Thurston Springer Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and educational seminars. Financial planning was provided to 1–10 clients last fiscal year.
Thurston Springer Advisors reports 4,694 clients. They include 3,272 individual clients, 1,157 high-net-worth individuals, and 155 pension and profit-sharing plans. Of its assets, 89.4% ($5.37B across 8,998 accounts) are managed with discretion; $639M across 753 accounts are not. A wrap fee program the firm both sponsors and manages holds $5.89B.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 70% | 19% |
| High-net-worth individuals | 25% | 71% |
| Banking or thrift institutions | <1% | <1% |
| Pension and profit-sharing plans | 3% | 3% |
| Charitable organizations | <1% | 2% |
| Other client typesCorporations and other businesses | 2% | 5% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 3,272 | $1.12B | 18.7% | $343K |
| High-net-worth individuals | 1,157 | $4.29B | 71.4% | $3.71M |
| Banking or thrift institutions | 1 | $29.4M | 0.5% | $29.4M |
| Pension and profit-sharing plans | 155 | $183M | 3.0% | $1.18M |
| Charitable organizations | 33 | $91.1M | 1.5% | $2.76M |
| Corporations and other businesses | 76 | $295M | 4.9% | $3.89M |
| Total | 4,694 | $6.01B | 100% | $1.28M |
- Clients
- 3,272
- Regulatory AUM
- $1.12B
- AUM share
- 18.7%
- Avg. per client
- $343K
- Clients
- 1,157
- Regulatory AUM
- $4.29B
- AUM share
- 71.4%
- Avg. per client
- $3.71M
- Clients
- 1
- Regulatory AUM
- $29.4M
- AUM share
- 0.5%
- Avg. per client
- $29.4M
- Clients
- 155
- Regulatory AUM
- $183M
- AUM share
- 3.0%
- Avg. per client
- $1.18M
- Clients
- 33
- Regulatory AUM
- $91.1M
- AUM share
- 1.5%
- Avg. per client
- $2.76M
- Clients
- 76
- Regulatory AUM
- $295M
- AUM share
- 4.9%
- Avg. per client
- $3.89M
Total
- Clients
- 4,694
- Regulatory AUM
- $6.01B
- AUM share
- 100%
- Avg. per client
- $1.28M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Thurston Springer Advisors is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Financial Services Holdings, LLC owns 75% or more of Thurston Springer Advisors and is in turn owned by Richard Parker (25–50%) and James Titak Irrevocable Trust DTD 12/3/2020 (25–50%). The leadership team of Thurston Springer Advisors includes President John Peluso and Chief Compliance Officer Christian Taylor. It has 100 employees, 86 of them in advisory roles.
Leadership
John PelusoExecutive Vice President
Matthew ReynoldsPresident / CFO
Christian TaylorChief Compliance Officer- Christopher MuellerChief Operations Officer
James TitakChairman of the Board
Investment adviser representatives
101 representatives listed in the SEC register as of 9 October 2026.
- Jeannette Ann Adcock
- Gabriele Peggy Allen
- Bruce Malcolm Averback
- William Badders
- Paul Edward Baldassari
- Gavin Scott Banta II
- Madylin Joann Bauer
- Jamison Brooks Bays
- Stuart Bays
- Tami Diane Bearden
- Wendy Buchanan
- Patricia Marie Burrus
- Daniel John Caparrelli
- Robert James Caplinger JR
- Malachi Cattanach
- R. Alan Chase
- Christina Marie Chodorowski
- Adam Wade Christensen
- Sean W Coffey
- Daniel J Cohen
- Karen Le'Ellen Coker
- Monica Ann Coles
- Craig Conser
- Joel David Cox
- Mark William Damer
- Terry Richard Danish
- Eric Wayne Davis
- Jorey Chris Dimopoulos
- Michael Frederick Elias
- Christopher Renfrow Esser
- Cathey Elaine Fisher
- Robert Lester Fox
- Jeffrey Michael Fratarcangeli
- Tyler Robert Gerling
- James Sherwood Gibbons
- Benton Ford Givens
- Jason Stokes Grigsby
- Andrew Grove
- Jean Swan Haas
- Bradford Cooper Hagerman
- Paul Lee Hargitt III
