Thigpen Group

What Thigpen Group does

Thigpen Group, operating legally as Thigpen Group Wealth Advisors (formerly Solomon Financial), is a private wealth management practice founded in 2006 by Scot Thigpen and headquartered at 6360 I-55 N, Suite 240, Jackson, Mississippi. The firm provides comprehensive wealth management across seven integrated service lines: financial planning, retirement planning, investment management, estate planning, tax planning, business owner exit planning, and private client services. It targets high-net-worth individuals, families, and business owners in the greater Jackson, MS area and broader Southeast US, with multigenerational wealth planning as a recurring theme across client engagements.

The firm's operational platform is anchored by the Client Experience Optimizer (C.E.O.) client portal, which aggregates account views across custodians Charles Schwab, Fidelity Investments, and NextInvestor (NetXInvestor), providing clients with consolidated access to account performance, quarterly statements, and financial plan documentation. Supporting tools include a proprietary risk survey, retirement readiness quiz, SECURE Act RMD calculator, 401(k) calculator, Roth vs. Traditional IRA calculator, and college readiness quiz. A structured five-step onboarding methodology (Introduction, Discovery & Visioning, Document Deep Dive, Personalized Proposal, Plan Implementation) is followed by 30-day, 90-day, and annual check-ins.

Thigpen Group generates revenue on a fee-based model, with investment advisory services offered through CWM, LLC, an SEC-registered investment advisor (CRD 155344) operating under the Carson Partners nationwide advisor partnership. Revenue derives from AUM-based advisory fees and financial planning service fees. The core team consists of 5 members (President & Wealth Advisor Scot Thigpen, Wealth Advisor Bowen Thigpen, Paraplanner Krista Nicholson, Director of Operations May McCarty, Client Service Associate Kendall McAdory, Director of Concierge Services Kaitlin Godfrey, and Intern Brooke Hughes), with access to a broader network of shared Carson/CWM specialists in tax planning, estate planning, investment strategy, and trading.

Name

Thigpen Group

Legal name

Thigpen Group Wealth Advisors

Website

https://thethigpengroup.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

1–10 employees

Short description

Thigpen Group is a privately held wealth management practice in Jackson, Mississippi, serving high-net-worth individuals, families, and business owners with fee-based financial planning, investment, tax, estate, retirement, and exit planning services through CWM, LLC and the Carson Partners network.

Ownership category

akta.pro rank

Product category

Wealth Management Services

NAICS

Funds, Trusts, and Other Financial Vehicles (525)

SIC

Finance Services (6199)

akta.pro primary industry

Financial Planning–Led RIAs (FSAAACAB)

akta.pro secondary industries

Corporate Retirement Plan Advisory RIAs (ERISA 401(k)/403(b)) (FSAAACAF), Retirement Plan Participant Advice & Managed Accounts (FSAEABAF), Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)

Keywords

• Wealth management services
• Retirement planning services
• Investment advisory services
• Estate planning services
• Financial planning services

Headquarters

HQ city

Jackson

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Investment Advisory Services: Investment advisory services are offered through CWM, LLC, an SEC Registered Investment Advisor. Thigpen Group operates as part of Carson Partners, a nationwide partnership of advisors under CWM, LLC. The firm provides fee-based wealth management services including financial planning, investment management, retirement planning, estate planning, tax planning, and business owner exit planning. Revenue is generated through advisory fees tied to assets under management and/or financial planning service fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

Thigpen Group is a comprehensive wealth management firm delivering integrated financial advisory services including Financial Planning, Retirement Planning, Investment Management, Estate Planning, Tax Planning, Business Owner Exit Planning, and Private Client Services. Services are delivered through credentialed advisors and supported by the Client Experience Optimizer (C.E.O.) digital portal, with investment advisory services offered through CWM, LLC, an SEC Registered Investment Advisor, as part of the Carson Partners nationwide network.

