Thurston Springer Advisors, Llc (Indianapolis)
Thurston Springer Advisors, Llc Is a Large Advisory Firm Based in Indianapolis. It Manages $656.85 Million of Regulatory Assets for 2,461 Client Accounts. It...
Thurston Springer Advisors, LLC is a large advisory firm based in Indianapolis. It manages $656.85 million of regulatory assets for 2,461 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Indiana.
Thurston Springer Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and educational seminars and workshops. It prepares financial plans for approximately 1,394 clients. On top of advisory services, the firm doesn't engage in other business activities.
Thurston Springer Advisors: assets under management
The assets under management (AUM) of Thurston Springer Advisors, LLC is $656.85 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 17% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $656.85 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $266.9 thousand each.
Thurston Springer Advisors has custody of $25.75 million in cash and securities for 69 clients in total but doesn’t act as a qualified custodian.
Investments
The firm invests in investment and business development companies the most. They account for 60% of the total AUM. The second-largest asset type is exchange traded securities, which make up 34% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.
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