DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Sparrow Capital Management Inc
Latest filing Mar 18, 2026
First filing on the tape Mar 30, 2012 · 31 filings
SEC status approved since Dec 1, 1992
RAUM
$113M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
31%
$35.2M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$113M
derived; firm RAUM over IAPD count
Employees
2
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$113M as of Mar 18, 2026
Mar 30, 2012$40.6M then
HNW client RAUM$19.8M as of Mar 18, 2026
Mar 29, 2018$12.3M then
State-registered IARs (5.B.3)1 as of Mar 18, 2026
Apr 1, 20131 then
Employees (5.A)2 as of Mar 18, 2026
Apr 1, 20132 then
Private funds1 as of Mar 18, 2026
Mar 25, 20141 then
RAUM -49% over the last fiscal year-14% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 18, 2026; every figure names its basis
Archetypes, each a printed rule
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $113MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 54derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.0MderivedHNW RAUM over HNW clients
- Average account
- $1.9MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 1.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -49%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +0.0%derived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Investment companies$68.2M60%
- High-net-worth individuals$19.8M17%
- Individuals$15.4M14%
- Pooled investment vehicles$9.0M8.0%
- Pension and profit-sharing plans$597,0690.5%
- Corporations and businesses$272,5520.2%
- Individual clients
- 44reported
- HNW clients
- 10reported
- Pension plan clients
- 1reported
- Charitable clients
- n/areported
- Accounts
- 61reported
- Financial planning clients
- 0reported
- Wrap fee programs
- $0 sponsored, $3.9M managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.31 fund_share=0.68 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Gerald Richard Sparrow | St. Louis, Mo | Nov 25, 1997 | 37 y | 3 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Joshua T Mocilan to Wells Fargo AdvisorsFeb 18, 2016 · Other
- Scott Clifton Buell to The Mutual Fund StoreJun 28, 2006 · Other
Joined, latest
- Gerald Richard Sparrow from Buford Dickson Harper & Sparrow IncNov 25, 1997 · Other
Private funds
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Sparrow Fund L.P. | Hedge Fund | $7.0M | 15 | Jul 29, 2013 |
Owners and control persons
Schedule A and B, latest filing
- Richard Gerald Sparrow · President, Chief Investment Officer & Chief Compliance Officercontrolsince 01/1998 · owns 75% or more
Related persons
Schedule D 7.A
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
4 against comparable advisers; where to look, not conclusions
- institutional to wealth shiftCombination · filing Mar 18, 2026institutional share fell 15 points or more while private-client share rose 15 points or more. RAUM $224,250,272 to $113,262,659, advisors 1 to 1, private clients 54 to 54, offices 0 to 0 (2025-03-11 to 2026-03-18)peers: independent wealth managers, $100M to $500M (5,676)
- client mix shiftChange between filings · filing Mar 18, 2026private-client share of RAUM moved from 16.0% to 31.0% between the annual amendments of 2025-03-11 and 2026-03-18peers: independent wealth managers, $100M to $500M (5,676)
- institutional asset share shiftChange between filings · filing Mar 18, 2026institutional share of RAUM moved from 53.0% to 1.0% between the annual amendments of 2025-03-11 and 2026-03-18peers: independent wealth managers, $100M to $500M (5,676)
