{
  "crd_number": 152667,
  "slug": "bluespring-wealth-management-llc-austin-tx-152667",
  "primary_business_name": "BLUESPRING WEALTH MANAGEMENT, LLC",
  "legal_name": "BLUESPRING WEALTH MANAGEMENT, LLC",
  "dbas": [
    "BLUESPRING WEALTH"
  ],
  "city": "Austin",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "12420",
  "metro": {
    "cbsa_code": "12420",
    "common_name": "Austin",
    "msa_name": "Austin-Round Rock-San Marcos, TX",
    "path": "/advisors/tx/austin"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2010-01-15",
  "years_registered": 16,
  "period": "2026-10-01",
  "filing_date": "2026-07-01",
  "carried_forward": false,
  "raum_total": 5430907207.0,
  "raum_discretionary": 5400980805.0,
  "raum_non_discretionary": 29926402.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 64,
  "advisory_employees": 47,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 58570431.0,
      "count": 18
    },
    "individuals": {
      "raum": 882342900.0,
      "count": 1914
    },
    "banking_thrift": {
      "raum": 72763665.0,
      "count": 2
    },
    "state_municipal": {
      "raum": 4543288.0,
      "count": 1,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": 2337224.0,
      "count": 1
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 259898729.0,
      "count": 47
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 4089605439.0,
      "count": 1253
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 60845531.0,
      "count": 14
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "CO",
    "FL",
    "GA",
    "HI",
    "IA",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MI",
    "MN",
    "MO",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NV",
    "NY",
    "OH",
    "OR",
    "PA",
    "SC",
    "TN",
    "TX",
    "VA",
    "WA",
    "WI"
  ],
  "websites": [
    "https://bedellfrazier.com",
    "https://bluespringwealthcalifornia.com",
    "https://bluespringwealthkentucky.com",
    "https://bluespringwealthky.com",
    "https://bluespringwealthmidwest.com",
    "https://bluespringwealthoh.com",
    "https://bluespringwealthohio.com",
    "https://bluespringwealthrivervalley.com",
    "https://capitalplanningadvisors.com",
    "https://facebook.com/BedellFrazier",
    "https://facebook.com/VECTORWEALTHMANAGEMENT",
    "https://facebook.com/capitalplanningadvisors",
    "https://facebook.com/profile.php?id=61591567761337",
    "https://instagram.com/bedellfrazierinvest",
    "https://linkedin.com/COMPANY/VECTOR-WEALTH-MANAGEMENT-LLC",
    "https://linkedin.com/company/bedell-investment-counselling",
    "https://linkedin.com/company/capital-planning-advisors-inc-",
    "https://linkedin.com/showcase/bluespring-river-valley",
    "https://open.spotify.com/show/6mYQYvERiplyzN8ZuxkrSw?dlsi=312a6472113646f9&nd=1&si=d26fa9fa56d54901",
    "https://podcasts.apple.com/us/podcast/bedell-frazier-investment-counselling/id1643741303",
    "https://podcasts.apple.com/us/podcast/well-balanced/id1724833559",
    "https://vectorwealth.com",
    "https://youtube.com/@BluespringWealthRiverValley",
    "https://youtube.com/channel/UCBp5fW6m8u_wnZe5w2kDuRw",
    "https://youtube.com/channel/UCcrPNhQahd0kT7h5ORVMM5w"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/152667",
  "city_as_filed": "AUSTIN",
  "url": "https://advisorcensus.com/firm/bluespring-wealth-management-llc-austin-tx-152667",
  "display_name": "Bluespring Wealth Management, LLC",
  "summary": "Bluespring Wealth Management, LLC is an SEC-registered investment advisory firm in Austin, TX, registered since 2010, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 1, 2026.",
  "citation": "AdvisorCensus. Bluespring Wealth Management, LLC (CRD 152667): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Bluespring Wealth Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Bluespring Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Bluespring Wealth Management, LLC located?",
      "a": "Bluespring Wealth Management, LLC's principal office is in Austin, TX, according to its Form ADV; the August 2026 filing also lists 6 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Bluespring Wealth Management, LLC registered with the SEC or a state?",
      "a": "Bluespring Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 152667."
