{
  "crd_number": 300463,
  "slug": "spectrum-asset-management-inc-stamford-ct-300463",
  "primary_business_name": "SPECTRUM ASSET MANAGEMENT, INC.",
  "legal_name": "SPECTRUM ASSET MANAGEMENT, INC.",
  "dbas": [
    "PRINCIPAL GLOBAL INVESTORS DBA PRINCIPAL ASSET MANAGEMENT"
  ],
  "city": "Stamford",
  "state": "CT",
  "country": "United States",
  "cbsa_code": "14860",
  "metro": {
    "cbsa_code": "14860",
    "common_name": "Bridgeport",
    "msa_name": "Bridgeport-Stamford-Danbury, CT",
    "path": "/advisors/ct/bridgeport"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1987-09-28",
  "years_registered": 39,
  "period": "2026-10-01",
  "filing_date": "2026-08-05",
  "carried_forward": false,
  "raum_total": 18296351612.0,
  "raum_discretionary": 13912453814.0,
  "raum_non_discretionary": 4383897798.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 27,
  "advisory_employees": 14,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "insurance_companies": {
      "raum": 485455288.0,
      "count": 6
    },
    "investment_companies": {
      "raum": 8083367608.0,
      "count": 7
    },
    "high_net_worth_individuals": {
      "raum": 4524455.0,
      "count": 1,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 4307704040.0,
      "count": 10
    },
    "corporations_other_businesses": {
      "raum": 5415300221.0,
      "count": 50
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 2,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "PR",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://samipfd.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/300463",
  "disclosure_items": [
    {
      "item": "11.D(2)",
      "question": "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?"
    },
    {
      "item": "11.D(4)",
      "question": "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?"
    }
  ],
  "city_as_filed": "STAMFORD",
  "url": "https://advisorcensus.com/firm/spectrum-asset-management-inc-stamford-ct-300463",
  "display_name": "Spectrum Asset Management, Inc.",
  "summary": "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.",
  "citation": "AdvisorCensus. Spectrum Asset Management, Inc. (CRD 300463): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "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"
  ],
  "quick_answers": [
    {
      "q": "How is Spectrum Asset Management, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Spectrum Asset Management, Inc. reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Spectrum Asset Management, Inc. located?",
      "a": "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)."
    },
    {
      "q": "Is Spectrum Asset Management, Inc. registered with the SEC or a state?",
      "a": "Spectrum Asset Management, Inc. is an SEC-registered investment advisory firm, registered since 1987. Status as filed: Approved. CRD 300463."
    },
    {
      "q": "How much does Spectrum Asset Management, Inc. manage?",
      "a": "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)."
    },
    {
      "q": "How have Spectrum Asset Management, Inc.'s assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does Spectrum Asset Management, Inc. serve?",
      "a": "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)."
    },
    {
      "q": "Which custodians does Spectrum Asset Management, Inc. use?",
      "a": "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."
    },
    {
      "q": "Does Spectrum Asset Management, Inc. report any disciplinary disclosures?",
      "a": "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"
    },
    {
      "q": "Does Spectrum Asset Management, Inc. state an account minimum?",
      "a": "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.\""
    },
    {
      "q": "What changed in Spectrum Asset Management, Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 12 to 14."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 27121705847.0,
      "total_employees": 22,
      "filing_date": "2021-10-01"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 28520870690.0,
      "total_employees": 24,
      "filing_date": "2022-07-20"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 21428748509.0,
      "total_employees": 24,
      "filing_date": "2023-04-14"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 19017299092.0,
      "total_employees": 25,
      "filing_date": "2024-04-19"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 19682004203.0,
      "total_employees": 26,
      "filing_date": "2025-04-10"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 18296351612.0,
      "total_employees": 27,
      "filing_date": "2026-08-05"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 12 to 14."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated August 5, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$25,000,000",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $25,000,000"
        ],
        "quotes": [
          "Generally, the minimum account size for opening and maintaining an account is $25 million."
        ]
      }
    ],
    "quotes": [
      "Generally, the minimum account size for opening and maintaining an account is $25 million."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Bank of America Merrill Lynch",
      "name_as_filed": "BANK OF AMERICA MERRILL LYNCH",
      "affiliated": false
    },
    {
      "name": "Morgan Stanley",
      "name_as_filed": "MORGAN STANLEY",
      "affiliated": false
    },
    {
      "name": "Universal - Investment Gesellschaft MBH",
      "name_as_filed": "UNIVERSAL - INVESTMENT GESELLSCHAFT MBH",
      "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/spectrum-asset-management-inc-stamford-ct-300463.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 1,
      "fewer_than_5": true,
      "raum": 4524455.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 7,
      "fewer_than_5": false,
      "raum": 8083367608.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 10,
      "fewer_than_5": false,
      "raum": 4307704040.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 6,
      "fewer_than_5": false,
      "raum": 485455288.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 50,
      "fewer_than_5": false,
      "raum": 5415300221.0
    }
  ],
  "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.",
  "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/300463",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}