BYRON L. THORSEN
WELLSPRING PLANNING GROUP LLC | MANAGING DIRECTOR
ARLINGTON, TX 76006
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CRD#: 1848011
Professional summary
BYRON LANE THORSEN, CFP® is a registered financial advisor currently at WELLSPRING PLANNING GROUP LLC located in Arlington, Texas and HIGHTOWER SECURITIES, LLC located in Chicago, Illinois.
BYRON is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1988. BYRON has worked at 11 firms and has passed the Series 65, Series 63, SIE and Series 7 exams.
Biography
Byron is Managing Director of Wellspring Associates and has more than 30 years of industry experience. Byron was a founding partner of the Wellspring Associates’ Dallas office in 1992 and has been with the company since 1990. His clients are multi-generational families, family offices and their advisors. With a specific focus on Wealth Integration™, Byron has established a reputation for his commitment to advising on a wide range of matters including estate, business succession and charitable planning strategies.
Dedicated to promoting the interests of his clients, Byron is meticulous in his work and maintains multidisciplinary relationships, enabling him to effectively collaborate with other professional advisors. Byron is a Certified Financial Planner® professional. He has received membership recognition with numerous industry associations including the Family Office Exchange Thought Leaders Council, the AALU, International Forum and Top of the Table.
A graduate of Brigham Young University, Byron embraces his professional relationships with the American Endowment Foundation and Renaissance, two organizations that support charitable giving and charitable trust administration. In his free time, Byron enjoys running and traveling with his wife, Sidney. Byron and Sidney live in Arlington, Texas, and have five children and six grandchildren.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
None
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
1.) WELLSPRING ASSOCIATES - 4/27/2011 - 2000 E Lamar Blvd, Suite 580 Arlington, TX 76006 - Insurance Agent, financial planning and life insurance acquisition, (dba for ILG First Meridian LLC 12/10/2004 & First Meridian Inc - 1/4/1990 llc) insurance agency, Not Invt Rel, 100-120 hrs/mo;100-120 hrs/mo (during trading hours). 2.) TWG WELLSPRING LLC, formerly The Wellspring Group LLC - 5/1/2009 - 2000 E Lamar Blvd, Suite 580, Arlington, TX 76006 - Managing Director, management of the holding company, TWG Wellspring LLC is a holding company and I am a managing director of this company, Not Invt Rel, 8-20 hrs/mo;0 hrs/mo (during trading hours). 3.a) JBSGBJ Holdings, LLC - 03/20/2020 - ATLANTA, GA. - OTHER - HOLDING COMPANY OF TWG WELLSPRING LLC - MEMBER - TIME SPENT LESS THAN 5% 3b.) WELLSPRING PLANNING GROUP LLC - 4/1/2016 - 2000 E Lamar Blvd, Suite 580 Arlington, TX 76006 - Investment Advisor Representative, fee based financial planning and life insurance policy review only, involves no investment management, registered investment advisor, Invt Rel, 10-30 hrs/mo;10-30 hrs/mo (during trading hours).
CRS (Client Relationship Summary) - RIA
Click below to view BYRON LANE THORSEN's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
Experience
Current
May 25, 2016 - Present
WELLSPRING PLANNING GROUP LLC
Office #1: 2000 E. Lamar Blvd Suite 580, Arlington, TX 76006RIA
CRD#: 283593
ARLINGTON, TX
Current
July 7, 2020 - Present
HIGHTOWER SECURITIES, LLC
Office #1: 200 West Madison Street Suite 2500, Chicago, IL 60606BD
CRD#: 116681
Chicago, IL
Past
April 22, 2016 - June 30, 2020
THE LEADERS GROUP, INC.
BD
CRD#: 37157
SUMMIT, NJ
Past
September 24, 2009 - December 18, 2009
LPL FINANCIAL LLC
RIA
CRD#: 6413
ARLINGTON, TX
Past
September 8, 2009 - May 16, 2016
LPL FINANCIAL LLC
BD
CRD#: 6413
ARLINGTON, TX
Past
June 4, 2009 - May 3, 2016
WELLSPRING WEALTH MANAGEMENT LLC
RIA
CRD#: 134834
ARLINGTON, TX
Past
November 21, 2005 - March 9, 2009
MEADOWBROOK SECURITIES LLC
BD
CRD#: 10578
THE WOODLANDS, TX
Past
June 20, 2005 - March 17, 2009
WELLSPRING WEALTH MANAGEMENT LLC
RIA
CRD#: 134834
ARLINGTON, TX
Past
June 14, 2004 - October 13, 2009
ASSOCIATED PLANNERS INVESTMENT ADVISORY INC
RIA
CRD#: 104790
ARLINGTON, TX
Past
May 28, 2004 - September 8, 2009
ASSOCIATED SECURITIES CORP.
BD
CRD#: 12969
ARLINGTON, TX
Past
September 1, 2000 - June 8, 2004
WS GRIFFITH SECURITIES, INC.
RIA
CRD#: 10410
ARLINGTON, TX
Past
September 1, 2000 - June 8, 2004
WS GRIFFITH SECURITIES, INC.
BD
CRD#: 10410
HARTFORD, CT
Past
January 1, 1992 - September 5, 2000
AMERICAN GENERAL SECURITIES INCORPORATED
BD
CRD#: 13626
PHOENIX, AZ
Past
June 22, 1988 - January 31, 1990
THE BAKER GROUP, LP
BD
CRD#: 7888
OKLAHOMA CITY, OK
State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.RR
indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.Visual representation of state registrations
RR
Arizona(7/23/2021)
RR
California(7/23/2021)
IAR
Georgia(6/22/2016)
IAR
Texas(5/25/2016)
RR
Texas(7/7/2020)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
WP
WELLSPRING PLANNING GROUP LLC
WELLSPRING PLANNING GROUP LLC
CRD#: 283593 / SEC#:
Georgia
Registered Investment Advisory firm - (6/14/2016 Approved)Texas
Registered Investment Advisory firm - (5/25/2016 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
2200 Century Parkway Suite 750, Atlanta, GA 30345
Mailing Address
Phone number
(404) 924-4005
Established
Firm type
Fiscal year end
# of Employees
10
Red Flags
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