{
  "crd_number": 312505,
  "slug": "spicer-capital-312505",
  "primary_business_name": "SPICER CAPITAL",
  "legal_name": "SPICER CAPITAL, LLC",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "state",
  "registration_status": "APPROVED",
  "registration_date": "2023-01-20",
  "years_registered": 3,
  "period": "2026-10-01",
  "filing_date": "2026-03-30",
  "carried_forward": false,
  "raum_total": 9630000.0,
  "raum_discretionary": 8340000.0,
  "raum_non_discretionary": 1290000.0,
  "raum_band": "under_25m",
  "raum_band_label": "Under $25 million",
  "total_employees": 2,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 5630000.0,
      "count": 35
    },
    "high_net_worth_individuals": {
      "raum": 4000000.0,
      "count": 6
    }
  },
  "compensation_types": [
    "commissions",
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AR"
  ],
  "websites": [
    "https://spicercapital.com",
    "https://university.spicercapital.com",
    "https://youtube.com/channel/UCCT0Wyv-6exFtHoC4TGgr0Q"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/312505",
  "listing_state": "AR",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/spicer-capital-312505",
  "display_name": "Spicer Capital",
  "summary": "Spicer Capital is a state-registered investment advisory firm, registered since 2023, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.",
  "citation": "AdvisorCensus. Spicer Capital (CRD 312505): Form ADV filing data as of October 2026.",
  "registration_type_label": "State-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Commissions"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Spicer Capital compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Spicer Capital reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); commissions. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Is Spicer Capital registered with the SEC or a state?",
      "a": "Spicer Capital is a state-registered investment advisory firm, registered since 2023. Status as filed: APPROVED. CRD 312505."
    },
    {
      "q": "How much does Spicer Capital manage?",
      "a": "Spicer Capital reports $9,630,000 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (87% discretionary)."
    },
    {
      "q": "What types of clients does Spicer Capital serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (35); high net worth individuals (6)."
    },
    {
      "q": "Does Spicer Capital report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/312505"
    }
  ],
  "filing_history": [],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/spicer-capital-312505.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 35,
      "fewer_than_5": false,
      "raum": 5630000.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 6,
      "fewer_than_5": false,
      "raum": 4000000.0
    }
  ],
  "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/312505",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}