- Myles Grant Hartwig
- William Brett Hayes
- Lauchlin Vernon Hines
- Kristen Michele Howard
- Terra Lynne Howard
- William John Hughes
- Mark Vincent Improta
- Frank Andrew Ingwersen
- Meggan Elaine Jeter
- Christopher Ridgley Johns
- John Matthew Kerr
- Andrew Erkki Lampela
- Christopher Curtis Lavelle
- Philip E Lavelle JR
- Janice Ann Webb Lavin
- Joshua Andrew Mazer
- Kevin Michael McDougall
- Stephen Mills
- James Michael Mlott
- Ann Arscott Moore
- Damon Conor Page Moran
- Cynthia Lyn Mulonas
- Paul William Murans
- Sara Ann Murans
- David Scott Nystrom
- Antonio Jose Pacheco
- Edward Lee Patzer
- Mitchell Patzer
- Thomas Wayne Perkins
- Daniel Reid
- Nicholas Giulio Rimicci
- Michael Vincent Riolo
- Matthew M. Roberson
- Wanda Jo Ross
- Bradley Louis Rozema
- Christopher Patrick Salerno
- Mark Stephenson Sarrett
- David Gordon Scupholm
- Benjamin Selinger
- Joshua Kulback Simon
- Tania Lashae Smith
- William Jeremiah Smith
- Natasha Marie Sparks
- Todd Alan Spille
- Jenna Lynn Spurrier
- Jon Keith Stucker
- Brian Wesley Sullivan
- Dane Patrick Trainor
- Jeffrey V Triwedi
- Clinton Andrew Trotta
- Richard Noel Trotta
- Dylan Truancelewis
- James Luke Turco
- Brian Mitchell Vargason
- James Fyfe Walker JR
Staff
- 100 employees
- 86 in advisory functions
- 86 state-registered reps
- 86 broker-dealer reps
- 60 insurance agents
- Owns 75% or more of Thurston Springer Advisors, LLC
Financial Services Holdings, LLC
Control person · since June 2020
- Owns 25% to 50% of Financial Services Holdings, LLC
Richard Parker
Control person · since May 2020
- Owns 25% to 50% of Financial Services Holdings, LLC
James Titak Irrevocable Trust DTD 12/3/2020
Control person · since December 2020
Thurston Springer Advisors’ regulatory assets grew 8.0× from $755M (March 2021) to $6.01B (September 2026); clients rose from 1,750 to 4,694 and employees from 57 to 100.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $6.01B | 4,694 | 100 | 34 |
| November 2025 | $3.68B | 6,759 | 93 | 21 |
| June 2024 | $1.35B | 1,992 | 51 | 21 |
| May 2022 | $1.02B | 1,753 | 55 | 23 |
| March 2021 | $755M | 1,750 | 57 | 19 |
Besides its headquarters, Thurston Springer Advisors has 33 offices (11 private residences, listed without an address), with 23 listed addresses across 14 states.
Florida · 3 listed addresses
- 333 S. Pineapple Ave, Sarasota
- 1070 E Indiantown Road, Jupiter
- 11000 Prosperity Farms Road, Palm Beach Gardens
Indiana · 3 listed addresses
- 9000 Keystone Crossing, Seventh Floor, IndianapolisHQ
- 35 Executive Drive, Lafayette
- 1736 E Day Road, Mishawaka
Oklahoma · 3 listed addresses
- 3817 NW Expressway, Oklahoma City
- 1881 West Spruce Street, Duncan
- 401 S. Boston Ave, Tulsa
Texas · 3 listed addresses
- 821 Ese Loop 328, Tyler
- 1323 N University Drive, Nacogdoches
- 13355 Noel Road, Dallas
Illinois · 2 listed addresses
- 127 N. Walnut, Itasca
- 1345 Montgomery Drive, Deerfield
California · 1 listed address
- 877 Cedar Street, Santa Cruz
District of Columbia · 1 listed address
- 1050 30th Street N.W., Washington
Maryland · 1 listed address
- 1997 Annapolis Exchange Parkway, Annapolis
Michigan · 1 listed address
- 39520 Woodward Ave, Bloomfield Hills
New Mexico · 1 listed address
- 7004 Oersted RD, Rio Rancho
Ohio · 1 listed address
- 4411 Market Street, Youngstown
Pennsylvania · 1 listed address
- 867 Fawn View Road, Brodheadsville
South Carolina · 1 listed address
- 145 Gleneagles Road, Campobello
Virginia · 1 listed address
- 4211 Dover Road, Richmond
Other business names
Thurston Springer Advisors has reported 32 other business names to the SEC.
