Spark Financial Advisors provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 11–25 clients last fiscal year.
Spark Financial Advisors reports 164 clients. They include 120 individual clients and 44 high-net-worth individuals. Of its assets, 100.0% ($147M across 624 accounts) are managed with discretion. It advised 9 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 73% | 34% |
| High-net-worth individuals | 27% | 66% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 120 | $50.5M | 34.3% | $421K |
| High-net-worth individuals | 44 | $96.6M | 65.7% | $2.2M |
| Total | 164 | $147M | 100% | $897K |
- Clients
- 120
- Regulatory AUM
- $50.5M
- AUM share
- 34.3%
- Avg. per client
- $421K
- Clients
- 44
- Regulatory AUM
- $96.6M
- AUM share
- 65.7%
- Avg. per client
- $2.2M
Total
- Clients
- 164
- Regulatory AUM
- $147M
- AUM share
- 100%
- Avg. per client
- $897K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 9
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
Spark Financial Advisors is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees) and other compensation. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 4 other services, listed under fee details.
Fee details and sources
Other fees
- Comprehensive Financial Planning
- Comprehensive financial planning has an upfront charge of $0 to $6,000 plus an ongoing fee of $0 to $3,000 per month, depending on complexity.
- Employee Benefit Plan Services
- Employee benefit plan services are billed 0.50% of plan assets up to $3,000,000, then on a stepped schedule down to 0.10% above $10,000,001, with a $3,000 minimum annual fee for new plan sponsors.
- Hourly Financial Planning
- Hourly financial planning is billed at $300 per hour, due at the completion of the engagement.
- Outsourced Financial Planning
- Outsourced financial planning has a monthly minimum of $2,000 to $5,000 paid in advance, plus $300 per hour for work above that minimum.
Lauren Zangardi Haynes owns 75% or more of Spark Financial Advisors. It has 7 employees, 4 of them in advisory roles.
Staff
- 7 employees
- 4 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Spark Financial Advisors, LLC
Lauren Zangardi Haynes
Control person · since April 2018
Spark Financial Advisors’ regulatory assets grew from $116M (April 2025) to $147M (March 2026); clients rose from 150 to 164 and employees from 5 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $147M | 164 | 7 | 2 |
| Apr 2025April 2025 | $116M | 150 | 5 | 2 |
Besides its headquarters, Spark Financial Advisors has 1 office, with 2 listed addresses in 1 state.
Virginia · 2 listed addresses
- 7130 Glen Forest Drive, Suite 110, RichmondHQ
- 1 Fords Colony Drive, Williamsburg
Contact and registration details
- Legal name
- Spark Financial Advisors, LLC
- Headquarters
- 7130 Glen Forest Drive, Suite 110, Richmond, VA 23226
- Website
- sparkfinancialadvisors.com
- Phone
- 804-451-1210
- @spark-financial-advisors
- SEC file
- 801-132555
- Structure
- Virginia LLC
- Fiscal year end
- December
Spark Financial Advisors’ named custodians for separately managed accounts are Fidelity ($74.7M, 51%), Altruist ($46.6M, 32%) and Charles Schwab ($24.1M, 17%). Spark Financial Advisors does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · West Lake, TX · $24.1M17%
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $74.7M51%
- AltruistAltruist Financial LLC · Culver City, CA · $46.6M32%
At year end, Spark Financial Advisors’ separately managed accounts were mostly in funds (96%).
What the accounts hold
- Stocks3%
- Funds96%
- Cash1%
How many clients does Spark Financial Advisors have?
Spark Financial Advisors has 164 clients and manages $147 million for them, as of March 2026. They include 120 individual clients and 44 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 March 2026
What services does Spark Financial Advisors offer?
Spark Financial Advisors provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Spark Financial Advisors use?
Spark Financial Advisors’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $74.7M, Altruist Financial LLC (Culver City, CA), with $46.6M and Charles Schwab & Co., Inc. (West Lake, TX), with $24.1M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 March 2026
How many financial advisors does Spark Financial Advisors have?
Spark Financial Advisors has 3 investment adviser representatives registered with state securities authorities, out of 7 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 Spark Financial Advisors invest in?
At the end of its last fiscal year, Spark Financial Advisors’ separately managed accounts held 96% registered funds (mutual funds, ETFs, BDCs), 3% exchange-traded equities 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 Spark Financial Advisors?
Spark Financial Advisors’ direct owner is Lauren Zangardi Haynes (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 17 March 2026
How does Spark Financial Advisors get paid?
Spark Financial Advisors is paid through a percentage of assets under management, hourly charges, fixed fees and other compensation. 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 Spark Financial Advisors?
Spark Financial Advisors’ main office is at 7130 Glen Forest Drive, Suite 110, Richmond, VA 23226. Its phone number is 804-451-1210. Its website is sparkfinancialadvisors.com.