- RAUM down 25 %Change between filings · filing Mar 18, 2026RAUM (Item 5.F) moved from $224,250,272 to $113,262,659 (-49.0%) between the annual amendments of 2025-03-11 and 2026-03-18; the peer median change was +15.0% (4551 comparable advisers, 1.0th percentile of changes)peers: independent wealth managers, $100M to $500M (4,551) · 0.5% percentile
What changed
consecutive filings, newest first
- Accounts · 66 to 61Mar 11, 2025 to Mar 18, 2026
- HNW clients · 11 to 10Mar 11, 2025 to Mar 18, 2026
- Individual clients · 43 to 44Mar 11, 2025 to Mar 18, 2026
- Discretionary RAUM · $224M to $113MMar 11, 2025 to Mar 18, 2026
- HNW RAUM · $19.9M to $19.8MMar 11, 2025 to Mar 18, 2026
- Individual RAUM · $15.0M to $15.4MMar 11, 2025 to Mar 18, 2026
- Pension RAUM · $505,960 to $597,069Mar 11, 2025 to Mar 18, 2026
- Pooled vehicle RAUM · $8.4M to $9.0MMar 11, 2025 to Mar 18, 2026
- RAUM · $224M to $113MMar 11, 2025 to Mar 18, 2026
- Wrap assets (manager) · $23.8M to $3.9MMar 11, 2025 to Mar 18, 2026
- Accounts · 67 to 66Feb 29, 2024 to Mar 11, 2025
- HNW clients · 9 to 11Feb 29, 2024 to Mar 11, 2025
- Individual clients · 47 to 43Feb 29, 2024 to Mar 11, 2025
- Pension plan clients · 3 to 1Feb 29, 2024 to Mar 11, 2025
- Financial planning clients · 0 to 0Feb 29, 2024 to Mar 11, 2025
- Discretionary RAUM · $196M to $224MFeb 29, 2024 to Mar 11, 2025
- HNW RAUM · $15.1M to $19.9MFeb 29, 2024 to Mar 11, 2025
- Individual RAUM · $15.1M to $15.0MFeb 29, 2024 to Mar 11, 2025
- Pension RAUM · $333,904 to $505,960Feb 29, 2024 to Mar 11, 2025
- Pooled vehicle RAUM · $7.0M to $8.4MFeb 29, 2024 to Mar 11, 2025
- RAUM · $196M to $224MFeb 29, 2024 to Mar 11, 2025
- Wrap assets (manager) · $14.4M to $23.8MFeb 29, 2024 to Mar 11, 2025
- Accounts · 68 to 67Apr 28, 2023 to Feb 29, 2024
- Discretionary RAUM · $179M to $196MApr 28, 2023 to Feb 29, 2024
- HNW RAUM · $12.6M to $15.1MApr 28, 2023 to Feb 29, 2024
- Individual RAUM · $12.7M to $15.1MApr 28, 2023 to Feb 29, 2024
- Pension RAUM · $269,681 to $333,904Apr 28, 2023 to Feb 29, 2024
- Pooled vehicle RAUM · $6.7M to $7.0MApr 28, 2023 to Feb 29, 2024
- RAUM · $179M to $196MApr 28, 2023 to Feb 29, 2024
- Wrap assets (manager) · $13.1M to $14.4MApr 28, 2023 to Feb 29, 2024
- Accounts · 72 to 68Aug 18, 2022 to Feb 17, 2023
- Corporate clients · unset to 1.0Aug 18, 2022 to Feb 17, 2023
- HNW clients · 11 to 9Aug 18, 2022 to Feb 17, 2023
- Individual clients · 51 to 47Aug 18, 2022 to Feb 17, 2023
- Discretionary RAUM · $225M to $179MAug 18, 2022 to Feb 17, 2023
- HNW RAUM · $16.9M to $12.6MAug 18, 2022 to Feb 17, 2023
- Individual RAUM · $15.3M to $12.7MAug 18, 2022 to Feb 17, 2023
- Pension RAUM · $3.9M to $269,681Aug 18, 2022 to Feb 17, 2023
- Pooled vehicle RAUM · $10.1M to $6.7MAug 18, 2022 to Feb 17, 2023
- RAUM · $225M to $179MAug 18, 2022 to Feb 17, 2023
Signals
2 dated events
- Sparrow Capital Management Inc reported RAUM $113.3M, down 49% from $224.3M (2025-03-11 to 2026-03-18)Mar 18, 2026 · RAUM change · derived
- Sparrow Capital Management Inc reported RAUM $305.5M, up 148% from $123.4M (2019-03-26 to 2020-03-26)Mar 26, 2020 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business email
- srose@sparrowcapital.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 888-727-3301reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 314-725-6161reportedpublished by the firm, firm site, Sep 16, 2026
- Website
- SPARROWCAPITAL.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 314-725-6161reportedpublic record, Form ADV, Mar 18, 2026
- Contact form
- sparrowcapital.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
- Team page
- sparrowcapital.com/teamreportedpublished by the firm, firm site, Sep 16, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $113Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026