Maxwell Sprigg
Maxwell Sprigg is a registered investment advisor at Newedge Advisors, based in Lake Charles, LA, with 5 years of industry experience. Maxwell is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Business Owners, Charitable Giving, Corporate Executives, and 9 more. Their firm serves 49,898 clients with $43B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 2.25% |
| $1.0M - $2.0M | 2.00% |
| $2M+ | 1.75% |
Schedule reflects the primary Equity and Balanced Advisors Choice program. The firm imposes a maximum annual fee of 1.75% for new accounts opened after December 31, 2025, though older accounts may have rates up to 2.50%. Additional program schedules exist for fixed income, mutual fund strategies, and third-party manager programs. Fees are negotiable.
Fee Estimator
Location
Lake Charles, LA
Get directionsHistory
Regulatory History (1)
Criminal
September 2010Other Business Activities
Maxwell operates under several DBAs related to his LPL business and investment advisory activities, including Toujours Planning, GWM Advisors, and Generation Wealth. He also owns Center Street Records, LLC, a non-investment related business, dedicating a few hours per week to it.
Employment History
Current Registrations
Newedge Advisors
LPL Financial LLC
LPL Financial LLCBroker
State Registrations2 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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