Paul Murans
Paul Murans is a registered investment advisor at Thurston Springer Advisors, based in Indianapolis, IN, with 27 years of industry experience. Paul is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Estate Planning, High Net Worth, Investment Management, Retirement Planning. Their firm serves 4,694 clients with $6B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Thurston Springer Advisors charges fees based on a percentage of the assets they manage for you, with annual rates ranging from 0.25% to 2.50%. The exact rate depends on the specific advisory program, the scope of services provided, the size of your portfolio, and what you negotiate with your investment advisor representative.
- Fees are typically billed quarterly, either in advance or in arrears depending on the specific program and custodian you use.
- Some programs may also involve transaction charges for individual trades, while others operate under a bundled fee structure that covers standard trading costs.
- Additional custodial charges, such as wire fees or maintenance fees, may apply depending on your account activity and program.
Location
9000 Keystone Crossing, Seventh Floor, Indianapolis, IN, 46240
Get directionsHistory
Regulatory History (10)
Customer Dispute
March 2025Investigation
March 2025Customer Dispute
April 2024Customer Dispute
November 2022Customer Dispute
August 2019Customer Dispute
November 2018Customer Dispute
March 2018Employment Separation After Allegations
October 2017Customer Dispute
August 2016Employment Separation After Allegations
March 2011Other Business Activities
Paul is a passive partner in Donegal Derby Dreams VI, LLC, a member of M-Big, LLC, and a passive investor in Merlot Racing, LLC, a horse racing venture. None of these activities require participation during market hours.
Employment History
Current Registrations
Thurston Springer Advisors
Thurston, Springer, Miller, Herd & Titak, INC.Broker
Previous Registrations
Thurston Springer Financial
UBS Financial Services INC.
UBS Financial Services INC.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Merrill Lynch, Pierce, Fenner & Smith Incorporated
UBS Painewebber INC.
UBS Painewebber INC.Broker
Midwest Discount Brokers INC.Broker
State Registrations23 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.
Exams
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