{ "crd_number": 149343, "slug": "spider-management-company-llc-richmond-va-149343", "primary_business_name": "SPIDER MANAGEMENT COMPANY, LLC", "legal_name": "SPIDER MANAGEMENT COMPANY, LLC", "dbas": [], "city": "Richmond", "state": "VA", "country": "United States", "cbsa_code": "40060", "metro": { "cbsa_code": "40060", "common_name": "Richmond", "msa_name": "Richmond, VA", "path": "/advisors/va/richmond" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2010-01-05", "years_registered": 16, "period": "2026-10-01", "filing_date": "2026-09-28", "carried_forward": false, "raum_total": 8107468683.0, "raum_discretionary": 8107468683.0, "raum_non_discretionary": 0.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 22, "advisory_employees": 9, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "charitable": { "raum": 4395004483.0, "count": null, "fewer_than_5": true }, "pooled_investment_vehicles": { "raum": 3712464200.0, "count": 1 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_pooled_vehicles", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "VA" ], "websites": [ "https://iam.intralinks.com/idp/login", "https://linkedin.com/COMPANY/SPIDER-MANAGEMENT-COMPANY-LLC", "https://smc.richmond.edu", "https://spiderinvests.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/149343", "city_as_filed": "RICHMOND", "url": "https://advisorcensus.com/firm/spider-management-company-llc-richmond-va-149343", "display_name": "Spider Management Company, LLC", "summary": "Spider Management Company, LLC is an SEC-registered investment advisory firm in Richmond, VA, registered since 2010, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 28, 2026.", "citation": "AdvisorCensus. Spider Management Company, LLC (CRD 149343): 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 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)" ], "quick_answers": [ { "q": "How is Spider Management Company, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Spider Management Company, LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Spider Management Company, LLC located?", "a": "Spider Management Company, LLC's principal office is in Richmond, VA, according to its Form ADV." }, { "q": "Is Spider Management Company, LLC registered with the SEC or a state?", "a": "Spider Management Company, LLC is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 149343." }, { "q": "How much does Spider Management Company, LLC manage?", "a": "Spider Management Company, LLC reports $8,107,468,683 in regulatory assets under management in its Form ADV filing dated September 28, 2026 (100% discretionary)." }, { "q": "How have Spider Management Company, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Spider Management Company, LLC: Regulatory assets under management: $6,159,256,706 in the October 2021 data and $8,107,468,683 in the October 2026 data, up 32%. Total employees: 18 in October 2021 and 22 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Spider Management Company, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1)." }, { "q": "Which custodians does Spider Management Company, LLC use?", "a": "Spider Management Company, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Northern Trust as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Spider Management Company, LLC report any disciplinary disclosures?", "a": "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/149343" }, { "q": "What changed in Spider Management Company, LLC's recent Form ADV filings?", "a": "In the October 2026 filing data: Employees performing advisory functions went from 10 to 9. Regulatory assets under management went from $6,413,329,387 to $8,107,468,683 (+26%). Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 6159256706.0, "total_employees": 18, "filing_date": "2021-09-28" }, { "period": "2022-10-01", "regulatory_assets_under_management": 5839448527.0, "total_employees": 16, "filing_date": "2022-09-28" }, { "period": "2023-10-01", "regulatory_assets_under_management": 5912022697.0, "total_employees": 19, "filing_date": "2023-09-27" }, { "period": "2024-10-01", "regulatory_assets_under_management": 6056052181.0, "total_employees": 22, "filing_date": "2024-09-26" }, { "period": "2025-10-01", "regulatory_assets_under_management": 6056052181.0, "total_employees": 22, "filing_date": "2024-09-26" }, { "period": "2026-10-01", "regulatory_assets_under_management": 8107468683.0, "total_employees": 22, "filing_date": "2026-09-28" } ], "recent_changes": [ { "period": "2026-10-01", "period_label": "October 2026", "notes": [ "Employees performing advisory functions went from 10 to 9.", "Regulatory assets under management went from $6,413,329,387 to $8,107,468,683 (+26%).", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Northern Trust", "name_as_filed": "NORTHERN TRUST", "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/spider-management-company-llc-richmond-va-149343.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 1, "fewer_than_5": false, "raum": 3712464200.0 }, { "type": "charitable", "label": "Charitable organizations", "count": null, "fewer_than_5": true, "raum": 4395004483.0 } ], "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/149343", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }