{ "crd_number": 319289, "slug": "spearhead-administrative-services-llc-greenville-de-319289", "primary_business_name": "SPEARHEAD ADMINISTRATIVE SERVICES, LLC", "legal_name": "SPEARHEAD ADMINISTRATIVE SERVICES, LLC", "dbas": [], "city": "Greenville", "state": "DE", "country": "United States", "cbsa_code": "37980", "metro": { "cbsa_code": "37980", "common_name": "Philadelphia", "msa_name": "Philadelphia-Camden-Wilmington, PA-NJ-DE-MD", "path": "/advisors/pa/philadelphia" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2022-04-01", "years_registered": 4, "period": "2026-10-01", "filing_date": "2026-08-28", "carried_forward": false, "raum_total": 3827929709.0, "raum_discretionary": 3827929709.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 9, "advisory_employees": 3, "client_count_bucket": null, "clients_by_type": { "insurance_companies": { "raum": 2204564873.0, "count": 6 }, "pooled_investment_vehicles": { "raum": 1623364836.0, "count": 22 } }, "compensation_types": [ "fixed", "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_pooled_vehicles", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "DE", "FL", "MA", "NJ", "PA" ], "websites": [ "https://linkedin.com/company/spearhead-administrative-services", "https://spearheadadmin.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/319289", "city_as_filed": "GREENVILLE", "url": "https://advisorcensus.com/firm/spearhead-administrative-services-llc-greenville-de-319289", "display_name": "Spearhead Administrative Services, LLC", "summary": "Spearhead Administrative Services, LLC is an SEC-registered investment advisory firm in Greenville, DE, registered since 2022, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 28, 2026.", "citation": "AdvisorCensus. Spearhead Administrative Services, LLC (CRD 319289): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Fixed fees (other than subscription fees)", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients", "Selection of other advisers (including private fund managers)" ], "quick_answers": [ { "q": "How is Spearhead Administrative Services, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Spearhead Administrative Services, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees." }, { "q": "Where is Spearhead Administrative Services, LLC located?", "a": "Spearhead Administrative Services, LLC's principal office is in Greenville, DE, according to its Form ADV." }, { "q": "Is Spearhead Administrative Services, LLC registered with the SEC or a state?", "a": "Spearhead Administrative Services, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 319289." }, { "q": "How much does Spearhead Administrative Services, LLC manage?", "a": "Spearhead Administrative Services, LLC reports $3,827,929,709 in regulatory assets under management in its Form ADV filing dated August 28, 2026 (100% discretionary)." }, { "q": "How have Spearhead Administrative Services, LLC's assets and staff changed since 2022?", "a": "In the Form ADV data for Spearhead Administrative Services, LLC: Regulatory assets under management: $460,110,357 in the October 2022 data and $3,827,929,709 in the October 2026 data, up 732%. Total employees: 7 in October 2022 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Spearhead Administrative Services, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (22); insurance companies (6)." }, { "q": "Which custodians does Spearhead Administrative Services, LLC use?", "a": "Spearhead Administrative Services, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Spearhead Administrative Services, LLC 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/319289" }, { "q": "Does Spearhead Administrative Services, LLC state an account minimum?", "a": "Its Form ADV Part 2A brochure dated March 30, 2026 says: \"In general, we require a minimum of $1 million to open and maintain an advisory account. At our discretion, we may waive this minimum account size.\"" }, { "q": "What changed in Spearhead Administrative Services, LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 5 to 3. Regulatory assets under management went from $2,156,059,612 to $3,827,929,709 (+78%)." } ], "filing_history": [ { "period": "2022-10-01", "regulatory_assets_under_management": 460110357.0, "total_employees": 7, "filing_date": "2022-09-09" }, { "period": "2023-10-01", "regulatory_assets_under_management": 566561835.0, "total_employees": 7, "filing_date": "2023-04-12" }, { "period": "2024-10-01", "regulatory_assets_under_management": 1215303747.0, "total_employees": 9, "filing_date": "2024-09-03" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2156059612.0, "total_employees": 9, "filing_date": "2025-07-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3827929709.0, "total_employees": 9, "filing_date": "2026-08-28" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 5 to 3.", "Regulatory assets under management went from $2,156,059,612 to $3,827,929,709 (+78%)." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 30, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": null, "stated_range": null, "stated_maximum": null, "account_minimum": "$1,000,000", "account_minimum_may_be_waived": true, "minimum_annual_fee": null, "planning_fees": [], "figures": [ { "label": "Account minimum", "statements": [ "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)" ], "quotes": [ "In general, we require a minimum of $1 million to open and maintain an advisory account. At our discretion, we may waive this minimum account size." ] } ], "values": { "tiers": [], "range_pct": null, "max_pct": null, "account_minimum": 1000000.0, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "In general, we require a minimum of $1 million to open and maintain an advisory account. At our discretion, we may waive this minimum account size." ], "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 }, { "name": "Fidelity Brokerage Services LLC", "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC", "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/spearhead-administrative-services-llc-greenville-de-319289.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 22, "fewer_than_5": false, "raum": 1623364836.0 }, { "type": "insurance_companies", "label": "Insurance companies", "count": 6, "fewer_than_5": false, "raum": 2204564873.0 } ], "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/319289", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }