Drive Wealth Management, LLC
Drive Wealth Management, LLC is a US-based SEC-registered investment adviser headquartered in Lehi, Utah. The firm primarily serves retail investors, high net worth individuals, and select institutions, offering services such as portfolio management (discretionary and non-discretionary), financial planning, consulting, and pension advisory. As of 2025, the firm manages approximately $2.2 billion in assets and employs 28 professionals, most of whom are investment specialists. Drive Wealth emphasizes transparency in fees and is affiliated with an insurance services business through common ownership. The firm is known for structuring accounts according to client needs and for its commitment to continuous supervisory management.
Investment Strategy
Drive Wealth Management’s investment strategy centers on portfolio management tailored for retail and high net worth investors. The firm employs both discretionary and non-discretionary approaches, designing portfolios to meet individualized risk and return goals. Their holdings typically include large-cap equities, broad-market ETFs, and diversified sector exposure. Advisory services also include recommendations of sub-advisers, financial planning, and pension consulting. The investment philosophy prioritizes continuous oversight, diversification, and transparent fee structures, while also integrating insurance solutions where appropriate due to affiliated insurance agency relationships. The firm’s client base skews toward US individuals and pension/profit sharing plans, with minimal institutional or non-US involvement.
Latest 13F Filing Activity
Drive Wealth Management, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 345 equity positions with a total 13F market value of $456M. The fund increased holdings in J P Morgan Exchange Traded F, Microsoft Corp., Nvidia Corporation among other positions. Drive Wealth Management, LLC reduced exposure to Berkshire Hathaway Inc. Del, Berkshire Hathaway Inc. Del, Unitedhealth Group Inc. among others.
Top Holdings
Equity Positions (345)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I IVV | ISHARES TR | 6.30% | $28.8M | 46,324 | $468.94 | $620.90 | +$2.1M |
V VEA | VANGUARD TAX-MANAGED FDS | 4.56% | $20.8M | 364,665 | $46.97 | $57.01 | +$2.8M |
B BBUS | J P MORGAN EXCHANGE TRADED F | 3.26% | $14.9M | 132,922 | $105.44 | $111.92 | +$3.5M |
A AAPL | APPLE INC | 3.04% | $13.9M | 67,581 | $164.80 | $205.17 | -$1.2M |
V VWO | VANGUARD INTL EQUITY INDEX F | 3.03% | $13.8M | 279,522 | $41.50 | $49.46 | +$1.3M |
Industry Allocation
Investment Team (7)
| Name | Role | Location | |
|---|---|---|---|
 | Associate | Lindon, UT , United States | |
| Chief Investment Officer | Salt Lake City, UT , United States | ||
 | Investment Analyst | Orem, UT , United States | |
 | Principal | Lehi, UT , United States | |
 | Investment Analyst | Lehi, UT , United States | |
M Matthew Davis | Research Analyst | Salt Lake City, UT , United States | |
 | Senior Portfolio Manager | St. George, UT , United States |