{"url":"https://nivawealth.com/firms/wellspring-advisors-147861","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/147861","regulatoryAum":152174077,"crd":"147861","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4299120","suffix":null,"lastName":"ABRAHAMSON","firstName":"SCOTT","middleName":"DENIS"},{"crd":"6157861","suffix":null,"lastName":"PAWLOWSKI","firstName":"CHRISTOPHER","middleName":"EDWARD PAUL"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-04-09","regulatoryAum":217801000,"clients":654,"employees":1,"offices":1},{"filedOn":"2022-06-28","regulatoryAum":234801096,"clients":427,"employees":9,"offices":3},{"filedOn":"2023-07-18","regulatoryAum":213834376,"clients":514,"employees":9,"offices":3},{"filedOn":"2024-03-21","regulatoryAum":219995831,"clients":454,"employees":9,"offices":3},{"filedOn":"2025-03-20","regulatoryAum":198176650,"clients":353,"employees":8,"offices":3},{"filedOn":"2026-03-31","regulatoryAum":152174077,"clients":271,"employees":5,"offices":2}],"secFileNumber":"801-120308","legalName":"Wellspring Advisors, Inc.","displayName":"Wellspring Advisors","slug":"wellspring-advisors-147861","website":"https://springsourcewealth.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Oregon corporation","fiscalYearEnd":"December","headquarters":{"street":"4660 Ne Belknap Court, Suite 221","city":"Hillsboro","state":"OR","stateName":"Oregon","country":"United States","postalCode":"97124"},"tradeNames":["Springsource Wealth Advisors"],"registration":{"secApproved":"12 February 2021","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":558137.442804428,"staff":{"employees":5,"advisory":2,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":152174077,"discretionary":152174077,"discretionaryAccounts":717,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":225,"regulatoryAum":70160119},{"label":"High-net-worth individuals","clients":46,"regulatoryAum":81095128},{"label":"Pension and profit-sharing plans","clients":0,"fewerThan5":true,"regulatoryAum":29322},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":889508}],"feePrograms":[{"role":"main","program":"Investment Management Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035061","versionId":1035061,"ratePeriod":"not_stated","fee_billing":null,"submittedOn":"2026-03-31","documentName":"WELLSPRING ADVISORS, INC. 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DBA SPRINGSOURCE WEALTH ADVISORS - FORM ADV PART 2A"},{"role":"other","program":"Hourly consulting","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035061","versionId":1035061,"submittedOn":"2026-03-31","documentName":"WELLSPRING ADVISORS, INC. DBA SPRINGSOURCE WEALTH ADVISORS - FORM ADV PART 2A"},{"role":"other","program":"Third-party scrivener service","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035061","versionId":1035061,"submittedOn":"2026-03-31","documentName":"WELLSPRING ADVISORS, INC. DBA SPRINGSOURCE WEALTH ADVISORS - FORM ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T13:47:34.142689+00:00","documents":[{"name":"WELLSPRING ADVISORS, INC. DBA SPRINGSOURCE WEALTH ADVISORS - FORM ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035061","versionId":1035061,"submittedOn":"2026-03-31"}]},"custodians":[{"name":"SEI Private Trust Company","shortName":"SEI Private Trust","location":"Oaks, PA","smaAssets":142781910},{"name":"Capital Client Group, Inc.","shortName":"Capital Client Group","location":"Los Angeles, CA","smaAssets":9392167}],"custodyNote":"Wellspring Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Scott Abrahamson","title":"Owner, Chief Compliance Officer","crd":"4299120"}],"ownership":[{"label":"Scott Abrahamson","detail":"Owner, chief compliance officer in the 75% or more ownership band and a control person, since February 2025."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Oregon","offices":1,"addresses":[{"street":"4660 Ne Belknap Court, Suite 221","city":"Hillsboro","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"503-714-9531","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":4},{"label":"Securities issued by registered investment companies or business development companies","percent":78},{"label":"Cash and cash equivalents","percent":17}],"privateFunds":0},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/147861/PDF/147861.pdf","brochureDate":"31 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035061","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Wellspring Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Wellspring Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Wellspring Advisors charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Wellspring Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Wellspring Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Wellspring Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Wellspring Advisors?","answer":"Wellspring Advisors’ direct owner is Scott Abrahamson (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Wellspring Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Wellspring Advisors?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}