{"url":"https://nivawealth.com/firms/spark-financial-advisors-296914","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/296914","regulatoryAum":147096626,"crd":"296914","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4695747","suffix":null,"lastName":"GRASON","firstName":"SUZANNE","middleName":"ALEXIS"},{"crd":"6816719","suffix":null,"lastName":"ORELLANA","firstName":"MICHELLE","middleName":null},{"crd":"6185087","suffix":null,"lastName":"ZANGARDI HAYNES","firstName":"LAUREN","middleName":"KATHLEEN"}],"total":3,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2025-04-11","regulatoryAum":115811162,"clients":150,"employees":5,"offices":2},{"filedOn":"2026-03-17","regulatoryAum":147096626,"clients":164,"employees":7,"offices":2}],"secFileNumber":"801-132555","legalName":"Spark Financial Advisors, LLC","displayName":"Spark Financial Advisors","slug":"spark-financial-advisors-296914","website":"https://sparkfinancialadvisors.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/296914/4a3f20f9b957c3a2-r1.webp","tone":"light","width":977,"height":200,"sourceUrl":"https://sparkfinancialadvisors.com/","sourceLabel":"Spark Financial Advisors, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/spark-financial-advisors/","founded":null,"organization":"Virginia limited liability company","fiscalYearEnd":"December","headquarters":{"street":"7130 Glen Forest Drive, Suite 110","city":"Richmond","state":"VA","stateName":"Virginia","country":"United States","postalCode":"23226"},"tradeNames":[],"registration":{"secApproved":"28 April 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":896930.6463414634,"staff":{"employees":7,"advisory":4,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":147096626,"discretionary":147096626,"discretionaryAccounts":624,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":9},"clientTypes":[{"label":"Individuals (other than HNW)","clients":120,"regulatoryAum":50465295},{"label":"High-net-worth individuals","clients":44,"regulatoryAum":96631331}],"feePrograms":[{"role":"other","program":"Comprehensive Financial Planning","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020419","versionId":1020419,"submittedOn":"2026-03-17","documentName":"SPARK FINANCIAL ADVISORS FORM ADV PART 2A"},{"role":"other","program":"Employee Benefit Plan Services","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020419","versionId":1020419,"submittedOn":"2026-03-17","documentName":"SPARK FINANCIAL ADVISORS FORM ADV PART 2A"},{"role":"other","program":"Hourly Financial Planning","summary":"Hourly financial planning is billed at $300 per hour, due at the completion of the engagement.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020419","versionId":1020419,"submittedOn":"2026-03-17","documentName":"SPARK FINANCIAL ADVISORS FORM ADV PART 2A"},{"role":"other","program":"Outsourced Financial Planning","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020419","versionId":1020419,"submittedOn":"2026-03-17","documentName":"SPARK FINANCIAL ADVISORS FORM ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T16:03:10.766661+00:00","documents":[{"name":"SPARK FINANCIAL ADVISORS FORM ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020419","versionId":1020419,"submittedOn":"2026-03-17"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"West Lake, TX","smaAssets":24103223},{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":74700955},{"name":"Altruist Financial LLC","shortName":"Altruist","location":"Culver City, CA","smaAssets":46560690}],"custodyNote":"Spark Financial Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Lauren Zangardi Haynes","title":"Principal and CCO","crd":"6185087"}],"ownership":[{"label":"Lauren Zangardi Haynes","detail":"Principal and cco in the 75% or more ownership band and a control person, since April 2018."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Virginia","offices":2,"addresses":[{"street":"7130 Glen Forest Drive, Suite 110","city":"Richmond","headquarters":true},{"street":"1 Fords Colony Drive","city":"Williamsburg"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"804-451-1210","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Other"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"11-25","assetMix":[{"label":"Exchange-traded equity securities","percent":3},{"label":"Securities issued by registered investment companies or business development companies","percent":96},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"17 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/296914/PDF/296914.pdf","brochureDate":"17 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020419","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Spark Financial Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Spark Financial Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Spark Financial Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Spark Financial Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Spark Financial Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Spark Financial Advisors?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Spark Financial Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Spark Financial Advisors?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 17 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}