# Spring Lake Asset Management, Inc.

> 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.

- CRD: 283750
- Filed as: SPRING LAKE ASSET MANAGEMENT, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: March 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/283750
- AdvisorCensus page: https://advisorcensus.com/firm/spring-lake-asset-management-inc-283750

## Quick answers

**How is Spring Lake Asset Management, Inc. compensated?**
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.

**How much does Spring Lake Asset Management, Inc. charge?**
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.

**Is Spring Lake Asset Management, Inc. registered with the SEC or a state?**
Spring Lake Asset Management, Inc. is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 283750.

**How much does Spring Lake Asset Management, Inc. manage?**
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).

**How have Spring Lake Asset Management, Inc.'s assets and staff changed since 2021?**
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.

**What types of clients does Spring Lake Asset Management, Inc. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

**Does Spring Lake Asset Management, Inc. 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/283750

**Does Spring Lake Asset Management, Inc. state an account minimum?**
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."

**What changed in Spring Lake Asset Management, Inc.'s recent Form ADV filings?**
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.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 20, 2026)

- Asset-based fee: 1.5% of assets a year

> 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.

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> 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.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $1,472,333,834
- Discretionary: $1,472,333,834
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $1,472,333,834 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2016 (10 years)
- Employees: 10 total, 8 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, MI, NV
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Summit, NJ
- Williamsburg, MI

### Websites listed on Form ADV (Item 1.I)
- springlakeassetmanagement.com
- LinkedIn @spring-lake-asset-management-inc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $890,733,295 | 7 | June 2, 2021 |
| October 2022 | $1,131,166,958 | 7 | May 5, 2022 |
| October 2023 | $836,636,656 | 8 | March 14, 2023 |
| October 2024 | $1,085,978,179 | 8 | March 19, 2024 |
| October 2025 | $1,117,593,761 | 8 | March 26, 2025 |
| October 2026 | $1,472,333,834 | 10 | March 20, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- 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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Spring Lake Asset Management, Inc. (CRD 283750): Form ADV filing data as of October 2026.