Spectrum Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and educational seminars. Financial planning was provided to 1–10 clients last fiscal year.
Spectrum Advisors reports 308 clients. They include 270 individual clients and 38 high-net-worth individuals. Of its assets, 100.0% ($160M across 890 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 88% | 46% |
| High-net-worth individuals | 12% | 54% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 270 | $74M | 46.3% | $274K |
| High-net-worth individuals | 38 | $86M | 53.8% | $2.26M |
| Total | 308 | $160M | 100% | $519K |
- Clients
- 270
- Regulatory AUM
- $74M
- AUM share
- 46.3%
- Avg. per client
- $274K
- Clients
- 38
- Regulatory AUM
- $86M
- AUM share
- 53.8%
- Avg. per client
- $2.26M
Total
- Clients
- 308
- Regulatory AUM
- $160M
- AUM share
- 100%
- Avg. per client
- $519K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Spectrum Advisors is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Comprehensive financial planning
- Comprehensive written financial plans are a fixed fee, typically $500 to $10,000 per plan, stated before any engagement.
- Financial planning consulting and review
- Planning consulting and review is billed at a negotiable hourly rate of $250, with half paid when the planning contract is agreed.
- Retirement plan investment advice
- Investment advice on qualified retirement plans uses the portfolio fee schedule, with a maximum annual fee of 1.20%, deducted monthly in arrears.
Jon Reppert owns 50% to 75% of Spectrum Advisors. The leadership team of Spectrum Advisors includes President Jon Reppert and Chief Compliance Officer Zachary Norris. It has 9 employees, 5 of them in advisory roles.
Staff
- 9 employees
- 5 in advisory functions
- 5 state-registered reps
- 2 insurance agents
- Owns 50% to 75% of Spectrum Advisors, Inc.
Jon Reppert
Control person · since May 1996
- Owns 25% to 50% of Spectrum Advisors, Inc.
David Faulkner
since March 2021
Spectrum Advisors’ regulatory assets grew from $110M (June 2022) to $160M (September 2026); clients rose from 278 to 308 and employees from 7 to 9.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $160M | 308 | 9 | 5 |
| Mar 2025March 2025 | $149M | 340 | 9 | 5 |
| May 2024May 2024 | $127M | 250 | 7 | 3 |
| Mar 2023March 2023 | $118M | 290 | 7 | 3 |
| Jun 2022June 2022 | $110M | 278 | 7 | 3 |
Besides its headquarters, Spectrum Advisors has 4 offices, with 5 listed addresses across 2 states.
Texas · 4 listed addresses
- 2805 Dallas Parkway, Ste 200, PlanoHQ
- 5444 Westheimer RD. Uptown, Houston
- 825 Watters Creek BLVD. Ste 250, Allen
- 2000 E. Lamar, Suite 600, Arlington
Colorado · 1 listed address
- 501 S Cherry St. Suite 1100, Denver
Contact and registration details
- Legal name
- Spectrum Advisors, Inc.
- Headquarters
- 2805 Dallas Parkway, Ste 200, Plano, TX 75093
- Website
- spectrumadvisors.net
- Phone
- 972-931-3700
- @spectrum-advisors-dallas
- SEC file
- 801-126099
- Structure
- Texas corporation
- Fiscal year end
- December
Spectrum Advisors’ named custodian for separately managed accounts is Charles Schwab ($160M). Spectrum Advisors does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Southlake, TX · $160M100%
At year end, Spectrum Advisors’ separately managed accounts were mostly in stocks (87%).
What the accounts hold
- Stocks87%
- Exchange-traded equities80%
- Non-exchange-traded equities7%
- Funds9%
- Bonds1%
- Cash3%
How many clients does Spectrum Advisors have?
Spectrum Advisors has 308 clients and manages $160 million for them, as of September 2026. They include 270 individual clients and 38 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 2 September 2026
What services does Spectrum Advisors offer?
Spectrum Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Spectrum Advisors use?
Spectrum Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Southlake, TX), with $160M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 September 2026
How many financial advisors does Spectrum Advisors have?
Spectrum Advisors has 5 investment adviser representatives registered with state securities authorities, out of 9 employees, and 5 perform investment advisory functions. 0 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
What does Spectrum Advisors invest in?
At the end of its last fiscal year, Spectrum Advisors’ separately managed accounts held 80% exchange-traded equities, 9% registered funds (mutual funds, ETFs, BDCs), 7% non-exchange-traded equities, 3% cash and equivalents and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Spectrum Advisors?
Spectrum Advisors’ direct owners are Jon Reppert (50% to 75%) and David Faulkner (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 2 September 2026
How does Spectrum Advisors get paid?
Spectrum Advisors 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 Spectrum Advisors?
Spectrum Advisors’ main office is at 2805 Dallas Parkway, Ste 200, Plano, TX 75093. Its phone number is 972-931-3700. Its website is spectrumadvisors.net.
