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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 1b 10b

SP ASSET MANAGEMENT LLC

CRD 323369

CUPERTINO, CA

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Search this name across graphsid dfx:ria:02579c08-e9a0-0da9-0ca9-17a86651f233

Data as of Mar 30, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 6:54 AM UTC and rebuilt at most every 15 minutes.

Relationships: 7
Dated events: 4
On other graphs: 2
Observed: Sep 6, 2022 to Mar 30, 2026
8 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Private Equityidentity

SP Asset Management LLC

Private equity manager · shared crd

Independent Sponsorsidentity

SP Asset Management LLC

Capital provider to sponsors · shared crd

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=0.97 fund_share=0.01 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $1.9BItem 5.F on the latest filing (2026-03-30); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $1.5B
Private client RAUM: $1.8BderivedItem 5.D individuals plus high net worth individuals
Private client share: 97%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 3
RAUM per advisor: $632Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 3
Advisory employees: 3
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 897
High net worth clients: 207
Private funds: 1Schedule D 7.B(1)
Custody, client assets: $1.8B
SEC number: 801-126698
CIK: 1962086
CRD: 323369
Filings on the tape: 8
First filed: Sep 6, 2022
Latest filed: Mar 30, 2026
Organised: Limited Liability Company, CA
Website: spassetmanagement.net

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
Lucas Andrew Mosher	n/a	CUPERTINO, CA	3	10	3	no
SANDEEP MADHAVLAL PANDYA	n/a	CUPERTINO, CA	3	31	n/a	no
RAZVAN CHRISTIAN RAICU	Certified Financial Planner	MISSION VIEJO, CA \| CUPERTINO, CA	1	15	2	no

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
SP- ACCOLADE SPV, LP	Private Equity Fund	$14.3M	Mar 30, 2026	45	Mar 29, 2022	reported	n/a

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
PANDYA, MIHIR, SANDEEP	Trustee	Na	yes	03/2025	Mar 30, 2026	Mar 30, 2026
PANDYA, RUCHI, SANDEEP	Trustee	Na	yes	03/2025	Mar 30, 2026	Mar 30, 2026
PANDYA, SANDEEP, MADHAVLAL	CHIEF COMPLIANCE OFFICER	E	yes	01/2022	Mar 30, 2026	Mar 30, 2026
PANDYA, PARUL, SANDEEP	Owner	A	no	01/2022	Mar 30, 2026	Mar 30, 2026

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
PANDYA INSURANCE SERVICES, LLC	n/a	n/a	n/a	Y	yes	n/a

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Private funds	Fund GAV
2025	Mar 30, 2026	$1.9B	$1.5B	3	3	1	n/a
2024	Mar 31, 2025	$1.7B	$1.3B	3	3	1	n/a
2023	Mar 28, 2024	$1.4B	$973M	3	3	1	$4.3M
2022	Jan 31, 2023	$1.1B	$727M	2	2	1	$0

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	1	1

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$1.9B	$1.7B	10.8%	$1.1B	21.0%	3	3	0	0

Relationships

Registered with (4)

← RAZVAN CHRISTIAN RAICUAdvisorregistration: current employment
Oct 28, 2024 to presentfactForm ADV
← SANDEEP MADHAVLAL PANDYAAdvisorregistration: current employment
Jun 22, 2023 to presentfactForm ADV
← Lucas Andrew MosherAdvisorregistration: current employment
Feb 1, 2023 to presentfactForm ADV
← Rahul SarinAdvisorregistration: previous registration
Jun 9, 2023 to Aug 21, 2024factForm ADV

Advises (1)

→ SP- ACCOLADE SPV, LPPrivate fundPrivate Equity Fund, IA
Mar 29, 2022 to presentfactForm ADV

Controls (1)

← PANDYA, SANDEEPOwnerCHIEF COMPLIANCE OFFICER, ownership code E, individual
Sep 6, 2022 to Mar 28, 2024factForm ADV

Owns (1)

← Pandya, ParulOwnerOWNER, ownership code A, individual
Mar 28, 2024 to Mar 28, 2024factForm ADV

Dated events

Occurred
Aug 21, 2024
Advisor changed firm
Rahul Sarin left Sp Asset Management Llc for Risa Wealth Llc (registered 2026-05-26)
Form ADVobserved 4 days ago
Occurred
Mar 28, 2024
Regulatory AUM changed
Sp Asset Management Llc reported RAUM $1.4B, up 30% from $1.1B (2023-04-14 to 2024-03-28)
Form ADVobserved 4 days ago
$320M
Occurred
Sep 6, 2022
First Form ADV filing
Sp Asset Management Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 4 days ago
Occurred
Sep 6, 2022
Succession filed (Item 4)
Sp Asset Management Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)
Form ADVobserved 4 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:02579c08-e9a0-0da9-0ca9-17a86651f233
First observed: Sep 6, 2022
Last observed: Mar 30, 2026 5 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

SP ASSET MANAGEMENT LLC

CRD 323369

CUPERTINO, CA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:02579c08-e9a0-0da9-0ca9-17a86651f233

Data as of Mar 30, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 6:54 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

Lucas Andrew Mosher

n/a

CUPERTINO, CA

SANDEEP MADHAVLAL PANDYA

n/a

CUPERTINO, CA

n/a

RAZVAN CHRISTIAN RAICU

Certified Financial Planner

MISSION VIEJO, CA | CUPERTINO, CA

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

SP- ACCOLADE SPV, LP

Private Equity Fund

$14.3M

Mar 30, 2026

Mar 29, 2022

reported

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

PANDYA, MIHIR, SANDEEP

Trustee

yes

03/2025

Mar 30, 2026

PANDYA, RUCHI, SANDEEP

Trustee

yes

03/2025

Mar 30, 2026

PANDYA, SANDEEP, MADHAVLAL

CHIEF COMPLIANCE OFFICER

yes

01/2022

Mar 30, 2026

PANDYA, PARUL, SANDEEP

Owner

01/2022

Mar 30, 2026

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

PANDYA INSURANCE SERVICES, LLC

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 30, 2026

$1.9B

$1.5B

n/a

2024

Mar 31, 2025

$1.7B

$1.3B

n/a

2023

Mar 28, 2024

$1.4B

$973M

$4.3M

2022

Jan 31, 2023

$1.1B

$727M

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$1.9B

$1.7B

10.8%

$1.1B

21.0%