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.

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SEC-registered adviser

S•••• I••••••••• M••••••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 160815SEC 801-73079websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Jan 20, 2012 · 17 filings
SEC status approved since Feb 7, 2012
RAUM
$434M
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
21
9 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$434M as of Mar 30, 2026
Mar 28, 2013$878M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 28, 20130 then
Employees (5.A)21 as of Mar 30, 2026
Mar 28, 201319 then
Private funds1 as of Mar 30, 2026
Mar 28, 20131 then
RAUM +3.9% over the last fiscal year+3.1% a year over threeIARs 0 to 0
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
$145MderivedRAUM 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
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+3.9%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
$1.7M, 2 clientsreportedItem 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)
  • 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)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$434M100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
3reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$1.7M for 2 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
      2 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      S•••• L•••no longer reportedHedge Fund$878M4Apr 27, 2012
      S•••• Q••••••••• M••••• F••• L•••Hedge Fund$392M6Sep 4, 2013
      Owners and control persons
      Schedule A and B, latest filing
      • D••••••• G••••• E••••• · Chief Compliance Officercontrol
        since 01/2012 · owns less than 5%
      • L••••••••• P••••• L••••••• · Managercontrol
        since 11/2011 · owns less than 5%
      • L••••••••• P••••• L••••••• · Managing Membercontrol
        since 06/2013 · owns 75% or more of S•••• H••••••• L••
      Entity owners
      • S•••• H••••••• L•• · Member
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • S•••• I••••••••• M••••••••• L••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Assets in custody · $22.0M to $1.7M
        Mar 28, 2025 to Mar 30, 2026
      • Employees · 20 to 21
        Mar 28, 2025 to Mar 30, 2026
      • Discretionary RAUM · $418M to $434M
        Mar 28, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $418M to $434M
        Mar 28, 2025 to Mar 30, 2026
      • RAUM · $418M to $434M
        Mar 28, 2025 to Mar 30, 2026
      • Assets in custody · $669,896 to $22.0M
        Mar 27, 2024 to Mar 28, 2025
      • Financial planning clients · unset to
        Mar 27, 2024 to Mar 28, 2025
      • Discretionary RAUM · $392M to $418M
        Mar 27, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $392M to $418M
        Mar 27, 2024 to Mar 28, 2025
      • RAUM · $392M to $418M
        Mar 27, 2024 to Mar 28, 2025
      • Assets in custody · $646,132 to $669,896
        Mar 29, 2023 to Mar 27, 2024
      • Discretionary RAUM · $396M to $392M
        Mar 29, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $396M to $392M
        Mar 29, 2023 to Mar 27, 2024
      • RAUM · $396M to $392M
        Mar 29, 2023 to Mar 27, 2024
      • Assets in custody · $25.7M to $646,132
        Mar 30, 2022 to Mar 29, 2023
      • Discretionary RAUM · $453M to $396M
        Mar 30, 2022 to Mar 29, 2023
      • Pooled vehicle RAUM · $453M to $396M
        Mar 30, 2022 to Mar 29, 2023
      • RAUM · $453M to $396M
        Mar 30, 2022 to Mar 29, 2023
      • Advisory employees · 10 to 9
        Mar 31, 2021 to Mar 30, 2022
      • Assets in custody · $510,039 to $25.7M
        Mar 31, 2021 to Mar 30, 2022
      • Discretionary RAUM · $497M to $453M
        Mar 31, 2021 to Mar 30, 2022
      • Pooled vehicle RAUM · $497M to $453M
        Mar 31, 2021 to Mar 30, 2022
      • RAUM · $497M to $453M
        Mar 31, 2021 to Mar 30, 2022
      • Assets in custody · $508,201 to $510,039
        Mar 25, 2020 to Mar 31, 2021
      • Discretionary RAUM · $1.7B to $497M
        Mar 25, 2020 to Mar 31, 2021
      • Pooled vehicle RAUM · $1.7B to $497M
        Mar 25, 2020 to Mar 31, 2021
      • RAUM · $1.7B to $497M
        Mar 25, 2020 to Mar 31, 2021
      • Assets in custody · $500,000 to $508,201
        Mar 26, 2019 to Mar 25, 2020
      • Discretionary RAUM · $3.2B to $1.7B
        Mar 26, 2019 to Mar 25, 2020
      • Pooled vehicle RAUM · $3.2B to $1.7B
        Mar 26, 2019 to Mar 25, 2020
      • RAUM · $3.2B to $1.7B
        Mar 26, 2019 to Mar 25, 2020
      • Discretionary RAUM · $3.6B to $3.2B
        Mar 23, 2018 to Mar 26, 2019
      • Pooled vehicle RAUM · $3.6B to $3.2B
        Mar 23, 2018 to Mar 26, 2019
      • RAUM · $3.6B to $3.2B
        Mar 23, 2018 to Mar 26, 2019
      • Charity clients · unset to 0.0
        Mar 29, 2017 to Mar 23, 2018
      • Corporate clients · unset to 0.0
        Mar 29, 2017 to Mar 23, 2018
      • HNW clients · unset to 0.0
        Mar 29, 2017 to Mar 23, 2018
      • Individual clients · unset to 0.0
        Mar 29, 2017 to Mar 23, 2018
      • Pension plan clients · unset to 0.0
        Mar 29, 2017 to Mar 23, 2018
      • Pooled vehicle clients · unset to 3.0
        Mar 29, 2017 to Mar 23, 2018
      Signals
      3 dated events
      • S•••• I••••••••• M••••••••• L•• reported RAUM $497.1M, down 71% from $1.7B (2020-03-25 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      • S•••• I••••••••• M••••••••• L•• reported RAUM $1.7B, down 48% from $3.2B (2019-03-26 to 2020-03-25)
        Mar 25, 2020 · RAUM change · derived
      • S•••• I••••••••• M••••••••• L•• reported RAUM $3.6B, up 26% from $2.9B (2017-03-29 to 2018-03-23)
        Mar 23, 2018 · 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
      Firm profile
      linkedin.com/company/spark-investment-management-llcreportedpublic record, Form ADV, Sep 18, 2026
      Website
      sparkim.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      212-826-1900reportedpublic 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