Richmond, VA Office

Team
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Thurston Springer Advisors

Multi-team

Firm-wide stats for Thurston Springer Advisors

Total advisors

93

Across 28 offices

Clients per advisor

48 Typical

Avg AUM per client

$1,221,336 High

HNW client ratio

26% Typical

About

Thurston Springer serves individual and high‑net‑worth clients as well as corporations, foundations, estates and employer‑sponsored retirement plans. It provides comprehensive financial planning, portfolio management, fee‑based consulting and wrap‑program options (including the Compass Account), and offers ERISA 3(21) and 3(38) fiduciary services for plan sponsors.

Advisory services are tailored to client goals and may be managed discretionarily through firm programs, with IARs setting account restrictions and conducting periodic reviews. Investment analysis combines charting, fundamental, technical and cyclical methods and supports both buy‑and‑hold allocation approaches and more active strategies such as the Tactical Momentum and Earnings Momentum models, which involve higher turnover.

Noteworthy distinctions include the firm’s integration with affiliated entities: many IARs are registered representatives of affiliated broker‑dealer Thurston Springer Financial and are licensed insurance agents who may effect commissionable brokerage and insurance transactions through affiliated agencies (Thurston Springer Insurance and Top Advisors Group). The firm also works with institutional plan sponsors (including banking or thrift clients), is affiliated with truEdge and related private‑fund arrangements, and discloses custodial sweep, platform support and placement‑fee relationships and supervisory controls intended to address the resulting conflicts of interest.

Based on Thurston Springer Advisors

Expertise

Multi-generational wealth transfer Business exit / sale strategy Active portfolio management

Based on Thurston Springer Advisors

Occupation focus

Founder/Business Owner Executive

Based on Thurston Springer Advisors

Location

4211 Dover Road 2nd Floor

Richmond VA 23221

Advisors at this office

4

Advisors at this office

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David N

Series 63, Series 65

Richmond, VA

Thurston Springer Advisors

David Nystrom is a financial advisor with Thurston Springer Advisors in Richmond, VA, holding Series 63 and Series 65 licenses and bringing 26 years of industry experience. He has previously worked at Burgess Partners, LLC and Wells Fargo Advisors Financial Network LLC. Outside of his advisory role, he serves as treasurer for the Longwood University Trust and is a board member of the Brookfield Foundation. Thurston Springer Advisors serves individual and high-net-worth clients, corporations, foundations, estates, and employer-sponsored retirement plans. The firm offers comprehensive financial planning, portfolio management, and fiduciary services, employing investment analysis methods that support both buy-and-hold and more active strategies.

Multi-generational wealth transfer Business exit / sale strategy Active portfolio management Founder/Business Owner Executive
user avatar

William H

Series 63, Series 65

Richmond, VA

Thurston Springer Advisors

William Hayes is a financial advisor with Thurston Springer Advisors in Richmond, VA, holding Series 63 and Series 65 credentials and bringing 34 years of industry experience. He previously worked for Wells Fargo Advisors Financial Network LLC and Wells Fargo Clearing from 1999 to 2025. Hayes serves as a trustee for the Virginia Retirement System, participating in policy review and oversight of the pension and savings plan. Thurston Springer Advisors serves individual and high-net-worth clients as well as corporations, foundations, estates, and employer-sponsored retirement plans. The firm offers comprehensive financial planning, portfolio management, and fiduciary services, utilizing a range of investment strategies from buy-and-hold to active models such as Tactical Momentum and Earnings Momentum.

Multi-generational wealth transfer Business exit / sale strategy Active portfolio management Founder/Business Owner Executive
user avatar

Daniel C

Series 63, Series 66

Richmond, VA

Thurston Springer Advisors

Daniel Caparrelli is a financial advisor with Thurston Springer Advisors in Richmond, VA, holding Series 63 and Series 66 licenses and 11 years of industry experience. His background includes roles at Wells Fargo Advisors and Wells Fargo Clearing. He also operates under the name HNS Advisors in other business activities. Thurston Springer Advisors serves individual, high-net-worth, and institutional clients, offering a range of financial planning and investment management services that include both discretionary and non-discretionary strategies. The firm employs diverse investment analysis techniques and provides fiduciary services for plan sponsors.

Multi-generational wealth transfer Business exit / sale strategy Active portfolio management Founder/Business Owner Executive
user avatar

Mark S

Series 66

Richmond, VA

Thurston Springer Advisors

Mark Sarrett is a financial advisor at Thurston Springer Advisors with 14 years of industry experience. He previously worked at Wells Fargo Advisors from 2011 to 2025. Outside of his advisory role, Sarrett coaches varsity sailing and serves on the board of James River Country Club in Richmond, VA. He is also a member of the endowment committee at Hampton Roads Academy. Thurston Springer Advisors serves individuals, high-net-worth clients, corporations, foundations, estates, and employer-sponsored retirement plans. The firm provides comprehensive financial planning, portfolio management, and fiduciary services, combining fundamental and technical investment approaches with both buy-and-hold and active strategies.

Multi-generational wealth transfer Business exit / sale strategy Active portfolio management Founder/Business Owner Executive
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