Clients
Sprott Asset Management USA serves 3,362 clients, 1,062 of them high-net-worth individuals. The average client has about $3 million with the firm, and high-net-worth clients hold 22% of its $10.1 billion in assets.
- Individuals2,039 clients4%
- High-net-worth individuals1,062 clients22%
- Investment companies14 clients65%
- Pooled investment vehicles4 clients4%
- Corporations and other businesses184 clients3%
- OtherPension and profit-sharing plans, Charitable organizations2%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 2,039 | $423,537,617 | 4.2% | $208K |
| High-net-worth individuals | 1,062 | $2,243,213,378 | 22.2% | $2.11M |
| Investment companies | 14 | $6,531,376,755 | 64.6% | $466.5M |
| Pooled investment vehicles | 4 | $377,482,701 | 3.7% | $94.4M |
| Pension and profit-sharing plans | 54 | $89,692,047 | 0.9% | $1.66M |
| Charitable organizations | 5 | $125,309,531 | 1.2% | $25.1M |
| Corporations and other businesses | 184 | $326,135,315 | 3.2% | $1.77M |
| Total | 3,362 | $10,116,747,344 | 100% | $3.01M |
- Clients
- 2,039
- Regulatory AUM
- $423,537,617
- Share
- 4.2%
- Avg. per client
- $208K
- Clients
- 1,062
- Regulatory AUM
- $2,243,213,378
- Share
- 22.2%
- Avg. per client
- $2.11M
- Clients
- 14
- Regulatory AUM
- $6,531,376,755
- Share
- 64.6%
- Avg. per client
- $466.5M
- Clients
- 4
- Regulatory AUM
- $377,482,701
- Share
- 3.7%
- Avg. per client
- $94.4M
- Clients
- 54
- Regulatory AUM
- $89,692,047
- Share
- 0.9%
- Avg. per client
- $1.66M
- Clients
- 5
- Regulatory AUM
- $125,309,531
- Share
- 1.2%
- Avg. per client
- $25.1M
- Clients
- 184
- Regulatory AUM
- $326,135,315
- Share
- 3.2%
- Avg. per client
- $1.77M
Total
- Clients
- 3,362
- Regulatory AUM
- $10,116,747,344
- Share
- 100%
- Avg. per client
- $3.01M
What it does
Sprott Asset Management USA provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Sprott Asset Management USA provided financial planning to 1–10 clients last fiscal year and advises 4 private funds.
86.0% of assets ($8.70B across 2,012 accounts) are managed with discretion; $1.41B across 1,350 accounts are not. 9% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks55%
- Funds6%
- Bonds1%
- Cash35%
- Other3%
- Warrants2%
- Derivatives1%
Custodians
Sprott Asset Management USA’s client accounts are held mainly at State Street Bank and Trust, with 24% of managed assets, and J.P. Morgan, with 12%. Sprott Asset Management USA has custody of $377.5M for 4 clients.
- RBC Capital MarketsRBC Capital Markets, LLC · Minneapolis, MN · $690.6M7%
- State Street Bank and TrustState Street Bank and Trust Company · Boston, MA · $2.45B24%
- Interactive BrokersInteractive Brokers LLC · Greenwich, CT · $139.8M1%
- Merrill Lynch, Pierce, Fenner & SmithMerrill Lynch, Pierce, Fenner & Smith Incorporated · Stamford, CT · $239.0M2%
- J.P. MorganJ.P. Morgan Securities LLC · Greenwich, CT · $1.21B12%
- OtherU.S. Bank National Association, Fidelity, Charles Schwab, Fidelity, All other custodians53%
Ownership and leadership
Sprott U.S. Holdings Inc. owns 75% or more of Sprott Asset Management USA, and William George is its CEO.
- Owns 75% or more of Sprott Asset Management USA Inc.
Sprott U.S. Holdings Inc.
Control person · since February 2011
- Owns 75% or more of Sprott U.S. Holdings Inc.
Sprott Inc.
Control person · since February 2011
Leadership
- William GeorgePresident, Chief Executive Officer & Director
- Varinder BhathalChief Financial Officer
- Thomas UlrichGeneral Counsel & Chief Compliance Officer
- Varinder BhathalDirector
- Thomas UlrichDirector
- Robert VillaflorDirector
- Robert VillaflorManaging Partner - Sprott Wealth Management
Staff
- 64 employees
- 35 in advisory functions
- 30 state-registered reps
- 34 broker-dealer reps
Fees
Sprott Asset Management USA is paid through a percentage of assets under management and performance-based fees.
Sprott Asset Management USA’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Sprott Asset Management USA has 4 offices, with 4 listed addresses across 4 states.
California · 1 listed address
- 1910 Palomar Point Way, Carlsbad
Connecticut · 1 listed address
- 320 Post Road, Suite 230, DarienHQ
Florida · 1 listed address
- 212 E. Stewart Ave, Lake Wales
New York · 1 listed address
- 500 Fifth Avenue, New York
Other business names
Sprott Asset Management USA has reported 2 other business names to the SEC.
- Sprott Family Office
- Sprott Wealth Management
Registration details
- Legal name
- Sprott Asset Management USA Inc.
- Headquarters
- 320 Post Road, Suite 230, Darien, CT 06820
- Phone
- 203-656-2400
- Website
- www.sprott.com
- SEC file
- 801-66131
- Structure
- California corporation
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Sprott Asset Management USA have?
Sprott Asset Management USA has 3,362 clients and manages $10.1 billion for them, as of March 2026. They include 2,039 other individuals, 1,062 high-net-worth individuals and 184 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Sprott Asset Management USA offer?
Sprott Asset Management USA provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Sprott Asset Management USA use?
Sprott Asset Management USA’s separately managed account assets are held at State Street Bank and Trust Company (Boston, MA), with $2,451,334,143, J.P. Morgan Securities LLC (Greenwich, CT), with $1,205,379,909, U.S. Bank National Association (Cincinnati,, OH), with $862,188,348, RBC Capital Markets, LLC (Minneapolis, MN), with $690,602,284, Merrill Lynch, Pierce, Fenner & Smith Incorporated (Stamford, CT), with $238,954,194, Interactive Brokers LLC (Greenwich, CT), with $139,754,902, Fidelity Brokerage Services LLC (Smithfield, RI), with $20,636,753, National Financial Services LLC (Boston, MA), with $20,550,636 and Charles Schwab & Co., Inc. (Westlake, TX), with $5,611,365. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Sprott Asset Management USA have?
Sprott Asset Management USA has 30 investment adviser representatives registered with state securities authorities, out of 64 employees, and 35 perform investment advisory functions. 34 are registered representatives of a broker-dealer and 0 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 Sprott Asset Management USA invest in?
At the end of its last fiscal year, Sprott Asset Management USA’s separately managed accounts held 55% exchange-traded equities, 35% cash and equivalents, 6% registered funds (mutual funds, ETFs, BDCs), 2% warrants, 1% investment grade corporate bonds and 1% derivatives. It advises 4 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Sprott Asset Management USA?
Sprott Asset Management USA is owned through a holding company by Sprott Inc. Its direct owner is Sprott U.S. Holdings Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Sprott Asset Management USA get paid?
Sprott Asset Management USA is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file