Red Spruce Capital provides portfolio management for individuals and small businesses.
Red Spruce Capital reports 143 clients. They include 79 individual clients and 64 high-net-worth individuals. Of its assets, 100.0% ($257M across 316 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 55% | 10% |
| High-net-worth individuals | 45% | 90% |
| Charitable organizations | 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) | 79 | $26.3M | 10.3% | $334K |
| High-net-worth individuals | 64 | $230M | 89.7% | $3.6M |
| Charitable organizations | Fewer than 5 | $99.4K | 0.0% | — |
| Total | 143 | $257M | 100% | — |
- Clients
- 79
- Regulatory AUM
- $26.3M
- AUM share
- 10.3%
- Avg. per client
- $334K
- Clients
- 64
- Regulatory AUM
- $230M
- AUM share
- 89.7%
- Avg. per client
- $3.6M
- Clients
- Fewer than 5
- Regulatory AUM
- $99.4K
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 143
- Regulatory AUM
- $257M
- 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
Red Spruce Capital charges 1.00% a year for its Portfolio Management Services. The fee is billed in advance and is negotiable.
Fee details and sources
Mark Vasquez owns 50% to 75% of Red Spruce Capital. The leadership team of Red Spruce Capital includes Chief Compliance Officer Mark Vasquez. It has 4 employees.
Staff
- 4 employees
- 4 in advisory functions
- 4 state-registered reps
- Owns 50% to 75% of Red Spruce Capital, LLC
Mark Vasquez
Control person · since June 2011
- Owns 50% to 75% of Red Spruce Capital, LLC
Amish Desai
Control person · since June 2011
Red Spruce Capital’s regulatory assets grew 1.7× from $150M (January 2021) to $257M (February 2026); clients rose from 123 to 143 and employees were 4 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Feb 2026February 2026 | $257M | 143 | 4 | 1 |
| Feb 2025February 2025 | $232M | 151 | 4 | 1 |
| Jan 2024January 2024 | $201M | 148 | 4 | 1 |
| Jan 2023January 2023 | $168M | 145 | 5 | 1 |
| Jun 2022June 2022 | $191M | 133 | 4 | 1 |
| Jan 2021January 2021 | $150M | 123 | 4 | 1 |
Besides its headquarters, Red Spruce Capital has 0 offices, with 1 listed address in 1 state.
Pennsylvania · 1 listed address
- 1055 Westlakes Drive, Suite 300, BerwynHQ
Contact and registration details
- Legal name
- Red Spruce Capital, LLC
- Headquarters
- 1055 Westlakes Drive, Suite 300, Berwyn, PA 19312
- Website
- redsprucecapital.com
- Phone
- 610-727-4270
- @red-spruce-capital
- SEC file
- 801-113984
- Founded
- 2011
- Structure
- Pennsylvania LLC
- Fiscal year end
- December
Red Spruce Capital’s named custodian for separately managed accounts is Altruist ($257M). Red Spruce Capital does not have custody of client assets.
- AltruistAltruist Financial LLC · Culver City, CA · $257M100%
At year end, Red Spruce Capital’s separately managed accounts were mostly in stocks (84%) and funds (15%). Its reported 13F holdings for the quarter ended 30 June 2026 total $287M across 94 positions; the largest are Alphabet Inc.. - Class A Common Stock (6.8%), Applied Materials, Inc.. - Common Stock (4.6%) and Abbvie Inc.. Common Stock (3.9%).
What the accounts hold
- Stocks84%
- Funds15%
- Cash1%
How many clients does Red Spruce Capital have?
Red Spruce Capital has 143 clients and manages $257 million for them, as of February 2026. They include 79 individual clients and 64 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 February 2026
What services does Red Spruce Capital offer?
Red Spruce Capital provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Red Spruce Capital charge?
Red Spruce Capital charges 1.00% a year for its Portfolio Management Services. The fee is billed in advance and is negotiable.
Which custodians does Red Spruce Capital use?
Red Spruce Capital’s separately managed account assets are held at Altruist Financial LLC (Culver City, CA), with $257M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 February 2026
How many financial advisors does Red Spruce Capital have?
Red Spruce Capital has 4 investment adviser representatives registered with state securities authorities, out of 4 employees, and 4 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Red Spruce Capital invest in?
At the end of its last fiscal year, Red Spruce Capital’s separately managed accounts held 84% exchange-traded equities, 15% registered funds (mutual funds, ETFs, BDCs) and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Red Spruce Capital?
Red Spruce Capital’s direct owners are Mark Vasquez (50% to 75%) and Amish Desai (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 20 February 2026
How does Red Spruce Capital get paid?
Red Spruce Capital is paid through a percentage of assets under management. 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
How do I contact Red Spruce Capital?
Red Spruce Capital’s main office is at 1055 Westlakes Drive, Suite 300, Berwyn, PA 19312. Its phone number is 610-727-4270. Its website is redsprucecapital.com.