Ashton Thomas Private Wealth
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$5,859,310,345
Clients
3,181
Advisors
77
across 20 offices
About
Ashton Thomas Private Wealth provides investment advisory and wealth-management services to a broad client base, including individuals, business entities, trusts, family offices, retirement plans and institutional accounts. Services include discretionary and non-discretionary portfolio management on wrap and non‑wrap bases, financial planning and retirement-plan fiduciary consulting, and access to third‑party managers through its Amplify Platform.
The firm typically allocates client assets across mutual funds, ETFs, independent managers and sub‑advisers, and may use strategies such as options, structured notes, inverse/enhanced products and selective cryptocurrency exposure via ETFs or specialist managers. Ashton Thomas also presents performance history for predecessor or affiliated strategies tied to its acquisitions and boutiques (for example via its Mill Street and Day Hagan affiliations), a disclosure and marketing practice that is less common among large enterprise advisers.
Distinctive features include ownership of Day Hagan Asset Management (an adviser to certain ETFs) and a platform model that requires investment adviser representatives to use the Amplify Platform (with Platform Fees disclosed and sometimes absorbed by advisers), as well as routine use of sub‑advisers for fixed‑income management. The firm disclosed an SEC enforcement action in 2024 for a late 13(f) filing and a $375,000 sanction and states it implemented new procedures thereafter; investors should weigh these regulatory and affiliated‑product disclosures alongside the firm’s other policies on conflicts and fee sharing.
Client services
Expertise
Occupation focus
Fee options
Variable product model design and maintenance fees range from $1,200 to $1,500 per variable contract.
$0 - $2,000,000: Negotiable, up to 2.99% annually $2,000,000 - $10,000,000: 0.75% annually (Mill Street Small Cap Core Strategy) $10,000,000+: 0.70% annually (Mill Street Small Cap Core Strategy)
Certain representatives may receive commissions for securities and insurance products sold in their separate capacities; no advisory fee charged for assets sold on commission basis.
Financial planning and consulting fees negotiable but generally range from $150 to $1,000 per hour.
Account minimum: $2,000,000 Fee-only: Annual investment advisory fees up to 2.99% of assets under management, negotiable; standalone financial planning hourly fees generally range $150 to $1,000 per hour; variable product model design and maintenance fees $1,200 to $1,500 per variable contract.
Main office
See office8605 East Raintree Drive, Suite 280
Scottsdale AZ 85260
Advisors at this office
35
Offices (20)
Scottsdale, AZ East Raintree Drive
8605 East Raintree Drive Suite 280, Scottsdale, AZ 85260
35 advisors
Midland, TX
415 W Wall Street Suite 2120, Midland, TX 79701
6 advisors
Helena, MT
825 Great Northern Blvd., Helena, MT 59601
5 advisors
Sarasota, FL
1000 South Tamiami Trail, Sarasota, FL 34236
5 advisors
San Francisco, CA
580 California Street Suite 2000, San Francisco, CA 94104
4 advisors
Most active in
Arizona · Arkansas · California · Colorado · Connecticut · Florida · Georgia · Hawaii · Idaho · Illinois · Louisiana · Maryland · Massachusetts · Michigan · Minnesota · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · Ohio · Oklahoma · Oregon · Pennsylvania · South Carolina · South Dakota · Tennessee · Texas · Utah · Virginia · Washington · Wisconsin · Wyoming
Also doing business as
Amplify Platform · Ashton Thomas · Ashton Thomas Private Wealth · Ashton Thomas Private Wealth, LLC · Campbell Private Wealth Management · Day Hagan Asset Management · Forge Private Wealth · Gentry Asset Advisory LLC · Gentry Wealth Management · Jay R. Penney, LLC · Mill Street Financial · Mill Street Investment Partners · Norte Advisors, LLC · Second 50 Financial
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Is not active or affiliated with:
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
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