Spectra Investment Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.
Spectra Investment Management reports 49 clients. They include 29 high-net-worth individuals, 9 corporations and other businesses, and 6 individual clients. Of its assets, 94.8% ($291M across 114 accounts) are managed with discretion; $15.8M across 19 accounts are not. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 12% | <1% |
| High-net-worth individuals | 59% | 86% |
| Pension and profit-sharing plans | 2% | <1% |
| Charitable organizations | 8% | 7% |
| Corporations and other businesses | 18% | 6% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 6 | $2.38M | 0.8% | $396K |
| High-net-worth individuals | 29 | $264M | 86.1% | $9.11M |
| Pension and profit-sharing plans | 1 | $1 | 0.0% | $1 |
| Charitable organizations | 4 | $21.6M | 7.0% | $5.4M |
| Corporations and other businesses | 9 | $18.7M | 6.1% | $2.08M |
| Total | 49 | $307M | 100% | $6.26M |
- Clients
- 6
- Regulatory AUM
- $2.38M
- AUM share
- 0.8%
- Avg. per client
- $396K
- Clients
- 29
- Regulatory AUM
- $264M
- AUM share
- 86.1%
- Avg. per client
- $9.11M
- Clients
- 1
- Regulatory AUM
- $1
- AUM share
- 0.0%
- Avg. per client
- $1
- Clients
- 4
- Regulatory AUM
- $21.6M
- AUM share
- 7.0%
- Avg. per client
- $5.4M
- Clients
- 9
- Regulatory AUM
- $18.7M
- AUM share
- 6.1%
- Avg. per client
- $2.08M
Total
- Clients
- 49
- Regulatory AUM
- $307M
- AUM share
- 100%
- Avg. per client
- $6.26M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Spectra Investment Management charges 0.35%–1.25% a year for its Portfolio Management Services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable. The brochure also prices 4 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 1.25% |
| $2M–$5M | 1.00% |
| $5M–$10M | 0.75% |
| $10M–$25M | 0.65% |
| $25M and above | 0.35% |
Fee details and sources
Other fees
- Investment Consulting
- Investment consulting is billed on hourly fees, fixed fees or a percentage of assets, negotiated case by case.
- Limited-Scope Financial Planning
- Limited-scope financial planning is a fixed fee equal to the negotiable hourly rate of $500 times the estimated time to complete the project.
- Ongoing Financial Planning Retainer
- Ongoing annual planning and consulting is based on the hourly rate and payable monthly or quarterly.
- Outsourced CIO Services
- Outsourced chief investment officer services carry an agreed fixed annual fee, negotiated case by case.
Scott Roads owns 75% or more of Spectra Investment Management. The leadership team of Spectra Investment Management includes Chief Compliance Officer Julia Zaino. It has 3 employees.
Leadership
- Julia ZainoMember/Chief Compliance Officer
- Scott RoadsManaging Member
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
- Scott Alan Roads
- Micah Cameron White
Staff
- 3 employees
- 3 in advisory functions
- 1 state-registered rep
- Owns 75% or more of Spectra Investment Management, LLC
Scott Roads
Control person · since March 2017
- Owns 10% to 25% of Spectra Investment Management, LLC
Julia Zaino
Control person · since January 2019
Spectra Investment Management’s regulatory assets grew 2.6× from $116M (May 2021) to $307M (March 2026); clients rose from 21 to 49 and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $307M | 49 | 3 | 2 |
| March 2025 | $244M | 33 | 3 | 2 |
| March 2024 | $220M | 32 | 3 | 2 |
| March 2023 | $192M | 30 | 2 | 2 |
| March 2022 | $173M | 27 | 2 | 2 |
| May 2021 | $116M | 21 | 3 | 2 |
Besides its headquarters, Spectra Investment Management has 1 office, with 2 listed addresses in Florida.
Florida · 2 listed addresses
- 401 Se Osceola Street, Suite 202, StuartHQ
- 501 Palm St, West Palm Beach
Contact and registration details
- Legal name
- Spectra Investment Management, LLC
- Headquarters
- 401 Se Osceola Street, Suite 202, Stuart, FL 34994
- Website
- spectrainvestment.com
- Phone
- 772-324-5640
- @spectrainvestmentmanagementllc
- SEC file
- 801-110258
- Structure
- Delaware LLC
- Fiscal year end
- December
Spectra Investment Management uses Fidelity ($196M, 66%) and The Northern Trust ($101M, 34%) as custodians for its separately managed accounts. Spectra Investment Management has custody of $56.3M in client assets for 18 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $196M66%
- The Northern TrustThe Northern Trust Company · Chicago, IL · $101M34%
At year end, Spectra Investment Management’s separately managed accounts were largely in bonds (42%) and funds (38%).
What the accounts hold
- Stocks15%
- Funds38%
- Registered funds35%
- Pooled vehicles3%
- Bonds42%
- State and local bonds20%
- U.S. government and agency bonds19%
- Investment grade corporate bonds3%
- Cash5%
How many clients does Spectra Investment Management have?
Spectra Investment Management has 49 clients and manages $307 million for them, as of March 2026. They include 29 high-net-worth individuals, 9 corporations and other businesses, and 6 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 March 2026
What services does Spectra Investment Management offer?
Spectra Investment Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Spectra Investment Management charge?
Spectra Investment Management charges 0.35%–1.25% a year for its Portfolio Management Services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
Source: SPECTRA INVESTMENT MANAGEMENT, LLC ADV PART 2A BROCHURE, filed 23 March 2026
Which custodians does Spectra Investment Management use?
Spectra Investment Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $196M and The Northern Trust Company (Chicago, IL), with $101M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 March 2026
How many financial advisors does Spectra Investment Management have?
Spectra Investment Management has 1 investment adviser representative registered with state securities authorities, out of 3 employees, and 3 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 Spectra Investment Management invest in?
At the end of its last fiscal year, Spectra Investment Management’s separately managed accounts held 35% registered funds (mutual funds, ETFs, BDCs), 20% state and local bonds, 19% U.S. government and agency bonds, 15% exchange-traded equities, 5% cash and equivalents, 3% investment grade corporate bonds and 3% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Spectra Investment Management?
Spectra Investment Management’s direct owners are Scott Roads (75% or more) and Julia Zaino (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 23 March 2026
How does Spectra Investment Management get paid?
Spectra Investment Management is paid through a percentage of assets under management, hourly charges and fixed fees. 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 Spectra Investment Management?
Spectra Investment Management’s main office is at 401 Se Osceola Street, Suite 202, Stuart, FL 34994. Its phone number is 772-324-5640. Its website is spectrainvestment.com.