Non-Profits

A primary focus of Thrive Wealth Advisors’ business is working with not-for-profit clients, primarily in the areas of corporate cash management, investment portfolio management, executive compensation, and retirement plans. We provide comprehensive services including assistance in preparing investment policy statements and retirement plan proposals, followed by the implementation support and on-going monitoring of the policy and plans. As part of our services, we frequently interact with the committees, board members, and staff members that are responsible for oversight of finances and investments. At Thrive Wealth Advisors we understand that aligning your financial goals and your mission is essential.

  1. Investment Portfolio Management Principles
    • Objectives
      • We define objectives that support the mission
    • Payout Policy
      • We budget for outflows based on specific needs and time horizons
    • Asset Allocation
      • We conduct risk-return analysis based on objectives and payouts 
    • Risk Management
      • We manage risk by recognizing and seeking to minimize risks that threaten financial objectives
    • Investments
      • We select investments with the goal of reducing your expenses, maintaining liquidity, and potentially improving return.
    • Responsibilities
      • Construct a bulletproof investment policy that leaves no ambiguity in the correlation between your portfolio and your mission
  2. Cash Management
    • Easy to Access Funds through Bank Coordination
    • Compartmentalize Funds to Pursue Specific Goals
  3. Retirement Planning
    • Qualified Retirement Plans
      • 403b, 401k, SIMPLE IRA, etc.
    • Non-Qualified Retirement Plans
      • Direct Compensation Plans
      • Payroll Deduction Plans
    • Executive Compensation Plans
      • Supplemental Executive Retirement Plans
  4. Investment Policy Review
    • Discuss Objectives
    • Develop Policy
    • Implement Guidelines
 This information was developed as a general guide to educate plan sponsors, but is not intended as authoritative guidance or tax or legal advice.  Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.  In no way does advisor assure that, by using the information provided, plan sponsor will be in compliance with ERISA regulations.