{"url":"https://nivawealth.com/firms/sparx-asset-management-134747","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/134747","regulatoryAum":11713911895,"crd":"134747","secFileNumber":"801-64550","legalName":"Sparx Asset Management Co., LTD.","displayName":"Sparx Asset Management","website":null,"founded":null,"organization":"corporation organized in Japan","fiscalYearEnd":"March","headquarters":{"street":"Shinagawa Season Terrace 6th Floor,, 1-2-70,konan, Minato-Ku","city":"Tokyo","state":"","stateName":"","country":"Japan","postalCode":"108-0075"},"tradeNames":[],"registration":{"secApproved":"16 August 2005","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":145,"advisory":35,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":11129928967,"discretionaryAccounts":89,"nonDiscretionary":583982928,"nonDiscretionaryAccounts":9,"wrapProgram":null,"nonUsClientsPct":92,"nonAumClients":0},"clientTypes":[{"label":"Investment companies","clients":2,"regulatoryAum":524694471},{"label":"Pooled investment vehicles","clients":69,"regulatoryAum":7604050537},{"label":"Pension and profit-sharing plans","clients":15,"regulatoryAum":295968064},{"label":"State or municipal government entities","clients":2,"regulatoryAum":2682821993},{"label":"Corporations and other businesses","clients":1,"regulatoryAum":22393902},{"label":"Other","clients":9,"regulatoryAum":583982928}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Citibank N.A.","shortName":"Citibank N.A.","location":"Ny, NY","smaAssets":2682821993}],"custodyNote":"Sparx Asset Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Shuhei Abe","title":"President and Chief Executive Officer","crd":"1030957"},{"name":"Yusuke Inoue","title":"Chief Compliance Officer","crd":"6976251"},{"name":"Takaki Demichi","title":"Director","crd":"8110987"},{"name":"Hiroshi Minematsu","title":"Director","crd":"6350107"},{"name":"Takeshi Suzuki","title":"Director","crd":"8110985"},{"name":"Takahide Taniwaki","title":"Director","crd":"8110988"}],"ownership":[{"label":"Sparx Group Co., LTD.","detail":"Sole shareholder in the 75% or more ownership band and a control person, since April 2006."},{"label":"Shuhei Abe","detail":"Indirect owner: a shareholder of Sparx Group Co., LTD. in the 25% to 50% band and a control person, since June 1989.","parent":"Sparx Group Co., LTD."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"81367119200","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":93},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":4},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"8 June 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/134747/PDF/134747.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Sparx Asset Management have?","answer":"Sparx Asset Management has 98 clients and manages $11.7 billion for them, as of June 2026. They include 69 pooled investment vehicles, 15 pension and profit-sharing plans and 9 other clients.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 8 June 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Sparx Asset Management offer?","answer":"Sparx Asset Management provides portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions.","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 Sparx Asset Management use?","answer":"Sparx Asset Management’s separately managed account assets are held at Citibank N.A. (Ny, NY), with $2,682,821,993. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 8 June 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Sparx Asset Management have?","answer":"Sparx Asset Management has 0 investment adviser representatives registered with state securities authorities, out of 145 employees, and 35 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 Sparx Asset Management invest in?","answer":"At the end of its last fiscal year, Sparx Asset Management’s separately managed accounts held 93% exchange-traded equities, 4% pooled vehicles (private funds and similar) and 3% cash and equivalents. It advises no private funds of its own.","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 Sparx Asset Management?","answer":"Sparx Asset Management is owned through a holding company by Shuhei Abe. Its direct owner is Sparx Group Co., LTD. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 8 June 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Sparx Asset Management get paid?","answer":"Sparx Asset Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions 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"}}],"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 Wealth 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."}