Thurston Springer Advisors, LLC is a large advisory firm based in Indianapolis. It manages $656.85 million of regulatory assets for 2,461 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Indiana.
Thurston Springer Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and educational seminars and workshops. It prepares financial plans for approximately 1,394 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Thurston Springer Advisors, LLC is $656.85 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 17% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Thurston Springer Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Lynette Herd is high net worth individuals with 152 clients and $345.54 million of assets under management. Among the 6 most similar advisory firms, Thurston Springer Advisors has the 2nd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $656.85 million for 1,391 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Thurston Springer Advisors doesn't advise any private funds.
The company employs 54 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 54 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Lynette Herd has been acting as President since 1 Oct 2018. James John Titak joined the executive team most recently as the Chairman Of The Board.
The principal office where Thurston Springer Advisors, LLC performs its advisory services is located at 9000 Keystone Crossing, Indianapolis, IN 46240, which is also the mailing address of the firm. An additional office of the firm is in Chapel Hill, TN. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 317.581.4000 or by fax 317-581-4014. The normal business hours are 9:00 a.m. to 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at lavellefinancial.com.