AdvisorCensus / Financial advisors / California / San Francisco / Spectrum Financial Management
Spectrum Financial Management
Filed as SPECTRUM FINANCIAL MANAGEMENT · Legal name Friedlander, Brenda S
Spectrum Financial Management is an SEC-registered investment advisory firm in San Rafael, CA, registered since 2003, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.
Quick answers
From the filingHow is Spectrum Financial Management compensated?
On its Form ADV (Item 5.E, October 2026), Spectrum Financial Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).
What does Spectrum Financial Management's brochure say about its fees?
Its Form ADV Part 2A brochure dated March 27, 2026 states: Up to $1,000,000: 1% a year; Above $1,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Spectrum Financial Management located?
Spectrum Financial Management's principal office is in San Rafael, CA, according to its Form ADV.
Is Spectrum Financial Management registered with the SEC or a state?
Spectrum Financial Management is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 127746.
How much does Spectrum Financial Management manage?
Spectrum Financial Management reports $278,056,086 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (97% discretionary).
How have Spectrum Financial Management's assets and staff changed since 2021?
In the Form ADV data for Spectrum Financial Management: Regulatory assets under management: $186,656,737 in the October 2021 data and $278,056,086 in the October 2026 data, up 49%. Total employees: 2 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Spectrum Financial Management serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (93); individuals (other than high net worth individuals) (57).
Which custodians does Spectrum Financial Management use?
Spectrum Financial 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.
Does Spectrum Financial Management 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/127746
Does Spectrum Financial Management state an account minimum?
Its Form ADV Part 2A brochure dated March 27, 2026 says: "We have established a $1,000,000 minimum portfolio value for establishing a client relationship with our Firm. This minimum may be waived in certain circumstances."
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
- Fixed fees (other than subscription fees)
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 2A| Assets | Annual rate |
|---|---|
| Up to $1,000,000 | 1% |
| Above $1,000,000 | 0.5% |
The brochure's wording
Unless otherwise negotiated between the Firm and the client, the annual fee is calculated according to the following standard fee schedule: Spectrum Financial Management Fee Schedule Value of Account Assets Annual Billing Rate On assets valued up to $1 million 1.00% On assets valued above $1 million 0.50%
Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
We have established a $1,000,000 minimum portfolio value for establishing a client relationship with our Firm. This minimum may be waived in certain circumstances.
As stated in the firm's Form ADV Part 2A brochure dated March 27, 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$278,056,086 as of October 2026, filing dated March 27, 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- Financial planning services
- Portfolio management for individuals and/or small businesses
Registration and firm details
Items 1, 2, 5- Legal name
- Friedlander, Brenda S
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2003 (23 years)
- Employees
- Total: 4. Performing investment advisory functions: 2.
- Wrap fee program participation
- No.
- 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.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on 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 | $278,056,086 | 4 | March 27, 2026 |
| October 2025 | $255,982,176 | 4 | April 24, 2025 |
| October 2024 | $227,925,992 | 4 | March 27, 2024 |
| October 2023 | $185,936,809 | 4 | March 27, 2023 |
| October 2022 | $211,887,453 | 3 | March 28, 2022 |
| October 2021 | $186,656,737 | 2 | March 29, 2021 |
Regulatory assets under management: $186,656,737 in the October 2021 data and $278,056,086 in the October 2026 data, up 49%.
Total employees: 2 in October 2021 and 4 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 monthsNo changes to these filed facts in the last 12 months of filing data.
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 Financial Management (CRD 127746): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/spectrum-financial-management-san-rafael-ca-127746