Product overview

Thigpen Group is a comprehensive wealth management firm offering a multi-service advisory platform. The core offering comprises seven integrated services: Financial Planning, Retirement Planning, Investment Management, Estate Planning, Tax Planning, Business Owner Exit Planning, and Private Client Services. These services are supported by the Client Experience Optimizer (C.E.O.) digital portal for account tracking and document access, a Wealth Management System for financial plan documentation, and interactive financial calculators and quizzes. The firm operates as part of CWM, LLC (Carson Group) and serves clients through the greater Jackson, Mississippi area.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial Planning Comprehensive financial planning services that analyze assets, income, and expenditures to help clients set and pursue financial goals, including individual and business financial planning. For individuals, families, and business owners seeking a coordinated roadmap for accumulating, protecting, and distributing wealth.
• Retirement Planning Retirement income planning including 401(k) management, Social Security analysis, tax-efficient withdrawal strategies, and preparation for healthcare costs in retirement. For pre-retirees and retirees seeking to maximize retirement income and avoid outliving their assets.
• Investment Management Disciplined investment management leveraging technology and financial professionals to monitor portfolios, execute asset allocation strategies, and align investments with client risk profiles and long-term goals. For HNW individuals, families, and business owners seeking ongoing portfolio oversight under fiduciary standards.
• Estate Planning Legacy planning services including will and trust creation, beneficiary reviews, medical and durable power of attorney, and coordination with estate planning attorneys. For individuals, families, and business owners seeking to structure legacy transfer and estate distribution.
• Tax Planning Proactive tax planning including IRA distribution strategies, business structure optimization, and coordination with CPA teams to minimize tax burdens across investments, retirement, and business income. For HNW individuals and business owners seeking year-round tax efficiency rather than tax-only filing support.
• Business Owner Exit Planning Exit planning for business owners led by a Certified Exit Planning Advisor, including business valuation, succession planning, and post-exit life planning. For business owners approaching or undergoing liquidity events such as sales, transitions, or generational handovers.
• Private Client Services Comprehensive wealth management for high-net-worth individuals including banking relationship coordination, alternative investments (private equity, art), and concierge-level service. For entrepreneurs, executives, and multi-generational families with complex financial ecosystems requiring coordinated advisory across multiple dimensions of wealth.
• Client Experience Optimizer (C.E.O.) Portal Digital client portal provided through Carson Group/CWM providing account performance tracking, quarterly statements, consolidated financial plan documentation, and one-click access to communicate with the advisory team. For active advisory clients of Thigpen Group wanting single-pane-of-glass visibility into accounts held at Charles Schwab, Fidelity, and NetXInvestor.

Quantifiable outcome

• An advisor-managed portfolio could produce an additional 3% value add annually over a self-managed (DIY) portfolio

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• CWM, LLC / Carson PartnerscoreStrategic or Co-development PartnerThigpen Group is affiliated with CWM, LLC, an SEC Registered Investment Advisor, and operates as part of Carson Partners, a nationwide partnership of advisors. CWM, LLC provides the regulatory platform, compliance infrastructure, national resources, and technology platform (including the Client Experience Optimizer) that supports Thigpen Group's advisory practice.
• Carson Wealth ManagementcoreStrategic or Co-development PartnerThigpen Group operates as part of the Carson Wealth Management network, accessing national-level market strategists (Ryan Detrick, Chief Market Strategist; Sonu Varghese, Global Macro Strategist), investment research teams, and advanced solutions specialists (tax planning, estate planning, insurance, retirement plans). The partnership provides Thigpen Group with proprietary tools, content resources, and a national brand while the firm provides local market presence.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Buckingham Strategic Wealth: Fee-only, fiduciary RIA providing comprehensive financial planning, investment management, tax, and estate services to HNW households. Direct peer on service model and client focus.
• Mercer Advisors: National RIA offering holistic wealth management, including investment, tax, estate, and business-owner exit planning. Comparable service scope and HNW/business-owner targeting.
• Creative Planning: Large independent, fee-only RIA offering comprehensive financial planning, investment management, estate, tax, and business-owner services to HNW clients. Closely comparable in service breadth and target client (HNW individuals, families, business owners) to Thigpen Group.
• Carson Wealth Management: Thigpen Group operates as a partner firm within the Carson Partners network under CWM, LLC. Carson Wealth Management is a direct peer offering the same comprehensive wealth management, investment advisory, and retirement/estate/tax planning services through its affiliated advisor practices nationwide.
• Mariner Wealth Advisors: Independent, nationally scaled RIA delivering comprehensive wealth advisory including investment management, tax, estate, and exit planning. Comparable multi-service model and HNW/business-owner target market.

Broad incumbents

• Edelman Financial Engines: Large, established wealth management and financial planning firm serving a broad retail and HNW client base. Comparable in financial planning focus but at much greater scale and broader consumer reach than Thigpen Group.
• Fisher Investments: Large incumbent investment manager serving HNW clients with portfolio management and wealth planning. Overlaps with Thigpen on investment management and HNW targeting, but operates at substantially greater scale.
• LPL Financial: Largest independent broker-dealer/RIA platform in the U.S., supporting thousands of independent financial advisors with practice management, technology, and custody. Provides the scaled infrastructure layer that enables independent advisory firms similar to Thigpen Group.
• Focus Financial Partners: RIA aggregator and partnership network supporting independent wealth advisory firms. Provides the type of scaled platform/back-office infrastructure (technology, compliance, M&A) that Carson Partners delivers to Thigpen, making it a comparable network peer.
• Cetera Financial Group: Independent broker-dealer and RIA platform supporting independent financial advisors with technology, compliance, and operations. Comparable platform-style peer enabling independent wealth advisory practices like Thigpen.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/the-thigpen-group
• Xx.com/thethigpengroup
• Facebookfacebook.com/The-Thigpen-Group-1537703736533571

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Thigpen Group