Drive Wealth Management, LLC doing business as Drive Wealth Advisers is a registered investment advisor based in Lehi, Utah. We are a limited liability company under the laws of the State of Utah. We have been providing investment advisory services since 2015. Drive Wealth Advisers is owned by Crabb Financial, LLC. Lowell C. Crabb is the Chief Compliance Officer of Drive Wealth Advisers and sole owner of Crabb Financial, LLC. You may see the term Associated Person throughout this Brochure. As used in this Brochure, this term refers to anyone from our firm who is an officer, employee, and all individuals providing investment advice on behalf of our firm. Where required, such persons are properly registered as investment adviser representatives. Currently, we offer the following investment advisory services, personalized to each individual client:
• Portfolio Management Services
• Recommendation of Sub-Advisers
• Financial Planning Services
• Pension Consulting Services
• General Consulting Services
• Family Office Services Portfolio Management Services Our firm offers discretionary and non-discretionary portfolio management services to our clients. Discretionary portfolio management means we will make investment decisions and place buy or sell orders in your account without contacting you. These decisions would be made based on your stated investment objectives. Non- discretionary portfolio management service means that we must obtain your approval prior to making any transactions in your account. Our investment advice is tailored to meet our clients’ needs and investment objectives. If you decide to hire our firm to manage your portfolio, we will meet with you to gather your financial information, determine your goals, and decide how much risk you should take in your investments. The information we gather will help us implement an asset allocation strategy that will be specific to your goals, whether we are actively investing for you or simply providing you with advice. Drive Wealth Advisers provides advice on various types of securities, such as exchange listed equities, over-the- counter equities, foreign issues, American depository receipts, corporate debt securities, commercial paper, certificates of deposit, municipal securities, investment company securities (including mutual funds and exchange traded funds), US Government securities, options contracts on securities, private equity instruments, return enhanced notes, and interests in partnership investing in real estate. Additionally, we will provide advice on existing investments you may hold at the inception of the advisory relationship or on other types of investments for which you ask advice. Because some types of investments involve certain additional degrees of risk, they will only be implemented/recommended when consistent with the client's stated investment objectives, tolerance for risk, liquidity, and suitability. Recommendation of External Investment Managers As part of our overall portfolio management strategy, we may engage the discretionary management services of unaffiliated investment managers (External Investment Managers) to manage all or a portion of your account. All External Investment Managers recommended by our firm must either be registered as investment advisers or exempt from registration requirements. These External Investment Managers may specialize in traditional investment management or alternative strategies like private equity investments, private credit markets, hedge funds, or others. Factors that we take into consideration when making our recommendations include, but are not limited to, the following: the investment managers’ performance, methods of analysis, fees, your financial needs, investment goals, risk tolerance, and investment objectives. We will periodically monitor the External Investment Managers’ performance to ensure its management and investment style remain aligned with your investment goals and objectives. Investments and allocations are determined based on the clients’ predefined objectives, risk tolerance, time horizons, financial horizons, financial information, and other various suitability factors. Further restrictions and guidelines imposed by clients may affect the composition and performance of a client’s portfolio. As such, different clients of our firm may have significant differences in their asset allocation. For these reasons, the performance of one client’s portfolio might not be identical to another client’s even if both clients have similar risk parameters. We review the clients’ financial circumstances and investment objectives regularly and make adjustments to clients’ portfolios or allocation models as may be necessary to achieve the desired results. At all times, our firm requires each Associated Person to uphold their fiduciary duty by providing advice that in our judgment is in the client’s best interest. However, as we construct your investment portfolio, we will monitor your portfolio’s performance on a continuous basis, and rebalance the portfolio whenever necessary, as changes occur in market conditions, your financial circumstances, or both. We will also contact clients at least annually or more often to review their financial situation and objectives. Please notify us of any changes in your financial situation, investment objectives, or account restrictions. Management of Held Away Assets We use Pontera’s third-party platform to facilitate management of held away assets such as defined contribution plan participant accounts, with discretion. The platform allows us to avoid being considered to have custody of Client funds since we do not have direct access to Client log-in credentials to affect trades. We are not affiliated with the platform in any way and receive no compensation from them for using their platform. A link will be provided to the Client allowing them to connect an account(s) to the platform. Once Client account(s) is connected to the platform, Adviser will review the current account allocations. When deemed necessary, Adviser will rebalance the account considering client investment goals and risk tolerance, and any change in allocations will consider current economic and market trends. The goal is to improve account performance over time, minimize loss during difficult markets, and manage internal fees that harm account performance. Client account(s) will be reviewed at least quarterly and allocation changes will be made as deemed necessary. Financial Planning Services We offer broad-based financial planning services regarding the management of financial resources. Such management is based upon an analysis of the client’s individual needs and begins with an initial complementary consultation. Once we collect and analyze all documentation, we provide a written financial plan designed to achieve the client’s financial goals and objectives. In this way, Drive Wealth Advisers assists the client in developing a strategy for the successful management of income, assets, and liabilities. In general, financial planning services may include any one or all of the following:
• Cash Flow Analysis – Assessment of a client’s present financial situation by collecting information regarding net worth and cash flow statements, tax returns, insurance policies, investment portfolios, pension plans, employee benefit statements, etc. The Firm advises on ways to reduce risk, coordinate, and organize records, and estate information.
