# Flourish Wealth Management Inc.

> Flourish Wealth Management Inc. is an SEC-registered investment advisory firm in Edina, MN, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 6, 2026.

- CRD: 170591
- Filed as: FLOURISH WEALTH MANAGEMENT INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Edina, MN
- Filing period: October 2026
- Form ADV filing dated: May 6, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/170591
- AdvisorCensus page: https://advisorcensus.com/firm/flourish-wealth-management-inc-edina-mn-170591

## Quick answers

**How is Flourish Wealth Management Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Flourish Wealth Management Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does Flourish Wealth Management Inc. charge?**
Its Form ADV Part 2A brochure dated March 9, 2026 states: Flat fee: $7,500 to $30,000 (Flourish Financial Planning Services); Hourly rate: $150 to $400 an hour (Flourish Financial Planning Services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Flourish Wealth Management Inc. located?**
Flourish Wealth Management Inc.'s principal office is in Edina, MN, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Flourish Wealth Management Inc. registered with the SEC or a state?**
Flourish Wealth Management Inc. is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 170591.

**How much does Flourish Wealth Management Inc. manage?**
Flourish Wealth Management Inc. reports $455,213,739 in regulatory assets under management in its Form ADV filing dated May 6, 2026 (94% discretionary).

**How have Flourish Wealth Management Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Flourish Wealth Management Inc.: Regulatory assets under management: $177,386,593 in the October 2021 data and $455,213,739 in the October 2026 data, up 157%. Total employees: 6 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Flourish Wealth Management Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (148); individuals (other than high net worth individuals) (9).

**Which custodians does Flourish Wealth Management Inc. use?**
Flourish Wealth Management Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Flourish Wealth Management Inc. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/170591

**What changed in Flourish Wealth Management Inc.'s recent Form ADV filings?**
In the June 2026 filing data: Employees performing advisory functions went from 6 to 5. No longer lists an office in Westlake Village, CA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 9, 2026)

- Flat fee: $7,500 to $30,000 (Flourish Financial Planning Services)

> These fees generally range from $7,500 to $30,000 on a fixed fee basis and/or from $150 to $400 on an hourly rate basis, depending upon the level and scope of the services

- Hourly rate: $150 to $400 an hour (Flourish Financial Planning Services)

> These fees generally range from $7,500 to $30,000 on a fixed fee basis and/or from $150 to $400 on an hourly rate basis, depending upon the level and scope of the services

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $455,213,739
- Discretionary: $428,703,170
- Non-discretionary: $26,510,569

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 9 | $4,496,295 |
| High net worth individuals | 148 | $448,721,446 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $1,995,998 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Other

### Firm details
- Registered since: 2018 (8 years)
- Employees: 7 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, MN, TX, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Westlake Village, CA

### Websites listed on Form ADV (Item 1.I)
- flourishwealthmanagement.com
- Facebook @FLOURISHWEALTHMANAGEMENT
- Instagram @flourishwealthmanagement
- LinkedIn @flourishwealthmanagement

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $177,386,593 | 6 | August 25, 2021 |
| October 2022 | $226,542,713 | 7 | May 13, 2022 |
| October 2023 | $258,855,998 | 7 | July 13, 2023 |
| October 2024 | $327,756,365 | 7 | June 10, 2024 |
| October 2025 | $383,019,477 | 8 | April 14, 2025 |
| October 2026 | $455,213,739 | 7 | May 6, 2026 |

Regulatory assets under management: $177,386,593 in the October 2021 data and $455,213,739 in the October 2026 data, up 157%.
Total employees: 6 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Employees performing advisory functions went from 6 to 5.
- No longer lists an office in Westlake Village, CA.

### March 2026
- Employees performing advisory functions went from 5 to 6.
- Regulatory assets under management went from $383,019,477 to $455,213,739 (+19%).

### January 2026
- No longer registered or notice-filed in MO.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Flourish Wealth Management Inc. (CRD 170591): Form ADV filing data as of October 2026.