Springreef LLC

Updated today

Find your advisor

Client assets under management

Clients

100% high-net worth

Advisors

of 2 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

Very Low

Average account size

About

SpringReef LLC works with high net worth families and large nonprofit organizations and generally requires prospective clients to meet its stated investable-asset threshold. The firm provides independent, consultancy-style services including comprehensive financial-advisor evaluations, searches for outside advisors, ongoing monitoring of advisor relationships, and client-specific project consulting.

The firm does not manage client assets or provide discretionary portfolio management or ongoing investment selection; instead it evaluates, coordinates with, and monitors external advisors on behalf of clients. SpringReef’s due-diligence process scores advisors on a 50-point scale across six qualitative and quantitative dimensions, verifies licensing and regulatory history, and can deliver periodic written reviews when engaged for ongoing oversight.

Unlike many peers that provide portfolio management and commonly charge percentage-of-AUM fees, SpringReef is compensated by clients through hourly or fixed-fee arrangements and does not accept payments from the advisors it evaluates. The firm is a small, founder-led boutique with a concentrated team of two registered advisors, uses a documented 40/50 minimum score threshold to qualify recommended advisors, and discloses and addresses the potential conflict that can arise when evaluating a client’s incumbent advisor.

Client services

Selection of other advisers

Ongoing review of financial advisor performance on behalf of clients, and general wealth management consulting

Expertise

Wealth management

Occupation focus

Founder/Business Owner

Fee options

Fixed

Fixed annual fees may be charged for long-term, ongoing engagements; fees are negotiated and disclosed in service agreements

Project-based

Standard hourly rates: $950 per hour for lead consultant work, $350 per hour for supporting staff

Other

Account minimum: $50,000,000 Minimum fee: Minimum fee for any client engagement is $10,000 Fee-only: Hourly rates of $950 per hour for lead consultant work and $350 per hour for supporting staff; fixed fees negotiated for long-term engagements

Main office location

Springreef LLC

Chatham NJ, United States

Number of offices

Most active in

California · District of Columbia · Florida · Louisiana · Maryland · Nevada · New Jersey · New York · Texas · Virginia

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure

Quick links

LinkedIn Website 973-577-3184

Advisors at this firm

Douglas B

Series 63, Series 65

Chatham, NJ

Springreef LLC

Douglas Black is the sole advisor at Springreef LLC in Chatham, NJ, holding Series 63 and Series 65 licenses with 23 years of industry experience. He has been with Springreef since 2010. Springreef serves high net worth families and large nonprofit organizations by providing independent consulting services focused on financial advisor evaluations, searches, and ongoing monitoring rather than managing client assets. The firm employs a structured due-diligence process using a 50-point scoring scale to assess advisors and operates on hourly or fixed-fee arrangements, avoiding asset-based compensation.

Wealth management Founder/Business Owner

Anna B

Series 66

Chatham, NJ

Springreef LLC

Anna Bronstein is a financial advisor at Springreef LLC with 15 years of industry experience. She holds the Series 66 designation and has been with Springreef since 2011. Springreef serves high net worth families and large nonprofit organizations by providing independent consulting services focused on financial advisor evaluations, searches, and ongoing monitoring. The firm emphasizes a structured due-diligence process and does not manage client assets or offer financial planning, instead operating on hourly or fixed-fee arrangements.

Wealth management Founder/Business Owner

Not sure where to start?

We'll help you think it through – whether you ultimately need an advisor or not.

Call (201) 292-4557

Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.

For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.

By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev

Find the right match for you

Answer a few quick questions and we'll tailor results to your goals, so you can hire smarter.

Find your advisor

A smarter way to hire an advisor

Compare and choose confidently

Warmer combines best-in-class advisor data with guidance to help you clarify what you need, understand why an advisor may—or may not—fit, and move forward with confidence.

How Warmer works

Thoughtfully vetted, clearly explained

We review rigorously and transparently

Get to know your advisors' credentials, disciplinary history, specialization, client fit, and communication style. We're selective about who we recommend—and tell you why we think someone fits your situation.

Our methodology

Always free and always on your side

Free. Confidence that lasts

We help you book free consultations with your matches. You only pay an advisor if you decide to hire them. And our support doesn't end with an introduction—we're here to make sure the relationship works for you—and if not, to navigate next steps with clarity.

Our ongoing support