• Retirement Analysis – Identification of a client’s long-term financial and personal goals and objectives including advice for accumulating wealth for retirement income or appropriate distribution of assets following retirement. Tax consequences and implications are identified and evaluated.
• Portfolio Analysis/Investment Planning – We provide investment alternatives, including asset allocation, and effect on a client’s portfolio. We evaluate the economic and tax characteristics of existing investments as well as their suitability for a client’s objectives. We identify and evaluate tax consequences and their implications.
• Education Savings Analysis – Alternatives and strategies with respect to the complete or partial funding of college or other post-secondary education.
• Estate Analysis – We provide advice with respect to property ownership, distribution strategies, estate tax reduction, and tax payment techniques. The recommendations and solutions are designed to achieve the client’s desired goals, subject to periodic evaluation of the financial plan, which may require revision to meet changing circumstances. Financial plans are based on a client’s financial situation based on the information provided to the Firm. We should be notified promptly of any change to a client’s financial situation, goals, objectives, or needs. Clients can also request financial planning services that cover a specific area, such as retirement or estate planning, asset allocation analysis, manager due diligence, and 401(k) platform due diligence. We offer consultative services where we set an appointment to meet with you for financial planning advice for an hourly fee. You may choose to accept or reject our recommendations. If you decide to proceed with our recommendations, you may do so either through our investment advisory services or by using the advisory/brokerage firm of your choice. In some cases, our recommendations may involve the purchase of insurance products. Drive Wealth Advisers is affiliated with Drive Insurance Services, an insurance agency licensed in the State of Utah, through common ownership. Investment Adviser Representatives of Drive Wealth Advisers may also be licensed insurance agents. Drive Insurance Services and our dually licensed Investment Adviser Representatives can effect transactions in insurance products and earn commission-based compensation for these activities. Clients should be aware that a conflict of interest is inherent in such an arrangement. Clients are instructed that the fees paid to the firm for advisory services are separate and distinct from the commissions earned by Drive Insurance Services and our dually licensed Investment Adviser Representatives. Clients of Drive Wealth Advisers are not required to purchase insurance products from Drive Insurance Services or the firm’s dually licensed Investment Adviser Representatives and can purchase insurance products from any insurance agency and agent of their choice. Note: Information related to legal consequences that are provided as part of the financial plan is for informative purposes only. Clients are instructed

to contact their attorneys for legal advice. Pension Consulting Services Drive Wealth Advisers provides several Defined Contributions and Defined Benefit consulting services separately or in combination. While the primary clients for these services will be pension, profit sharing, and 401(k) plans, Drive Wealth Advisers will also offer these services, where appropriate, to businesses, individuals, trusts, estates, and charitable organizations. Defined Contributions and Defined Benefit Consulting Services are comprised of four distinct services. Clients may choose to use any or all of these services. Investment Policy Statement Preparation Drive Wealth Advisers will meet with the client (in person or over the telephone) to determine the client's investment needs and goals. Drive Wealth Advisers will then prepare a written Investment Policy Statement (“IPS”) stating those needs and goals and creating a policy to help achieve these goals. The IPS will also list the criteria for the selection of investment vehicles and the procedures and timing intervals for monitoring investment performance. Selection of Investment Vehicles Drive Wealth Advisers will review various investments, consisting of one or all of the following: individual equities, bonds, other investment products, and mutual funds (both index and managed) to determine which of these investments are appropriate to implement the client's Investment Policy Statement. The number of investments to be recommended will be determined by the client, based on the client’s Investment Policy Statement. Monitoring of Investment Performance Client investments will be monitored continuously based on the procedures and timing intervals outlined in the Investment Policy Statement. Although Drive Wealth Advisers will not be involved in any way in the purchase or sale of these investments, Drive Wealth Advisers will supervise the client's portfolio and will make recommendations to the client as market factors and the client's needs dictate. Employee Communications For pension, profit sharing and 401(k) plans where the individual account participant exercises control over assets in his/her own account (hereinafter ''self-directed plans''), Drive Wealth Advisers also provides educational support and investment workshops designed for the Plan participants. The nature of the topics to be covered will be determined by Drive Wealth Advisers and the client under the guidelines established in ERISA Section 404(c). Other pension consulting services are available on request. All of our pension consulting services, whether general or customized, will be outlined in an Agreement that shows the services that will be provided and the fees that will be charged for those services. General Consulting Services We also offer general consulting services primarily involving advising clients on specific financial-related topics. The topics we address may include but are not limited to, risk assessment/management, investment planning, financial organization, or financial decision-making/negotiation, among others. Our advice is based on your financial situation and the financial information you provide to our firm at that time. You may choose to accept or reject our recommendations. If you decide to proceed with our recommendations, you may do so either through our firm or by using the advisory/brokerage firm of your choice. Note: Information related to legal consequences that are provided as part of a plan is for informative purposes only. Clients are instructed to contact their attorneys for legal advice. Family Office Services Drive Wealth Advisers provides family office services that are uniquely designed to help families coordinate their multiple forms of capital using a holistic and collaborative team approach combining the many elements inherent to a successful life with wealth. Our collective experiences support our belief that a dedicated team of independent and objective professionals working in collaboration with each other in partnership with the family is the best way to serve families of significant wealth. Such a relationship enhances Drive Wealth Advisers’ ability to advise families on the opportunities and risks that their wealth presents allowing families to make better, educated decisions. Initially, Drive Wealth Advisers meets with the prospective client to obtain information about their overall situation. This information is used to assist Drive Wealth Advisers in understanding a client’s needs and the scope of services that are most appropriate for the client’s situation. The family office services Drive Wealth Advisers will provide will be specifically described in the Family Office Services Agreement you enter into with our firm. Additional services beyond the scope of the Family Office Services Agreement may be provided under separate agreement(s) and may include a separate fee as mutually agreed to by Drive Wealth Advisers and the client. Our family office services vary by family and occasionally within families, but may include the following:
• Portfolio Management Services – Includes development of asset allocation, ongoing portfolio management, and review, including selection and evaluation of investment managers. Further, we may provide customized performance reporting at the portfolio level and at the manager or specific investment level. Additional information about our portfolio management services is provided in the portfolio management services section above.
