# Spider Management Company, LLC

> 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.

- CRD: 149343
- Filed as: SPIDER MANAGEMENT COMPANY, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Richmond, VA
- Filing period: October 2026
- Form ADV filing dated: September 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/149343
- AdvisorCensus page: https://advisorcensus.com/firm/spider-management-company-llc-richmond-va-149343

## Quick answers

**How is Spider Management Company, LLC compensated?**
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.

**Where is Spider Management Company, LLC located?**
Spider Management Company, LLC's principal office is in Richmond, VA, according to its Form ADV.

**Is Spider Management Company, LLC registered with the SEC or a state?**
Spider Management Company, LLC is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 149343.

**How much does Spider Management Company, LLC manage?**
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).

**How have Spider Management Company, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Spider Management Company, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Which custodians does Spider Management Company, LLC use?**
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.

**Does Spider Management Company, LLC 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/149343

**What changed in Spider Management Company, LLC's recent Form ADV filings?**
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).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Custodians (Schedule D, Section 5.K(3))
- Northern Trust

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.

### Regulatory assets under management (Item 5.F)
- Total: $8,107,468,683
- Discretionary: $8,107,468,683
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $3,712,464,200 |
| Charitable organizations | Fewer than 5 | $4,395,004,483 |

### Advisory services (Item 5.G)
- 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)

### Firm details
- Registered since: 2010 (16 years)
- Employees: 22 total, 9 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [iam.intralinks.com/idp/login](https://iam.intralinks.com/idp/login)
- [smc.richmond.edu](https://smc.richmond.edu)
- [spiderinvests.com](https://spiderinvests.com)
- LinkedIn @SPIDER-MANAGEMENT-COMPANY-LLC

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $6,159,256,706 | 18 | September 28, 2021 |
| October 2022 | $5,839,448,527 | 16 | September 28, 2022 |
| October 2023 | $5,912,022,697 | 19 | September 27, 2023 |
| October 2024 | $6,056,052,181 | 22 | September 26, 2024 |
| October 2025 | $6,056,052,181 | 22 | September 26, 2024 |
| October 2026 | $8,107,468,683 | 22 | September 28, 2026 |

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.

## Changes in the filing (last 12 months)

### October 2026
- 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).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Spider Management Company, LLC (CRD 149343): Form ADV filing data as of October 2026.