# Spirit of America Management Corp

> Spirit of America Management Corp is an SEC-registered investment advisory firm in Syosset, NY, registered since 1997, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated January 23, 2026.

- CRD: 110023
- Filed as: SPIRIT OF AMERICA MANAGEMENT CORP
- Also doing business as: SOA PREMIER ASSETS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Syosset, NY
- Filing period: October 2026
- Form ADV filing dated: January 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/110023
- AdvisorCensus page: https://advisorcensus.com/firm/spirit-of-america-management-corp-syosset-ny-110023

## Quick answers

**How is Spirit of America Management Corp compensated?**
On its Form ADV (Item 5.E, October 2026), Spirit of America Management Corp 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 Spirit of America Management Corp located?**
Spirit of America Management Corp's principal office is in Syosset, NY, according to its Form ADV; the February 2026 filing also lists 4 other offices (Schedule D, Section 1.F).

**Is Spirit of America Management Corp registered with the SEC or a state?**
Spirit of America Management Corp is an SEC-registered investment advisory firm, registered since 1997. Status as filed: Approved. CRD 110023.

**How much does Spirit of America Management Corp manage?**
Spirit of America Management Corp reports $540,005,248 in regulatory assets under management in its Form ADV filing dated January 23, 2026 (100% discretionary).

**How have Spirit of America Management Corp's assets and staff changed since 2021?**
In the Form ADV data for Spirit of America Management Corp: Regulatory assets under management: $610,710,867 in the October 2021 data and $540,005,248 in the October 2026 data, down 12%. Total employees: 48 in October 2021 and 35 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Spirit of America Management Corp serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (20); investment companies (1).

**Which custodians does Spirit of America Management Corp use?**
Spirit of America Management Corp's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists RBC Capital Markets, LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Spirit of America Management Corp 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/110023

**What changed in Spirit of America Management Corp's recent Form ADV filings?**
In the February 2026 filing data: Employees performing advisory functions went from 33 to 32.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- RBC Capital Markets, 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: $540,005,248
- Discretionary: $540,005,248
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 20 | $5,296,074 |
| Investment companies | 1 | $534,709,174 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)

### Firm details
- Registered since: 1997 (29 years)
- Employees: 35 total, 32 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CT, FL, NJ, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the February 2026 filing
- Boca Raton, FL
- Lawrenceville, NJ
- Westport, CT
- White Plains, NY

### Websites listed on Form ADV (Item 1.I)
- [soafunds.com](https://soafunds.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $610,710,867 | 48 | February 25, 2021 |
| October 2022 | $688,582,118 | 43 | February 8, 2022 |
| October 2023 | $576,255,405 | 43 | March 9, 2023 |
| October 2024 | $568,673,465 | 39 | January 25, 2024 |
| October 2025 | $584,755,932 | 36 | February 3, 2025 |
| October 2026 | $540,005,248 | 35 | January 23, 2026 |

Regulatory assets under management: $610,710,867 in the October 2021 data and $540,005,248 in the October 2026 data, down 12%.
Total employees: 48 in October 2021 and 35 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Employees performing advisory functions went from 33 to 32.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Spirit of America Management Corp (CRD 110023): Form ADV filing data as of October 2026.