Founded in 2004, Greenspring Wealth Management is a fee-only wealth management firm and independent fiduciary located in Towson, Maryland. The firm's Private Client Group primarily works with individuals and families with a net worth of $2 million and above who engage the firm to provide comprehensive wealth management and investment advisory services. The firm's Institutional Advisory Group provides Independent Fiduciary Services to retirement plan trustees who generally oversee plan assets between $5 million and $100 million.
The firm currently serves over 100 clients nationwide and was recently ranked as one of the top independent investment advisory firms nationwide in 2009 by two leading publications, Wealth Manager and Financial Advisor.
For the second year in a row, Wealth Manager included Greenspring in its annual ranking of “Top Wealth Managers” by average assets under management per client. Moving up ninety spots from 2008, the firm was ranked as the 254th largest in the United States with an average client relationship of nearly $1 million.
In Financial Advisor’s fourth annual RIA Survey, Greenspring was also ranked as one of largest Registered Investment Advisors (RIA) in the country by average assets under management. Even more impressive, Greenspring was the 7th fastest growing firm in the country (managing at least $50 million) both in terms of percentage growth of total assets (34.24%) and percentage growth of average assets per client (20.18%). In contrast, this year’s average survey participant saw their total assets fall by 13% and the size of their average client relationship fall by 23.7%.