"employees":5,"offices":1},{"filedOn":"2026-07-07","regulatoryAum":151000000,"clients":400,"employees":5,"offices":1}],"secFileNumber":"801-132212","legalName":"Thrasher & Chambers Wealth Management, LLC","displayName":"Thrasher & Chambers Wealth 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(other than HNW)","clients":308,"regulatoryAum":57000000},{"label":"High-net-worth individuals","clients":90,"regulatoryAum":91000000},{"label":"Banking or thrift institutions","clients":null,"fewerThan5":true,"regulatoryAum":0},{"label":"Pension and profit-sharing plans","clients":null,"fewerThan5":true,"regulatoryAum":0},{"label":"Charitable organizations","clients":2,"fewerThan5":true,"regulatoryAum":3000000},{"label":"State or municipal government entities","clients":null,"fewerThan5":true,"regulatoryAum":0},{"label":"Other investment advisers","clients":null,"fewerThan5":true,"regulatoryAum":0},{"label":"Insurance companies","clients":null,"fewerThan5":true,"regulatoryAum":0},{"label":"Sovereign wealth funds and foreign official institutions","clients":null,"fewerThan5":true,"regulatoryAum":0},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":0}],"feePrograms":[],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T16:00:58.627486+00:00","documents":[{"name":"THRASHER & CHAMBERS ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050968","versionId":1050968,"submittedOn":"2026-07-07"}]},"custodians":[],"custodyNote":"Thrasher & Chambers Wealth Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Mark Chambers","title":"CEO, CCO, Manager, Member, Owner","crd":"2584363"}],"ownership":[{"label":"Mark Chambers","detail":"Ceo, cco, manager, member, owner in the 75% or more ownership band and a control person, since November 2017."},{"label":"David Thrasher Trustee for the David Thrasher Revocable Trust","detail":"Owner/ member in the 50% to 75% ownership band and a control person, since November 2017."},{"label":"David Thrasher","detail":"Indirect owner: trustee for the david thrasher revocable trust of David Thrasher Trustee for the David Thrasher Revocable Trust and a control person, since January 2003.","parent":"David Thrasher Trustee for the David Thrasher Revocable Trust"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Arkansas","offices":1,"addresses":[{"street":"1110 Se 28th Street, Suite 10","city":"Bentonville","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"479-273-5333","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)","Educational seminars/workshops"],"financialPlanningClients":"251-500","assetMix":[{"label":"Exchange-traded equity securities","percent":20},{"label":"Securities issued by registered investment companies or business development companies","percent":70},{"label":"Cash and cash equivalents","percent":10}],"privateFunds":0},"sources":{"adv1FilingDate":"7 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/293532/PDF/293532.pdf","brochureDate":"7 July 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050968","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 Thrasher & Chambers Wealth Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Thrasher & Chambers Wealth Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Thrasher & Chambers Wealth Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Thrasher & Chambers Wealth Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Thrasher & Chambers Wealth Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Thrasher & Chambers Wealth Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Thrasher & Chambers Wealth Management?","answer":"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","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."}