Spectrum Financial provides portfolio management for individuals and small businesses and portfolio management for investment companies.
Spectrum Financial reports 234 clients. They include 213 individuals, 9 charitable organizations, and 4 corporations and other businesses. Of its assets, 100.0% ($236M across 454 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 91% | 15% |
| Investment companies | 1% | 81% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | 4% | 1% |
| Corporations and other businesses | 2% | 2% |
| Other client typesOther | 1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 213 | $34.4M | 14.5% | $161K |
| Investment companies | 3 | $193M | 81.4% | $64.2M |
| Pension and profit-sharing plans | Fewer than 5 | $1.9M | 0.8% | $948K |
| Charitable organizations | 9 | $2.69M | 1.1% | $299K |
| Corporations and other businesses | Fewer than 5 | $4.86M | 2.1% | $1.22M |
| Other | Fewer than 5 | $89.6K | 0.0% | $29.9K |
| Total | 234 | $236M | 100% | — |
- Clients
- 213
- Regulatory AUM
- $34.4M
- AUM share
- 14.5%
- Avg. per client
- $161K
- Clients
- 3
- Regulatory AUM
- $193M
- AUM share
- 81.4%
- Avg. per client
- $64.2M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.9M
- AUM share
- 0.8%
- Avg. per client
- $948K
- Clients
- 9
- Regulatory AUM
- $2.69M
- AUM share
- 1.1%
- Avg. per client
- $299K
- Clients
- Fewer than 5
- Regulatory AUM
- $4.86M
- AUM share
- 2.1%
- Avg. per client
- $1.22M
- Clients
- Fewer than 5
- Regulatory AUM
- $89.6K
- AUM share
- 0.0%
- Avg. per client
- $29.9K
Total
- Clients
- 234
- Regulatory AUM
- $236M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 0
Spectrum Financial is paid through a percentage of assets under management and other compensation; its fees and minimums are set out in its brochures on the SEC website.
Ralph Doudera owns 75% or more of Spectrum Financial. The leadership team of Spectrum Financial includes President Mary Collins. It has 9 employees, 5 of them in advisory roles.
Staff
- 9 employees
- 5 in advisory functions
- 2 state-registered reps
- 2 broker-dealer reps
- 1 soliciting firm
- Owns 75% or more of Spectrum Financial Inc
Ralph Doudera
Control person · since March 2003
Spectrum Financial’s regulatory assets fell from $416M (July 2021) to $236M (March 2026); clients were 234 in both filings and employees rose from 5 to 9.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $236M | 234 | 9 | 1 |
| Mar 2025March 2025 | $266M | 244 | 9 | 1 |
| Mar 2024March 2024 | $292M | 243 | 6 | 1 |
| Mar 2023March 2023 | $370M | 253 | 6 | 1 |
| Apr 2022April 2022 | $403M | 254 | 6 | 1 |
| Jul 2021July 2021 | $416M | 239 | 5 | 1 |
Besides its headquarters, Spectrum Financial has 0 offices, with 1 listed address in 1 state.
Virginia · 1 listed address
- 272 Bendix Road, Ste 600, Virginia BeachHQ
Contact and registration details
- Legal name
- Spectrum Financial Inc
- Headquarters
- 272 Bendix Road, Ste 600, Virginia Beach, VA 23452
- Website
- investspectrum.com
- Phone
- 757-463-7600
- SEC file
- 801-33311
- Structure
- Virginia corporation
- Fiscal year end
- December
Spectrum Financial’s named custodian for separately managed accounts is Fidelity ($34.3M). Spectrum Financial does not have custody of client assets.
- FidelityNational Financial Services LLC · New York, NY · $34.3M100%
At year end, Spectrum Financial’s separately managed accounts were mostly in funds (78%).
What the accounts hold
- Stocks1%
- Funds78%
- Cash3%
- Other18%
- Annuity or uvl accounts.18%
How many clients does Spectrum Financial have?
Spectrum Financial has 234 clients and manages $236 million for them, as of March 2026. They include 213 individuals, 9 charitable organizations, and 4 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 19 March 2026
What services does Spectrum Financial offer?
Spectrum Financial provides portfolio management for individuals and small businesses and portfolio management for investment companies.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Spectrum Financial use?
Spectrum Financial’s separately managed account assets are held at National Financial Services LLC (New York, NY), with $34.3M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 19 March 2026
How many financial advisors does Spectrum Financial have?
Spectrum Financial has 2 investment adviser representatives registered with state securities authorities, out of 9 employees, and 5 perform investment advisory functions. 2 employees are registered representatives of a broker-dealer and 0 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 Financial invest in?
At the end of its last fiscal year, Spectrum Financial’s separately managed accounts held 78% registered funds (mutual funds, ETFs, BDCs), 18% other, 3% cash and equivalents and 1% exchange-traded equities. The 18% other category is described as: Annuity Or Uvl Accounts.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Spectrum Financial?
Spectrum Financial’s direct owner is Ralph Doudera (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 19 March 2026
How does Spectrum Financial get paid?
Spectrum Financial is paid through a percentage of assets under management and other compensation. 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 Financial?
Spectrum Financial’s main office is at 272 Bendix Road, Ste 600, Virginia Beach, VA 23452. Its phone number is 757-463-7600. Its website is investspectrum.com.