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Richard Earl Mcelreath

SPRING CAPITAL MANAGEMENT

AMARILLO, TX

·CRD# 3034037·28 years experience

Professional Summary

Richard Earl Mcelreath is a registered financial advisor currently at SPRING CAPITAL MANAGEMENT located in Amarillo, Texas. Richard is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1998. Richard has worked at 7 firms and has passed the Series 66, Series 63, SIE, Series 7, Series 10 and Series 9 exams.

At a Glance

Always Fiduciary

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

There are no additional aliases reported.

Blog Corner

What Does a Financial Advisor Do? Understanding Their Role, Services, and Value

What Does a Financial Advisor Do? Understanding Their Role, Services, and Value

Do I Need a Financial Advisor? A Complete Guide to Deciding If It’s Right for You

Do I Need a Financial Advisor? A Complete Guide to Deciding If It’s Right for You

What Are Financial Values and How to Align Them With Your Financial Goals

What Are Financial Values and How to Align Them With Your Financial Goals

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Videos & Posts

This advisor has not added any videos or posts yet.

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Contact Information

This advisor has not claimed their profile yet, so there is no contact information to display at this time.

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Disclosures are events reported to regulators, such as customer disputes, regulatory actions, employment separations, or financial events. Some are resolved, denied, or contested — a disclosure is not a verdict. We recommend asking an advisor directly about any disclosure on their record.

Disclosures on record.

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities. Check for any disclosures as part of your thorough research when choosing an advisor.

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Years of Experience

28 years in the financial services industry

Current & Past Employments

SPRING CAPITAL MANAGEMENT·CRD# 282842

RIA

600 S. Tyler Suite 1515, Amarillo, TX 79101

April 19, 2016 - Present

PURSHE KAPLAN STERLING INVESTMENTS·CRD# 35747

BD

Amarillo, TX

February 24, 2014 - December 31, 2024

FORTITUDE ADVISORY GROUP L.L.C.·CRD# 116083

RIA

Amarillo, TX

October 3, 2008 - May 31, 2017

AWM SERVICES, LLC·CRD# 6439

BD

Amarillo, TX

October 3, 2008 - December 31, 2008

ARGENTUS SECURITIES, LLC·CRD# 45915

BD

Amarillo, TX

October 3, 2008 - February 28, 2014

WELLS FARGO CLEARING SERVICES, LLC·CRD# 19616

RIA

Amarillo, TX

January 1, 2008 - October 7, 2008

WELLS FARGO CLEARING SERVICES, LLC·CRD# 19616

BD

Amarillo, TX

January 1, 2008 - October 7, 2008

A. G. EDWARDS & SONS, INC.·CRD# 4

RIA

Amarillo, TX

October 9, 2002 - January 1, 2008

A. G. EDWARDS & SONS, INC.·CRD# 4

BD

Amarillo, TX

May 15, 1998 - January 3, 2008

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Current Firm

SC

SPRING CAPITAL MANAGEMENT

SAGE ASSET MANAGEMENT, LLC | SPRING CAPITAL MANAGEMENT, LLC | SPRING CAPITAL MANAGEMENT

CRD#: 282842 / SEC#: 801-119676

RIA

Registered Investment Advisory firm - SEC (10/23/2020 Approved)

Texas

Registered Investment Advisory firm - Texas (10/26/2020 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

Contact Information

Main Address

600 S. Tyler Suite 1515, Amarillo, TX 79101

Phone Number

(806) 322-5000

# of Employees

2

SEC notice filing (1 States and Territories)

Registered to provide investment advisory services in 1 US states and territories.

Documents

Customer Relationship Summary (CRS / SEC)Latest Form ADV

Part 2 Brochures

ADV PART 2AB (2/24/2026)

ADV PART 2 WRAP BROCHURE (2/24/2026)

Regulatory Assets Under Management

Total Number of Accounts

316

AUM (Assets Under Management)

$223,042,193

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Other business activities

Information obtained from regulatory filings. Advisors can request corrections through their firm or regulator.

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.the name of the other business: ARVEST ASSET MANAGEMENT; investment-related: yes; address of the other business: same as adviser; the nature of the other business: investment committee member; your position: INVESTMENT MANAGEMENT GROUP COMMITTEE MEMBER; start date of your relationship: 5/2012; approximate amount of time spent on this business: 16 - 20 hours per year; approximate amount of time spent on this business during securities trading hours: 16 - 20 hours per year; and briefly describe your duties relating to the other business: provide feedback on investment products. || 2.the name of the other business: RJAE, LLC; investment-related: No; address of the other business: 600 S. Avondale, Amarillo, TX 79106; the nature of the other business: HOLDING COMPANY FOR Vacation home; your position: managing member; start date of your relationship: ; approximate amount of time spent on this business: 2-3 hours/mo; approximate amount of time spent on this business during securities trading hours: 0; and briefly describe your duties relating to the other business: manage operations of the LLC. RJAE also wholly owns Bristlecomb Pine Ventures, LLC, which engages in the same activity as RJAE.

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Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".

SC

SPRING CAPITAL MANAGEMENT

SAGE ASSET MANAGEMENT, LLC | SPRING CAPITAL MANAGEMENT, LLC | SPRING CAPITAL MANAGEMENT

CRD#: 282842 / SEC#: 801-119676

RIA

Registered Investment Advisory firm - SEC (10/23/2020 Approved)

Texas

Registered Investment Advisory firm - Texas (10/26/2020 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

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.

IAR

Texas
(4/19/2016)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

Financial professionals may take different exams throughout their careers based on the types of services they provide and roles they perform.

Series 66 — Uniform Combined State Law Examination

Passed Apr 2007About the Series 66 exam

Series 63 — Uniform Securities Agent State Law Examination

Passed May 1998About the Series 63 exam

SIE — Securities Industry Essentials Examination

Passed Oct 2018About the SIE exam

Series 7 — General Securities Representative Examination

Passed May 1998About the Series 7 exam

Series 10 — General Securities Sales Supervisor - General Module Examination

Passed Jan 2005About the Series 10 exam

Series 9 — General Securities Sales Supervisor - Options Module Examination

Passed Nov 2004About the Series 9 exam

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CRS (Client Relationship Summary) - RIA

Click below to view Richard Earl Mcelreath's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

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