Spivak Asset Management provides portfolio management for individuals and small businesses.
Spivak Asset Management reports 63 clients. They include 52 high-net-worth individuals and 11 individual clients. Of its assets, 100.0% ($439M across 63 accounts) are managed with discretion. It advised 63 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 17% | 2% |
| High-net-worth individuals | 83% | 98% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 11 | $7.71M | 1.8% | $701K |
| High-net-worth individuals | 52 | $431M | 98.2% | $8.3M |
| Total | 63 | $439M | 100% | $6.97M |
- Clients
- 11
- Regulatory AUM
- $7.71M
- AUM share
- 1.8%
- Avg. per client
- $701K
- Clients
- 52
- Regulatory AUM
- $431M
- AUM share
- 98.2%
- Avg. per client
- $8.3M
Total
- Clients
- 63
- Regulatory AUM
- $439M
- AUM share
- 100%
- Avg. per client
- $6.97M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 63
- Private funds advised
- 0
Spivak Asset Management charges up to 1.00% a year for its Portfolio management. The fee is billed in arrears, is negotiable and requires an account of at least $1,000,000.
Fee details and sources
Jay Spivak owns 75% or more of Spivak Asset Management. The leadership team of Spivak Asset Management includes Chief Compliance Officer Jay Spivak. It has 1 employee.
Leadership
Jay SpivakManaging Member/Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 1 employee
- 1 in advisory functions
- Owns 75% or more of Spivak Asset Management, LLC
Jay Spivak
Control person · since May 1996
Spivak Asset Management’s regulatory assets grew 1.9× from $233M (February 2021) to $439M (March 2026); clients rose from 60 to 63 and employees were 1 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $439M | 63 | 1 | 1 |
| April 2025 | $393M | 65 | 1 | 1 |
| March 2024 | $358M | 65 | 1 | 1 |
| March 2023 | $256M | 63 | 1 | 1 |
| February 2022 | $272M | 62 | 1 | 1 |
| February 2021 | $233M | 60 | 1 | 1 |
Besides its headquarters, Spivak Asset Management has 0 offices, with 1 listed address in Connecticut.
Connecticut · 1 listed address
- 172 West Main Street, AvonHQ
Contact and registration details
- Legal name
- Spivak Asset Management, LLC
- Headquarters
- 172 West Main Street, Avon, CT 06001
- Website
- jayspivak.com
- Phone
- 860-676-9756
- SEC file
- 801-81096
- Structure
- Connecticut LLC
- Fiscal year end
- December
Spivak Asset Management uses Fidelity ($214M) as custodian for its separately managed accounts. Spivak Asset Management has custody of $349M in client assets for 50 clients.
- FidelityNational Financial Services · Boston, MA · $214M100%
At year end, Spivak Asset Management’s separately managed accounts were mostly in funds (87%) and stocks (10%).
What the accounts hold
- Stocks10%
- Funds87%
- Cash3%
How many clients does Spivak Asset Management have?
Spivak Asset Management has 63 clients and manages $439 million for them, as of March 2026. They include 52 high-net-worth individuals and 11 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 19 March 2026
What services does Spivak Asset Management offer?
Spivak Asset Management provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Spivak Asset Management charge?
Spivak Asset Management charges up to 1.00% a year for its Portfolio management. The fee is billed in arrears, is negotiable and requires an account of at least $1,000,000.
Source: SPIVAK ASSET MANAGEMENT, LLC ADV PART 2, filed 19 March 2026
Which custodians does Spivak Asset Management use?
Spivak Asset Management’s separately managed account assets are held at National Financial Services (Boston, MA), with $214M. 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 Spivak Asset Management have?
Spivak Asset Management has 0 investment adviser representatives registered with state securities authorities, out of 1 employees, and 1 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 Spivak Asset Management invest in?
At the end of its last fiscal year, Spivak Asset Management’s separately managed accounts held 87% registered funds (mutual funds, ETFs, BDCs), 10% exchange-traded equities and 3% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Spivak Asset Management have a minimum investment?
Yes, Spivak Asset Management’s minimum account size for its Portfolio management is $1M.
Source: SPIVAK ASSET MANAGEMENT, LLC ADV PART 2, filed 19 March 2026
Who owns Spivak Asset Management?
Spivak Asset Management’s direct owner is Jay Spivak (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 19 March 2026
How does Spivak Asset Management get paid?
Spivak Asset Management is paid through a percentage of assets under management. 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 Spivak Asset Management?
Spivak Asset Management’s main office is at 172 West Main Street, Avon, CT 06001. Its phone number is 860-676-9756. Its website is jayspivak.com.