Springer Investment Management, Inc. is a large advisory firm based in Sacramento. It manages $206.83 million of regulatory assets for 513 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California and Nevada.
Springer Investment Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Springer Investment Management, Inc. is $206.83 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 641% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Springer Investment Management, Inc. for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Keith Wayne Springer is high net worth individuals with 46 clients and $111.04 million of assets under management. Among the 9 most similar advisory firms, Springer Investment Management has the 3rd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $206.83 million for 505 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Springer Investment Management doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 17 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Keith Wayne Springer has been acting as President since 1 Jan 1997. Deanna Rene Erdman joined the executive team most recently as the Director Of Operations/Cco.
The principal office where Springer Investment Management, Inc. performs its advisory services is located at 4480 Duckhorn Drive, Sacramento, CA 95834, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 916-925-8900 or by fax 916-925-8914. The normal business hours are 8:00am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at keithspringer.com and its LinkedIn profile.