{"url":"https://nivawealth.com/firms/thrive-retirement-specialists-310289","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/310289","regulatoryAum":303880397,"crd":"310289","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6004954","suffix":null,"lastName":"NEMICK","firstName":"MICHAEL","middleName":"STEPHEN"},{"crd":"5682762","suffix":null,"lastName":"WATSON","firstName":"ANTHONY","middleName":"ROBERT"}],"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":"2024-02-28","regulatoryAum":128281869,"clients":35,"employees":2,"offices":2},{"filedOn":"2025-02-18","regulatoryAum":209524228,"clients":57,"employees":2,"offices":2},{"filedOn":"2026-03-22","regulatoryAum":303880397,"clients":70,"employees":2,"offices":3}],"secFileNumber":"801-129197","legalName":"Thrive Retirement Specialists L.L.C.","displayName":"Thrive Retirement Specialists","slug":"thrive-retirement-specialists-310289","website":"https://thriveretire.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/72243899","founded":"2020","organization":"Michigan limited liability company","fiscalYearEnd":"December","headquarters":{"street":"220 S. Main St., Suite 321","city":"Royal Oak","state":"MI","stateName":"Michigan","country":"United States","postalCode":"48067"},"tradeNames":[],"registration":{"secApproved":"8 December 2023","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":4341148.528571429,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":303880397,"discretionary":303880397,"discretionaryAccounts":411,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":70,"regulatoryAum":303880397}],"feePrograms":[],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T16:41:53.950553+00:00","documents":[{"name":"TRS ADV PART 2A/2B","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023164","versionId":1023164,"submittedOn":"2026-03-22"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":303880397}],"custodyNote":"Thrive Retirement Specialists does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Anthony Watson","title":"President and CCO","crd":"5682762"}],"ownership":[{"label":"Anthony Watson","detail":"President and cco in the 75% or more ownership band and a control person, since July 2020."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":2},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Michigan","offices":1,"addresses":[{"street":"220 S. Main St., Suite 321","city":"Royal Oak","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"833-217-9613","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":5},{"label":"U.S. government/agency bonds","percent":2},{"label":"U.S. state and local bonds","percent":5},{"label":"Securities issued by registered investment companies or business development companies","percent":86},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"22 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/310289/PDF/310289.pdf","brochureDate":"22 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023164","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 Thrive Retirement Specialists have?","answer":"Thrive Retirement Specialists has 70 clients and manages $304 million for them, as of March 2026. They include 70 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 22 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Thrive Retirement Specialists offer?","answer":"Thrive Retirement Specialists provides financial planning and portfolio management for individuals and small businesses.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Thrive Retirement Specialists use?","answer":"Thrive Retirement Specialists’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $304M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Thrive Retirement Specialists have?","answer":"Thrive Retirement Specialists 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 Thrive Retirement Specialists invest in?","answer":"At the end of its last fiscal year, Thrive Retirement Specialists’ separately managed accounts held 86% registered funds (mutual funds, ETFs, BDCs), 5% exchange-traded equities, 5% state and local bonds, 2% U.S. government and agency bonds and 2% 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 Thrive Retirement Specialists?","answer":"Thrive Retirement Specialists’ direct owner is Anthony Watson (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 22 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Thrive Retirement Specialists get paid?","answer":"Thrive Retirement Specialists is paid through 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 Thrive Retirement Specialists?","answer":"Thrive Retirement Specialists’ main office is at 220 S. Main St., Suite 321, Royal Oak, MI 48067. Its phone number is 833-217-9613. Its website is thriveretire.com.","source":"Form ADV Part 1A, Item 1.F, filed 22 March 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."}