{"url":"https://nivawealth.com/firms/wellspring-wealth-management-134834","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/134834","regulatoryAum":584815363,"crd":"134834","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2408291","suffix":null,"lastName":"BISHOP","firstName":"VALERI","middleName":"JAN"},{"crd":"1355757","suffix":"JR","lastName":"GLOVER","firstName":"JOHN","middleName":"DAVID"},{"crd":"1996412","suffix":null,"lastName":"WINSTON","firstName":"MARK","middleName":"HOWELL"},{"crd":"5799011","suffix":null,"lastName":"WRIGHT","firstName":"ANDREW","middleName":"BLAKE"},{"crd":"2611479","suffix":null,"lastName":"WRIGHT","firstName":"DENNIS","middleName":"RAY"}],"total":5,"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":"2021-03-31","regulatoryAum":357727440,"clients":210,"employees":9,"offices":2},{"filedOn":"2022-06-09","regulatoryAum":407180359,"clients":208,"employees":9,"offices":3},{"filedOn":"2023-03-30","regulatoryAum":389513261,"clients":209,"employees":8,"offices":3},{"filedOn":"2024-04-01","regulatoryAum":439821274,"clients":207,"employees":9,"offices":3},{"filedOn":"2025-03-27","regulatoryAum":498151872,"clients":278,"employees":8,"offices":2},{"filedOn":"2026-03-27","regulatoryAum":584815363,"clients":262,"employees":8,"offices":2}],"secFileNumber":"801-64350","legalName":"Wellspring Wealth Management LLC","displayName":"Wellspring Wealth Management","slug":"wellspring-wealth-management-134834","website":"https://wellspringwealth.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/wellspring-wealth/mycompany/","founded":"2005","organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"11720 Amber Park Drive, Suite 150","city":"Alpharetta","state":"GA","stateName":"Georgia","country":"United States","postalCode":"30009-2276"},"tradeNames":["Wellspring Wealth"],"registration":{"secApproved":"20 June 2005","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2251792.4049586775,"staff":{"employees":8,"advisory":5,"brokerDealerReps":6,"insuranceAgents":4,"promoters":5},"aum":{"regulatory":584815363,"discretionary":584815360,"discretionaryAccounts":643,"nonDiscretionary":3,"nonDiscretionaryAccounts":1,"wrapProgram":155668147,"nonUsClientsPct":0,"nonAumClients":3},"clientTypes":[{"label":"Individuals (other than HNW)","clients":110,"regulatoryAum":33367643},{"label":"High-net-worth individuals","clients":132,"regulatoryAum":511566119},{"label":"Pension and profit-sharing plans","clients":0,"fewerThan5":true,"regulatoryAum":4533331},{"label":"Charitable organizations","clients":7,"regulatoryAum":14236776},{"label":"Corporations and other businesses","clients":13,"regulatoryAum":21111494}],"feePrograms":[{"role":"main","program":"Investment Advisory Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029159","versionId":1029159,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-27","documentName":"WELLSPRING WEALTH MANAGEMENT ADV 2A ADVISORY","fee_rate_low":0.25,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Consulting","summary":"Consulting is charged hourly at $250 to $500, payable in arrears, or as a flat fee of $0 to $25,000, payable in advance.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029159","versionId":1029159,"submittedOn":"2026-03-27","documentName":"WELLSPRING WEALTH MANAGEMENT ADV 2A ADVISORY"},{"role":"other","program":"Financial planning","summary":"Financial planning is a negotiable flat fee of $0 to $100,000, stated in the Financial Planning Agreement.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029159","versionId":1029159,"submittedOn":"2026-03-27","documentName":"WELLSPRING WEALTH MANAGEMENT ADV 2A ADVISORY"},{"role":"other","program":"Portfolio advisement service","summary":"The annual fee for portfolio advisement ranges from 0.25% to 1.00% of account value, invoiced quarterly in advance and negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029159","versionId":1029159,"submittedOn":"2026-03-27","documentName":"WELLSPRING WEALTH MANAGEMENT ADV 2A ADVISORY"},{"role":"other","program":"Portfolio monitoring service","summary":"Portfolio monitoring is a flat annual fee, typically $2,500 to $25,000, invoiced quarterly in advance or arrears and negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029159","versionId":1029159,"submittedOn":"2026-03-27","documentName":"WELLSPRING WEALTH MANAGEMENT ADV 2A ADVISORY"},{"role":"other","program":"Retainer services","summary":"Retainer flat fees range from $0 to $100,000 annually, billed in advance quarterly or semi-annually.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029159","versionId":1029159,"submittedOn":"2026-03-27","documentName":"WELLSPRING WEALTH MANAGEMENT ADV 2A ADVISORY"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T09:04:14.585588+00:00","documents":[{"name":"WELLSPRING WEALTH MANAGEMENT ADV 2A ADVISORY","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029159","versionId":1029159,"submittedOn":"2026-03-27"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029160","versionId":1029160,"submittedOn":null}]},"custodians":[{"name":"LPL Financial LLC","shortName":"LPL Financial","location":"Boston, MA","smaAssets":581804239}],"custodyNote":"Wellspring Wealth Management has custody of $1.65M in client assets for 3 clients.","leadership":[{"name":"Valeri Bishop","title":"Chief Compliance Officer","crd":"2408291"},{"name":"John Glover","title":"Chairman and Managing Partner","crd":"1355757"}],"ownership":[{"label":"Wellspring Wealth, LLC","detail":"Owner in the 75% or more ownership band and a control person, since January 2017."