Trident Wealth Management, LLC

CRD#142636
Investment Advisor Firm

Answer a few questions and
get matched with an advisor.

Find an Advisor

Overview

Trident Wealth Management, LLC operates as an advisory firm based in Scottsdale, Arizona. It manages $7.9 million in assets under management throughout 31 accounts. It has a small team of one employee who is a financial advisor. Trident Wealth Management, LLC does not act as a registered broker-dealer, meaning the firm cannot buy and sell securities for its customers' and own accounts and instead must go through a broker-dealer firm to do so. Securities are defined as tradable financial investments like bonds, equities and options.

Trident Wealth Management, LLC manages most of the company's client assets on a discretionary basis. Discretionary management is a structure in which a portfolio manager makes transaction judgments for the client's account without needing the customer's permission. It also has one non-discretionary accounts with a total of $1.4 million in assets. The investment advisory firm oversees roughly $254,138 in assets for every customer account. The typical advisor at Trident Wealth Management, LLC manages about 31 client accounts, placing it towards the middle in terms of personalization.

The firm's headquarters is at 9777 N. 91St Street, Scottsdale, Arizona 85258. The company is legally permitted to serve investors in the state of Arizona.

Assets Under Management

$7.9 million

Number of Advisors

1

Fee Structure

Asset-based

Disclosures

No

Office Location

9777 N. 91St Street
Scottsdale, AZ 85258

Trident Wealth Management, LLC by the Numbers

Total Assets Under Management

$7.9 million

National Average: $3.3 billion
Total Number of Employees

1

National Average: 4,943
Total Number of Accounts

31

National Average: 2,522
Average Account Size

$254.1 thousand

National Average: $1.3 million

Find a dedicated advisor for your needs

Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.

Back to Overview

Products and Services

Services offered by Trident Wealth Management, LLC can include portfolio management for individuals and small businesses and selection of other advisers. Notably, the company did not provide any of its clients with financial planning services in the prior financial year. Trident Wealth Management, LLC does not sell products or offer services aside from investment advisory services to its investment advisory accounts.

Core Advisor Services

  • Find a firm that offers this service

    Financial Planning Services

    This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

  • Offered by 63% of firms

    Portfolio Management

    This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

  • Find a firm that offers this service

    Market Timing Services

    This is the practice of attempting to make short-term profits on investments by buying low and selling high.

Other Services

  • Offered by 23% of firms

    Selection of Other Advisors

    This is the firm's assistance with choosing other advisors to work with who may have different specialties.

  • Find a firm that offers this service

    Publication of Periodicals

    This is the publication of various financial education materials.

  • Find a firm that offers this service

    Educational Seminars/Workshops

    This is the hosting of seminars or workshops to educate investors on financial concepts.

Back to Overview

Fee Structure

Financial advisory fees usually vary depending on which service is offered. Fees billed by the company typically consist of the following fee types: asset-based. The firm does not supply a wrap fee program, in which the company offers a service bundle for a single fee. The company is able to withdraw the expenses directly from customer funds.

Available

  • Offered by 75% of firms

    Percentage of Assets

    Show Explanation

    This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

Unavailable

  • Find one of the 37% of firms that offer this fee type

    Hourly

    Show Explanation

    Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

  • Find one of the 3% of firms that offer this fee type

    Commissions

    Show Explanation

    Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

  • Find one of the 17% of firms that offer this fee type

    Performance-based

    Show Explanation

    Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

  • Find one of the 1% of firms that offer this fee type

    Subscription

    Show Explanation

    Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

  • Find one of the 40% of firms that offer this fee type

    Fixed

    Show Explanation

    Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

  • Find one of the 12% of firms that offer this fee type

    Other

    Show Explanation

    Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

Back to Overview

Types of Clients

Trident Wealth Management, LLC caters to retail investors and high net worth investors. Out of its 31 accounts, Trident Wealth Management, LLC's largest client type is retail investors, but it also serves three high-net-worth individuals. The SEC defines a high-net-worth individual as someone who has at least $750,000 in AUM or a net worth of at least $1.50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments). None of its clients are represented by non-U.S. persons.

  • High-Net-Worth Individuals* - 9.68%
  • Other Individuals - 90.32%
  • Corporations - 0%
  • Charitable Organizations - 0%

* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

Find an advisor who will work directly with you

Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.

Back to Overview

Disclosures

Trident Wealth Management, LLC does not have any disclosures.

Please visit its Form ADV for more details.

Back to Overview
Back to Overview

Find a financial advisor near you

If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.

Back to Overview

This content was compiled from the SEC and FINRA