# Sparrow Capital Management Inc

> 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.

- CRD: 106616
- Filed as: SPARROW CAPITAL MANAGEMENT INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: St. Louis, MO
- Filing period: October 2026
- Form ADV filing dated: March 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/106616
- AdvisorCensus page: https://advisorcensus.com/firm/sparrow-capital-management-inc-st-louis-mo-106616

## Quick answers

**How is Sparrow Capital Management Inc compensated?**
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.

**Where is Sparrow Capital Management Inc located?**
Sparrow Capital Management Inc's principal office is in St. Louis, MO, according to its Form ADV.

**Is Sparrow Capital Management Inc registered with the SEC or a state?**
Sparrow Capital Management Inc is an SEC-registered investment advisory firm, registered since 1992. Status as filed: Approved. CRD 106616.

**How much does Sparrow Capital Management Inc manage?**
Sparrow Capital Management Inc reports $113,262,659 in regulatory assets under management in its Form ADV filing dated March 18, 2026 (100% discretionary).

**How have Sparrow Capital Management Inc's assets and staff changed since 2021?**
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.

**What types of clients does Sparrow Capital Management Inc serve?**
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).

**Does Sparrow Capital Management 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/106616

**What changed in Sparrow Capital Management Inc's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $224,250,272 to $113,262,659 (-49%).

## 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: $113,262,659
- Discretionary: $113,262,659
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 44 | $15,352,404 |
| High net worth individuals | 10 | $19,807,754 |
| Investment companies | 1 | $68,219,728 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $9,013,152 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $597,069 |
| Other investment advisers | Not reported | $0 |
| Insurance companies | Not reported | $0 |
| Corporations or other businesses not listed above | 1 | $272,552 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 1992 (33 years)
- Employees: 2 total, 1 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: IL, LA, MO, MS, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- sparrowcapital.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $252,399,612 | 2 | June 11, 2021 |
| October 2022 | $225,048,117 | 2 | August 18, 2022 |
| October 2023 | $178,973,509 | 2 | April 28, 2023 |
| October 2024 | $196,138,101 | 2 | February 29, 2024 |
| October 2025 | $224,250,272 | 2 | March 11, 2025 |
| October 2026 | $113,262,659 | 2 | March 18, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $224,250,272 to $113,262,659 (-49%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Sparrow Capital Management Inc (CRD 106616): Form ADV filing data as of October 2026.