{"url":"https://nivawealth.com/firms/sprott-asset-management-usa-139022","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/139022","regulatoryAum":10116747344,"crd":"139022","secFileNumber":"801-66131","legalName":"Sprott Asset Management USA Inc.","displayName":"Sprott Asset Management USA","website":"http://www.sprott.com","founded":null,"organization":"California corporation","fiscalYearEnd":"December","headquarters":{"street":"320 Post Road, Suite 230","city":"Darien","state":"CT","stateName":"Connecticut","country":"United States","postalCode":"06820"},"tradeNames":["Sprott Family Office","Sprott Wealth Management"],"registration":{"secApproved":"1 February 2006","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":64,"advisory":35,"brokerDealerReps":34,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":8701981949,"discretionaryAccounts":2012,"nonDiscretionary":1414765395,"nonDiscretionaryAccounts":1350,"wrapProgram":null,"nonUsClientsPct":9,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":2039,"regulatoryAum":423537617},{"label":"High-net-worth individuals","clients":1062,"regulatoryAum":2243213378},{"label":"Investment companies","clients":14,"regulatoryAum":6531376755},{"label":"Pooled investment vehicles","clients":4,"regulatoryAum":377482701},{"label":"Pension and profit-sharing plans","clients":54,"regulatoryAum":89692047},{"label":"Charitable organizations","clients":5,"regulatoryAum":125309531},{"label":"Corporations and other businesses","clients":184,"regulatoryAum":326135315}],"fees":[],"feeNotes":[],"custodians":[{"name":"RBC Capital Markets, LLC","shortName":"RBC Capital Markets","location":"Minneapolis, MN","smaAssets":690602284},{"name":"State Street Bank and Trust Company","shortName":"State Street Bank and Trust","location":"Boston, MA","smaAssets":2451334143},{"name":"Interactive Brokers LLC","shortName":"Interactive Brokers","location":"Greenwich, CT","smaAssets":139754902},{"name":"Merrill Lynch, Pierce, Fenner & Smith Incorporated","shortName":"Merrill Lynch, Pierce, Fenner & Smith","location":"Stamford, CT","smaAssets":238954194},{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":20636753},{"name":"J.P. Morgan Securities LLC","shortName":"J.P. Morgan","location":"Greenwich, CT","smaAssets":1205379909},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":5611365},{"name":"National Financial Services LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":20550636},{"name":"U.S. Bank National Association","shortName":"U.S. Bank National Association","location":"Cincinnati,, OH","smaAssets":862188348}],"custodyNote":"Sprott Asset Management USA has custody of $377.5M for 4 clients.","otherCustodians":[],"leadership":[{"name":"William George","title":"President, Chief Executive Officer & Director","crd":"724943"},{"name":"Varinder Bhathal","title":"Chief Financial Officer","crd":"7091442"},{"name":"Thomas Ulrich","title":"General Counsel & Chief Compliance Officer","crd":"3071768"},{"name":"Varinder Bhathal","title":"Director","crd":"7091442"},{"name":"Thomas Ulrich","title":"Director","crd":"3071768"},{"name":"Robert Villaflor","title":"Director","crd":"2202057"},{"name":"Robert Villaflor","title":"Managing Partner - Sprott Wealth Management","crd":"2202057"}],"ownership":[{"label":"Sprott U.S. Holdings Inc.","detail":"Owner in the 75% or more ownership band and a control person, since February 2011."},{"label":"Sprott Inc.","detail":"Indirect owner: a shareholder of Sprott U.S. Holdings Inc. in the 75% or more band and a control person, since February 2011.","parent":"Sprott U.S. Holdings Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":4,"privateResidences":0},"listedOfficeAddresses":4,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"1910 Palomar Point Way","city":"Carlsbad"}]},{"state":"Connecticut","offices":1,"addresses":[{"street":"320 Post Road, Suite 230","city":"Darien","headquarters":true}]},{"state":"Florida","offices":1,"addresses":[{"street":"212 E. Stewart Ave","city":"Lake Wales"}]},{"state":"New York","offices":1,"addresses":[{"street":"500 Fifth Avenue","city":"New York"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"203-656-2400","stateRegisteredReps":30,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":55},{"label":"Investment grade corporate bonds","percent":1},{"label":"Derivatives","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":6},{"label":"Cash and cash equivalents","percent":35},{"label":"Other","percent":2,"detail":"Warrants"}],"privateFunds":4},"sources":{"adv1FilingDate":"30 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/139022/PDF/139022.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Sprott Asset Management USA have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Sprott Asset Management USA offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Sprott Asset Management USA use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Sprott Asset Management USA have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Sprott Asset Management USA invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Sprott Asset Management USA?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Sprott Asset Management USA get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}}],"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 Wealth 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."}