# Spark Financial Advisors

> Spark Financial Advisors is an SEC-registered investment advisory firm in Richmond, VA, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 17, 2026.

- CRD: 296914
- Filed as: SPARK FINANCIAL ADVISORS
- Legal name: Spark Financial Advisors, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Richmond, VA
- Filing period: October 2026
- Form ADV filing dated: March 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/296914
- AdvisorCensus page: https://advisorcensus.com/firm/spark-financial-advisors-richmond-va-296914

## Quick answers

**How is Spark Financial Advisors compensated?**
On its Form ADV (Item 5.E, October 2026), Spark Financial Advisors reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other.

**How much does Spark Financial Advisors charge?**
Its Form ADV Part 2A brochure dated March 17, 2026 states: Hourly rate: $300 an hour (Financial Planning). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Spark Financial Advisors located?**
Spark Financial Advisors' principal office is in Richmond, VA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Spark Financial Advisors registered with the SEC or a state?**
Spark Financial Advisors is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 296914.

**How much does Spark Financial Advisors manage?**
Spark Financial Advisors reports $147,096,626 in regulatory assets under management in its Form ADV filing dated March 17, 2026 (100% discretionary).

**How have Spark Financial Advisors' assets and staff changed since 2025?**
In the Form ADV data for Spark Financial Advisors: Regulatory assets under management: $115,811,162 in the October 2025 data and $147,096,626 in the October 2026 data, up 27%. Total employees: 5 in October 2025 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Spark Financial Advisors serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (120); high net worth individuals (44).

**Which custodians does Spark Financial Advisors use?**
Spark Financial Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Altruist Financial LLC, Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Spark Financial Advisors report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/296914

**Does Spark Financial Advisors state an account minimum?**
Its Form ADV Part 2A brochure dated March 17, 2026 says: "We do not have a minimum account size requirement."

**What changed in Spark Financial Advisors' recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $115,811,162 to $147,096,626 (+27%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Other

### Fees and minimums (Form ADV Part 2A brochure dated March 17, 2026)

- Account minimum: None

> We do not have a minimum account size requirement.

- Hourly rate: $300 an hour (Financial Planning)

> Financial Planning fee is an hourly rate or $300 per hour. The fee may be negotiable in certain cases and is due at the completion of the engagement.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Altruist Financial LLC
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $147,096,626
- Discretionary: $147,096,626
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 120 | $50,465,295 |
| High net worth individuals | 44 | $96,631,331 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2025 (1 year)
- Employees: 7 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NC, PA, TX, VA
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/296914

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Williamsburg, VA

### Websites listed on Form ADV (Item 1.I)
- sparkfinancialadvisors.com
- Facebook @SparkFinancialAdvisors
- Instagram @sparkfinancialadvisors
- LinkedIn @spark-financial-advisors
- LinkedIn @laurenzangardihaynes
- LinkedIn @michelle-orellana-cfp®-640413a9
- LinkedIn @suzanne-alexis-grason
- Threads @sparkfinancialadvisors
- YouTube @sparkfinancialadvisors

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $115,811,162 | 5 | April 11, 2025 |
| October 2026 | $147,096,626 | 7 | March 17, 2026 |

Regulatory assets under management: $115,811,162 in the October 2025 data and $147,096,626 in the October 2026 data, up 27%.
Total employees: 5 in October 2025 and 7 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $115,811,162 to $147,096,626 (+27%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Spark Financial Advisors (CRD 296914): Form ADV filing data as of October 2026.