# Sandalwood Securities, Inc.

> Sandalwood Securities, Inc. is an SEC-registered investment advisory firm in Roseland, NJ, registered since 1992, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 19, 2026.

- CRD: 27240
- Filed as: SANDALWOOD SECURITIES, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Roseland, NJ
- Filing period: October 2026
- Form ADV filing dated: March 19, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/27240
- AdvisorCensus page: https://advisorcensus.com/firm/sandalwood-securities-inc-roseland-nj-27240

## Quick answers

**How is Sandalwood Securities, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Sandalwood Securities, Inc. reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Sandalwood Securities, Inc. located?**
Sandalwood Securities, Inc.'s principal office is in Roseland, NJ, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Sandalwood Securities, Inc. registered with the SEC or a state?**
Sandalwood Securities, Inc. is an SEC-registered investment advisory firm, registered since 1992. Status as filed: Approved. CRD 27240.

**How much does Sandalwood Securities, Inc. manage?**
Sandalwood Securities, Inc. reports $930,185,651 in regulatory assets under management in its Form ADV filing dated March 19, 2026 (100% discretionary).

**How have Sandalwood Securities, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Sandalwood Securities, Inc.: Regulatory assets under management: $592,955,771 in the October 2021 data and $930,185,651 in the October 2026 data, up 57%. Total employees: 11 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Sandalwood Securities, Inc. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (8).

**Does Sandalwood Securities, Inc. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/27240

**What changed in Sandalwood Securities, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 5 to 4. Regulatory assets under management went from $840,652,397 to $930,185,651 (+11%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $930,185,651
- Discretionary: $930,185,651
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | 0 | Not reported |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 8 | $930,185,651 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 1992 (34 years)
- Employees: 11 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, NJ, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- West Palm Beach, FL

### Websites listed on Form ADV (Item 1.I)
- [sandalwoodsecurities.com](https://sandalwoodsecurities.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $592,955,771 | 11 | March 29, 2021 |
| October 2022 | $768,846,972 | 13 | March 18, 2022 |
| October 2023 | $764,105,058 | 12 | September 8, 2023 |
| October 2024 | $744,249,913 | 12 | July 9, 2024 |
| October 2025 | $840,652,397 | 13 | June 17, 2025 |
| October 2026 | $930,185,651 | 11 | March 19, 2026 |

Regulatory assets under management: $592,955,771 in the October 2021 data and $930,185,651 in the October 2026 data, up 57%.
Total employees: 11 in October 2021 and 11 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 5 to 4.
- Regulatory assets under management went from $840,652,397 to $930,185,651 (+11%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Sandalwood Securities, Inc. (CRD 27240): Form ADV filing data as of October 2026.