AdvisorCensus / Financial advisors / Michigan / Detroit / Spartan Wealth Management
Spartan Wealth Management
Filed as SPARTAN WEALTH MANAGEMENT · Legal name Spartan Wealth Advisory Services LLC
Spartan Wealth Management is an SEC-registered investment advisory firm in Bingham Farms, MI, registered since 2024, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 13, 2026.
Quick answers
From the filingHow is Spartan Wealth Management compensated?
On its Form ADV (Item 5.E, October 2026), Spartan Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
What does Spartan Wealth Management's brochure say about its fees?
Its Form ADV Part 2A brochure dated May 13, 2026 states: Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Spartan Wealth Management located?
Spartan Wealth Management's principal office is in Bingham Farms, MI, according to its Form ADV; the June 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is Spartan Wealth Management registered with the SEC or a state?
Spartan Wealth Management is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 331719.
How much does Spartan Wealth Management manage?
Spartan Wealth Management reports $1,484,197,565 in regulatory assets under management in its Form ADV filing dated May 13, 2026 (100% discretionary).
How have Spartan Wealth Management's assets and staff changed since 2025?
In the Form ADV data for Spartan Wealth Management: Regulatory assets under management: $406,619,437 in the October 2025 data and $1,484,197,565 in the October 2026 data, up 265%. Total employees: 26 in October 2025 and 31 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Spartan Wealth Management serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (813); individuals (other than high net worth individuals) (352); corporations or other businesses not listed above (11).
Which custodians does Spartan Wealth Management use?
Spartan Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.
Does Spartan Wealth Management 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/331719
Does Spartan Wealth Management state an account minimum?
Its Form ADV Part 2A brochure dated May 13, 2026 says: "Spartan Wealth Management generally does not impose a minimum relationship size."
What changed in Spartan Wealth Management's recent Form ADV filings?
In the June 2026 filing data: Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: up to 1.5% of assets a year (the maximum the brochure states)
The brochure's wording
Wealth management fees are charged at an annual rate up to 1.50% of assets under management.
Retirement plan advisory fees are charged an annual asset-based fee of up to 1.50%.
Account minimum: None
The brochure's wording
Spartan Wealth Management generally does not impose a minimum relationship size.
As stated in the firm's Form ADV Part 2A brochure dated May 13, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$1,484,197,565 as of October 2026, filing dated May 13, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Legal name
- Spartan Wealth Advisory Services LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2024 (1 year)
- Employees
- Total: 31. Performing investment advisory functions: 19.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the June 2026 filing
- States registered or notice-filed
-
12 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $1,484,197,565 | 31 | May 13, 2026 |
| October 2025 | $406,619,437 | 26 | July 24, 2025 |
Regulatory assets under management: $406,619,437 in the October 2025 data and $1,484,197,565 in the October 2026 data, up 265%.
Total employees: 26 in October 2025 and 31 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- June 2026
- Updated its list of owners and control persons (Schedule A).
- April 2026
- Registered or notice-filed in IN, VA.
- March 2026
- Regulatory assets under management went from $406,619,437 to $1,484,197,565 (+265%).
- Employees performing advisory functions went from 15 to 19.
- December 2025
- Registered or notice-filed in CO, GA.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Spartan Wealth Management (CRD 331719): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/spartan-wealth-management-bingham-farms-mi-331719