WELLSPRING FINANCIAL ADVISORS, LLC
Latest filing: Mar 21, 2025 (117 days ago)
AUM
$4,211,250,698
16% change vs. 1 year ago
74% change vs. 3 years ago
140% change vs. 5 years ago
270% change vs. 10 years ago
Employee Count
37
42% change vs. 1 year ago
95% change vs. 3 years ago
95% change vs. 5 years ago
311% change vs. 10 years ago
Main Office
CLEVELAND, OH
5900 LANDERBROOK DRIVE, CLEVELAND, OH, UNITED STATES, 44125
Client AUM
| Discretion | AUM |
|---|---|
| Discretionary | $1.4 |
| Non-Discretionary | $2.8 |
| Total | $4.2 |
| Client | AUM |
|---|---|
| Retail | $4.2 |
| Pooled | $0.0 |
| Institutional | $0.0 |
| Total | $4.2 |
| Retail | Accounts | AUM |
|---|---|---|
| Individual | 20 | $0.1 |
| Average Individual AUM | $3,278,827 | |
| HNW | 115 | $4.1 |
| Average HNW AUM | $35,711,882 | |
| Retail Total | 135 | $4.2 |
| Average Retail AUM | $30,906,985 |
ADVDB.CO • AUM IN BILLIONS, AVERAGES IN DOLLARS • SOURCE: SEC FORM ADV
SMA Custodians
| Custodian | Location | AUM |
|---|---|---|
| NATIONAL FINANCIAL SERVICES LLC | SMITHFIELD-RI-USA | $1.2 |
ADVDB.CO • SMA AUM IN BILLIONS • SMA INCLUDES RETAIL AND INSTITUTIONAL • SOURCE: SEC FORM ADV
Separately Managed Assets
| Breakdown | AUM |
|---|---|
| Total SMA AUM | $4.2 |
| Retail SMA AUM | $4.2 |
| Institutional SMA AUM | $0.0 |
| Asset Class | % | AUM |
|---|---|---|
| Equity Exch | 16% | $0.7 |
| Equity Non-Exch | 0% | $0.0 |
| Govt Agency | 2% | $0.1 |
| Municipal | 1% | $0.0 |
| Sovereign | 0% | $0.0 |
| IG Credit | 0% | $0.0 |
| HY Credit | 5% | $0.2 |
| Derivatives | 0% | $0.0 |
| Investment Companies | 52% | $2.2 |
| Other Pools | 0% | $0.0 |
| Cash | 7% | $0.3 |
| Other | 17% | $0.7 |
| Total | 100% | $4.2 |
ADVDB.CO • AUM IN BILLIONS • POSSIBLE ROUNDING ERRORS, BUT SOME ADVISERS REPORT SUMS ≠ 100% • SOURCE: SEC FORM ADV
Control Persons
Representatives
7 active representatives found
| Name | City | State | Exams | Designations | |||||
|---|---|---|---|---|---|---|---|---|---|
| RICHARD TURGEON | CLEVELAND | OH | S63|1994-04-05 | CHARTERED FINANCIAL ANALYST | |||||
| FREDERICK MCLAUGHLIN | CLEVELAND | OH | S63|2016-04-30 | CERTIFIED FINANCIAL PLANNER | |||||
| JAMES SMERKE | CLEVELAND | OH | S65|2016-10-01 | CERTIFIED FINANCIAL PLANNER | |||||
| KATHRYN MADZSAR | CLEVELAND | OH | CERTIFIED FINANCIAL PLANNER | ||||||
| HALLE CHELKO | CLEVELAND | OH | CERTIFIED FINANCIAL PLANNER | ||||||
| WILLIAM AMBROGIO | CLEVELAND | OH | CERTIFIED FINANCIAL PLANNER | ||||||
| MICHAEL NOVAK | CLEVELAND | OH | PERSONAL FINANCIAL SPECIALIST | ||||||
ADVDB.CO • SOURCE: SEC
History
| Date | AUM | AUM ∆ | AUM % ∆ | Empl | Empl ∆ | Empl % ∆ |
|---|---|---|---|---|---|---|
| 2025-06-02 | $4.2 | $0.0 | 0% | 37 | 0 | 0% |
| 2025-04-21 | $4.2 | $0.0 | 0% | 37 | 0 | 0% |
| 2024-04-02 | $3.6 | $0.6 | 16% | 26 | 11 | 42% |
| 2023-04-04 | $2.3 | $1.9 | 79% | 21 | 16 | 76% |
| 2022-04-01 | $2.4 | $1.8 | 74% | 19 | 18 | 95% |
| 2021-04-05 | $1.9 | $2.3 | 119% | 18 | 19 | 106% |
| 2020-04-01 | $1.8 | $2.5 | 140% | 19 | 18 | 95% |
| 2019-04-01 | $1.4 | $2.8 | 193% | 19 | 18 | 95% |
| 2018-04-02 | $1.3 | $2.9 | 229% | 11 | 26 | 236% |
| 2017-04-01 | $1.3 | $2.9 | 229% | 11 | 26 | 236% |
| 2016-04-01 | $1.1 | $3.1 | 293% | 9 | 28 | 311% |
| 2015-04-01 | $1.1 | $3.1 | 270% | 9 | 28 | 311% |
| 2014-04-01 | $1.1 | $3.2 | 298% | 9 | 28 | 311% |
| 2013-04-01 | $0.9 | $3.3 | 388% | 8 | 29 | 362% |
ADVDB.CO • AUM IN BILLIONS • SOURCE: SEC FORM ADV
Other
| STATE REGISTRATIONS |
| OH, CA-03/15/2007, FL-03/15/2007, LA-11/06/2015, MT-01/07/2020, NH-01/11/2022, OH-03/15/2007, SC-03/29/2019, TX-01/11/2022 |
| ADVISER ACTIVITIES |
|
FINANCIAL PLANNING PORTFOLIO MANAGEMENT MANAGER SELECTION |
| OTHER ACTIVITIES |
ADVDB.CO • SOURCE: SEC FORM ADV