{
  "crd_number": 106616,
  "slug": "sparrow-capital-management-inc-st-louis-mo-106616",
  "primary_business_name": "SPARROW CAPITAL MANAGEMENT INC",
  "legal_name": "SPARROW CAPITAL MANAGEMENT INC",
  "dbas": [],
  "city": "St. Louis",
  "state": "MO",
  "country": "United States",
  "cbsa_code": "41180",
  "metro": {
    "cbsa_code": "41180",
    "common_name": "St. Louis",
    "msa_name": "St. Louis, MO-IL",
    "path": "/advisors/mo/st-louis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1992-12-01",
  "years_registered": 33,
  "period": "2026-10-01",
  "filing_date": "2026-03-18",
  "carried_forward": false,
  "raum_total": 113262659.0,
  "raum_discretionary": 113262659.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 2,
  "advisory_employees": 1,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 15352404.0,
      "count": 44
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": null
    },
    "investment_companies": {
      "raum": 68219728.0,
      "count": 1
    },
    "pension_profit_sharing": {
      "raum": 597069.0,
      "count": 1,
      "fewer_than_5": true
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": null
    },
    "high_net_worth_individuals": {
      "raum": 19807754.0,
      "count": 10
    },
    "pooled_investment_vehicles": {
      "raum": 9013152.0,
      "count": 1
    },
    "corporations_other_businesses": {
      "raum": 272552.0,
      "count": 1
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "IL",
    "LA",
    "MO",
    "MS",
    "TX"
  ],
  "websites": [
    "https://sparrowcapital.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/106616",
  "city_as_filed": "ST. LOUIS",
  "url": "https://advisorcensus.com/firm/sparrow-capital-management-inc-st-louis-mo-106616",
  "display_name": "Sparrow Capital Management Inc",
  "summary": "Sparrow Capital Management Inc is an SEC-registered investment advisory firm in St. Louis, MO, registered since 1992, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 18, 2026.",
  "citation": "AdvisorCensus. Sparrow Capital Management Inc (CRD 106616): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Sparrow Capital Management Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Sparrow Capital Management 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."
    },
    {
      "q": "Where is Sparrow Capital Management Inc located?",
      "a": "Sparrow Capital Management Inc's principal office is in St. Louis, MO, according to its Form ADV."
    },
    {
      "q": "Is Sparrow Capital Management Inc registered with the SEC or a state?",
      "a": "Sparrow Capital Management Inc is an SEC-registered investment advisory firm, registered since 1992. Status as filed: Approved. CRD 106616."
    },
    {
      "q": "How much does Sparrow Capital Management Inc manage?",
      "a": "Sparrow Capital Management Inc reports $113,262,659 in regulatory assets under management in its Form ADV filing dated March 18, 2026 (100% discretionary)."
    },
    {
      "q": "How have Sparrow Capital Management Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Sparrow Capital Management Inc: Regulatory assets under management: $252,399,612 in the October 2021 data and $113,262,659 in the October 2026 data, down 55%. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Sparrow Capital Management Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (44); high net worth individuals (10); investment companies (1)."
    },
    {
      "q": "Does Sparrow Capital Management Inc report any disciplinary disclosures?",
      "a": "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/106616"
    },
    {
      "q": "What changed in Sparrow Capital Management Inc's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $224,250,272 to $113,262,659 (-49%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 252399612.0,
      "total_employees": 2,
      "filing_date": "2021-06-11"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 225048117.0,
      "total_employees": 2,
      "filing_date": "2022-08-18"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 178973509.0,
      "total_employees": 2,
      "filing_date": "2023-04-28"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 196138101.0,
      "total_employees": 2,
      "filing_date": "2024-02-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 224250272.0,
      "total_employees": 2,
      "filing_date": "2025-03-11"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 113262659.0,
      "total_employees": 2,
      "filing_date": "2026-03-18"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $224,250,272 to $113,262,659 (-49%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/sparrow-capital-management-inc-st-louis-mo-106616.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 44,
      "fewer_than_5": false,
      "raum": 15352404.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 10,
      "fewer_than_5": false,
      "raum": 19807754.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 68219728.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 9013152.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 1,
      "fewer_than_5": true,
      "raum": 597069.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 1,
      "fewer_than_5": false,
      "raum": 272552.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/106616",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}