Firm
Thompson Private Wealth
Sioux Falls, South Dakota
Fee-only
Thompson Private Wealth at a glance
- One of 17 fee-only firms based in South Dakota in the Wellspent graph.
- 1 advisor is listed here.
- Its Form ADV reports 1 employee and 189 individual clients, 150 of them high net worth.
- Its average account is about $132,000 (assets it manages divided by its 557 accounts).
Facts
| Based in | Sioux Falls, South Dakota |
|---|---|
| Website | thompsonadvice.com |
| Phone | (605) 789-5988 |
Thompson Private Wealth fees
Thompson Private Wealth doesn't publish its prices on its website, or we couldn't confirm them word for word. Ask for its Form ADV Part 2A, which must describe its fees.
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets · Hourly · Fixed fees |
|---|---|
| Assets managed | $74 million |
| Individual clients | 39 |
| High-net-worth clients | 150 |
| Accounts managed | 557 |
| Employees | 1 |
| Planning clients | 1-10 |
| Financial planning | Offered |
| Form ADV filed | March 25, 2026 |
| SEC record | CRD 172142 |