Spring Capital Management

Spring Capital Management, L.L.C. is a Registered Investment Adviser offering a wrap fee program for advisory clients, focusing on individuals, high net worth individuals, businesses, trusts, and estates. The firm's primary investment strategy is the Advancing Dividend Equity Portfolio Theory, emphasizing long-term total market returns attributed to dividends. Spring Capital manages assets on a discretionary basis, providing services such as portfolio rebalancing, goal setting, and personal consultations. The minimum account opening balance is $1,000,000, with fees charged quarterly at 1.5% annually based on the daily average balance. The firm does not charge performance-based fees and does not engage in side-by-side management. Clients have the ability to impose limited restrictions on their accounts, with Spring Capital managing assets in-house. The firm's investment analysis includes fundamental analysis methods, utilizing resources like Morningstar and financial publications. Risks associated with the firm's strategies include bond fund risk, fundamental analysis risk, ETF risk, insurance product risk, and mutual funds risk. Spring Capital does not vote proxies on behalf of clients and does not charge fees based on trading activity. The firm's Code of Ethics ensures high standards of business conduct, and clients receive quarterly account statements and trade confirmations. Spring Capital does not receive compensation for client referrals and discloses potential conflicts of interest related to personal trading and economic benefits from Charles Schwab.