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
Spectrum Equity
Legal name Spectrum Equity Management, Inc.
Latest filing Mar 30, 2026
First filing on the tape Feb 13, 2012 · 19 filings
SEC status approved since Mar 30, 2012
RAUM
$7.3B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
80
42 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
32
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$7.3B as of Mar 30, 2026
Mar 26, 2013$2.2B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 26, 20130 then
Employees (5.A)80 as of Mar 30, 2026
Mar 26, 201342 then
Private funds32 as of Mar 30, 2026
Mar 26, 201311 then
RAUM -0.8% over the last fiscal year-3.0% a year over threeIARs 0 to 0offices 1 to 2
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $229MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- -0.8%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for pooled vehiclesreportedItem 5.G
- Custody
- yesreportedItem 9.A
- 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$7.3B100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 32reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $0 for 0 clientsreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
37 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Spectrum Equity Vii, L.P. | Private Equity Fund | $1.7B | 84 | Mar 30, 2015 |
| Spectrum Equity Viii - A, L.P. | Private Equity Fund | $1.3B | 54 | Mar 30, 2018 |
| Spectrum Equity Ix-A, L.P. | Private Equity Fund | $1.0B | 65 | Mar 29, 2021 |
| Spectrum Equity Viii - B, L.P. | Private Equity Fund | $359M | 30 | Mar 30, 2018 |
| Spectrum Equity Ix-B, L.P. | Private Equity Fund | $264M | 31 | Mar 29, 2021 |
| Spectrum Select Opportunities-A, L.P. | Private Equity Fund | $142M | 14 | Mar 30, 2022 |
| Spectrum Discretionary Overage Program II | Private Equity Fund | $125M | 27 | Mar 29, 2021 |
| Spectrum Equity X-A, L.P. | Private Equity Fund | $115M | 65 | Mar 30, 2023 |
| Spectrum Equity Investors V, L.P.no longer reported | Private Equity Fund | $84.9M | 66 | Feb 13, 2012 |
| Spectrum Equity Discretionary Overage Program | Private Equity Fund | $84.5M | 28 | Mar 30, 2018 |
| Spectrum Equity Ls, L.P. | Private Equity Fund | $60.8M | 7 | Mar 30, 2022 |
| Spectrum Equity X-B, L.P. | Private Equity Fund | $59.3M | 56 | Mar 30, 2023 |
| Spectrum Equity Ix-C, L.P. | Private Equity Fund | $52.6M | 70 | Mar 29, 2021 |
| Spectrum Equity Viii - C, L.P. | Private Equity Fund | $49.7M | 56 | Mar 30, 2018 |
| Spectrum Select Opportunities-B, L.P. | Private Equity Fund | $29.4M | 8 | Mar 30, 2022 |
| Spectrum Equity Investors Vi, L.P. | Private Equity Fund | $26.4M | 63 | Feb 13, 2012 |
| Spectrum Equity Discretionary Overage Program III-A, L.P. | Private Equity Fund | $13.3M | 16 | Mar 30, 2023 |
| Spectrum Equity Discretionary Overage Program III-B, L.P. | Private Equity Fund | $11.3M | 17 | Mar 30, 2023 |
| Spectrum Equity Investors IV, L.P.no longer reported | Private Equity Fund | $9.9M | 154 | Feb 13, 2012 |
| Spectrum Equity X-C, L.P. | Private Equity Fund | $6.5M | 89 | Mar 30, 2023 |
| Spectrum Viii Investment Managers' Fund, L.P. | Private Equity Fund | $6.2M | 13 | Mar 30, 2018 |
| Spectrum Ix Investment Managers' Fund, L.P | Private Equity Fund | $4.5M | 22 | Mar 29, 2021 |
| Spectrum Vii Investment Managers' Fund, L.P. | Private Equity Fund | $3.3M | 17 | Mar 30, 2015 |
| Spectrum Anc Investor, L.P. | Private Equity Fund | $2.9M | 11 | Mar 30, 2017 |
| Spectrum Viii Coinvestment Fund, L.P. | Private Equity Fund | $2.4M | 36 | Mar 30, 2018 |
| Spectrum Ix Co-Investment Fund, L.P. | Private Equity Fund | $2.2M | 33 | Mar 29, 2021 |
| Spectrum Vii Coinvestment Fund, L.P. | Private Equity Fund | $1.7M | 27 | Mar 30, 2015 |
