{"url":"https://nivawealth.com/firms/spearhead-administrative-services-319289","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/319289","regulatoryAum":3827929709,"crd":"319289","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2840109","suffix":"Jr","lastName":"Foley","firstName":"Kenneth","middleName":"Eugene"},{"crd":"6858418","suffix":null,"lastName":"Kentimenos","firstName":"Christopher","middleName":null},{"crd":"3093693","suffix":null,"lastName":"Kest","firstName":"Alyson","middleName":"Renee"},{"crd":"5169938","suffix":null,"lastName":"Reynolds","firstName":"David","middleName":"Cook"},{"crd":"6802236","suffix":null,"lastName":"Walsh","firstName":"Patrick","middleName":"Edward"}],"total":5,"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":"2022-07-29","regulatoryAum":460110357,"clients":8,"employees":7,"offices":4},{"filedOn":"2023-04-12","regulatoryAum":566561835,"clients":10,"employees":7,"offices":4},{"filedOn":"2024-07-09","regulatoryAum":1215303747,"clients":15,"employees":9,"offices":4},{"filedOn":"2025-07-31","regulatoryAum":2156059612,"clients":19,"employees":9,"offices":4},{"filedOn":"2026-08-28","regulatoryAum":3827929709,"clients":28,"employees":9,"offices":4}],"secFileNumber":"801-123610","legalName":"Spearhead Administrative Services, LLC","displayName":"Spearhead Administrative Services","slug":"spearhead-administrative-services-319289","website":"https://spearheadadmin.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/319289/2da9d825246ebbde-r1.webp","tone":"light","width":839,"height":200,"sourceUrl":"https://spearheadadmin.com/","sourceLabel":"Spearhead Administrative Services, LLC, website"},"classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_private_markets_manager","typeLabel":"Private markets","feeDisclosure":"payment_only"},"linkedinUrl":"http://www.linkedin.com/company/spearhead-administrative-services","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"3828 Kennett Pike, Suite 202","city":"Greenville","state":"DE","stateName":"Delaware","country":"United States","postalCode":"19807"},"tradeNames":[],"registration":{"secApproved":"1 April 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":9,"advisory":3,"brokerDealerReps":4,"insuranceAgents":2,"promoters":1},"aum":{"regulatory":3827929709,"discretionary":3827929709,"discretionaryAccounts":813,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":17,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":22,"regulatoryAum":1623364836},{"label":"Insurance companies","clients":6,"regulatoryAum":2204564873}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":787282492},{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smith, RI","smaAssets":419664349}],"custodyNote":"Spearhead Administrative Services has custody of $1.62B in client assets for 22 clients.","otherCustodians":[],"leadership":[{"name":"Kenneth Foley","title":"CEO","crd":"2840109"},{"name":"Alyson Kest","title":"CCO","crd":"3093693"},{"name":"Patrick Walsh","title":"COO","crd":"6802236"}],"ownership":[{"label":"Spearhead Strategic Partners, LLC","detail":"Owner in the 50% to 75% ownership band and a control person, since August 2021."},{"label":"Fieldstone II, LLC","detail":"Owner in the 25% to 50% ownership band and a control person, since June 2022."},{"label":"Whitlow, LLC","detail":"Owner in the 10% to 25% ownership band, since December 2023."},{"label":"Abstrum Partners, LLC","detail":"Indirect owner: a owner of Spearhead Strategic Partners, LLC in the 50% to 75% band and a control person, since January 2013.","parent":"Spearhead Strategic Partners, LLC"},{"label":"Jarrett Bostwick","detail":"Indirect owner: a managing member of Abstrum Partners, LLC in the 75% or more band and a control person, since January 2013. Also elected manager of Spearhead Strategic Partners, LLC and a control person, since January 2013.","parent":"Abstrum Partners, LLC"},{"label":"Todd Walters","detail":"Indirect owner: a owner of Spearhead Strategic Partners, LLC in the 50% to 75% band and a control person, since December 2024. Also elected manager of Spearhead Strategic Partners, LLC and a control person, since January 2013.","parent":"Spearhead Strategic Partners, LLC"},{"label":"Colleen Shapiro","detail":"Indirect owner: a managing member of Fieldstone II, LLC in the 50% to 75% band and a control person, since May 2011.","parent":"Fieldstone II, LLC"},{"label":"Gary Shapiro","detail":"Indirect owner: a managing member of Fieldstone II, LLC in the 50% to 75% band and a control person, since May 2011.","parent":"Fieldstone II, LLC"},{"label":"Kenneth Foley","detail":"Indirect owner: a managing member of Whitlow, LLC in the 75% or more band and a control person, since September 2023.","parent":"Whitlow, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":3,"privateResidences":3},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Delaware","offices":1,"addresses":[{"street":"3828 Kennett Pike, Suite 202","city":"Greenville","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"855-615-5318","stateRegisteredReps":5,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":10},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":2},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":31},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":45},{"label":"Cash and cash equivalents","percent":9}],"privateFunds":25},"sources":{"adv1FilingDate":"28 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/319289/PDF/319289.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Spearhead Administrative Services have?","answer":"Spearhead Administrative Services has 28 clients and manages $3.83 billion for them, as of August 2026. They include 22 pooled investment vehicles and 6 insurance companies.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 28 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Spearhead Administrative Services offer?","answer":"Spearhead Administrative Services provides portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.","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 Spearhead Administrative Services use?","answer":"Spearhead Administrative Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $787M and Fidelity Brokerage Services LLC (Smith, RI), with $420M. 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 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Spearhead Administrative Services have?","answer":"Spearhead Administrative Services has 5 investment adviser representatives registered with state securities authorities, out of 9 employees, and 3 perform investment advisory functions. 4 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Spearhead Administrative Services invest in?","answer":"At the end of its last fiscal year, Spearhead Administrative Services’ separately managed accounts held 45% pooled vehicles (private funds and similar), 31% registered funds (mutual funds, ETFs, BDCs), 10% exchange-traded equities, 9% cash and equivalents, 2% investment grade corporate bonds, 1% U.S. government and agency bonds, 1% state and local bonds and 1% high-yield corporate bonds. It advises 25 private funds.","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 Spearhead Administrative Services?","answer":"Spearhead Administrative Services is owned through a chain of holding companies by Jarrett Bostwick, Todd Walters, Colleen and Gary Shapiro, and Kenneth Foley. Its direct owners are Spearhead Strategic Partners, LLC (50% to 75%), Fieldstone II, LLC (25% to 50%) and Whitlow, LLC (10% to 25%).","source":"Form ADV Part 1A, Schedules A and B, filed 28 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Spearhead Administrative Services get paid?","answer":"Spearhead Administrative Services is paid through a percentage of assets under management, fixed fees 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"}},{"question":"How do I contact Spearhead Administrative Services?","answer":"Spearhead Administrative Services’ main office is at 3828 Kennett Pike, Suite 202, Greenville, DE 19807. Its phone number is 855-615-5318. Its website is spearheadadmin.com.","source":"Form ADV Part 1A, Item 1.F, filed 28 August 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."}