{"url":"https://nivawealth.com/firms/spivak-asset-management-125714","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/125714","regulatoryAum":439099250,"crd":"125714","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2763969","suffix":null,"lastName":"SPIVAK","firstName":"JAY","middleName":"STUART"}],"total":1,"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":"2021-02-18","regulatoryAum":232870920,"clients":60,"employees":1,"offices":1},{"filedOn":"2022-02-09","regulatoryAum":272344086,"clients":62,"employees":1,"offices":1},{"filedOn":"2023-03-17","regulatoryAum":256416706,"clients":63,"employees":1,"offices":1},{"filedOn":"2024-03-01","regulatoryAum":357815077,"clients":65,"employees":1,"offices":1},{"filedOn":"2025-04-10","regulatoryAum":392501583,"clients":65,"employees":1,"offices":1},{"filedOn":"2026-03-19","regulatoryAum":439099250,"clients":63,"employees":1,"offices":1}],"secFileNumber":"801-81096","legalName":"Spivak 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1996."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Connecticut","offices":1,"addresses":[{"street":"172 West Main Street","city":"Avon","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"860-676-9756","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":10},{"label":"Securities issued by registered investment companies or business development companies","percent":87},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"19 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/125714/PDF/125714.pdf","brochureDate":"19 March 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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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Spivak Asset Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Spivak Asset Management charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Spivak Asset Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Spivak Asset Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Spivak Asset Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does Spivak Asset Management have a minimum investment?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Spivak Asset Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Spivak Asset Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Spivak Asset Management?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 19 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."}