| Spectrum Equity Investors III, L.P.no longer reported | Private Equity Fund | $1.3M | 61 | Feb 13, 2012 |
| Spectrum X Investment Managers' Fund, L.P. | Private Equity Fund | $766,019 | 36 | Mar 30, 2023 |
| Spectrum V Investment Managers' Fund, L.P.no longer reported | Private Equity Fund | $317,770 | 70 | Feb 13, 2012 |
| Spectrum IV Investment Managers' Fund, L.P.no longer reported | Private Equity Fund | $237,934 | 38 | Feb 13, 2012 |
| Sei III Entrepreneurs' Fund, L.P.no longer reported | Private Equity Fund | $181,909 | 96 | Feb 13, 2012 |
| Spectrum X Co-Investment Fund, L.P. | Private Equity Fund | $145,091 | 23 | Mar 30, 2023 |
| Spectrum Equity Investors Parallel IV, L.P.no longer reported | Private Equity Fund | $127,097 | 63 | Feb 13, 2012 |
| Spectrum Vi Investment Managers' Fund, L.P. | Private Equity Fund | $113,560 | 30 | Feb 13, 2012 |
| Spectrum III Investment Managers' Fund, L.P.no longer reported | Private Equity Fund | $52,573 | 25 | Feb 13, 2012 |
| Spectrum Vi Co-Investment Fund, L.P. | Private Equity Fund | $36,497 | 17 | Feb 13, 2012 |
Owners and control persons
Schedule A and B, latest filing
- William Michael Farrell · Vice Presidentcontrolsince 10/2023 · owns less than 5%
- Matthew Stephen Lesieur · Vice Presidentcontrolsince 10/2019 · owns less than 5%
- Thomas Christopher Mitchell · Vice Presidentcontrolsince 11/2014 · owns less than 5%
- Elfendahl Victor Parker · Presidentcontrolsince 11/2014 · owns less than 5%
- Alvarez Carolina Picazo · Chief Administrative Officer, Chief Compliance Officer & Corporate Secretarycontrolsince 12/2019 · owns less than 5%
- Matthew Brian Regan · Treasurer, Chief Financial Officer & Assistant Secretarycontrolsince 11/2015 · owns less than 5%
- Carl Benjamin Spero · Vice Presidentcontrolsince 11/2014 · owns less than 5%
- William Michael Farrell · Limited Partnercontrolsince 10/2023 · owns F of Spectrum Equity Management, L.P.
- Matthew Stephen Lesieur · Limited Partnercontrolsince 10/2020 · owns F of Spectrum Equity Management, L.P.
- Thomas Christopher Mitchell · Limited Partnercontrolsince 06/2014 · owns F of Spectrum Equity Management, L.P.
- Elfendahl Victor Parker · Limited Partnercontrolsince 06/2014 · owns F of Spectrum Equity Management, L.P.
- Carl Benjamin Spero · Limited Partnercontrolsince 06/2014 · owns F of Spectrum Equity Management, L.P.
Entity owners
- Spectrum Equity Management, L.P. · Sole Shareholderdirect · owns 75% or more
- Spectrum Managment Gp, LLC · General Partnerindirect · owns F of Spectrum Equity Management, L.P.
Related persons
Schedule D 7.A
- Sdop I Management LLCpooled vehicle sponsorn
- Sdop II Management, LLCpooled vehicle sponsorn
- Sdop III Management, LLCpooled vehicle sponsorn
- Sea Ix Management, LLCpooled vehicle sponsorn
- Sea Ls Management, LLCpooled vehicle sponsorn
- Sea Vi Management LLCpooled vehicle sponsorn
- Sea Vii Management LLCpooled vehicle sponsorn
- Sea Viii Management LLCpooled vehicle sponsorn
- Sea X Management, LLCpooled vehicle sponsorn
- Spectrum Discretionary Overage Program Associates I, L.P.pooled vehicle sponsorn
- Spectrum Discretionary Overage Program Associates II, L.P.pooled vehicle sponsorn
- Spectrum Discretionary Overage Program Associates III, L.P.pooled vehicle sponsorn
- Spectrum Equity Associates Ix, L.P.pooled vehicle sponsorn
- Spectrum Equity Associates Ls, L.P.pooled vehicle sponsorn
- Spectrum Equity Associates Vi, L.P.pooled vehicle sponsorn
- Spectrum Equity Associates Vii, L.P.pooled vehicle sponsorn
- Spectrum Equity Associates Viii, L.P.pooled vehicle sponsorn
- Spectrum Equity Associates X, L.P.pooled vehicle sponsorn
- Spectrum Equity Uk, Llpinvestment advisery