},{"label":"John Glover","detail":"Indirect owner: a managing partner of Wellspring Wealth, LLC in the 50% to 75% band and a control person, since January 2017.","parent":"Wellspring Wealth, LLC"},{"label":"Gregory Raabe","detail":"Indirect owner: a managing member of JBSGBJ Holdings LLC in the 25% to 50% band, since March 2020.","parent":"JBSGBJ Holdings LLC"},{"label":"Dennis Wright","detail":"Indirect owner: a managing partner of Wellspring Wealth, LLC in the 25% to 50% band and a control person, since May 2018.","parent":"Wellspring Wealth, LLC"},{"label":"JBSGBJ Holdings LLC","detail":"Indirect owner: a minority partner of Wellspring Wealth, LLC in the 25% to 50% band and a control person, since January 2017.","parent":"Wellspring Wealth, LLC"},{"label":"Mark Winston","detail":"Indirect owner: a partner of Wellspring Wealth, LLC in the 25% to 50% band, since September 2021.","parent":"Wellspring Wealth, LLC"}],"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Georgia","offices":1,"addresses":[{"street":"11720 Amber Park Drive, Suite 150","city":"Alpharetta","headquarters":true}]},{"state":"South Carolina","offices":1,"addresses":[{"street":"1000 Main Street","city":"Hilton Head"}]}],"brochureServices":["education planning","estate planning","family office services","insurance","philanthropic planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"770-410-4088","stateRegisteredReps":6,"otherAdviserReps":6,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Other"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":38},{"label":"Securities issued by registered investment companies or business development companies","percent":61},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"27 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/134834/PDF/134834.pdf","brochureDate":"27 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029159","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 Wealth Management have?","answer":"Wellspring Wealth Management has 262 clients and manages $585 million for them, as of March 2026. They include 132 high-net-worth individuals, 110 individual clients, and 13 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Wellspring Wealth Management offer?","answer":"Wellspring Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, education planning, estate planning, family office services, insurance, and philanthropic planning.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Wellspring Wealth Management charge?","answer":"Wellspring Wealth Management charges 0.25%–1.50% a year for its Investment Advisory Services. The fee is billed in advance and is negotiable.","source":"WELLSPRING WEALTH MANAGEMENT ADV 2A ADVISORY, filed 27 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Wellspring Wealth Management use?","answer":"Wellspring Wealth Management’s separately managed account assets are held at LPL Financial LLC (Boston, MA), with $582M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Wellspring Wealth Management have?","answer":"Wellspring Wealth Management has 6 investment adviser representatives registered with state securities authorities, out of 8 employees, and 5 perform investment advisory functions. 6 employees are registered representatives of a broker-dealer and 4 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Wellspring Wealth Management invest in?","answer":"At the end of its last fiscal year, Wellspring Wealth Management’s separately managed accounts held 61% registered funds (mutual funds, ETFs, BDCs), 38% exchange-traded equities and 1% cash and equivalents.","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 Wealth Management?","answer":"Wellspring Wealth Management is owned through a chain of holding companies by John Glover, Gregory Raabe, Dennis Wright and Mark Winston. Its direct owner is Wellspring Wealth, LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 27 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Wellspring Wealth Management get paid?","answer":"Wellspring Wealth Management is paid through a percentage of assets under management, hourly charges, fixed fees and other compensation. 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":"Is Wellspring Wealth Management registered with the SEC?","answer":"Yes, Wellspring Wealth Management has been registered with the SEC as an investment adviser since 20 June 2005. Its CRD number is 134834 and its SEC file number is 801-64350.","source":"Form ADV Part 1A, Item 1, filed 27 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Wellspring Wealth Management?","answer":"Wellspring Wealth Management’s main office is at 11720 Amber Park Drive, Suite 150, Alpharetta, GA 30009-2276. Its phone number is 770-410-4088. Its website is wellspringwealth.com.","source":"Form ADV Part 1A, Item 1.F, filed 27 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."}