Impact – Wealth Management


Get assurance from an active partner with custom financial planning for your best life now and for years to come

Who We Serve

Our clients have worked hard and saved well. They value professional advice, a true relationship with their advisor + exceptional personal service.

Our Process

We take a transparent, authentic and thorough approach to financial planning as we align your dreams and goals with your money.

Clear & Transparent

We are always honest and direct in everything we do, from our easy-to-understand fees to the details of your financial plan.

Estate Planning

We help you craft your estate plan and collaborate with your legal professionals to seamlessly transfer your wealth to the next generation

Retirement Planning

We help you clearly define your dreams for the future so that you can find the balance of living today and planning for tomorrow.

Protection Planning

We help you identify potential risks to your financial situation so you can make informed decisions about areas you want to protect with insurance and where you can go without it.

Tax Planning

Nearly every piece of financial planning has a tax component. We work in harmony with your accountant and find strategies to maintain control over as much of your money as possible.

Investment Planning

We take the task of investing your hard earned money seriously. Every portfolio is carefully designed for your risk personality using our IMPACT Framework for investing.

Meet The Team

Richelle Hofer

Wealth Advisor

A natural leader, Richelle is the Financial Advisor and Founder of Impact Wealth Management. She has spent almost two decades in the world of finance, creating a truly transparent and emotionally intelligent experience for her clients. Richelle sits with her clients, nurtures their money stories and joins them on their journey into living out an impact through sound financial management.

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Heather Moore

Client Experience Director

As Head of Client Services, Heather is an invaluable asset to Impact Wealth Management. She is a detail-oriented person who is passionately committed to the client experience. Her greatest qualities are her interest and investment in people’s lives, in creating space for them to actually get to the heart of their stories and in the day-to-day operations to carry every process through. 

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Michael Peterson

Wealth Advisor

Michael Peterson loves and cares for those around him and he has taken these gifts into the financial world to make a difference using this lens. As a devoted husband and father, he wants to treat others the way he would want his family treated. Today as a wealth advisor, Michael works with people of all ages, empowering them to make decisions to live a happier, financially sound life that helps them to accomplish their dreams, even retire early.
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Line up your financial goals and your portfolio with your values...

Mission & Impact

We are driven by the idea that serving our clients with excellence increases our ability to help others and give back a portion of Impact’s profits to charity and ministry so that everyone has the opportunity for financial freedom and legacy.

Worldwide Impact

As optimistic visionaries, we are honored to partner with great organizations like Haiti Alive and Simba Ministries to help bring hope, health and education to women and children in countries like Haiti and Kenya.

Local Impact

By volunteering and giving to local endeavors that align with our desire to empower underserved communities, we support a list of worthy organizations. We would love to hear about causes most critical to you.

Place your financial goals and your legacy in hands you can trust.

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Impact Wealth Management (“IWM”) is a registered investment advisor offering advisory services in the State(s) of South Dakota and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. The presence of this website on the Internet shall not be directly or indirectly interpreted as a solicitation of investment advisory services to persons of another jurisdiction unless otherwise permitted by statute. Follow-up or individualized responses to consumers in a particular state by IWM in the rendering of personalized investment advice for compensation shall not be made without our first complying with jurisdiction requirements or pursuant an applicable state exemption.
All written content on this site is for information purposes only. Opinions expressed herein are solely those of IWM, unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made by our firm as to other parties’ informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation.