AUMdb

Wellspring Financial Advisors, Llc

SEC-registered Multi-Family Office · Mid-sized ($1B–$10B) CRD 143112 · SEC file 801-67630 · Cleveland, OH · WWW.WELLSPRINGADVISORSLLC.COM
☆ Save with Pro ADV data as of Jun 23, 2026
Regulatory AUM
$5.1B
Discretionary
$1.6B
Clients
148
Avg AUM / client
$34.2M
Accounts
2,051
Employees
31

AUM over time

$864M $5.1B
Dec 2011 Jun 2026

Annual snapshots from Form ADV filings · as of Jun 23, 2026

Who they serve

Client typeClientsAUM% of AUM
Individuals (non-high net worth) 21 $81.3M 1.61%
High net worth individuals 118 $4.9B 97.5%
Charitable organizations 9 $44.2M 0.87%

People (8)

roster as of Jul 20, 2026
NameRole / titleCredentialsWith firm sinceOwnership
Capuozzo, Laura, Ann Chief Compliance Officer Jan 2007 (20y) 5% – 10%
Michael Thomas Novak Managing Director Personal Financial Specialist Jan 2007 (20y) 50% – 75%
Richard Joseph Turgeon Director CFA Apr 2016 (10y) 10% – 25%
Staton, Jennifer Director Jan 2021 (6y) 10% – 25%
Kadlic, Jeffrey, D President & Coo Sep 2024 (2y) Less than 5%
Kathryn E Madzsar Registered representative CFP Jan 2018 (9y)
William Joseph Ambrogio Registered representative CFP Jan 2018 (9y)
Anna Vitale Registered representative CFP Jul 2026 (0y)

Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.

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)

FormPeriodSize
Form ADV (full filing) 06/23/2026 985 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
  • Fixed fees

Services

  • Financial planning services
  • Portfolio management for individuals/small businesses
  • Selection of other advisers
  • Other services

Custody

Reported custodians

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: Jun 23, 2026.

View current Form ADV (SEC/IAPD) ↗