- Spectrum Select Opportunities Associates, L.P.pooled vehicle sponsorn
- Ssoa Management, LLCpooled vehicle sponsorn
Offices
Schedule D 1.F, the 25 largest
- San Francisco, CA21 employees
What changed
consecutive filings, newest first
- Accounts · 29 to 32Jan 6, 2026 to Mar 30, 2026
- Pooled vehicle clients · 29 to 32Jan 6, 2026 to Mar 30, 2026
- Other offices · 1 to 2Jan 6, 2026 to Mar 30, 2026
- Private funds · 29 to 32Jan 6, 2026 to Mar 30, 2026
- Discretionary RAUM · $7.4B to $7.3BJan 6, 2026 to Mar 30, 2026
- Pooled vehicle RAUM · $7.4B to $7.3BJan 6, 2026 to Mar 30, 2026
- RAUM · $7.4B to $7.3BJan 6, 2026 to Mar 30, 2026
- Related adviser · true to falseJan 6, 2026 to Mar 30, 2026
- Advisory employees · 41 to 42Mar 28, 2024 to Mar 27, 2025
- Employees · 74 to 80Mar 28, 2024 to Mar 27, 2025
- Financial planning clients · unset to Mar 28, 2024 to Mar 27, 2025
- Discretionary RAUM · $8.3B to $7.4BMar 28, 2024 to Mar 27, 2025
- Pooled vehicle RAUM · $8.3B to $7.4BMar 28, 2024 to Mar 27, 2025
- RAUM · $8.3B to $7.4BMar 28, 2024 to Mar 27, 2025
- Advisory employees · 38 to 41Mar 30, 2023 to Mar 28, 2024
- Employees · 71 to 74Mar 30, 2023 to Mar 28, 2024
- Discretionary RAUM · $8.0B to $8.3BMar 30, 2023 to Mar 28, 2024
- Pooled vehicle RAUM · $8.0B to $8.3BMar 30, 2023 to Mar 28, 2024
- RAUM · $8.0B to $8.3BMar 30, 2023 to Mar 28, 2024
- Accounts · 22 to 29Mar 30, 2022 to Mar 30, 2023
- Advisory employees · 37 to 38Mar 30, 2022 to Mar 30, 2023
- Pooled vehicle clients · 22 to 29Mar 30, 2022 to Mar 30, 2023
- Employees · 66 to 71Mar 30, 2022 to Mar 30, 2023
- Private funds · 22 to 29Mar 30, 2022 to Mar 30, 2023
- Discretionary RAUM · $8.2B to $8.0BMar 30, 2022 to Mar 30, 2023
- Pooled vehicle RAUM · $8.2B to $8.0BMar 30, 2022 to Mar 30, 2023
- RAUM · $8.2B to $8.0BMar 30, 2022 to Mar 30, 2023
- Accounts · 21 to 22Mar 29, 2021 to Mar 30, 2022
- Advisory employees · 36 to 37Mar 29, 2021 to Mar 30, 2022
- Pooled vehicle clients · 21 to 22Mar 29, 2021 to Mar 30, 2022
- Employees · 65 to 66Mar 29, 2021 to Mar 30, 2022
- Private funds · 21 to 22Mar 29, 2021 to Mar 30, 2022
- Discretionary RAUM · $7.4B to $8.2BMar 29, 2021 to Mar 30, 2022
- Pooled vehicle RAUM · $7.4B to $8.2BMar 29, 2021 to Mar 30, 2022
- RAUM · $7.4B to $8.2BMar 29, 2021 to Mar 30, 2022
- Accounts · 15 to 21Nov 5, 2020 to Mar 29, 2021
- Advisory employees · 33 to 36Nov 5, 2020 to Mar 29, 2021
- Pooled vehicle clients · 15 to 21Nov 5, 2020 to Mar 29, 2021
- Employees · 53 to 65Nov 5, 2020 to Mar 29, 2021
- Private funds · 15 to 21Nov 5, 2020 to Mar 29, 2021
Signals
5 dated events
- William Michael Farrell (Vice President) appeared on Schedule A of Spectrum EquityMar 28, 2024 · Control person joined · fact
- Spectrum Equity reported RAUM $7.4B, up 89% from $3.9B (2020-11-05 to 2021-03-29)Mar 29, 2021 · RAUM change · derived
- Matthew Stephen Lesieur (Limited Partner) appeared on Schedule A of Spectrum EquityNov 5, 2020 · Control person joined · fact
- Peter William Collatos (Managing Director) no longer on Schedule A of Spectrum Equity (listed 2019-03-29, absent 2020-03-27)Mar 27, 2020 · Control person left · inference
- Spectrum Equity reported RAUM $3.4B, up 59% from $2.1B (2017-03-30 to 2018-03-30)Mar 30, 2018 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
- Spectrum Equity · Independent Sponsorsshared crd · capital_provider
- Spectrum Equity · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/spectrum-equity/mycompanyreportedpublic record, Form ADV, Sep 17, 2026
- Website
- SPECTRUMEQUITY.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 617-464-4600reportedpublic record, Form ADV, Mar 30, 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
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026