Spectra Investment Management, LLC (Stuart)

Name: Spectra Investment Management, LLC
Address: 401 Se Osceola Street, Stuart, FL, 34994
Telephone: (772) 324-5640

Spectra Investment Management, LLC is a large advisory firm based in Stuart. It manages $102.17 million of regulatory assets for 74 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Florida.

Spectra Investment Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and family office services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Spectra Investment Management: assets under management

The assets under management (AUM) of Spectra Investment Management, LLC is $102.17 million. The firm's AUM has grown by 1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $95.57 million in discretionary accounts and $6.6 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.41 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.1 million.

Spectra Investment Management has custody of $32.88 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 37% of the total AUM. The second-largest asset type is state and local bonds, which make up 29% of the firm’s portfolio. Investments in pooled investment vehicles form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Spectra Investment Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Spectra Investment Management serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Spectra Investment Management is high net worth individuals with 13 clients and $100.75 million of assets under management. Among the 7 most similar advisory firms, Spectra Investment Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $102.17 million for 19 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Spectra Investment Management doesn't advise any private funds.

Careers at Spectra Investment Management, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Scott Alan Roads	Managing member/chief compliance officer	1 Mar 2017	75% - 100%	6773684
Anthony Gaetano Lanza	Member	1 May 2017	Other	6799852

Based in Stuart

The principal office where Spectra Investment Management, LLC performs its advisory services is located at 401 Se Osceola Street, Stuart, FL 34994, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (772) 324-5640. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at spectrainvestment.com/.