Aspect Partners provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, estate planning, insurance, philanthropic planning, and tax planning.
Aspect Partners reports 287 clients. They include 154 individual clients, 126 high-net-worth individuals, and 7 pension and profit-sharing plans. Of its assets, 98.5% ($412M across 966 accounts) are managed with discretion; $6.42M across 7 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 54% | 10% |
| High-net-worth individuals | 44% | 85% |
| Pension and profit-sharing plans | 2% | 4% |
| Insurance companies | Fewer than 5 | <1% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 154 | $42.5M | 10.2% | $276K |
| High-net-worth individuals | 126 | $354M | 84.7% | $2.81M |
| Pension and profit-sharing plans | 7 | $17.6M | 4.2% | $2.51M |
| Insurance companies | Fewer than 5 | $3.11M | 0.7% | — |
| Corporations and other businesses | Fewer than 5 | $643K | 0.2% | — |
| Total | 287 | $418M | 100% | — |
- Clients
- 154
- Regulatory AUM
- $42.5M
- AUM share
- 10.2%
- Avg. per client
- $276K
- Clients
- 126
- Regulatory AUM
- $354M
- AUM share
- 84.7%
- Avg. per client
- $2.81M
- Clients
- 7
- Regulatory AUM
- $17.6M
- AUM share
- 4.2%
- Avg. per client
- $2.51M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.11M
- AUM share
- 0.7%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $643K
- AUM share
- 0.2%
- Avg. per client
- —
Total
- Clients
- 287
- Regulatory AUM
- $418M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Aspect Partners is paid through a percentage of assets under management and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Financial planning and consulting fees are flat or recurring, with each capped at $100,000, and estate planning documents are billed at up to $5,000.
Bard Malovany owns 75% or more of Aspect Partners. The leadership team of Aspect Partners includes Chief Compliance Officer Lindsey Vardi. It has 8 employees, 5 of them in advisory roles.
Leadership
- Lindsey VardiChief Compliance Officer
Bard MalovanyOwner & Principal
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 8 employees
- 5 in advisory functions
- 5 state-registered reps
- 5 broker-dealer reps
- 2 insurance agents
- Owns 75% or more of Aspect Partners, LLC
Bard Malovany
Control person · since November 2022
Aspect Partners’ regulatory assets grew from $292M (February 2023) to $418M (April 2026); clients fell from 347 to 287 and employees were 8 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $418M | 287 | 8 | 2 |
| March 2025 | $352M | 419 | 8 | 2 |
| April 2024 | $302M | 445 | 8 | 2 |
| February 2023 | $292M | 347 | 8 | 2 |
Besides its headquarters, Aspect Partners has 1 office (1 private residence, listed without an address), with 1 listed address in Virginia.
Virginia · 1 listed address
- 2677 Prosperity Ave, Suite 380, FairfaxHQ
Other business names
Aspect Partners has reported 2 other business names to the SEC.
- Aspect Labs
- Aspect Partners
Contact and registration details
- Legal name
- Aspect Partners, LLC
- Headquarters
- 2677 Prosperity Ave, Suite 380, Fairfax, VA 22031
- Website
- aspect-partners.com
- Phone
- 703-916-8400
- @10319551
- SEC file
- 801-126851
- Founded
- 1999
- Structure
- Virginia LLC
- Fiscal year end
- December
Aspect Partners uses Fidelity ($384M) as custodian for its separately managed accounts. Aspect Partners has custody of $88.5M in client assets for 80 clients.
- FidelityFidelity Institutional · Boston, MA · $384M100%
At year end, Aspect Partners’ separately managed accounts were mostly in funds (83%). Its reported 13F holdings for the quarter ended 30 June 2026 total $268M across 679 positions; the largest are State Street SPDR S&P 500 ETF (16.7%), Vanguard Total Stock Market ETF (10.4%) and iShares Russell 2000 ETF (6.9%).
What the accounts hold
- Stocks1%
- Funds83%
- Bonds6%
- U.S. government and agency bonds5%
- State and local bonds1%
- Cash5%
- Other5%
- Private placements5%
Reported 13F holdings
- $268M
- Reported 13F value
- 679
- Positions
- 64.0%
- In the 10 largest
- +9.6%
- Value vs. prior quarter
- State Street SPDR S&P 500 ETFETF16.7%
- Vanguard Total Stock Market ETFETF10.4%
- iShares Russell 2000 ETFETF6.9%
- iShares Core MSCI Eafe ETFETF6.9%
- iShares Core MSCI Emerging Markets ETFETF5.7%
- Invesco Optimum Yield Diversified Commodity Strategy NO K-1 ETFETF3.9%
- iShares International Treasury Bond ETFETF3.8%
- Alpha Architect 1-3 Month Box ETFETF3.5%
- Return Stacked Global Stocks & Bonds ETFETF3.3%
- Distillate Small/mid Cash Flow ETFETF2.9%
Together, the ten largest are 64.0% of reported value.
How many clients does Aspect Partners have?
Aspect Partners has 287 clients and manages $418 million for them, as of April 2026. They include 154 individual clients, 126 high-net-worth individuals, and 7 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 April 2026
What services does Aspect Partners offer?
Aspect Partners provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, estate planning, insurance, philanthropic planning, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
Which custodians does Aspect Partners use?
Aspect Partners’ separately managed account assets are held at Fidelity Institutional (Boston, MA), with $384M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 April 2026
How many financial advisors does Aspect Partners have?
Aspect Partners has 5 investment adviser representatives registered with state securities authorities, out of 8 employees, and 5 perform investment advisory functions. 5 employees are registered representatives of a broker-dealer and 2 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Aspect Partners invest in?
At the end of its last fiscal year, Aspect Partners’ separately managed accounts held 83% registered funds (mutual funds, ETFs, BDCs), 5% U.S. government and agency bonds, 5% cash and equivalents, 5% other, 1% non-exchange-traded equities and 1% state and local bonds. The 5% other category is described as: Private Placements.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Aspect Partners?
Aspect Partners’ direct owner is Bard Malovany (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 28 April 2026
How does Aspect Partners get paid?
Aspect Partners is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Aspect Partners registered with the SEC?
Yes, Aspect Partners has been registered with the SEC as an investment adviser since 7 November 2022. Its CRD number is 307273 and its SEC file number is 801-126851.
Source: Form ADV Part 1A, Item 1, filed 28 April 2026; IAPD firm record
How do I contact Aspect Partners?
Aspect Partners’ main office is at 2677 Prosperity Ave, Suite 380, Fairfax, VA 22031. Its phone number is 703-916-8400. Its website is aspect-partners.com.