{ "crd_number": 283750, "slug": "spring-lake-asset-management-inc-283750", "primary_business_name": "SPRING LAKE ASSET MANAGEMENT, INC.", "legal_name": "SPRING LAKE ASSET MANAGEMENT, INC.", "dbas": [], "city": null, "state": null, "country": null, "cbsa_code": null, "metro": null, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2016-07-29", "years_registered": 10, "period": "2026-10-01", "filing_date": "2026-03-20", "carried_forward": false, "raum_total": 1472333834.0, "raum_discretionary": 1472333834.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 10, "advisory_employees": 8, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 1472333834.0, "count": 4 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "FL", "MI", "NV" ], "websites": [ "https://linkedin.com/company/spring-lake-asset-management-inc", "https://springlakeassetmanagement.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/283750", "city_as_filed": null, "url": "https://advisorcensus.com/firm/spring-lake-asset-management-inc-283750", "display_name": "Spring Lake Asset Management, Inc.", "summary": "Spring Lake Asset Management, Inc. is an SEC-registered investment advisory firm, registered since 2016, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 20, 2026.", "citation": "AdvisorCensus. Spring Lake Asset Management, Inc. (CRD 283750): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Spring Lake Asset Management, Inc. compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Spring Lake Asset Management, Inc. reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "How much does Spring Lake Asset Management, Inc. charge?", "a": "Its Form ADV Part 2A brochure dated March 20, 2026 states: Asset-based fee: 1.5% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement." }, { "q": "Is Spring Lake Asset Management, Inc. registered with the SEC or a state?", "a": "Spring Lake Asset Management, Inc. is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 283750." }, { "q": "How much does Spring Lake Asset Management, Inc. manage?", "a": "Spring Lake Asset Management, Inc. reports $1,472,333,834 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (100% discretionary)." }, { "q": "How have Spring Lake Asset Management, Inc.'s assets and staff changed since 2021?", "a": "In the Form ADV data for Spring Lake Asset Management, Inc.: Regulatory assets under management: $890,733,295 in the October 2021 data and $1,472,333,834 in the October 2026 data, up 65%. Total employees: 7 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Spring Lake Asset Management, Inc. serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4)." }, { "q": "Does Spring Lake Asset Management, Inc. 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/283750" }, { "q": "Does Spring Lake Asset Management, Inc. state an account minimum?", "a": "Its Form ADV Part 2A brochure dated March 20, 2026 says: \"The current minimum initial investment in the Fund s is $1,000,000. However, Adviser may, in its sole discretion, permit investments that are less than this minimum.\"" }, { "q": "What changed in Spring Lake Asset Management, Inc.'s recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 6 to 8. Regulatory assets under management went from $1,117,593,761 to $1,472,333,834 (+32%). Added an office in Summit, NJ." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 890733295.0, "total_employees": 7, "filing_date": "2021-06-02" }, { "period": "2022-10-01", "regulatory_assets_under_management": 1131166958.0, "total_employees": 7, "filing_date": "2022-05-05" }, { "period": "2023-10-01", "regulatory_assets_under_management": 836636656.0, "total_employees": 8, "filing_date": "2023-03-14" }, { "period": "2024-10-01", "regulatory_assets_under_management": 1085978179.0, "total_employees": 8, "filing_date": "2024-03-19" }, { "period": "2025-10-01", "regulatory_assets_under_management": 1117593761.0, "total_employees": 8, "filing_date": "2025-03-26" }, { "period": "2026-10-01", "regulatory_assets_under_management": 1472333834.0, "total_employees": 10, "filing_date": "2026-03-20" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 6 to 8.", "Regulatory assets under management went from $1,117,593,761 to $1,472,333,834 (+32%).", "Added an office in Summit, NJ." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 20, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": "1.5% of assets a year", "stated_range": null, "stated_maximum": null, "account_minimum": "$1,000,000", "account_minimum_may_be_waived": true, "minimum_annual_fee": null, "planning_fees": [], "figures": [ { "label": "Asset-based fee", "statements": [ "Asset-based fee: 1.5% of assets a year" ], "quotes": [ "As compensation for investment advisory services rendered to the Funds, Adviser receives an annual management fee (“Management Fee”) equal to 1.50% of the Funds’ assets." ] }, { "label": "Account minimum", "statements": [ "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)" ], "quotes": [ "The current minimum initial investment in the Fund s is $1,000,000. However, Adviser may, in its sole discretion, permit investments that are less than this minimum." ] } ], "values": { "tiers": [ { "min": null, "max": null, "rate_pct": 1.5 } ], "range_pct": null, "max_pct": null, "account_minimum": 1000000.0, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "As compensation for investment advisory services rendered to the Funds, Adviser receives an annual management fee (“Management Fee”) equal to 1.50% of the Funds’ assets.", "The current minimum initial investment in the Fund s is $1,000,000. However, Adviser may, in its sole discretion, permit investments that are less than this minimum." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/spring-lake-asset-management-inc-283750.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 4, "fewer_than_5": false, "raum": 1472333834.0 } ], "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/283750", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }