Cedar Spring Advisors, LLC logo

Cedar Spring Advisors, LLC

Updated today

Client assets under management

$168,966,269

Clients

284

19% high-net worth

Advisors

4

of 4 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

71

High

Average account size

$594,952

About

Cedar Spring Advisors serves individual and high‑net‑worth clients as well as charitable organizations, offering discretionary and non‑discretionary portfolio management alongside financial planning and consulting services. As disclosed in the brochure, the firm reported about $169 million in assets under management across roughly 284 client relationships as of December 31, 2025.

The firm tailors investment programs to client goals and risk tolerance using fundamental analysis and a mix of long‑term, short‑term and options strategies, with periodic reviews that include rebalancing and tax‑loss harvesting opportunities. Cedar Spring also implements third‑party managed solutions — including SEI’s managed account and mutual fund model programs and an American Funds platform — and may appoint sub‑advisors or model managers to execute agreed strategies.

Distinctive operational features include a firm policy requiring custody with Charles Schwab, SEI or American Funds rather than permitting directed brokerage, and a small advisory team that operates from three offices. The firm’s principals also engage in insurance sales and tax‑preparation activities (disclosed as potential conflicts of interest and addressed by firm procedures), and the firm does not vote client proxies, directing clients to vote their own proxies.

Client services

Financial planning Portfolio management Selection of other advisers

Expertise

Retirement income strategy Divorce financial planning College savings (529s, UTMA, etc.) Options & derivatives strategies

Fee options

Fixed

Flat fee between $1,000 and $5,000 for financial planning

Percentage

$0 - $100,000: 1.50% annually $100,001 - $500,000: 1.25% annually $500,001 - $1,000,000: 1.00% annually $1,000,001+: 0.75% annually

Project-based

$175 per hour for financial planning

Other

Fee-only: Hourly fee of $175 per hour; Fixed fee between $1,000 and $5,000 for financial planning

Main office location

Cedar Spring Advisors, LLC

Lancaster PA, United States

Number of offices

3

Most active in

Florida · Kentucky · Maryland · Michigan · New Hampshire · New Jersey · Pennsylvania · Texas · Virginia

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Robert R

ChFC®

Lancaster, PA

Cedar Spring Advisors, LLC

Robert Rago is a ChFC® credentialed financial advisor with three years of industry experience, currently practicing at Cedar Spring Advisors, LLC. Prior to his advisory career, he worked in various roles including at Ferrera Candy Company and Kellogg Company. He also owns and operates Rago Financial, a business focused on insurance and consulting services. Cedar Spring Advisors serves individual and high-net-worth clients as well as charitable organizations, providing discretionary and non-discretionary portfolio management alongside financial planning and consulting. The firm employs a tailored investment approach that incorporates fundamental analysis, various strategies including options, and third-party managed solutions, overseeing approximately $169 million in assets across nearly 284 client relationships.

Retirement income strategy Divorce financial planning College savings (529s, UTMA, etc.) Options & derivatives strategies
user avatar

Michelle F

CFP®, Series 63, Series 65

Lancaster, PA

Cedar Spring Advisors, LLC

Michelle Fletcher is a CFP®-certified financial advisor with 33 years of industry experience. She has worked at Cedar Spring Advisors, LLC since 2017 and has been involved with Fletch Financial since 2011. Prior to that, she spent a decade at INVEST Financial Corporation. Cedar Spring Advisors serves individual and high-net-worth clients as well as charitable organizations, providing portfolio management and financial planning services tailored to client goals and risk tolerance through a variety of investment strategies and third-party managed solutions.

Retirement income strategy Divorce financial planning College savings (529s, UTMA, etc.) Options & derivatives strategies
user avatar

Justin M

CFP®, ChFC®, Series 66

Lancaster, PA

Cedar Spring Advisors, LLC

Justin McMaster is a financial advisor at Cedar Spring Advisors, LLC with 14 years of industry experience. He holds the CFP® and ChFC® designations and has worked at Cedar Spring Advisors since 2017. He is also the owner of McMaster Financial Services, LLC, which provides financial investment services, small business consulting, tax preparation, and insurance. Cedar Spring Advisors serves individual and high-net-worth clients as well as charitable organizations, offering discretionary and non-discretionary portfolio management alongside financial planning and consulting. The firm customizes investment programs based on client goals and risk tolerance, employing a range of strategies and utilizing third-party managed solutions.

Retirement income strategy Divorce financial planning College savings (529s, UTMA, etc.) Options & derivatives strategies
user avatar

Brendon W

CFP®, Series 65

Ellicott City, MD

Cedar Spring Advisors, LLC

Brendon Worst is a CFP® with four years of industry experience, currently serving at Cedar Spring Advisors, LLC. He has previously worked at Northrop Grumman and Freshly, Inc., and holds a Series 65 license. He is also involved with Halcyon Financial as an insurance agent. Cedar Spring Advisors serves individual and high-net-worth clients as well as charitable organizations, providing discretionary and non-discretionary portfolio management alongside financial planning and consulting. The firm manages approximately $169 million in assets and employs a range of investment strategies tailored to client goals and risk tolerance.

Retirement income strategy Divorce financial planning College savings (529s, UTMA, etc.) Options & derivatives strategies
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