# Spiderrock Advisors, LLC

> Spiderrock Advisors, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2014, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 171992
- Filed as: SPIDERROCK ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/171992
- AdvisorCensus page: https://advisorcensus.com/firm/spiderrock-advisors-llc-chicago-il-171992

## Quick answers

**How is Spiderrock Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Spiderrock Advisors, 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 Spiderrock Advisors, LLC located?**
Spiderrock Advisors, LLC's principal office is in Chicago, IL, according to its Form ADV; the April 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

**Is Spiderrock Advisors, LLC registered with the SEC or a state?**
Spiderrock Advisors, LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 171992.

**How much does Spiderrock Advisors, LLC manage?**
Spiderrock Advisors, LLC reports $9,834,015,630 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Spiderrock Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Spiderrock Advisors, LLC: Regulatory assets under management: $2,610,907,839 in the October 2021 data and $9,834,015,630 in the October 2026 data, up 277%. Total employees: 19 in October 2021 and 61 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Spiderrock Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (2,339); high net worth individuals (1,961); corporations or other businesses not listed above (165).

**Which custodians does Spiderrock Advisors, LLC use?**
Spiderrock Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity IWS (Institutional Wealth Services), Fidelity NFS (National Financial Services), Morgan Stanley and UBS Securities LLC as custodians holding 10% or more of its separately managed account assets.

**Does Spiderrock Advisors, LLC report any disciplinary disclosures?**
Reports 6 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), 11.D(4) (another regulator's order in the past ten years), 11.G (pending regulatory proceeding), and 11.H(2) (pending civil proceeding). 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/171992

**What changed in Spiderrock Advisors, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $5,979,259,343 to $9,834,015,630 (+64%). Employees performing advisory functions went from 36 to 43. Added an office in New York, NY. Added an office in San Francisco, CA. No longer lists an office in Boston, MA. Registered or notice-filed in ND. 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))
- Charles Schwab & Co., Inc.
- Fidelity IWS (Institutional Wealth Services)
- Fidelity NFS (National Financial Services)
- Morgan Stanley
- UBS Securities LLC

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: $9,834,015,630
- Discretionary: $9,834,015,630
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 2,339 | $1,378,494,187 |
| High net worth individuals | 1,961 | $7,017,186,822 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $11,619,199 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 4 | $10,038,154 |
| Charitable organizations | 9 | $28,940,785 |
| Sovereign wealth funds and foreign official institutions | 1 | $10,000,000 |
| Corporations or other businesses not listed above | 165 | $1,377,736,483 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other

### Firm details
- Registered since: 2014 (12 years)
- Employees: 61 total, 43 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: 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, VI, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports 6 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 11.D(4): 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?
- 11.G: Is the firm or an advisory affiliate now the subject of a regulatory proceeding that could result in a yes answer to any part of 11.C, 11.D, or 11.E?
- 11.H(2): Is the firm or an advisory affiliate now the subject of a civil proceeding that could result in a yes answer to any part of 11.H(1)?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/171992

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- New York, NY
- Princeton, NJ
- San Francisco, CA

### Websites listed on Form ADV (Item 1.I)
- blackrock.com
- spiderrockadvisors.com
- Instagram @blackrock
- LinkedIn @9214832
- LinkedIn @blackrock
- TikTok @blackrock
- X @BlackRock_news
- X @blackrock
- YouTube @UC61MWzrpcsazp23LOxCsTcg

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,610,907,839 | 19 | March 29, 2021 |
| October 2022 | $2,724,457,898 | 26 | March 29, 2022 |
| October 2023 | $3,016,655,005 | 35 | March 28, 2023 |
| October 2024 | $4,853,616,658 | 38 | September 18, 2024 |
| October 2025 | $5,979,259,343 | 50 | July 30, 2025 |
| October 2026 | $9,834,015,630 | 61 | March 31, 2026 |

Regulatory assets under management: $2,610,907,839 in the October 2021 data and $9,834,015,630 in the October 2026 data, up 277%.
Total employees: 19 in October 2021 and 61 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $5,979,259,343 to $9,834,015,630 (+64%).
- Employees performing advisory functions went from 36 to 43.
- Added an office in New York, NY.
- Added an office in San Francisco, CA.
- No longer lists an office in Boston, MA.
- Registered or notice-filed in ND.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Spiderrock Advisors, LLC (CRD 171992): Form ADV filing data as of October 2026.