# Spearhead Administrative Services, LLC

> 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.

- CRD: 319289
- Filed as: SPEARHEAD ADMINISTRATIVE SERVICES, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Greenville, DE
- Filing period: October 2026
- Form ADV filing dated: August 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/319289
- AdvisorCensus page: https://advisorcensus.com/firm/spearhead-administrative-services-llc-greenville-de-319289

## Quick answers

**How is Spearhead Administrative Services, LLC compensated?**
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.

**Where is Spearhead Administrative Services, LLC located?**
Spearhead Administrative Services, LLC's principal office is in Greenville, DE, according to its Form ADV.

**Is Spearhead Administrative Services, LLC registered with the SEC or a state?**
Spearhead Administrative Services, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 319289.

**How much does Spearhead Administrative Services, LLC manage?**
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).

**How have Spearhead Administrative Services, LLC's assets and staff changed since 2022?**
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.

**What types of clients does Spearhead Administrative Services, LLC serve?**
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).

**Which custodians does Spearhead Administrative Services, LLC use?**
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.

**Does Spearhead Administrative Services, LLC 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/319289

**Does Spearhead Administrative Services, LLC state an account minimum?**
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."

**What changed in Spearhead Administrative Services, LLC's recent Form ADV filings?**
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%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> 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.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $3,827,929,709
- Discretionary: $3,827,929,709
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 22 | $1,623,364,836 |
| Insurance companies | 6 | $2,204,564,873 |

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

### Firm details
- Registered since: 2022 (4 years)
- Employees: 9 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: DE, FL, MA, NJ, PA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- spearheadadmin.com
- LinkedIn @spearhead-administrative-services

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $460,110,357 | 7 | September 9, 2022 |
| October 2023 | $566,561,835 | 7 | April 12, 2023 |
| October 2024 | $1,215,303,747 | 9 | September 3, 2024 |
| October 2025 | $2,156,059,612 | 9 | July 31, 2025 |
| October 2026 | $3,827,929,709 | 9 | August 28, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- 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%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Spearhead Administrative Services, LLC (CRD 319289): Form ADV filing data as of October 2026.