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DRIVE WEALTH ADVISERS

3 known aliases resolved via the canonical alias map

Market position · 2024

Plans served3Rank #3210 of mapped providers
Assets under administration$12M0.0%Market share · rank #10094
Fees received$23,860Median $6,001/planSum across Schedule C direct + indirect
Net wins YoY+02 won · 2 lostPlan-level switch detection
Plans served · 5-year trajectory
Market-share plans percent annotated. Bar height is raw plan count.
Customer-base shape
What does a typical DRIVE WEALTH ADVISERS plan look like?
Service mix · median fees per plan
Count of plans where DRIVE WEALTH ADVISERS ships each service code, and the median compensation they report under it.
ServicePlansMedian feesDistribution
Investment advisory (participants); Investment advisory (plan); Investment management fees paid directly by planCode 26
2$5,540
Trustee (bank, trust company, or similar financial institution); Recordkeeping and information management (computing, tabulating, data processing, etc.); Other services; Direct payment from the plan; Recordkeeping fees; Other feesCode 15
1$12,781
Competitor overlap
Percent of DRIVE WEALTH ADVISERS's plans that also list each competitor on Schedule C. High numbers = co-living partners; low numbers = direct displacement targets.
Plans won in 2024
Appeared this year; did not appear last year under DRIVE WEALTH ADVISERS.
SponsorFromAssets
PAYDAY BENEFITS, LLCUT · 200416309-333
(new plan)$7M
ELECTRIC POWER SYSTEMS INCUT · 842193137-001
FORESIGHT WEALTH MANAGEMENT$4M
Plans lost in 2024
Appeared last year under DRIVE WEALTH ADVISERS; not this year.
SponsorToAssets
ADVISORTRUST, INC.SD · 464091337-002
SOLTIS INVESTMENT ADVISORS$76M
Top plans by assets
Searchable full list lands with the commercial layer.
PlanAssetsParticipantsFeesTenureFlags
PAYDAY BENEFITS, LLCUT · 200416309-333
$7M1,441$5,0781y1
ELECTRIC POWER SYSTEMS INCUT · 842193137-001
$4M164$12,7811y1
PREMIER FAMILY MEDICAL, LLCUT · 462252776-002
$1M0$6,0015y-
Flag exposure
100.0%Market: 89.2%
This provider
Market baseline

Share of this provider's plans tripping any deterministic red flag this year. Lower than market baseline = better risk surface.

Aliases resolved (3)
Raw Schedule C names collapsed into DRIVE WEALTH ADVISERS.
  • DRIVE WEALTH ADVISERS
  • DRIVE WEALTH MANAGEMENT
  • DRIVE WEALTH MANAGEMENT, LLC
Book composition by plan size
Bars stack to total plans served; segments use the same asset cutoffs as the /retirement size filter. Up-and-to-the-right on the bigger segments = moving up-market.
Under $5M$5-50M$50-250M$250M-1B$1B+
Compliance posture vs market
Per-flag share for DRIVE WEALTH ADVISERS's book against the same flag's overall prevalence across all filings. Negative delta = under-indexed (cleaner book); positive = elevated risk surface.
FlagPlans flaggedProvider %Market %Delta
Recently terminated00.00%7.76%-7.76 pp
Fidelity bond gap266.67%26.94%+39.73 pp
Late contributions00.00%1.71%-1.71 pp
Failed to provide benefit00.00%0.14%-0.14 pp
Corrective distributions00.00%1.76%-1.76 pp
Loss discovered00.00%0.00%-0.00 pp
New-plan formation share
Share of plans filing for the first time each year that landed with DRIVE WEALTH ADVISERS. Compare to the incumbent market share (0.0%) - higher = winning new business, lower = coasting on existing relationships.
0.0%+0.0 pp vs incumbent
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