Greenspring Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 1,697 clients last fiscal year.
Greenspring Advisors reports 1,837 clients. They include 1,118 high-net-worth individuals, 579 individual clients, and 123 pension and profit-sharing plans. Of its assets, 99.8% ($6.45B across 7,101 accounts) are managed with discretion; $10.9M across 18 accounts are not. It advised 68 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 32% | 4% |
| High-net-worth individuals | 61% | 63% |
| Pension and profit-sharing plans | 7% | 31% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 579 | $253M | 3.9% | $437K |
| High-net-worth individuals | 1,118 | $4.08B | 63.2% | $3.65M |
| Pension and profit-sharing plans | 123 | $2.03B | 31.4% | $16.5M |
| Charitable organizations | 13 | $61.6M | 1.0% | $4.74M |
| Corporations and other businesses | Fewer than 5 | $33.2M | 0.5% | $8.3M |
| Total | 1,837 | $6.46B | 100% | — |
- Clients
- 579
- Regulatory AUM
- $253M
- AUM share
- 3.9%
- Avg. per client
- $437K
- Clients
- 1,118
- Regulatory AUM
- $4.08B
- AUM share
- 63.2%
- Avg. per client
- $3.65M
- Clients
- 123
- Regulatory AUM
- $2.03B
- AUM share
- 31.4%
- Avg. per client
- $16.5M
- Clients
- 13
- Regulatory AUM
- $61.6M
- AUM share
- 1.0%
- Avg. per client
- $4.74M
- Clients
- Fewer than 5
- Regulatory AUM
- $33.2M
- AUM share
- 0.5%
- Avg. per client
- $8.3M
Total
- Clients
- 1,837
- Regulatory AUM
- $6.46B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 68
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1697
Greenspring Advisors charges up to 1.35% a year for its Wealth Management Fees. The fee is negotiable and has a $5,000 annual minimum. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning
- Financial planning is a fixed fee typically from $2,000 to $150,000, or hourly at $150 to $750 per hour.
Greenspring Wealth Management, Inc owns 25% to 50% of Greenspring Advisors and is in turn owned by John Collins (75% or more). The leadership team of Greenspring Advisors includes President Michael Goodman and Chief Compliance Officer Aaron Tawil. It has 68 employees, 39 of them in advisory roles.
Staff
- 68 employees
- 39 in advisory functions
- 39 state-registered reps
- 1 soliciting firm
- Owns 25% to 50% of Greenspring Advisors, LLC
Greenspring Wealth Management, Inc
Control person · since April 2021
- Owns 75% or more of Greenspring Wealth Management, Inc
John Collins
Control person · since April 2021
- Owns 25% to 50% of Greenspring Advisors, LLC
Greenspring Wealth Management,
Control person · since April 2021
- Owns 25% to 50% of Greenspring Advisors, LLC
Wealthstream Holdings Inc
Control person · since October 2025
- Owns 50% to 75% of Wealthstream Holdings Inc
Michael Goodman
Control person · since October 2025
- Owns 25% to 50% of Greenspring Advisors, LLC
Greenspring Equity Holdings, LLC
Control person · since January 2026
- Owns 25% to 50% of Greenspring Equity Holdings, LLC
Timothy Decker
since January 2026
Greenspring Advisors’ regulatory assets grew from $5.25B (July 2021) to $6.46B (June 2026); clients rose from 584 to 1,837 and employees from 19 to 68. In 2025, Wealthstream Advisors ($1.54B in its last filing) joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jun 2026June 2026 | $6.46B | 1,837 | 68 | 4 |
| Jun 2025June 2025 | $3.78B | 1,218 | 42 | 3 |
| May 2024May 2024 | $6.9B | 1,201 | 39 | 3 |
| Jul 2023July 2023 | $6B | 1,137 | 41 | 3 |
| Jun 2022June 2022 | $6.13B | 619 | 26 | 2 |
| Jul 2021July 2021 | $5.25B | 584 | 19 | 2 |
Firms that joined
20251 joined
- Wealthstream AdvisorsLast filed AUM $1.54B
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Greenspring Advisors has 3 offices, with 4 listed addresses across 4 states.
Maryland · 1 listed address
- One West Pennsylvania Avenue, Suite 500, TowsonHQ
New Jersey · 1 listed address
- 115 West Century Road, Paramus
New York · 1 listed address
- 60 East 42nd Street, New York
Pennsylvania · 1 listed address
- 300 Granite Run Drive, Lancaster
Contact and registration details
- Legal name
- Greenspring Advisors, LLC
- Headquarters
- One West Pennsylvania Avenue, Suite 500, Towson, MD 21204
- Website
- greenspringadvisors.com
- Phone
- 443-564-4600
- SEC file
- 801-67570
- Structure
- Maryland LLC
- Fiscal year end
- December
Greenspring Advisors’ named custodians for separately managed accounts are Fidelity ($2.59B, 52%), Charles Schwab ($1.68B, 34%) and Adp ($702M, 14%). Greenspring Advisors does not have custody of client assets.
- FidelityNational Financial Services LLC · Boston, MA · $2.59B52%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $1.68B34%
- AdpAdp · Roseland, NJ · $702M14%
At year end, Greenspring Advisors’ separately managed accounts were mostly in funds (86%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.8B across 355 positions; the largest are Dimensional ETF Trust (31.1%), Dimensional ETF Trust (9.3%) and iShares TR (5.4%).
What the accounts hold
- Stocks6%
- Funds86%
- Bonds5%
- State and local bonds3%
- U.S. government and agency bonds2%
- Cash3%
How many clients does Greenspring Advisors have?
Greenspring Advisors has 1,837 clients and manages $6.46 billion for them, as of June 2026. They include 1,118 high-net-worth individuals, 579 individual clients, and 123 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 June 2026
What services does Greenspring Advisors offer?
Greenspring Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Greenspring Advisors charge?
Greenspring Advisors charges up to 1.35% a year for its Wealth Management Fees. The fee is negotiable and has a $5,000 annual minimum.
Which custodians does Greenspring Advisors use?
Greenspring Advisors’ separately managed account assets are held at National Financial Services LLC (Boston, MA), with $2.59B, Charles Schwab & Co., Inc. (Westlake, TX), with $1.68B and Adp (Roseland, NJ), with $702M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 June 2026
How many financial advisors does Greenspring Advisors have?
Greenspring Advisors has 39 investment adviser representatives registered with state securities authorities, out of 68 employees, and 39 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Greenspring Advisors invest in?
At the end of its last fiscal year, Greenspring Advisors’ separately managed accounts held 86% registered funds (mutual funds, ETFs, BDCs), 6% exchange-traded equities, 3% state and local bonds, 3% cash and equivalents and 2% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Greenspring Advisors?
Greenspring Advisors is owned through holding companies by John Collins, Michael Goodman and Timothy Decker. Its direct owners are Greenspring Wealth Management, Inc, Greenspring Wealth Management, Wealthstream Holdings Inc and Greenspring Equity Holdings, LLC, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 30 June 2026
How does Greenspring Advisors get paid?
Greenspring Advisors is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Greenspring Advisors?
Greenspring Advisors’ main office is at One West Pennsylvania Avenue, Suite 500, Towson, MD 21204. Its phone number is 443-564-4600. Its website is greenspringadvisors.com.
