{
  "crd_number": 120956,
  "slug": "troy-r-spratley-investment-advisory-towson-md-120956",
  "primary_business_name": "TROY R. SPRATLEY INVESTMENT ADVISORY",
  "legal_name": "SPRATLEY, TROY , RONALD",
  "dbas": [],
  "city": "Towson",
  "state": "MD",
  "country": "United States",
  "cbsa_code": "12580",
  "metro": {
    "cbsa_code": "12580",
    "common_name": "Baltimore",
    "msa_name": "Baltimore-Columbia-Towson, MD",
    "path": "/advisors/md/baltimore"
  },
  "registration_type": "state",
  "registration_status": "APPROVED",
  "registration_date": "2000-01-01",
  "years_registered": 26,
  "period": "2026-10-01",
  "filing_date": "2015-03-12",
  "carried_forward": false,
  "raum_total": 1560000.0,
  "raum_discretionary": 1500000.0,
  "raum_non_discretionary": 60000.0,
  "raum_band": "under_25m",
  "raum_band_label": "Under $25 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": null,
  "compensation_types": [
    "commissions",
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": null,
  "disclosure_yes_count": 0,
  "states_registered": [
    "MD",
    "OH"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/120956",
  "city_as_filed": "TOWSON",
  "url": "https://advisorcensus.com/firm/troy-r-spratley-investment-advisory-towson-md-120956",
  "display_name": "Troy R. Spratley Investment Advisory",
  "summary": "Troy R. Spratley Investment Advisory is a state-registered investment advisory firm in Towson, MD, registered since 2000, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 12, 2015.",
  "citation": "AdvisorCensus. Troy R. Spratley Investment Advisory (CRD 120956): Form ADV filing data as of October 2026.",
  "registration_type_label": "State-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)",
    "Commissions"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Troy R. Spratley Investment Advisory compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Troy R. Spratley Investment Advisory reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); commissions. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Troy R. Spratley Investment Advisory located?",
      "a": "Troy R. Spratley Investment Advisory's principal office is in Towson, MD, according to its Form ADV."
    },
    {
      "q": "Is Troy R. Spratley Investment Advisory registered with the SEC or a state?",
      "a": "Troy R. Spratley Investment Advisory is a state-registered investment advisory firm, registered since 2000. Status as filed: APPROVED. CRD 120956."
    },
    {
      "q": "How much does Troy R. Spratley Investment Advisory manage?",
      "a": "Troy R. Spratley Investment Advisory reports $1,560,000 in regulatory assets under management in its Form ADV filing dated March 12, 2015 (96% discretionary)."
    },
    {
      "q": "Does Troy R. Spratley Investment Advisory report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/120956"
    }
  ],
  "filing_history": [],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/troy-r-spratley-investment-advisory-towson-md-120956.md",
  "clients": [],
  "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/120956",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}