{"url":"https://nivawealth.com/firms/spectra-investment-management-288145","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/288145","regulatoryAum":306845292,"crd":"288145","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6773684","suffix":null,"lastName":"Roads","firstName":"Scott","middleName":"Alan"},{"crd":"8276101","suffix":null,"lastName":"White","firstName":"Micah","middleName":"Cameron"}],"total":2,"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":"2021-05-03","regulatoryAum":116179126,"clients":21,"employees":3,"offices":2},{"filedOn":"2022-03-28","regulatoryAum":173466338,"clients":27,"employees":2,"offices":2},{"filedOn":"2023-03-28","regulatoryAum":192206618,"clients":30,"employees":2,"offices":2},{"filedOn":"2024-03-26","regulatoryAum":219978600,"clients":32,"employees":3,"offices":2},{"filedOn":"2025-03-25","regulatoryAum":243712584,"clients":33,"employees":3,"offices":2},{"filedOn":"2026-03-23","regulatoryAum":306845292,"clients":49,"employees":3,"offices":2}],"secFileNumber":"801-110258","legalName":"Spectra Investment Management, LLC","displayName":"Spectra Investment Management","slug":"spectra-investment-management-288145","website":"https://spectrainvestment.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/spectrainvestmentmanagementllc/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"401 Se Osceola Street, Suite 202","city":"Stuart","state":"FL","stateName":"Florida","country":"United States","postalCode":"34994"},"tradeNames":[],"registration":{"secApproved":"5 April 2017","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":7614960.285714285,"staff":{"employees":3,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":306845292,"discretionary":291028266,"discretionaryAccounts":114,"nonDiscretionary":15817026,"nonDiscretionaryAccounts":19,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":1},"clientTypes":[{"label":"Individuals (other than HNW)","clients":6,"regulatoryAum":2375592},{"label":"High-net-worth individuals","clients":29,"regulatoryAum":264148018},{"label":"Pension and profit-sharing plans","clients":1,"regulatoryAum":1},{"label":"Charitable organizations","clients":4,"regulatoryAum":21588636},{"label":"Corporations and other businesses","clients":9,"regulatoryAum":18733045}],"feePrograms":[{"role":"main","program":"Portfolio Management Services","feeBasis":"marginal","fee_tiers":[{"to":2000000,"pct":1.25,"from":0},{"to":5000000,"pct":1,"from":2000000},{"to":10000000,"pct":0.75,"from":5000000},{"to":25000000,"pct":0.65,"from":10000000},{"to":null,"pct":0.35,"from":25000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023954","versionId":1023954,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-23","documentName":"SPECTRA INVESTMENT MANAGEMENT, LLC ADV PART 2A BROCHURE","fee_rate_low":0.35,"fee_rate_high":1.25,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Investment Consulting","summary":"Investment consulting is billed on hourly fees, fixed fees or a percentage of assets, negotiated case by case.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023954","versionId":1023954,"submittedOn":"2026-03-23","documentName":"SPECTRA INVESTMENT MANAGEMENT, LLC ADV PART 2A BROCHURE"},{"role":"other","program":"Limited-Scope Financial Planning","summary":"Limited-scope financial planning is a fixed fee equal to the negotiable hourly rate of $500 times the estimated time to complete the project.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023954","versionId":1023954,"submittedOn":"2026-03-23","documentName":"SPECTRA INVESTMENT MANAGEMENT, LLC ADV PART 2A BROCHURE"},{"role":"other","program":"Ongoing Financial Planning Retainer","summary":"Ongoing annual planning and consulting is based on the hourly rate and payable monthly or quarterly.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023954","versionId":1023954,"submittedOn":"2026-03-23","documentName":"SPECTRA INVESTMENT MANAGEMENT, LLC ADV PART 2A BROCHURE"},{"role":"other","program":"Outsourced CIO Services","summary":"Outsourced chief investment officer services carry an agreed fixed annual fee, negotiated case by case.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023954","versionId":1023954,"submittedOn":"2026-03-23","documentName":"SPECTRA INVESTMENT MANAGEMENT, LLC ADV PART 2A BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T15:44:50.374632+00:00","documents":[{"name":"SPECTRA INVESTMENT MANAGEMENT, LLC ADV PART 2A BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023954","versionId":1023954,"submittedOn":"2026-03-23"}]},"custodians":[{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":195739110},{"name":"The Northern Trust Company","shortName":"The Northern Trust","location":"Chicago, IL","smaAssets":101062535}],"custodyNote":"Spectra Investment Management has custody of $56.3M in client assets for 18 clients.","otherCustodians":[],"leadership":[{"name":"Julia Zaino","title":"Member/Chief Compliance Officer","crd":"7069103"},{"name":"Scott Roads","title":"Managing Member","crd":"6773684"}],"ownership":[{"label":"Scott Roads","detail":"Managing member in the 75% or more ownership band and a control person, since March 2017."},{"label":"Julia Zaino","detail":"Member/chief compliance officer in the 10% to 25% ownership band and a control person, since January 2019."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":2,"addresses":[{"street":"401 Se Osceola Street, Suite 202","city":"Stuart","headquarters":true},{"street":"501 Palm St","city":"West Palm Beach"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"772-324-5640","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Other"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":15},{"label":"U.S. government/agency bonds","percent":19},{"label":"U.S. state and local bonds","percent":20},{"label":"Investment grade corporate bonds","percent":3},{"label":"Securities issued by registered investment companies or business development companies","percent":35},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":3},{"label":"Cash and cash equivalents","percent":5}],"privateFunds":0},"sources":{"adv1FilingDate":"23 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/288145/PDF/288145.pdf","brochureDate":"23 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023954","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 Spectra Investment Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Spectra Investment Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Spectra Investment Management charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Spectra Investment Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Spectra Investment Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Spectra Investment Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Spectra Investment Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Spectra Investment Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Spectra Investment Management?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 23 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."}