WELLSPRING FINANCIAL ADVISORS, LLC
Firm details
- Headquarters
- CLEVELAND, Ohio
- CRD number
- 143112
- Registered since
- March 15, 2007
- Custodians
- NATIONAL FINANCIAL SERVICES LLC
- Fee structure
- Percentage of AUM, Fixed Fees
- Client types
- HNWI97.52%
- Individuals1.61%
- Charitable Organizations0.87%
- Services
- Financial PlanningPortfolio Management for IndividualsSelection of Other Advisers
Firm profile
FINTRXOverview
Wellspring Financial Advisors, LLC is an independent registered investment adviser organized as an LLC and operating since 2007. The firm acts as a capital allocator for both individual and family clients as well as institutional accounts, offering fee arrangements that include a percentage of assets under management and fixed-fee engagements. Core advisory services emphasize financial planning, discretionary and non‑discretionary portfolio management for individuals and small businesses, and selecting external managers on behalf of clients. Wellspring also engages in other financial product sales and does not position itself as an active ESG investor.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Public Funds/Mutual Funds64%
- Exchange Traded Equities23%
- Non-Investment Grade Corp Bonds6%
- Cash & Cash Equivalents6%
- State & Local Bonds1%
Owners & executives
2 of 2JEFFREY KADLIC
President, Chief Operating OfficerCRD 4780385
MICHAEL NOVAK
Founder, President and CEOCRD 4343549
Contacts
3 of 5RICHARD TURGEON
Senior Managing DirectorCRD 2309831
Kathryn Madzsar
Managing Director & Senior Wealth AdvisorCRD 6896671
LAURA CAPUOZZO
Head of OperationsCRD 5293780
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 86Active vs passive
$3.9B in ETFs
83%
$3.2B
0%
$676M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| VANGUARD HIGH DIVIDEND YIELD INDEX FUND (VYM) | Vanguard | $671M | 2,909,177 | 17.17% |
Location
CLEVELAND, OH
CUYAHOGA
Location
CLEVELAND, OH
Headquartered in CLEVELAND, OH, anchoring the Cleveland-Akron-Canton, OH metro in the Midwest.
- Metro area
- Cleveland-Akron-Canton, OH
- Region
- Midwest
- County
- CUYAHOGA
- Address
- 5900 Landerbrook Dr
- Time zone
- ET (UTC-5)
- Office locations
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