- Alpha Pointe Capital
- Ann A. Moore Financial Management
- Ap Capital Management
- Ascend Wealth
- Badders & Moore Wealth Management of Trinity Capital
- Buchanan Wealth Management of Trinity Capital Management
- Cerulean Capital Management, LLC
- Cohen Capital Management Group
- Conservation Wealth Management
- Damer Wealth Management
- Elias Financial Network LLC
- Fratarcangeli Wealth Management
Show all 32 names
- G & M Investment Group
- HNS Advisors
- J. Simon & Company
- JKS Investment Group
- John Kerr Financial
- Landmark Financial Services
- Lavelle Financial
- Moran Wealth Management
- Ontrack Capital Management
- Principia Private Wealth
- Smith Wealth
- T.S. Phillips Investments
- Targeted Retirement Strategies
- The Baldassari Group
- The Patzer Group Wealth Management
- Thorson Tax & Financial
- Thurston Springer Financial
- Trinity Capital Management
- Vantage Wealth Management
- Walker Investments
Contact and registration details
- Legal name
- Thurston Springer Advisors, LLC
- Headquarters
- 9000 Keystone Crossing, Seventh Floor, Indianapolis, IN 46240
- Website
- thurstonspringer.com
- Phone
- 317-581-4000
- SEC file
- 801-114256
- Structure
- Indiana LLC
- Fiscal year end
- June
Thurston Springer Advisors uses Wells Fargo Clearing Services ($5.87B) as custodian for its separately managed accounts. Thurston Springer Advisors does not have custody of client assets.
- Wells Fargo Clearing ServicesWells Fargo Clearing Services, LLC · St. Louis, MO · $5.87B100%
At year end, Thurston Springer Advisors’ separately managed accounts were largely in funds (47%) and stocks (46%).
What the accounts hold
- Stocks46%
- Funds47%
- Bonds2%
- Cash4%
- Other1%
- Options1%
How many clients does Thurston Springer Advisors have?
Thurston Springer Advisors has 4,694 clients and manages $6.01 billion for them, as of September 2026. They include 3,272 individual clients, 1,157 high-net-worth individuals, and 155 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 September 2026
What services does Thurston Springer Advisors offer?
Thurston Springer Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Thurston Springer Advisors use?
Thurston Springer Advisors’ separately managed account assets are held at Wells Fargo Clearing Services, LLC (St. Louis, MO), with $5.87B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 September 2026
How many financial advisors does Thurston Springer Advisors have?
Thurston Springer Advisors has 86 investment adviser representatives registered with state securities authorities, out of 100 employees, and 86 perform investment advisory functions. 86 employees are registered representatives of a broker-dealer and 60 employees are 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 Thurston Springer Advisors invest in?
At the end of its last fiscal year, Thurston Springer Advisors’ separately managed accounts held 47% registered funds (mutual funds, ETFs, BDCs), 46% exchange-traded equities, 4% cash and equivalents, 2% state and local bonds and 1% other. The 1% other category is described as: Options.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Thurston Springer Advisors?
Thurston Springer Advisors is owned through a holding company by Richard Parker and James Titak Irrevocable Trust DTD 12/3/2020. Its direct owner is Financial Services Holdings, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 25 September 2026
How does Thurston Springer Advisors get paid?
Thurston Springer Advisors is paid through a percentage of assets under management, hourly charges 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
Is Thurston Springer Advisors registered with the SEC?
Yes, Thurston Springer Advisors has been registered with the SEC as an investment adviser since 2 November 2018. Its CRD number is 299201 and its SEC file number is 801-114256.
Source: Form ADV Part 1A, Item 1, filed 25 September 2026; IAPD firm record
How do I contact Thurston Springer Advisors?
Thurston Springer Advisors’ main office is at 9000 Keystone Crossing, Seventh Floor, Indianapolis, IN 46240. Its phone number is 317-581-4000. Its website is thurstonspringer.com.