• Information Management and Coordination – We organize key information and then coordinate such information with the family, the family’s accountant, attorney, insurance agents, and other key advisors.
• Estate, Gift & Trust Planning – We provide explanations, summaries, and illustrations of existing and proposed estate planning documents and strategies, including recommendations and education on additional strategies, considerations for making updates periodically, and further coordination with the family’s tax and legal advisor(s) to implement agreed upon strategies or updates.
• Income Tax Planning – Includes planning for the minimization of tax liabilities, including asset location, tax loss harvesting and gain minimization planning, charitable asset selection, facilitation of income tax payments, and coordination with the family’s tax advisor(s).
• Financial Planning – Includes planning related to cash flow analysis, capital sufficiency modeling, lifestyle goals, credit usage, major asset purchases or liquidations, and significant life events.
• Philanthropic Planning – Includes defining philanthropic goals, education on philanthropic vehicles, and strategies for maximizing the benefits of philanthropy across the family and the organizations they choose to benefit.
• Education – Includes both individual and group-based learning sessions around various planning, tax, investment, and other topics with the intention of growing not only the family’s financial capital but non-financial capital as well. These topics while commonly focused on younger generations are generally available across all generations.
• Family Meetings – Includes facilitation of family meetings often across multiple generations around shared ownership, philanthropy, decision-making, or shared goals and objectives.
• Assistance with Trust Administration – Includes advice around trustee selection and ongoing guidance, general understanding of trust purposes and provisions. Often involves education for grantors, trustees, and beneficiaries on their respective roles and responsibilities.
• Consolidated Reporting Services – Allows the family to customize how their assets are reported by offering a view across multiple accounts or entities in a single statement and/or to segregate assets within accounts. This service may include assets not generally managed by Drive Wealth Advisers such as closely-held private family assets. Allows the family and their advisors to understand and monitor the total family balance sheet and provide comprehensive and integrated advice from a vantage point inclusive of the family’s entire wealth landscape. This may require an additional fee depending on the nature and complexity of the non-managed assets being reported on. Any additional fees will be mutually agreed to in advance.
• Asset Protection Planning and Review – Includes review and discussion of strategies that may avoid or minimize a portion of a family’s balance sheet at risk. These strategies will be evaluated on the benefits they may provide against the degree and likelihood of loss and the complexity and administration they may require to achieve such protections.
• Liability Risk Management Planning and Review – Includes advice on a combination of mitigation strategies including the use of special purpose entities, trusts, and/or various insurance tools. We will review the family’s assets and liabilities to determine: location, titling, and ownership structure. We will review existing or proposed policies and, after receiving your permission, we may facilitate reviews with unaffiliated third-party professionals. Drive Wealth Advisers does not receive compensation for recommending or placing insurance nor do we receive compensation from such third parties with whom we may involve to review your situation.
• Estate Tax Liquidity Planning and Review – Includes determination of estate tax liquidity needs and determination of potential liquidity sources including asset liquidations and life insurance. We will review existing or proposed policies and, after receiving your permission, we may facilitate reviews with unaffiliated third-party professionals. Drive Wealth Advisers does not receive compensation for recommending or placing insurance nor do we receive compensation from such third parties with whom we may involve to review your situation. The advice we propose is designed to achieve the client’s desired goals which may require revision to meet changing circumstances. Our recommendations are based on your situation from the information provided to the firm. Families may choose to accept or reject our recommendations. We should be notified promptly of any change to your situation, goals, objectives, or needs. Wrap Fee Programs Drive Wealth Advisers does not participate in or manage a wrap fee program. Assets Under Management As of December 31, 2023, we manage discretionary assets under management of approximately $1,488,146,172 and non-discretionary assets under management of $528,489,346.