    },
    {
      "q": "How much does Bluespring Wealth Management, LLC manage?",
      "a": "Bluespring Wealth Management, LLC reports $5,430,907,207 in regulatory assets under management in its Form ADV filing dated July 1, 2026 (99% discretionary)."
    },
    {
      "q": "How have Bluespring Wealth Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Bluespring Wealth Management, LLC: Regulatory assets under management: $1,271,704,442 in the October 2021 data and $5,430,907,207 in the October 2026 data, up 327%. Total employees: 22 in October 2021 and 64 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Bluespring Wealth Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,914); high net worth individuals (1,253); pension and profit sharing plans (but not the plan participants or government pension plans) (47)."
    },
    {
      "q": "Which custodians does Bluespring Wealth Management, LLC use?",
      "a": "Bluespring Wealth Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and T. Rowe Price Investment Services, Inc. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Bluespring Wealth Management, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/152667"
    },
    {
      "q": "What changed in Bluespring Wealth Management, LLC's recent Form ADV filings?",
      "a": "In the August 2026 filing data: Employees performing advisory functions went from 31 to 47. Regulatory assets under management went from $4,015,861,151 to $5,430,907,207 (+35%). Added an office in Cincinnati, OH. Added an office in Concord, OH. Added an office in Lexington, KY. Registered or notice-filed in GA, MI, MO, NJ."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1271704442.0,
      "total_employees": 22,
      "filing_date": "2021-09-10"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1498163402.0,
      "total_employees": 21,
      "filing_date": "2022-04-01"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1252774029.0,
      "total_employees": 23,
      "filing_date": "2023-08-28"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1333843885.0,
      "total_employees": 20,
      "filing_date": "2024-09-04"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1488809873.0,
      "total_employees": 19,
      "filing_date": "2025-06-05"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 5430907207.0,
      "total_employees": 64,
      "filing_date": "2026-07-01"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Employees performing advisory functions went from 31 to 47.",
        "Regulatory assets under management went from $4,015,861,151 to $5,430,907,207 (+35%).",
        "Added an office in Cincinnati, OH.",
        "Added an office in Concord, OH.",
        "Added an office in Lexington, KY.",
        "Registered or notice-filed in GA, MI, MO, NJ."
      ]
    },
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Added the business name Bluespring Wealth.",
        "Changed its legal name from SNS Financial Group, LLC to Bluespring Wealth Management, LLC.",
        "Employees performing advisory functions went from 14 to 31.",
        "Regulatory assets under management went from $1,642,956,019 to $4,015,861,151 (+144%).",
        "Added an office in Minneapolis, MN.",
        "Added an office in Roseville, CA.",
        "Added an office in Walnut Creek, CA.",
        "Registered or notice-filed in HI, KY, LA, NV, OH, PA, VA, WA.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $1,488,809,873 to $1,642,956,019 (+10%)."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Registered or notice-filed in OR, SC."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in LA, MO, NJ, OH, OK, PA, SD, UT, VA."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Employees performing advisory functions went from 17 to 14."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "T. Rowe Price Investment Services, Inc.",
      "name_as_filed": "T. ROWE PRICE INVESTMENT SERVICES, INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/bluespring-wealth-management-llc-austin-tx-152667.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1914,
      "fewer_than_5": false,
      "raum": 882342900.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 1253,
      "fewer_than_5": false,
      "raum": 4089605439.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 2,
      "fewer_than_5": false,
      "raum": 72763665.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 47,
      "fewer_than_5": false,
      "raum": 259898729.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 18,
      "fewer_than_5": false,
      "raum": 58570431.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 1,
      "fewer_than_5": true,
      "raum": 4543288.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 2337224.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 14,
      "fewer_than_5": false,
      "raum": 60845531.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/152667",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}