{
  "crd_number": 331719,
  "slug": "spartan-wealth-management-bingham-farms-mi-331719",
  "primary_business_name": "SPARTAN WEALTH MANAGEMENT",
  "legal_name": "SPARTAN WEALTH ADVISORY SERVICES LLC",
  "dbas": [],
  "city": "Bingham Farms",
  "state": "MI",
  "country": "United States",
  "cbsa_code": "19820",
  "metro": {
    "cbsa_code": "19820",
    "common_name": "Detroit",
    "msa_name": "Detroit-Warren-Dearborn, MI",
    "path": "/advisors/mi/detroit"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-10-28",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-05-13",
  "carried_forward": false,
  "raum_total": 1484197565.0,
  "raum_discretionary": 1484197565.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 31,
  "advisory_employees": 19,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 3092527.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 1236129308.0,
      "count": 352
    },
    "pension_profit_sharing": {
      "raum": 3226084.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 224127145.0,
      "count": 813
    },
    "corporations_other_businesses": {
      "raum": 17622501.0,
      "count": 11
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO",
    "FL",
    "GA",
    "IL",
    "IN",
    "MI",
    "NC",
    "NY",
    "OH",
    "TX",
    "VA"
  ],
  "websites": [
    "https://facebook.com/SpartanWealthManagement",
    "https://linkedin.com/company/spartan-wealth-management",
    "https://spartanwealth.com",
    "https://youtube.com/@Spartan-Wealth-Management"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/331719",
  "city_as_filed": "BINGHAM FARMS",
  "url": "https://advisorcensus.com/firm/spartan-wealth-management-bingham-farms-mi-331719",
  "display_name": "Spartan Wealth Management",
  "summary": "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.",
  "citation": "AdvisorCensus. Spartan Wealth Management (CRD 331719): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Spartan Wealth Management compensated?",
      "a": "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)."
    },
    {
      "q": "How much does Spartan Wealth Management charge?",
      "a": "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); Flat fee: $5,000 to $50,000 (financial planning and consulting services only); Hourly rate: $500 an hour (financial planning and consulting services only). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Spartan Wealth Management located?",
      "a": "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)."
    },
    {
      "q": "Is Spartan Wealth Management registered with the SEC or a state?",
      "a": "Spartan Wealth Management is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 331719."
    },
    {
      "q": "How much does Spartan Wealth Management manage?",
      "a": "Spartan Wealth Management reports $1,484,197,565 in regulatory assets under management in its Form ADV filing dated May 13, 2026 (100% discretionary)."
    },
    {
      "q": "How have Spartan Wealth Management's assets and staff changed since 2025?",
      "a": "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."
    },
    {
      "q": "What types of clients does Spartan Wealth Management serve?",
      "a": "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)."
    },
    {
      "q": "Which custodians does Spartan Wealth Management use?",
      "a": "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."
    },
    {
      "q": "Does Spartan Wealth Management 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/331719"
    },
    {
      "q": "Does Spartan Wealth Management state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated May 13, 2026 says: \"Spartan Wealth Management generally does not impose a minimum relationship size.\""
    },
    {
      "q": "What changed in Spartan Wealth Management's recent Form ADV filings?",
      "a": "In the June 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 406619437.0,
      "total_employees": 26,
      "filing_date": "2025-07-24"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1484197565.0,
      "total_employees": 31,
      "filing_date": "2026-05-13"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Registered or notice-filed in IN, VA."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $406,619,437 to $1,484,197,565 (+265%).",
        "Employees performing advisory functions went from 15 to 19."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in CO, GA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated May 13, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "1.5% of assets a year",
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $5,000 to $50,000 (financial planning and consulting services only)",
      "Hourly rate: $500 an hour (financial planning and consulting services only)"
    ],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "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%."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Spartan Wealth Management generally does not impose a minimum relationship size."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $5,000 to $50,000 (financial planning and consulting services only)"
        ],
        "quotes": [
          "Clients that are receiving financial planning and consulting services only are charged a fixed fee ranging from $5,000 to $50,000, depending upon the complexity of the client’s plan and services provided."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $500 an hour (financial planning and consulting services only)"
        ],
        "quotes": [
          "In the alternative, clients that are receiving financial planning and consulting services only may be charged and hourly fee rate up to $500.00."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 1.5,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 5000.0,
          "max": 50000.0,
          "period": "one_time",
          "service": "financial planning and consulting services only"
        },
        {
          "kind": "hourly",
          "amount": 500.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "financial planning and consulting services only"
        }
      ]
    },
    "quotes": [
      "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%.",
      "Spartan Wealth Management generally does not impose a minimum relationship size.",
      "Clients that are receiving financial planning and consulting services only are charged a fixed fee ranging from $5,000 to $50,000, depending upon the complexity of the client’s plan and services provided.",
      "In the alternative, clients that are receiving financial planning and consulting services only may be charged and hourly fee rate up to $500.00."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/spartan-wealth-management-bingham-farms-mi-331719.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 352,
      "fewer_than_5": false,
      "raum": 1236129308.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 813,
      "fewer_than_5": false,
      "raum": 224127145.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 3226084.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 3092527.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 11,
      "fewer_than_5": false,
      "raum": 17622501.0
    }
  ],
  "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/331719",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}