Thurston Springer (Financial Services Holdings) Acquires T.S. Phillips Investments

June 21, 2023

Financial Services Holdings, LLC (parent of Thurston Springer) acquired independent broker-dealer T.S. Phillips Investments and RIA Phillips Capital Advisors, effective April 1, 2023. The deal brings over twenty financial advisors across six branch locations in Oklahoma and New Mexico and roughly $1 billion in client assets to Thurston Springer's national wealth-management platform as it expands into the U.S. Southwest.

Buyers
Financial Services Holdings, LLC, Thurston Springer (Thurston Springer Financial / Thurston Springer Advisors)
Targets
T.S. Phillips Investments, Phillips Capital Advisors
Location
Oklahoma, United States
Transaction Type
Buyout

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