Wealthspring Partners provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, business succession planning, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 101–250 clients last fiscal year.
Wealthspring Partners reports 409 clients. They include 307 individual clients and 102 high-net-worth individuals. Of its assets, 100.0% ($370M across 922 accounts) are managed with discretion. It advised 2 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 75% | 32% |
| High-net-worth individuals | 25% | 66% |
| Charitable organizations | 0% | <1% |
| Corporations and other businesses | Fewer than 5 | 1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 307 | $120M | 32.5% | $392K |
| High-net-worth individuals | 102 | $244M | 65.9% | $2.39M |
| Charitable organizations | Fewer than 5 | $2.27M | 0.6% | — |
| Corporations and other businesses | Fewer than 5 | $3.81M | 1.0% | — |
| Total | 409 | $370M | 100% | — |
- Clients
- 307
- Regulatory AUM
- $120M
- AUM share
- 32.5%
- Avg. per client
- $392K
- Clients
- 102
- Regulatory AUM
- $244M
- AUM share
- 65.9%
- Avg. per client
- $2.39M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.27M
- AUM share
- 0.6%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $3.81M
- AUM share
- 1.0%
- Avg. per client
- —
Total
- Clients
- 409
- Regulatory AUM
- $370M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 2
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Wealthspring Partners is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Advanced Financial Planning
- Customized quote, up to $1,500 a month maximum, under Commonwealth's Wealth Management Consulting Program.
- Comprehensive Financial Planning
- Monthly fee of $600 to $750 under Commonwealth's Wealth Management Consulting Program.
- Retirement Income Planning
- Monthly fee of $400 to $600 under Commonwealth's Wealth Management Consulting Program.
Jay Douglas owns 75% or more of Wealthspring Partners. The leadership team of Wealthspring Partners includes Chief Investment Officer Jay Douglas and Chief Compliance Officer Leanne Drayton. It has 10 employees, 3 of them in advisory roles.
Leadership
- Leanne DraytonChief Compliance Officer
- Jay DouglasPartner, Chief Investment Strategist
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
- Ashley Camille Boone
- Jay Michael Douglas
- Leanne Marie Drayton
- Taryn Renae Lee
- Tracy Ann Miu
Staff
- 10 employees
- 3 in advisory functions
- 5 state-registered reps
- 3 broker-dealer reps
- 3 insurance agents
- Owns 75% or more of Wealthspring Partners, LLC
Jay Douglas
Control person · since August 2026
Wealthspring Partners’ regulatory assets grew from $264M (August 2023) to $370M (September 2026); clients fell from 439 to 409 and employees rose from 8 to 10.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $370M | 409 | 10 | 6 |
| March 2025 | $333M | 414 | 7 | 9 |
| March 2024 | $300M | 429 | 8 | 5 |
| August 2023 | $264M | 439 | 8 | 5 |
Besides its headquarters, Wealthspring Partners has 5 offices (2 private residences, listed without an address), with 4 listed addresses in California and Washington.
California · 3 listed addresses
- 5000 Airport Plaza Drive, Suite 245, Long BeachHQ
- 1360 Marsh Street, San Luis Obispo
- 1550 Airport Boulevard, Santa Rosa
Washington · 1 listed address
- 1904 3rd Avenue, Seattle
Contact and registration details
- Legal name
- Wealthspring Partners, LLC
- Headquarters
- 5000 Airport Plaza Drive, Suite 245, Long Beach, CA 90815
- Website
- wealthspringpartners.com
- Phone
- 562-491-4410
- @wealthspring-partners
- SEC file
- 801-126563
- Founded
- 2016
- Structure
- California LLC
- Fiscal year end
- December
Wealthspring Partners uses Fidelity ($365M) as custodian for its separately managed accounts. Wealthspring Partners has custody of $52.3M in client assets for 47 clients.
- FidelityNational Financial Services LLC · Boston, MA · $365M100%
At year end, Wealthspring Partners’ separately managed accounts were mostly in funds (78%) and stocks (10%). Its reported 13F holdings for the quarter ended 30 June 2026 total $116M across 71 positions; the largest are Dimensional ETF Trust (12.5%), iShares TR (7.9%) and iShares TR (6.3%).
What the accounts hold
- Stocks10%
- Funds78%
- Cash10%
- Other2%
- Annuities2%
Reported 13F holdings
- $116M
- Reported 13F value
- 71
- Positions
- 59.1%
- In the 10 largest
- +6.8%
- Value vs. prior quarter
- Dimensional ETF Trust · US Cor Equ 2 ETF12.5%
- iShares TR · Core S&P500 ETF7.9%
- iShares TR · US Consm Staples6.3%
- Invesco Exchange Traded FD T · Water Res ETF5.9%
- iShares TR · Core US Aggbd ET5.8%
- Dimensional ETF Trust · World EX US Core5.1%
- Apple Inc.5.0%
- Vanguard Intl Equity Index F · FTSE Emr Mkt ETF3.7%
- SPDR Series Trust · ST Str SP Aero3.4%
- Vanguard Charlotte Fds · Total Int BD ETF3.4%
Together, the ten largest are 59.1% of reported value.
How many clients does Wealthspring Partners have?
Wealthspring Partners has 409 clients and manages $370 million for them, as of September 2026. They include 307 individual clients and 102 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 September 2026
What services does Wealthspring Partners offer?
Wealthspring Partners provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, business succession planning, education planning, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
Which custodians does Wealthspring Partners use?
Wealthspring Partners’ separately managed account assets are held at National Financial Services LLC (Boston, MA), with $365M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 September 2026
How many financial advisors does Wealthspring Partners have?
Wealthspring Partners has 5 investment adviser representatives registered with state securities authorities, out of 10 employees, and 3 perform investment advisory functions. 3 employees are registered representatives of a broker-dealer and 3 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 Wealthspring Partners invest in?
At the end of its last fiscal year, Wealthspring Partners’ separately managed accounts held 78% registered funds (mutual funds, ETFs, BDCs), 10% exchange-traded equities, 10% cash and equivalents and 2% other. The 2% other category is described as: Annuities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Wealthspring Partners?
Wealthspring Partners’ direct owner is Jay Douglas (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 17 September 2026
How does Wealthspring Partners get paid?
Wealthspring Partners 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 Wealthspring Partners registered with the SEC?
Yes, Wealthspring Partners has been registered with the SEC as an investment adviser since 15 September 2022. Its CRD number is 322756 and its SEC file number is 801-126563.
Source: Form ADV Part 1A, Item 1, filed 17 September 2026; IAPD firm record
How do I contact Wealthspring Partners?
Wealthspring Partners’ main office is at 5000 Airport Plaza Drive, Suite 245, Long Beach, CA 90815. Its phone number is 562-491-4410. Its website is wealthspringpartners.com.