BA

Bruce Malcolm Averback

45 Years of Experience

Firm Information

Compensation
Commission-BasedFee-Only (AUM)Fixed/Hourly
Number of Advisors
101 advisors
Number of Clients
4,342 clients
Average Client Portfolio
$912K average
Assets Under Management
$4.0B

Fee Structure

Minimum Investment:$25K
Financial Plan Fee:$1,500 - $25,000

Thurston Springer charges fees for ERISA fiduciary services based on the selected fee arrangement. These include one-time fees (ranging from $1,500 to $10,000), flat annual fees (ranging from $5,000 to $25,000 per year), and asset-based fees (ranging from 0.10% to 0.50% annually). The firm also charges fees for extra services such as 401(k) reviews, assessed hourly or by increasing the annual fee. Payment for advice can be billed at an hourly rate and may include such matters as working with family members, settling an estate, etc.

Areas of Practice
Retirement PlanningEstate PlanningInvestment Management
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Advisor Information

Office location

4411 Market St., Suite 200, Youngstown, OH, 44512

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Regulatory History (4)
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Judgment / Lien
April 2019
Judgment / Lien
January 2018
Customer Dispute
June 2016
Settled
Judgment / Lien
January 2016
Employment History
Current Registrations
Thurston Springer Advisors
November 2020 - Present · 5 yrs 2 mos
Thurston Springer FinancialBroker
November 2019 - Present · 6 yrs 2 mos
Previous Registrations
Thurston Springer Financial
November 2019 - November 2020 · 1 yr
Stifel, Nicolaus & Company, Incorporated
September 2016 - November 2019 · 3 yrs 2 mos
Stifel, Nicolaus & Company, Incorporated Broker
March 2009 - November 2019 · 10 yrs 8 mos
Butler, Wick & Co., INC.Broker
March 1980 - March 2009 · 29 yrs
State Registrations7 states
GAILMINCOHPASC
AdvisorBrokerBoth
Exams
No exam information available for this advisor.