Wellspring Wealth Management Llc
- Regulatory AUM
- $585M
- Discretionary
- $585M
- Clients
- 262
- Avg AUM / client
- $2.2M
- Accounts
- 644
- Employees
- 8
AUM over time
Annual snapshots from Form ADV filings · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 110 | $33.4M | 5.71% |
| High net worth individuals | 132 | $512M | 87.5% |
| Pension and profit sharing plans | 0 | $4.5M | 0.78% |
| Charitable organizations | 7 | $14.2M | 2.43% |
| Corporations and other businesses | 13 | $21.1M | 3.61% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Littler Mendelson 401(k) Plan And Trust Littler Mendelson, P.C. | 2024 |
People (6)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| John David Glover | Chairman And Managing Partner | Jun 2005 (21y) | ≈ 37.5% – 75% via Wellspring Wealth, Llc | |
| Mark Howell Winston | Partner | CFP | Feb 2017 (9y) | ≈ 18.75% – 50% via Wellspring Wealth, Llc |
| Dennis Ray Wright | Managing Partner | Chartered Financial Consultant | May 2018 (8y) | ≈ 18.75% – 50% via Wellspring Wealth, Llc |
| Valeri Jan Bishop | Chief Compliance Officer | May 2018 (8y) | Less than 5% | |
| Gregory Allen Raabe | Managing Member | CFP Chartered Financial Consultant | Mar 2020 (6y) | ≈ 4.69% – 25% via Jbsgbj Holdings Llc |
| Andrew Blake Wright | Registered representative | Jun 2018 (8y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Wellspring Wealth, Llc | Owner | Jan 2017 | A | 75% or more |
| Jbsgbj Holdings Llc | Minority Partner | Jan 2017 | B | ≈ 18.75% – 50% via Wellspring Wealth, Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- John David Glover: 50% – 75% of Wellspring Wealth, Llc × 75% – 100% direct ≈ 37.5% – 75% of the firm
- Mark Howell Winston: 25% – 50% of Wellspring Wealth, Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Dennis Ray Wright: 25% – 50% of Wellspring Wealth, Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Gregory Allen Raabe: 25% – 50% of Jbsgbj Holdings Llc × 25% – 50% of Wellspring Wealth, Llc × 75% – 100% direct ≈ 4.69% – 25% of the firm
- Jbsgbj Holdings Llc: 25% – 50% of Wellspring Wealth, Llc × 75% – 100% direct ≈ 18.75% – 50% 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.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Littler Mendelson 401(k) Plan And Trust | Littler Mendelson, P.C. | 2,298 | $1.1B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 1.17 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
This firm answered "yes" to a disciplinary item on its latest filing. Detailed disclosure pages for this filing have not been imported yet — see the source filing below.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
- • Other fees
- • SHARE IN FEE CHARGED BY SUB-ADVISER.
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- LPL Financial $582M (99% 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 27, 2026.
View current Form ADV (SEC/IAPD) ↗