Wellspring Advisors provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 101–250 clients last fiscal year.
Wellspring Advisors reports 271 clients. They include 225 individual clients and 46 high-net-worth individuals. Of its assets, 100.0% ($152M across 717 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 83% | 46% |
| High-net-worth individuals | 17% | 53% |
| Pension and profit-sharing plans | 0% | <1% |
| Charitable organizations | 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) | 225 | $70.2M | 46.1% | $312K |
| High-net-worth individuals | 46 | $81.1M | 53.3% | $1.76M |
| Pension and profit-sharing plans | Fewer than 5 | $29.3K | 0.0% | — |
| Charitable organizations | Fewer than 5 | $890K | 0.6% | — |
| Total | 271 | $152M | 100% | — |
- Clients
- 225
- Regulatory AUM
- $70.2M
- AUM share
- 46.1%
- Avg. per client
- $312K
- Clients
- 46
- Regulatory AUM
- $81.1M
- AUM share
- 53.3%
- Avg. per client
- $1.76M
- Clients
- Fewer than 5
- Regulatory AUM
- $29.3K
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $890K
- AUM share
- 0.6%
- Avg. per client
- —
Total
- Clients
- 271
- Regulatory AUM
- $152M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 101–250
Wellspring Advisors charges 0.50%–1.25% for its Investment Management Services. The brochure does not state whether the rate is annual. The fee is negotiable. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Financial life planning
- Comprehensive, modular and ongoing financial life planning is offered on a fixed fee basis, generally $3,000 to $10,000; ongoing plans are an annual fixed fee billed monthly, quarterly or semi-annually in advance.
- Hourly consulting
- Hourly consulting fees of up to $400 an hour for a specific project, with a $1,000 minimum fee; administrative services are $110 an hour.
- Third-party scrivener service
- Estate planning documents through a third-party scrivener, payable to the firm; the cost is approximately $2,000 and is stated before the work begins.
Scott Abrahamson owns 75% or more of Wellspring Advisors. The leadership team of Wellspring Advisors includes Chief Compliance Officer Scott Abrahamson. It has 5 employees, 2 of them in advisory roles.
Staff
- 5 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 insurance agent
- Owns 75% or more of Wellspring Advisors, Inc.
Scott Abrahamson
Control person · since February 2025
Wellspring Advisors’ regulatory assets fell from $218M (April 2021) to $152M (March 2026); clients fell from 654 to 271 and employees rose from 1 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $152M | 271 | 5 | 2 |
| Mar 2025March 2025 | $198M | 353 | 8 | 3 |
| Mar 2024March 2024 | $220M | 454 | 9 | 3 |
| Jul 2023July 2023 | $214M | 514 | 9 | 3 |
| Jun 2022June 2022 | $235M | 427 | 9 | 3 |
| Apr 2021April 2021 | $218M | 654 | 1 | 1 |
Besides its headquarters, Wellspring Advisors has 1 office (1 private residence, listed without an address), with 1 listed address in 1 state.
Oregon · 1 listed address
- 4660 Ne Belknap Court, Suite 221, HillsboroHQ
Other business names
Wellspring Advisors has reported 1 other business name to the SEC.
- Springsource Wealth Advisors
Contact and registration details
- Legal name
- Wellspring Advisors, Inc.
- Headquarters
- 4660 Ne Belknap Court, Suite 221, Hillsboro, OR 97124
- Website
- springsourcewealth.com
- Phone
- 503-714-9531
- SEC file
- 801-120308
- Structure
- Oregon corporation
- Fiscal year end
- December
Wellspring Advisors’ named custodians for separately managed accounts are SEI Private Trust ($143M, 94%) and Capital Client Group ($9.39M, 6%). Wellspring Advisors does not have custody of client assets.
- SEI Private TrustSEI Private Trust Company · Oaks, PA · $143M94%
- Capital Client GroupCapital Client Group, Inc. · Los Angeles, CA · $9.39M6%
At year end, Wellspring Advisors’ separately managed accounts were mostly in funds (78%) and cash (17%).
What the accounts hold
- Stocks4%
- Funds78%
- Cash17%
Filed values cover 99%. The neutral 1% gap has no reported category.
How many clients does Wellspring Advisors have?
Wellspring Advisors has 271 clients and manages $152 million for them, as of March 2026. They include 225 individual clients and 46 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Wellspring Advisors offer?
Wellspring Advisors provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Wellspring Advisors charge?
Wellspring Advisors charges 0.50%–1.25% for its Investment Management Services. The brochure does not state whether the rate is annual. The fee is negotiable.
Source: WELLSPRING ADVISORS, INC. DBA SPRINGSOURCE WEALTH ADVISORS - FORM ADV PART 2A, filed 31 March 2026
Which custodians does Wellspring Advisors use?
Wellspring Advisors’ separately managed account assets are held at SEI Private Trust Company (Oaks, PA), with $143M and Capital Client Group, Inc. (Los Angeles, CA), with $9.39M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Wellspring Advisors have?
Wellspring Advisors has 2 investment adviser representatives registered with state securities authorities, out of 5 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Wellspring Advisors invest in?
At the end of its last fiscal year, Wellspring Advisors’ separately managed accounts held 78% registered funds (mutual funds, ETFs, BDCs), 17% cash and equivalents and 4% exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Wellspring Advisors?
Wellspring Advisors’ direct owner is Scott Abrahamson (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Wellspring Advisors get paid?
Wellspring 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
How do I contact Wellspring Advisors?
Wellspring Advisors’ main office is at 4660 Ne Belknap Court, Suite 221, Hillsboro, OR 97124. Its phone number is 503-714-9531. Its website is springsourcewealth.com.
