Helmsman Financial Group, Llc
- Regulatory AUM
- $187M
- Discretionary
- $68.9M
- Clients
- 98
- Avg AUM / client
- $1.9M
- Accounts
- 267
- Employees
- 3
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 19, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 46 | $25.3M | 13.5% |
| High net worth individuals | 52 | $162M | 86.5% |
People (5)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Rieke, Christopher, John | Member | Oct 1998 (28y) | 10% – 25% | |
| Douglas Don Springer | Member & Manager | Nov 1998 (28y) | ≈ 18.75% – 50% via Springer Family Llc | |
| Sprute, Herbert, Andrew | Owner | Dec 2001 (25y) | ≈ 7.5% – 25% via Herb Sprute, Inc. P.C. | |
| Shelby M Miller | Registered representative | Jan 2004 (23y) | ||
| Brandon Douglas Springer | Registered representative | Oct 2014 (12y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Springer Family Llc | Member | Apr 2023 | A | 25% – 50% |
| Herb Sprute, Inc. P.C. | Member | Dec 2001 | A | 10% – 25% |
| Whitsell, Doris D | Economic Interest Owner | Sep 2024 | A | 10% – 25% |
Undisclosed: 0% – 45% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Douglas Don Springer: 75% – 100% of Springer Family Llc × 25% – 50% direct ≈ 18.75% – 50% of the firm
- Sprute, Herbert, Andrew: 75% – 100% of Herb Sprute, Inc. P.C. × 10% – 25% direct ≈ 7.5% – 25% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/19/2026 | 954 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
Custody
Reported custodians
- Charles Schwab & Co. $187M (100% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 19, 2026.
View current Form ADV (SEC/IAPD) ↗