AdvisorCensus / Financial advisors / Connecticut / Bridgeport / Spectrum Asset Management, Inc.
Spectrum Asset Management, Inc. is an SEC-registered investment advisory firm in Stamford, CT, registered since 1987, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 5, 2026.
Quick answers
From the filingHow is Spectrum Asset Management, Inc. compensated?
On its Form ADV (Item 5.E, October 2026), Spectrum Asset Management, Inc. reports these compensation arrangements: a percentage of assets under its management.
Where is Spectrum Asset Management, Inc. located?
Spectrum Asset Management, Inc.'s principal office is in Stamford, CT, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is Spectrum Asset Management, Inc. registered with the SEC or a state?
Spectrum Asset Management, Inc. is an SEC-registered investment advisory firm, registered since 1987. Status as filed: Approved. CRD 300463.
How much does Spectrum Asset Management, Inc. manage?
Spectrum Asset Management, Inc. reports $18,296,351,612 in regulatory assets under management in its Form ADV filing dated August 5, 2026 (76% discretionary).
How have Spectrum Asset Management, Inc.'s assets and staff changed since 2021?
In the Form ADV data for Spectrum Asset Management, Inc.: Regulatory assets under management: $27,121,705,847 in the October 2021 data and $18,296,351,612 in the October 2026 data, down 33%. Total employees: 22 in October 2021 and 27 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Spectrum Asset Management, Inc. serve?
By number of clients on Form ADV Item 5.D: corporations or other businesses not listed above (50); pooled investment vehicles (other than investment companies and business development companies) (10); investment companies (7).
Which custodians does Spectrum Asset Management, Inc. use?
Spectrum Asset Management, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Bank of America Merrill Lynch, Morgan Stanley and Universal - Investment Gesellschaft MBH as custodians holding 10% or more of its separately managed account assets.
Does Spectrum Asset Management, Inc. report any disciplinary disclosures?
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/300463
Does Spectrum Asset Management, Inc. state an account minimum?
Its Form ADV Part 2A brochure dated August 5, 2026 says: "Generally, the minimum account size for opening and maintaining an account is $25 million."
What changed in Spectrum Asset Management, Inc.'s recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 12 to 14.
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
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 2AAccount minimum: $25,000,000
The brochure's wording
Generally, the minimum account size for opening and maintaining an account is $25 million.
As stated in the firm's Form ADV Part 2A brochure dated August 5, 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$18,296,351,612 as of October 2026, filing dated August 5, 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- 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
Registration and firm details
Items 1, 2, 5- Also doing business as
- PRINCIPAL GLOBAL INVESTORS DBA PRINCIPAL ASSET MANAGEMENT
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1987 (39 years)
- Employees
- Total: 27. Performing investment advisory functions: 14.
- Wrap fee program participation
- Yes.
- 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 September 2026 filing
- States registered or notice-filed
-
52 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 112 Reports 2 disclosure items on Form ADV Item 11. View on IAPD.
Questions answered yes on this filing
Regulatory matters Items 11.C to 11.G
- 11.D(2) Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4) In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. What happened, and who was involved, is on the Disclosure Reporting Pages of 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 | $18,296,351,612 | 27 | August 5, 2026 |
| October 2025 | $19,682,004,203 | 26 | April 10, 2025 |
| October 2024 | $19,017,299,092 | 25 | April 19, 2024 |
| October 2023 | $21,428,748,509 | 24 | April 14, 2023 |
| October 2022 | $28,520,870,690 | 24 | July 20, 2022 |
| October 2021 | $27,121,705,847 | 22 | October 1, 2021 |
Regulatory assets under management: $27,121,705,847 in the October 2021 data and $18,296,351,612 in the October 2026 data, down 33%.
Total employees: 22 in October 2021 and 27 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- April 2026
- Employees performing advisory functions went from 12 to 14.
- March 2026
- Updated its list of owners and control persons (Schedule A).
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. Spectrum Asset Management, Inc. (CRD 300463): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/spectrum-asset-management-inc-stamford-ct-300463