Bret T. Elam

THRIVE CAPITAL MANAGEMENT

Fort Washington, PA 19034

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CRD#: 3258973

Professional summary

Bret Thomas Elam, who also goes by Bret Elam, is a registered financial advisor currently at THRIVE CAPITAL MANAGEMENT, LLC located in Fort Washington, Pennsylvania.

Bret is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1999. Bret has worked at 5 firms and has passed the Series 65, Series 63, Series 7 and Series 6 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Bret Elam

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

Mr. Elam has been the Vice President of Colony Pools Service of PA, a swimming pool maintenance and servicing company located at 5107 Governor Printz Blvd, Wilmington DE 19809 since December 2020. This is a non-investment related business. Mr. Elam devotes approximately 2 hours/month to this business; 0 hours during securities trading hours. His duties relating to this other business involve strategic planning and finances.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Bret Thomas Elam's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

None

Experience

Current

February 20, 2017 - Present

THRIVE CAPITAL MANAGEMENT, LLC

Office #1: 500 W Office Center Drive Suite 300, Fort Washington, PA 19034

RIA

CRD#: 281347

Fort Washington, PA

Past

February 2, 2010 - September 28, 2010

QUESTAR CAPITAL CORPORATION

CRD#: 43100

FORT WASHINGTON, PA

Past

March 11, 2008 - December 21, 2009

SECURITIES AMERICA, INC.

CRD#: 10205

FORT WASHINGTON, PA

Past

October 1, 2000 - December 18, 2007

WELLS FARGO CLEARING SERVICES, LLC

CRD#: 19616

ST. LOUIS, MO

Past

July 27, 1999 - October 1, 2000

FIRST UNION BROKERAGE SERVICES, INC.

CRD#: 8112

CHARLOTTE, NC

Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".

THRIVE CAPITAL MANAGEMENT, LLC

OPTIMAL WEALTH SERVICES | THRIVE CAPITAL MANAGEMENT, LLC

CRD#: 281347 / SEC#: 801-119936

RIA

Registered Investment Advisory firm - (12/7/2020 Approved)

Florida

Registered Investment Advisory firm - (12/10/2020 Terminated)

New Jersey

Registered Investment Advisory firm - (12/31/2020 Terminated)

Pennsylvania

Registered Investment Advisory firm - (12/11/2020 Terminated)

Texas

Registered Investment Advisory firm - (12/10/2020 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

Highlighted states indicate IAR registrations

IAR

New Jersey
(3/1/2017)

IAR

Pennsylvania
(2/20/2017)

IAR

Texas
(12/7/2018)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

State Security Law Exam

IAR

Series 65

Date: 2/6/2017

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 7/29/1999

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 7

Date: 5/24/2005

General Securities Representative Examination

General Industry/Product Exam

Series 6

Date: 7/26/1999

Investment Company Products/Variable Contracts Representative Examination

Current Firm

THRIVE CAPITAL MANAGEMENT, LLC

OPTIMAL WEALTH SERVICES | THRIVE CAPITAL MANAGEMENT, LLC

CRD#: 281347 / SEC#: 801-119936

RIA

Registered Investment Advisory firm - (12/7/2020 Approved)

Florida

Registered Investment Advisory firm - (12/10/2020 Terminated)

New Jersey

Registered Investment Advisory firm - (12/31/2020 Terminated)

Pennsylvania

Registered Investment Advisory firm - (12/11/2020 Terminated)

Texas

Registered Investment Advisory firm - (12/10/2020 Terminated)

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Contact information

Main Address

500 W Office Center Drive Suite 300, Fort Washington, PA 19034

Mailing Address

Phone number

(800) 516-5861

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (12 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

ADV PART 2A (3/26/2025)

Regulatory assets under management

Total Number of Accounts	2,494
AUM (Assets Under Management)	$ 397,680,145

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

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Advisor Monitoring

Firm Stability Insights

Bret T. Elam

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Bret Thomas Elam's CRS (Customer Relationship Summary).

Certified licenses

Experience

QUESTAR CAPITAL CORPORATION

SECURITIES AMERICA, INC.

WELLS FARGO CLEARING SERVICES, LLC

FIRST UNION BROKERAGE SERVICES, INC.

Primary Firm SEC Registration

THRIVE CAPITAL MANAGEMENT, LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 2/6/2017

Series 63

Date: 7/29/1999

Series 7

Date: 5/24/2005

Series 6

Date: 7/26/1999

Current Firm

THRIVE CAPITAL MANAGEMENT, LLC

Contact information

SEC notice filing (12 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

THRIVE CAPITAL MANAGEMENT, LLC

TRUST BUT VERIFY

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