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THURSTON SPRINGER ADVISORS
Legal name: THURSTON SPRINGER ADVISORS, LLC
CRD 299201File 801-114256
APPROVED
Retail clients
Disclosure events
Filing as of Sep 25, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$6.01B
Top 25% of cohort (national)
Discretionary AUM
$5.37B
Non-discretionary $639.5M
Clients
4,694
9,751 accounts
Employees
100
Top 10% of cohort in IN
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- CHRO
- Registration date
- Nov 2, 2018
- Principal office
- 9000 KEYSTONE CROSSING, SEVENTH FLOOR, INDIANAPOLIS, IN, 46240
- Phone
- 317.581.4000
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $6.01B
- Discretionary AUM
- $5.37B
- Non-discretionary AUM
- $639.5M
- Discretionary accounts
- 8,998
- Non-discretionary accounts
- 753
- Total accounts
- 9,751
- AUM per client
- $1.3M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 76 | $295.4M |
| Charitable organizations | 33 | $91.1M |
| High net worth individuals | 1,157 | $4.29B |
| Banking or thrift institutions | 1 | $29.4M |
| Pension and profit sharing plans | 155 | $183.1M |
| Individuals (other than high net worth individuals) | 3,272 | $1.12B |
Compensation & activities
ADV Items 5E, 5GCompensation
- Fixed fees
- Hourly charges
- A percentage of assets under your management
Advisory activities
- Other
- Financial planning services
- Selection of other advisers
- Portfolio management for businesses
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- No
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11- Q11
- Q11C1
- Q11C2
- Q11C4
- Q11C5
- Q11D2
- Q11D4
- Q11D5
- Q11E2
- Q11E4
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Sep 26, 2026 | Employees | 93 | 100 | increased by7 |
| Sep 26, 2026 | Disclosures | No | Yes | |
| Sep 26, 2026 | Custody | Yes | No | |
| Sep 26, 2026 | Clients | 5,873 | 4,694 | decreased by1,179 |
| Sep 26, 2026 | AUM | $3,675,305,852 | $6,008,300,727 | increased by$2,332,994,875 |
| Sep 26, 2026 | Accounts | 6,759 | 9,751 | increased by2,992 |
| Aug 17, 2026 | Clients | 6,759 | 5,873 | decreased by886 |
| Dec 1, 2025 vs May 1, 2025 | Employees | 68 | 93 | increased by25 |
| Dec 1, 2025 vs May 1, 2025 | Clients | 4,342 | 6,759 | increased by2,417 |
| Dec 1, 2025 vs May 1, 2025 | AUM | $3,957,978,217 | $3,675,305,852 | decreased by$282,672,365 |
| Dec 1, 2025 vs May 1, 2025 | Accounts | 4,342 | 6,759 | increased by2,417 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 67 | 68 | increased by1 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 1,636 | 4,342 | increased by2,706 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $1,112,976,471 | $3,957,978,217 | increased by$2,845,001,746 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 3,556 | 4,342 | increased by786 |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “THURSTON SPRINGER” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“THURSTON SPRINGER” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.