{
  "crd_number": 338643,
  "slug": "spring-street-wealth-new-york-ny-338643",
  "primary_business_name": "SPRING STREET WEALTH",
  "legal_name": "SPRING STREET WEALTH, LLC",
  "dbas": [],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-11-13",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-07-07",
  "carried_forward": false,
  "raum_total": 26440000.0,
  "raum_discretionary": 24440000.0,
  "raum_non_discretionary": 2000000.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 4400000.0,
      "count": 13
    },
    "pension_profit_sharing": {
      "raum": 40000.0,
      "count": 2
    },
    "high_net_worth_individuals": {
      "raum": 22000000.0,
      "count": 15
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NJ",
    "NY"
  ],
  "websites": [
    "https://linkedin.com/company/109810720/admin/dashboard",
    "https://springstreetwealth.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/338643",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/spring-street-wealth-new-york-ny-338643",
  "display_name": "Spring Street Wealth",
  "summary": "Spring Street Wealth is an SEC-registered investment advisory firm in New York, NY, registered since 2025, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated July 7, 2026.",
  "citation": "AdvisorCensus. Spring Street Wealth (CRD 338643): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Spring Street Wealth compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Spring Street Wealth reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "What does Spring Street Wealth's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated July 7, 2026 states: Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Spring Street Wealth located?",
      "a": "Spring Street Wealth's principal office is in New York, NY, according to its Form ADV."
    },
    {
      "q": "Is Spring Street Wealth registered with the SEC or a state?",
      "a": "Spring Street Wealth is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 338643."
    },
    {
      "q": "How much does Spring Street Wealth manage?",
      "a": "Spring Street Wealth reports $26,440,000 in regulatory assets under management in its Form ADV filing dated July 7, 2026 (92% discretionary)."
    },
    {
      "q": "What types of clients does Spring Street Wealth serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (15); individuals (other than high net worth individuals) (13); pension and profit sharing plans (but not the plan participants or government pension plans) (2)."
    },
    {
      "q": "Which custodians does Spring Street Wealth use?",
      "a": "Spring Street Wealth's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Spring Street Wealth 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/338643"
    },
    {
      "q": "Does Spring Street Wealth state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated July 7, 2026 says: \"The Firm imposes an account minimum of $1,000,000, which may be waived in the Firm’s discretion.\""
    },
    {
      "q": "What changed in Spring Street Wealth's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $0 to $26,440,000. Registered or notice-filed in NJ."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $0 to $26,440,000.",
        "Registered or notice-filed in NJ."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Newly registered with the SEC.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated July 7, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "1.5% of assets a year",
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "Fees for individually managed accounts are charged based on a percentage of assets under management up to 1.5% annually. Fees are negotiable based on factors such as asset size, anticipated future assets, related accounts, and complexity of client needs."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "The Firm imposes an account minimum of $1,000,000, which may be waived in the Firm’s discretion."
        ]
      }
    ],
    "quotes": [
      "Fees for individually managed accounts are charged based on a percentage of assets under management up to 1.5% annually. Fees are negotiable based on factors such as asset size, anticipated future assets, related accounts, and complexity of client needs.",
      "The Firm imposes an account minimum of $1,000,000, which may be waived in the Firm’s discretion."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/spring-street-wealth-new-york-ny-338643.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 13,
      "fewer_than_5": false,
      "raum": 4400000.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 15,
      "fewer_than_5": false,
      "raum": 22000000.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 2,
      "fewer_than_5": false,
      "raum": 40000.0
    }
  ],
  "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/338643",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}